Deere Net Cash Flow Investment Acquisitions and Disposals vs Payment of Dividends and Other Cash Distributions Analysis

DE Stock  USD 409.14  12.09  3.04%   
Trend analysis of Deere Company balance sheet accounts such as Other Current Liabilities of 13.9 B provides information on Deere's total assets, liabilities, and equity, which is the actual value of Deere Company to its prevalent stockholders. By breaking down trends over time using Deere balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Deere Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Deere Company at a specified time, usually calculated after every quarter, six months, or one year. Deere Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Deere and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Deere currently owns. An asset can also be divided into two categories, current and non-current.

Deere Balance Sheet Chart

Deere Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Deere Company uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Deere's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 13.9 B, whereas Other Current Assets are forecasted to decline to about 177 M.

Total Assets

Total assets refers to the total amount of Deere assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Deere Company books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Deere balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Deere Company are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.
Most indicators from Deere's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deere Company current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Deere's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.1B2.5B2.8B3.0B
Depreciation And Amortization1.9B2.0B2.3B2.4B

Deere fundamental ratios Correlations

1.00.720.990.950.930.990.980.80.970.420.820.99-0.720.950.960.01-0.950.990.931.00.98-0.050.690.740.23
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0.720.710.80.820.470.730.810.440.620.180.450.77-0.460.490.75-0.48-0.690.670.470.750.79-0.70.430.340.17
0.990.990.80.950.880.990.980.750.940.350.781.0-0.690.90.96-0.1-0.930.980.880.991.0-0.170.650.670.25
0.950.930.820.950.80.930.970.720.910.520.740.94-0.670.80.95-0.03-0.90.910.80.950.93-0.210.730.680.2
0.930.940.470.880.80.930.880.770.970.460.770.89-0.810.970.840.27-0.910.941.00.90.880.190.740.810.01
0.991.00.730.990.930.930.980.730.970.380.760.99-0.720.940.95-0.03-0.950.990.930.990.98-0.080.690.720.22
0.980.980.810.980.970.880.980.760.960.420.770.98-0.750.880.94-0.05-0.950.960.880.980.98-0.20.710.710.12
0.80.80.440.750.720.770.730.760.780.320.990.75-0.640.810.660.27-0.750.80.770.790.750.140.450.640.07
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0.420.380.180.350.520.460.380.420.320.520.30.36-0.530.40.520.4-0.490.380.460.380.280.190.630.67-0.12
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0.990.990.771.00.940.890.990.980.750.950.360.79-0.690.920.95-0.09-0.940.990.891.00.99-0.120.640.690.27
-0.72-0.74-0.46-0.69-0.67-0.81-0.72-0.75-0.64-0.79-0.53-0.59-0.69-0.72-0.62-0.240.85-0.72-0.81-0.69-0.70.08-0.65-0.90.26
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0.010.01-0.48-0.1-0.030.27-0.03-0.050.270.180.40.2-0.09-0.240.15-0.03-0.030.020.27-0.05-0.110.690.470.34-0.4
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0.930.940.470.880.81.00.930.880.770.970.460.770.89-0.810.970.840.27-0.910.940.90.880.190.740.810.01
1.00.990.750.990.950.90.990.980.790.950.380.831.0-0.690.930.95-0.05-0.930.990.90.98-0.080.650.710.28
0.980.980.791.00.930.880.980.980.750.930.280.780.99-0.70.890.93-0.11-0.930.970.880.98-0.180.620.660.22
-0.05-0.05-0.7-0.17-0.210.19-0.08-0.20.140.060.190.16-0.120.080.2-0.090.690.110.010.19-0.08-0.180.080.160.11
0.690.680.430.650.730.740.690.710.450.80.630.420.64-0.650.630.740.47-0.690.660.740.650.620.080.68-0.17
0.740.730.340.670.680.810.720.710.640.80.670.630.69-0.90.770.70.34-0.820.740.810.710.660.160.680.04
0.230.20.170.250.20.010.220.120.070.07-0.120.220.270.260.20.31-0.4-0.060.240.010.280.220.11-0.170.04
Click cells to compare fundamentals

Deere Account Relationship Matchups

Deere fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.1B84.1B90.0B104.1B119.7B125.7B
Short Long Term Debt Total46.0B48.4B51.9B63.4B72.9B76.6B
Other Current Liab(1.5B)(1.7B)10.0B11.5B13.3B13.9B
Total Current Liabilities23.5B27.9B33.1B41.1B47.2B49.6B
Total Stockholder Equity12.9B18.4B20.3B21.8B25.1B26.3B
Property Plant And Equipment Net13.1B12.8B12.7B13.8B15.9B16.7B
Net Debt38.9B40.4B47.1B56.0B64.3B67.6B
Retained Earnings31.6B36.4B42.2B50.9B58.6B61.5B
Cash7.1B8.0B4.8B7.5B8.6B9.0B
Non Current Assets Total22.5B24.2B24.6B26.2B30.1B31.6B
Non Currrent Assets Other3.3B5.6B6.0B2.5B2.9B2.0B
Cash And Short Term Investments7.7B8.7B5.5B8.4B9.7B10.1B
Net Receivables39.9B44.4B51.5B61.4B70.6B74.1B
Liabilities And Stockholders Equity75.1B84.1B90.0B104.1B119.7B125.7B
Non Current Liabilities Total38.7B37.8B36.5B41.1B47.3B49.7B
Inventory5.0B6.8B8.5B8.2B9.4B9.9B
Other Current Assets37.9B42.3B1.1B162M186.3M177.0M
Other Stockholder Equity(18.1B)(20.5B)(24.1B)(31.3B)(28.2B)(26.8B)
Total Liab62.1B65.7B69.7B82.2B94.5B99.3B
Property Plant And Equipment Gross13.1B12.8B12.7B13.8B15.9B16.7B
Total Current Assets52.6B60.0B65.5B77.9B89.6B94.1B
Accumulated Other Comprehensive Income(5.5B)(2.5B)(3.1B)(3.1B)(2.8B)(2.9B)
Short Term Debt13.3B15.5B18.3B24.9B28.7B30.1B
Accounts Payable10.1B12.2B3.9B3.5B4.0B5.5B
Intangible Assets1.3B1.3B1.2B1.1B1.3B1.4B
Common Stock Total Equity4.6B4.9B5.1B5.2B5.9B3.6B
Short Term Investments641M728M734M946M1.1B841.9M
Common Stock4.9B5.1B5.2B5.3B6.1B3.7B
Other Liab6.0B5.1B3.0B2.7B3.1B5.5B
Other Assets3.4B31.2B7.1B6.1B7.1B6.2B
Long Term Debt37.4B32.9B33.6B38.5B44.2B22.3B
Treasury Stock(16.3B)(17.5B)(18.1B)(20.5B)(18.5B)(17.6B)
Property Plant Equipment6.1B12.8B6.0B7.2B8.2B5.4B
Current Deferred Revenue1.6B1.8B956M1.1B1.3B851.5M
Good Will3.1B3.3B3.7B3.9B4.5B4.7B
Net Tangible Assets8.5B13.9B15.4B16.3B18.7B19.7B
Noncontrolling Interest In Consolidated Entity3.4M4M7M3M2.7M2.6M
Retained Earnings Total Equity29.9B31.6B36.4B42.2B48.6B26.4B
Long Term Debt Total34.6B37.4B37.5B33.6B38.6B29.0B

Pair Trading with Deere

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deere will appreciate offsetting losses from the drop in the long position's value.

Moving together with Deere Stock

  0.7MNTX Manitex International Financial Report 2nd of May 2024 PairCorr

Moving against Deere Stock

  0.58REVG Rev Group Financial Report 13th of June 2024 PairCorr
  0.45GENC Gencor IndustriesPairCorr
The ability to find closely correlated positions to Deere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deere Company to buy it.
The correlation of Deere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deere Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Deere Company is a strong investment it is important to analyze Deere's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deere's future performance. For an informed investment choice regarding Deere Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Deere's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.32
Earnings Share
34.31
Revenue Per Share
211.12
Quarterly Revenue Growth
(0.04)
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.