Deere Trade and Non Trade Payables vs Goodwill and Intangible Assets Analysis
DE Stock | USD 399.61 0.71 0.18% |
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.
Deere |
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 Stockholder Equity is projected to grow to (26.8 B). Add Fundamental
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.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 Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.01, whereas Selling General Administrative is forecasted to decline to about 2.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.1B | 2.5B | 2.8B | 3.0B | Depreciation And Amortization | 1.9B | 2.0B | 2.3B | 2.4B |
Deere fundamental ratios Correlations
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Deere Account Relationship Matchups
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Deere fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 75.1B | 84.1B | 90.0B | 104.1B | 119.7B | 125.7B | |
Short Long Term Debt Total | 46.0B | 48.4B | 51.9B | 63.4B | 72.9B | 76.6B | |
Other Current Liab | (1.5B) | (1.7B) | 10.0B | 11.5B | 13.3B | 13.9B | |
Total Current Liabilities | 23.5B | 27.9B | 33.1B | 41.1B | 47.2B | 49.6B | |
Total Stockholder Equity | 12.9B | 18.4B | 20.3B | 21.8B | 25.1B | 26.3B | |
Property Plant And Equipment Net | 13.1B | 12.8B | 12.7B | 13.8B | 15.9B | 16.7B | |
Net Debt | 38.9B | 40.4B | 47.1B | 56.0B | 64.3B | 67.6B | |
Retained Earnings | 31.6B | 36.4B | 42.2B | 50.9B | 58.6B | 61.5B | |
Cash | 7.1B | 8.0B | 4.8B | 7.5B | 8.6B | 9.0B | |
Non Current Assets Total | 22.5B | 24.2B | 24.6B | 26.2B | 30.1B | 31.6B | |
Non Currrent Assets Other | 3.3B | 5.6B | 6.0B | 2.5B | 2.9B | 2.0B | |
Cash And Short Term Investments | 7.7B | 8.7B | 5.5B | 8.4B | 9.7B | 10.1B | |
Net Receivables | 39.9B | 44.4B | 51.5B | 61.4B | 70.6B | 74.1B | |
Liabilities And Stockholders Equity | 75.1B | 84.1B | 90.0B | 104.1B | 119.7B | 125.7B | |
Non Current Liabilities Total | 38.7B | 37.8B | 36.5B | 41.1B | 47.3B | 49.7B | |
Inventory | 5.0B | 6.8B | 8.5B | 8.2B | 9.4B | 9.9B | |
Other Current Assets | 37.9B | 42.3B | 1.1B | 56.5B | 64.9B | 68.2B | |
Other Stockholder Equity | (18.1B) | (20.5B) | (24.1B) | (31.3B) | (28.2B) | (26.8B) | |
Total Liab | 62.1B | 65.7B | 69.7B | 82.2B | 94.5B | 99.3B | |
Property Plant And Equipment Gross | 13.1B | 12.8B | 12.7B | 13.8B | 15.9B | 16.7B | |
Total Current Assets | 52.6B | 60.0B | 65.5B | 77.9B | 89.6B | 94.1B | |
Accumulated Other Comprehensive Income | (5.5B) | (2.5B) | (3.1B) | (3.1B) | (2.8B) | (2.9B) | |
Short Term Debt | 13.3B | 15.5B | 18.3B | 24.9B | 28.7B | 30.1B | |
Accounts Payable | 10.1B | 12.2B | 3.9B | 3.5B | 4.0B | 5.5B | |
Intangible Assets | 1.3B | 1.3B | 1.2B | 1.1B | 1.3B | 1.4B | |
Common Stock Total Equity | 4.6B | 4.9B | 5.1B | 5.2B | 5.9B | 3.6B | |
Short Term Investments | 641M | 728M | 734M | 946M | 1.1B | 841.9M | |
Common Stock | 4.9B | 5.1B | 5.2B | 5.3B | 6.1B | 3.7B | |
Other Liab | 6.0B | 5.1B | 3.0B | 2.7B | 3.1B | 5.5B | |
Other Assets | 3.4B | 31.2B | 7.1B | 6.1B | 7.1B | 6.2B | |
Long Term Debt | 37.4B | 32.9B | 33.6B | 38.5B | 44.2B | 22.3B | |
Treasury Stock | (16.3B) | (17.5B) | (18.1B) | (20.5B) | (18.5B) | (17.6B) | |
Property Plant Equipment | 6.1B | 12.8B | 6.0B | 7.2B | 8.2B | 5.4B | |
Current Deferred Revenue | 1.6B | 1.8B | 956M | 1.1B | 1.3B | 851.5M | |
Good Will | 3.1B | 3.3B | 3.7B | 3.9B | 4.5B | 4.7B | |
Net Tangible Assets | 8.5B | 13.9B | 15.4B | 16.3B | 18.7B | 19.7B | |
Noncontrolling Interest In Consolidated Entity | 3.4M | 4M | 7M | 3M | 2.7M | 2.6M | |
Retained Earnings Total Equity | 29.9B | 31.6B | 36.4B | 42.2B | 48.6B | 26.4B | |
Long Term Debt Total | 34.6B | 37.4B | 37.5B | 33.6B | 38.6B | 29.0B |
Deere Investors Sentiment
The influence of Deere's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Deere. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Deere's public news can be used to forecast risks associated with an investment in Deere. The trend in average sentiment can be used to explain how an investor holding Deere can time the market purely based on public headlines and social activities around Deere Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Deere's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Deere's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Deere's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Deere.
Deere Implied Volatility | 34.14 |
Deere's implied volatility exposes the market's sentiment of Deere Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Deere's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Deere stock will not fluctuate a lot when Deere's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Deere in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Deere's short interest history, or implied volatility extrapolated from Deere options trading.
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 against Deere Stock
0.47 | IDEX | Ideanomics | PairCorr |
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.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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Deere Stock analysis
When running Deere's price analysis, check to measure Deere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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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 34.33 | 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.