Deere Net Receivables vs Common Stock Total Equity Analysis
DE Stock | USD 461.04 1.65 0.36% |
Deere financial indicator trend analysis is much more than just examining Deere Company latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deere Company is a good investment. Please check the relationship between Deere Net Receivables and its Common Stock Total Equity accounts. 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 closely tied with the direction of predictive economic indicators such as signals in income.
Net Receivables vs Common Stock Total Equity
Net Receivables vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deere Company Net Receivables account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Deere's Net Receivables and Common Stock Total Equity is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Deere Company, assuming nothing else is changed. The correlation between historical values of Deere's Net Receivables and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Deere Company are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., Deere's Net Receivables and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 closely tied 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 is expected to grow to about 23.5 B, whereas Issuance Of Capital Stock is forecasted to decline to about 53.9 M.
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
High Positive Relationship
High Negative Relationship
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 | 50.7B | 53.0B | 51.9B | 63.7B | 73.2B | 76.9B | |
Other Current Liab | (1.5B) | (1.7B) | 8.7B | 9.7B | 11.2B | 11.7B | |
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 | 14.1B | 16.2B | 17.0B | |
Net Debt | 38.9B | 40.4B | 47.1B | 56.2B | 64.7B | 67.9B | |
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 | 25.8B | 29.7B | 31.2B | |
Non Currrent Assets Other | 3.3B | 5.6B | 6.0B | 4.3B | 5.0B | 5.2B | |
Cash And Short Term Investments | 7.7B | 8.7B | 5.5B | 8.4B | 9.7B | 10.1B | |
Net Receivables | 39.9B | 44.4B | 49.0B | 35.4B | 40.7B | 21.8B | |
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 | 1.2B | 996M | 1.1B | 1.1B | |
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 | 51.9B | 59.7B | 62.7B | |
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 | 25.0B | 28.8B | 30.2B | |
Accounts Payable | 10.1B | 12.2B | 3.9B | 3.6B | 4.2B | 5.5B | |
Intangible Assets | 1.3B | 1.3B | 1.2B | 1.6B | 1.8B | 1.9B | |
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 | 26.3B | 30.3B | 31.8B | |
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 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Agricultural & Farm Machinery space 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 (0.38) | Earnings Share 25.63 | Revenue Per Share 200.394 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0786 |
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.