Deere Inventory vs Common Stock Total Equity Analysis

DE Stock  USD 368.35  3.37  0.92%   
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 Inventory 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Inventory vs Common Stock Total Equity

Inventory 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 Inventory account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Deere's Inventory and Common Stock Total Equity is 0.7. Overlapping area represents the amount of variation of Inventory 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 Inventory 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 Inventory 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 Inventory i.e., Deere's Inventory and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

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 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 Expense1.1B2.5B2.8B3.0B
Depreciation And Amortization1.9B2.0B2.3B2.4B

Deere fundamental ratios Correlations

1.00.720.990.950.930.990.980.80.970.420.820.99-0.720.950.960.73-0.950.990.931.00.98-0.050.690.740.23
1.00.710.990.930.941.00.980.80.970.380.820.99-0.730.950.940.76-0.951.00.940.990.98-0.050.680.730.2
0.720.710.80.820.470.730.810.440.620.180.450.77-0.440.490.750.42-0.690.670.470.750.79-0.70.430.340.17
0.990.990.80.950.880.990.980.750.940.350.781.0-0.670.90.960.72-0.930.980.880.991.0-0.170.650.670.25
0.950.930.820.950.80.930.970.720.910.520.740.94-0.660.80.950.61-0.90.910.80.950.93-0.210.730.680.2
0.930.940.470.880.80.930.880.770.970.460.770.89-0.810.970.840.74-0.910.941.00.90.880.190.740.810.01
0.991.00.730.990.930.930.980.730.970.380.760.99-0.720.940.950.74-0.950.990.930.990.98-0.080.690.720.22
0.980.980.810.980.970.880.980.760.960.420.770.98-0.750.880.940.72-0.950.960.880.980.98-0.20.710.710.12
0.80.80.440.750.720.770.730.760.780.320.990.75-0.640.810.660.74-0.750.80.770.790.750.140.450.640.07
0.970.970.620.940.910.970.970.960.780.520.780.95-0.80.950.930.73-0.950.970.970.950.930.060.80.80.07
0.420.380.180.350.520.460.380.420.320.520.30.36-0.540.40.52-0.03-0.490.380.460.380.280.190.630.67-0.12
0.820.820.450.780.740.770.760.770.990.780.30.79-0.580.840.70.73-0.750.830.770.830.780.160.420.630.22
0.990.990.771.00.940.890.990.980.750.950.360.79-0.680.920.950.72-0.940.990.891.00.99-0.120.640.690.27
-0.72-0.73-0.44-0.67-0.66-0.81-0.72-0.75-0.64-0.8-0.54-0.58-0.68-0.72-0.62-0.580.85-0.72-0.81-0.68-0.690.05-0.65-0.90.28
0.950.950.490.90.80.970.940.880.810.950.40.840.92-0.720.860.76-0.90.970.970.930.890.20.630.770.2
0.960.940.750.960.950.840.950.940.660.930.520.70.95-0.620.860.59-0.890.940.840.950.93-0.090.740.70.31
0.730.760.420.720.610.740.740.720.740.73-0.030.730.72-0.580.760.59-0.690.760.740.730.750.080.490.48-0.01
-0.95-0.95-0.69-0.93-0.9-0.91-0.95-0.95-0.75-0.95-0.49-0.75-0.940.85-0.9-0.89-0.69-0.94-0.91-0.93-0.930.11-0.69-0.82-0.06
0.991.00.670.980.910.940.990.960.80.970.380.830.99-0.720.970.940.76-0.940.940.990.970.010.660.740.24
0.930.940.470.880.81.00.930.880.770.970.460.770.89-0.810.970.840.74-0.910.940.90.880.190.740.810.01
1.00.990.750.990.950.90.990.980.790.950.380.831.0-0.680.930.950.73-0.930.990.90.98-0.080.650.710.28
0.980.980.791.00.930.880.980.980.750.930.280.780.99-0.690.890.930.75-0.930.970.880.98-0.180.620.660.22
-0.05-0.05-0.7-0.17-0.210.19-0.08-0.20.140.060.190.16-0.120.050.2-0.090.080.110.010.19-0.08-0.180.080.160.11
0.690.680.430.650.730.740.690.710.450.80.630.420.64-0.650.630.740.49-0.690.660.740.650.620.080.68-0.17
0.740.730.340.670.680.810.720.710.640.80.670.630.69-0.90.770.70.48-0.820.740.810.710.660.160.680.04
0.230.20.170.250.20.010.220.120.070.07-0.120.220.270.280.20.31-0.01-0.060.240.010.280.220.11-0.170.04
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 Assets37.9B42.3B1.1B56.5B64.9B68.2B
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

Also Currently Popular

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.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Transaction History
View history of all your transactions and understand their impact on performance
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Stocks Directory
Find actively traded stocks across global markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
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
(0.12)
Dividend Share
5.54
Earnings Share
32.68
Revenue Per Share
206.898
Quarterly Revenue Growth
(0.12)
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.