Deere Asset Turnover from 2010 to 2024

DE Stock

USD 445.51 7.97 1.82%

Deere's Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Asset Turnover is expected to go to 0.70 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Deere Company uses its assets to generate sales. View All Fundamentals

Asset Turnover

First Reported

2010-12-31

Previous Quarter

0.5116033

Current Value

0.7

Quarterly Volatility

0.07412934

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Yuan Drop

Covid

Check Deere financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Deere's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 B, Interest Expense of 3 B or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0088 or PTB Ratio of 6.37. Deere financial statements analysis is a perfect complement when working with Deere Valuation or Volatility modules.

Check out the analysis of Deere Correlation against competitors.

Latest Deere's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Deere Company over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Deere's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Deere's overall financial position and show how it may be relating to other accounts over time.

Asset Turnover

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Asset Turnover

Timeline

Deere Asset Turnover Regression Statistics

	Arithmetic Mean	0.51
	Geometric Mean	0.50
	Coefficient Of Variation	14.63
	Mean Deviation	0.06
	Median	0.46
	Standard Deviation	0.07
	Sample Variance	0.01
	Range	0.2376
	R-Value	0.75
	Mean Square Error	0
	R-Squared	0.56
	Significance	0
	Slope	0.01
	Total Sum of Squares	0.08

Deere Asset Turnover History

	2024	0.7
	2023	0.51
	2020	0.59

Other Fundumenentals of Deere Company

Fixed Asset Turnover

Deere Asset Turnover component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Short Term Investments	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.99	0.98	0.5	0.99	0.88	0.98	-0.04	0.8	0.23	0.76	0.65	-0.8	0.47	0.45	0.84	0.91	0.57	0.56	-0.62	0.87	0.28	0.79	0.75	0.82
Total Stockholder Equity	0.95		0.93	0.97	0.38	0.91	0.78	0.93	-0.2	0.85	0.2	0.7	0.59	-0.72	0.55	0.33	0.92	0.98	0.6	0.63	-0.8	0.88	0.29	0.88	0.85	0.91
Net Debt	0.99	0.93		0.98	0.48	0.99	0.85	0.98	-0.07	0.81	0.22	0.74	0.64	-0.79	0.42	0.44	0.84	0.88	0.54	0.55	-0.58	0.86	0.18	0.79	0.73	0.81
Retained Earnings	0.98	0.97	0.98		0.4	0.96	0.8	0.98	-0.19	0.83	0.12	0.73	0.58	-0.78	0.48	0.38	0.89	0.94	0.53	0.58	-0.71	0.92	0.27	0.86	0.82	0.89
Net Receivables	0.5	0.38	0.48	0.4		0.53	0.8	0.37	0.49	0.33	0.2	0.82	0.74	-0.78	0.5	0.74	0.33	0.31	0.55	0.55	-0.05	0.27	0.14	0.31	0.27	0.25
Total Liab	0.99	0.91	0.99	0.96	0.53		0.89	0.97	0.02	0.77	0.24	0.76	0.66	-0.81	0.43	0.48	0.8	0.86	0.55	0.53	-0.54	0.84	0.27	0.74	0.7	0.78
Total Current Assets	0.88	0.78	0.85	0.8	0.8	0.89		0.78	0.3	0.64	0.26	0.8	0.72	-0.88	0.5	0.63	0.67	0.72	0.61	0.59	-0.39	0.65	0.33	0.54	0.51	0.57
Short Term Debt	0.98	0.93	0.98	0.98	0.37	0.97	0.78		-0.17	0.77	0.22	0.68	0.58	-0.72	0.39	0.34	0.81	0.91	0.49	0.46	-0.63	0.87	0.21	0.81	0.76	0.83
Accounts Payable	-0.04	-0.2	-0.07	-0.19	0.49	0.02	0.3	-0.17		-0.06	0.12	0.14	0.25	-0.22	0.28	0.65	-0.17	-0.29	0.22	0.19	0.51	-0.23	0.25	-0.42	-0.43	-0.39
Intangible Assets	0.8	0.85	0.81	0.83	0.33	0.77	0.64	0.77	-0.06		-0.09	0.69	0.59	-0.69	0.51	0.5	0.98	0.73	0.64	0.87	-0.57	0.88	0.17	0.76	0.65	0.77
Short Term Investments	0.23	0.2	0.22	0.12	0.2	0.24	0.26	0.22	0.12	-0.09		0.05	0.28	0.11	-0.05	-0.2	-0.03	0.27	0.17	-0.2	-0.06	-0.14	-0.19	0.15	0.2	0.16
Common Stock	0.76	0.7	0.74	0.73	0.82	0.76	0.8	0.68	0.14	0.69	0.05		0.83	-0.89	0.63	0.74	0.69	0.62	0.67	0.75	-0.4	0.69	0.27	0.74	0.69	0.68
Long Term Debt	0.65	0.59	0.64	0.58	0.74	0.66	0.72	0.58	0.25	0.59	0.28	0.83		-0.68	0.46	0.61	0.57	0.52	0.92	0.64	-0.21	0.44	0.23	0.58	0.53	0.53
Treasury Stock	-0.8	-0.72	-0.79	-0.78	-0.78	-0.81	-0.88	-0.72	-0.22	-0.69	0.11	-0.89	-0.68		-0.62	-0.78	-0.69	-0.63	-0.56	-0.7	0.4	-0.72	-0.33	-0.58	-0.54	-0.55
Property Plant Equipment	0.47	0.55	0.42	0.48	0.5	0.43	0.5	0.39	0.28	0.51	-0.05	0.63	0.46	-0.62		0.67	0.52	0.52	0.51	0.66	-0.53	0.45	0.42	0.53	0.55	0.51
Current Deferred Revenue	0.45	0.33	0.44	0.38	0.74	0.48	0.63	0.34	0.65	0.5	-0.2	0.74	0.61	-0.78	0.67		0.41	0.21	0.53	0.69	0.06	0.42	0.38	0.22	0.17	0.2
Good Will	0.84	0.92	0.84	0.89	0.33	0.8	0.67	0.81	-0.17	0.98	-0.03	0.69	0.57	-0.69	0.52	0.41		0.83	0.63	0.83	-0.7	0.91	0.2	0.83	0.75	0.85
Net Tangible Assets	0.91	0.98	0.88	0.94	0.31	0.86	0.72	0.91	-0.29	0.73	0.27	0.62	0.52	-0.63	0.52	0.21	0.83		0.53	0.49	-0.85	0.82	0.31	0.87	0.87	0.91
Long Term Debt Total	0.57	0.6	0.54	0.53	0.55	0.55	0.61	0.49	0.22	0.64	0.17	0.67	0.92	-0.56	0.51	0.53	0.63	0.53		0.7	-0.3	0.42	0.34	0.54	0.5	0.53
Deferred Long Term Liab	0.56	0.63	0.55	0.58	0.55	0.53	0.59	0.46	0.19	0.87	-0.2	0.75	0.64	-0.7	0.66	0.69	0.83	0.49	0.7		-0.4	0.67	0.21	0.59	0.49	0.56
Long Term Investments	-0.62	-0.8	-0.58	-0.71	-0.05	-0.54	-0.39	-0.63	0.51	-0.57	-0.06	-0.4	-0.21	0.4	-0.53	0.06	-0.7	-0.85	-0.3	-0.4		-0.67	-0.22	-0.81	-0.84	-0.81
Short Long Term Debt	0.87	0.88	0.86	0.92	0.27	0.84	0.65	0.87	-0.23	0.88	-0.14	0.69	0.44	-0.72	0.45	0.42	0.91	0.82	0.42	0.67	-0.67		0.34	0.81	0.74	0.82
Cash And Equivalents	0.28	0.29	0.18	0.27	0.14	0.27	0.33	0.21	0.25	0.17	-0.19	0.27	0.23	-0.33	0.42	0.38	0.2	0.31	0.34	0.21	-0.22	0.34		0.14	0.23	0.23
Net Invested Capital	0.79	0.88	0.79	0.86	0.31	0.74	0.54	0.81	-0.42	0.76	0.15	0.74	0.58	-0.58	0.53	0.22	0.83	0.87	0.54	0.59	-0.81	0.81	0.14		0.97	0.97
Net Working Capital	0.75	0.85	0.73	0.82	0.27	0.7	0.51	0.76	-0.43	0.65	0.2	0.69	0.53	-0.54	0.55	0.17	0.75	0.87	0.5	0.49	-0.84	0.74	0.23	0.97		0.96
Capital Stock	0.82	0.91	0.81	0.89	0.25	0.78	0.57	0.83	-0.39	0.77	0.16	0.68	0.53	-0.55	0.51	0.2	0.85	0.91	0.53	0.56	-0.81	0.82	0.23	0.97	0.96

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About Deere Financial Statements

Deere stakeholders use historical fundamental indicators, such as Deere's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Deere investors may analyze each financial statement separately, they are all interrelated. For example, changes in Deere's assets and liabilities are reflected in the revenues and expenses on Deere's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Deere Company. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Fixed Asset Turnover	3.36	5.90
Asset Turnover	0.51	0.70

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Check out the analysis of Deere Correlation against competitors.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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

25.64

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.

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Deere Asset Turnover from 2010 to 2024

Latest Deere's Asset Turnover Growth Pattern

Deere Asset Turnover Regression Statistics

Deere Asset Turnover History

Other Fundumenentals of Deere Company

Deere Asset Turnover component correlations

About Deere Financial Statements

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