Deere Gross Profit vs Ebit Analysis

DE Stock

USD 437.54 32.58 8.05%

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 Gross Profit and its Ebit 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.

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deere Company Gross Profit account and Ebit. At this time, the significance of the direction appears to have totally related.

The correlation between Deere's Gross Profit and Ebit is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit 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 Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Deere Company are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Deere's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Deere Company minus its cost of goods sold. It is profit before Deere operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebit

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

Interest Expense Depreciation And Amortization

Deere fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.99	0.71	0.99	0.95	0.94	0.99	0.98	0.8	0.97	0.81	0.82	0.5	-0.72	0.95	0.96	-0.24	-0.95	0.99	0.93	0.88	0.98	-0.04	0.8	0.74	0.23
Short Long Term Debt Total	0.99		0.62	0.97	0.9	0.96	0.98	0.95	0.81	0.97	0.76	0.84	0.54	-0.72	0.97	0.93	-0.14	-0.94	0.99	0.95	0.89	0.96	0.06	0.78	0.75	0.22
Other Current Liab	0.71	0.62		0.79	0.81	0.49	0.72	0.8	0.42	0.59	0.65	0.44	-0.03	-0.42	0.48	0.74	-0.78	-0.67	0.66	0.46	0.39	0.78	-0.71	0.6	0.33	0.17
Total Current Liabilities	0.99	0.97	0.79		0.95	0.89	0.99	0.98	0.75	0.93	0.78	0.78	0.4	-0.67	0.9	0.96	-0.36	-0.93	0.98	0.88	0.81	1.0	-0.16	0.79	0.67	0.25
Total Stockholder Equity	0.95	0.9	0.81	0.95		0.82	0.93	0.97	0.72	0.91	0.91	0.74	0.38	-0.66	0.8	0.95	-0.43	-0.9	0.91	0.8	0.78	0.93	-0.2	0.85	0.68	0.2
Property Plant And Equipment Net	0.94	0.96	0.49	0.89	0.82		0.94	0.9	0.78	0.98	0.73	0.78	0.61	-0.81	0.97	0.85	0.03	-0.92	0.95	1.0	0.89	0.9	0.17	0.8	0.8	0.02
Net Debt	0.99	0.98	0.72	0.99	0.93	0.94		0.98	0.73	0.96	0.77	0.76	0.48	-0.72	0.94	0.95	-0.26	-0.94	0.99	0.93	0.85	0.98	-0.07	0.81	0.72	0.22
Retained Earnings	0.98	0.95	0.8	0.98	0.97	0.9	0.98		0.76	0.95	0.84	0.77	0.4	-0.75	0.88	0.94	-0.34	-0.95	0.96	0.88	0.8	0.98	-0.19	0.83	0.71	0.12
Cash	0.8	0.81	0.42	0.75	0.72	0.78	0.73	0.76		0.77	0.61	0.99	0.4	-0.64	0.81	0.66	0.04	-0.75	0.8	0.77	0.73	0.75	0.15	0.54	0.64	0.07
Non Current Assets Total	0.97	0.97	0.59	0.93	0.91	0.98	0.96	0.95	0.77		0.84	0.78	0.58	-0.8	0.95	0.93	-0.09	-0.95	0.97	0.97	0.9	0.92	0.08	0.86	0.81	0.07
Non Currrent Assets Other	0.81	0.76	0.65	0.78	0.91	0.73	0.77	0.84	0.61	0.84		0.6	0.5	-0.68	0.69	0.86	-0.27	-0.81	0.76	0.72	0.77	0.74	-0.1	0.81	0.71	0.0
Cash And Short Term Investments	0.82	0.84	0.44	0.78	0.74	0.78	0.76	0.77	0.99	0.78	0.6		0.42	-0.58	0.84	0.7	0.0	-0.75	0.83	0.77	0.76	0.78	0.17	0.52	0.63	0.22
Net Receivables	0.5	0.54	-0.03	0.4	0.38	0.61	0.48	0.4	0.4	0.58	0.5	0.42		-0.62	0.64	0.51	0.34	-0.57	0.53	0.63	0.8	0.37	0.49	0.33	0.84	0.2
Common Stock Shares Outstanding	-0.72	-0.72	-0.42	-0.67	-0.66	-0.81	-0.72	-0.75	-0.64	-0.8	-0.68	-0.58	-0.62		-0.72	-0.62	-0.04	0.85	-0.72	-0.81	-0.66	-0.69	0.04	-0.68	-0.9	0.28
Non Current Liabilities Total	0.95	0.97	0.48	0.9	0.8	0.97	0.94	0.88	0.81	0.95	0.69	0.84	0.64	-0.72		0.86	0.04	-0.9	0.97	0.97	0.93	0.89	0.21	0.7	0.77	0.2
Inventory	0.96	0.93	0.74	0.96	0.95	0.85	0.95	0.94	0.66	0.93	0.86	0.7	0.51	-0.62	0.86		-0.34	-0.89	0.94	0.84	0.86	0.93	-0.08	0.83	0.7	0.31
Other Current Assets	-0.24	-0.14	-0.78	-0.36	-0.43	0.03	-0.26	-0.34	0.04	-0.09	-0.27	0.0	0.34	-0.04	0.04	-0.34		0.19	-0.18	0.06	0.06	-0.35	0.81	-0.2	0.09	-0.3
Other Stockholder Equity	-0.95	-0.94	-0.67	-0.93	-0.9	-0.92	-0.94	-0.95	-0.75	-0.95	-0.81	-0.75	-0.57	0.85	-0.9	-0.89	0.19		-0.94	-0.91	-0.84	-0.93	0.1	-0.78	-0.82	-0.06
Total Liab	0.99	0.99	0.66	0.98	0.91	0.95	0.99	0.96	0.8	0.97	0.76	0.83	0.53	-0.72	0.97	0.94	-0.18	-0.94		0.94	0.89	0.97	0.02	0.77	0.74	0.24
Property Plant And Equipment Gross	0.93	0.95	0.46	0.88	0.8	1.0	0.93	0.88	0.77	0.97	0.72	0.77	0.63	-0.81	0.97	0.84	0.06	-0.91	0.94		0.9	0.88	0.2	0.79	0.81	0.01
Total Current Assets	0.88	0.89	0.39	0.81	0.78	0.89	0.85	0.8	0.73	0.9	0.77	0.76	0.8	-0.66	0.93	0.86	0.06	-0.84	0.89	0.9		0.78	0.3	0.64	0.8	0.26
Short Term Debt	0.98	0.96	0.78	1.0	0.93	0.9	0.98	0.98	0.75	0.92	0.74	0.78	0.37	-0.69	0.89	0.93	-0.35	-0.93	0.97	0.88	0.78		-0.17	0.77	0.66	0.22
Accounts Payable	-0.04	0.06	-0.71	-0.16	-0.2	0.17	-0.07	-0.19	0.15	0.08	-0.1	0.17	0.49	0.04	0.21	-0.08	0.81	0.1	0.02	0.2	0.3	-0.17		-0.06	0.17	0.12
Intangible Assets	0.8	0.78	0.6	0.79	0.85	0.8	0.81	0.83	0.54	0.86	0.81	0.52	0.33	-0.68	0.7	0.83	-0.2	-0.78	0.77	0.79	0.64	0.77	-0.06		0.67	-0.09
Common Stock Total Equity	0.74	0.75	0.33	0.67	0.68	0.8	0.72	0.71	0.64	0.81	0.71	0.63	0.84	-0.9	0.77	0.7	0.09	-0.82	0.74	0.81	0.8	0.66	0.17	0.67		0.04
Short Term Investments	0.23	0.22	0.17	0.25	0.2	0.02	0.22	0.12	0.07	0.07	0.0	0.22	0.2	0.28	0.2	0.31	-0.3	-0.06	0.24	0.01	0.26	0.22	0.12	-0.09	0.04

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Deere Account Relationship Matchups

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	14.2B	16.3B	17.2B
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	4.2B	4.8B	5.1B
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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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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)

Dividend Share

5.76

Earnings Share

29.32

Revenue Per Share

200.394

Quarterly Revenue Growth

(0.17)

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 Gross Profit vs Ebit Analysis

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

Correlation Coefficient

Gross Profit

Ebit

Deere fundamental ratios Correlations

Deere Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Deere fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.95	Non Current Assets Total
Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.95	Total Assets
Total Liab	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Net Debt
Other Stockholder Equity	- 0.94	Short Long Term Debt Total