Deere Net Tangible Assets vs Retained Earnings 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 Net Tangible Assets and its Retained Earnings 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 Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deere Company Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Deere's Net Tangible Assets and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings 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 Tangible Assets and Retained Earnings 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 Tangible Assets of Deere Company are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Deere's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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 Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Deere fundamental ratios Correlations

Deere Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Deere fundamental ratios Accounts

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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