Deere Operating Income 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 Operating Income 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.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deere Company Operating Income account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Deere's Operating Income and Ebit is 0.99. Overlapping area represents the amount of variation of Operating Income 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 Operating Income 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 Operating Income 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 Operating Income i.e., Deere's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Deere Company operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Deere Company is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

Deere fundamental ratios Correlations

0.990.710.990.950.940.990.980.80.970.810.820.5-0.720.950.96-0.24-0.950.990.930.880.98-0.040.80.740.23
0.990.620.970.90.960.980.950.810.970.760.840.54-0.720.970.93-0.14-0.940.990.950.890.960.060.780.750.22
0.710.620.790.810.490.720.80.420.590.650.44-0.03-0.420.480.74-0.78-0.670.660.460.390.78-0.710.60.330.17
0.990.970.790.950.890.990.980.750.930.780.780.4-0.670.90.96-0.36-0.930.980.880.811.0-0.160.790.670.25
0.950.90.810.950.820.930.970.720.910.910.740.38-0.660.80.95-0.43-0.90.910.80.780.93-0.20.850.680.2
0.940.960.490.890.820.940.90.780.980.730.780.61-0.810.970.850.03-0.920.951.00.890.90.170.80.80.02
0.990.980.720.990.930.940.980.730.960.770.760.48-0.720.940.95-0.26-0.940.990.930.850.98-0.070.810.720.22
0.980.950.80.980.970.90.980.760.950.840.770.4-0.750.880.94-0.34-0.950.960.880.80.98-0.190.830.710.12
0.80.810.420.750.720.780.730.760.770.610.990.4-0.640.810.660.04-0.750.80.770.730.750.150.540.640.07
0.970.970.590.930.910.980.960.950.770.840.780.58-0.80.950.93-0.09-0.950.970.970.90.920.080.860.810.07
0.810.760.650.780.910.730.770.840.610.840.60.5-0.680.690.86-0.27-0.810.760.720.770.74-0.10.810.710.0
0.820.840.440.780.740.780.760.770.990.780.60.42-0.580.840.70.0-0.750.830.770.760.780.170.520.630.22
0.50.54-0.030.40.380.610.480.40.40.580.50.42-0.620.640.510.34-0.570.530.630.80.370.490.330.840.2
-0.72-0.72-0.42-0.67-0.66-0.81-0.72-0.75-0.64-0.8-0.68-0.58-0.62-0.72-0.62-0.040.85-0.72-0.81-0.66-0.690.04-0.68-0.90.28
0.950.970.480.90.80.970.940.880.810.950.690.840.64-0.720.860.04-0.90.970.970.930.890.210.70.770.2
0.960.930.740.960.950.850.950.940.660.930.860.70.51-0.620.86-0.34-0.890.940.840.860.93-0.080.830.70.31
-0.24-0.14-0.78-0.36-0.430.03-0.26-0.340.04-0.09-0.270.00.34-0.040.04-0.340.19-0.180.060.06-0.350.81-0.20.09-0.3
-0.95-0.94-0.67-0.93-0.9-0.92-0.94-0.95-0.75-0.95-0.81-0.75-0.570.85-0.9-0.890.19-0.94-0.91-0.84-0.930.1-0.78-0.82-0.06
0.990.990.660.980.910.950.990.960.80.970.760.830.53-0.720.970.94-0.18-0.940.940.890.970.020.770.740.24
0.930.950.460.880.81.00.930.880.770.970.720.770.63-0.810.970.840.06-0.910.940.90.880.20.790.810.01
0.880.890.390.810.780.890.850.80.730.90.770.760.8-0.660.930.860.06-0.840.890.90.780.30.640.80.26
0.980.960.781.00.930.90.980.980.750.920.740.780.37-0.690.890.93-0.35-0.930.970.880.78-0.170.770.660.22
-0.040.06-0.71-0.16-0.20.17-0.07-0.190.150.08-0.10.170.490.040.21-0.080.810.10.020.20.3-0.17-0.060.170.12
0.80.780.60.790.850.80.810.830.540.860.810.520.33-0.680.70.83-0.2-0.780.770.790.640.77-0.060.67-0.09
0.740.750.330.670.680.80.720.710.640.810.710.630.84-0.90.770.70.09-0.820.740.810.80.660.170.670.04
0.230.220.170.250.20.020.220.120.070.070.00.220.20.280.20.31-0.3-0.060.240.010.260.220.12-0.090.04
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Deere Account Relationship Matchups

Deere fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets75.1B84.1B90.0B104.1B119.7B125.7B
Short Long Term Debt Total50.7B53.0B51.9B63.7B73.2B76.9B
Other Current Liab(1.5B)(1.7B)8.7B9.7B11.2B11.7B
Total Current Liabilities23.5B27.9B33.1B41.1B47.2B49.6B
Total Stockholder Equity12.9B18.4B20.3B21.8B25.1B26.3B
Property Plant And Equipment Net13.1B12.8B12.7B14.2B16.3B17.2B
Net Debt38.9B40.4B47.1B56.2B64.7B67.9B
Retained Earnings31.6B36.4B42.2B50.9B58.6B61.5B
Cash7.1B8.0B4.8B7.5B8.6B9.0B
Non Current Assets Total22.5B24.2B24.6B25.8B29.7B31.2B
Non Currrent Assets Other3.3B5.6B6.0B4.2B4.8B5.1B
Cash And Short Term Investments7.7B8.7B5.5B8.4B9.7B10.1B
Net Receivables39.9B44.4B49.0B35.4B40.7B21.8B
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 Assets37.9B42.3B1.2B996M1.1B1.1B
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 Assets52.6B60.0B65.5B51.9B59.7B62.7B
Accumulated Other Comprehensive Income(5.5B)(2.5B)(3.1B)(3.1B)(2.8B)(2.9B)
Short Term Debt13.3B15.5B18.3B25.0B28.8B30.2B
Accounts Payable10.1B12.2B3.9B3.6B4.2B5.5B
Intangible Assets1.3B1.3B1.2B1.6B1.8B1.9B
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 Assets3.4B31.2B7.1B26.3B30.3B31.8B
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

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.