Deere Balance Sheet Health
Financial Health criteria checks 4/6
Deere has a total shareholder equity of $22.9B and total debt of $65.7B, which brings its debt-to-equity ratio to 286.4%. Its total assets and total liabilities are $107.3B and $84.4B respectively. Deere's EBIT is $9.4B making its interest coverage ratio 241.3. It has cash and short-term investments of $6.0B.
Key information
286.4%
Debt to equity ratio
US$65.65b
Debt
| Interest coverage ratio | 241.3x |
| Cash | US$6.00b |
| Equity | US$22.93b |
| Total liabilities | US$84.40b |
| Total assets | US$107.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DE's short term assets ($80.2B) exceed its short term liabilities ($38.2B).
Long Term Liabilities: DE's short term assets ($80.2B) exceed its long term liabilities ($46.2B).
Debt to Equity History and Analysis
Debt Level: DE's net debt to equity ratio (260.2%) is considered high.
Reducing Debt: DE's debt to equity ratio has reduced from 395.4% to 286.4% over the past 5 years.
Debt Coverage: DE's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: DE's interest payments on its debt are well covered by EBIT (241.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 16:38 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Deere & Company is covered by 60 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Igor Maryasis | Aegis Capital Corporation |
| John Eade | Argus Research Company |
| Igor Maryasis | Avondale Partners |