Deere's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $23,526 Mil. Deere's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $39,933 Mil. Deere's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $22,075 Mil.
Deere's debt to equity for the quarter that ended in Jan. 2024 was 2.87.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Deere's Debt-to-Equity or its related term are showing as below:
DE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.55 Med: 3.76 Max: 5.5
Current: 2.88
During the past 13 years, the highest Debt-to-Equity Ratio of Deere was 5.50. The lowest was 2.55. And the median was 3.76.
Deere Debt-to-Equity Historical Data
The historical data trend for Deere's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Deere Annual Data
|
|
Trend |
Oct14 |
Oct15 |
Oct16 |
Oct17 |
Oct18 |
Oct19 |
Oct20 |
Oct21 |
Oct22 |
Oct23 |
| Debt-to-Equity |
|
|
|
|
|
|
3.97 |
3.58 |
2.64 |
2.58 |
2.92 |
|
Deere Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.55 |
2.61 |
2.70 |
2.92 |
2.88 |
Competitive Comparison
For the Farm & Heavy Construction Machinery subindustry, Deere's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deere Debt-to-Equity Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Deere's Debt-to-Equity falls into.
Deere Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Deere's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as
Deere's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Deere (DE) Business Description
Traded in Other Exchanges
Address
One John Deere Place, Moline, IL, USA, 61265
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Executives
| Deanna M Kovar |
officer: Pres Ag & Turf, Sml Ag & Turf |
ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Ryan D Campbell |
officer: Senior Vice President & CFO |
ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Laurence Neil Hunn |
director |
100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022 |
| Reed Cory J |
officer: Pres., John Deere Financial |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| May John C Ii |
officer: President, Ag Solutions & CIO |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Pentz Markwart Von |
officer: Pres.Ag Div.Europe,Africa,SA |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Tami A. Erwin |
director |
1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Jahmy J Hindman |
officer: Sr VP & Chief Technology Offcr |
ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Marc A Howze |
officer: Sr. VP & Chief Admin Offcr |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Justin Ryan Rose |
officer: Pres, L.C. Sol, Cus Sup & S.M. |
ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Joshua A Jepsen |
officer: Senior V.P. & CFO |
ONE JOHN DEERE PLACE, MOLINE IL 61265 |
| Felecia J. Pryor |
officer: Snr V.P. & Chief People Offcr |
3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326 |
| John H Stone |
officer: Pres., WW Const & For & Pow Sy |
C/O SCHLAGE LOCK COMPANY LLC, 11819 N. PENNSYLVANIA STREET, CARMEL IN 46032 |
| Leanne G Caret |
director |
1000 WILSON BLVD, ARLINGTON VA 22209 |
| Rajesh Kalathur |
officer: Sr. VP and CFO |
DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265 |
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