GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (LTS:0R2P) » Definitions » Debt-to-Asset

Deere (LTS:0R2P) Debt-to-Asset : 0.61 (As of Oct. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Deere Debt-to-Asset?

Deere's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $21,964 Mil. Deere's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $43,229 Mil. Deere's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2024 was $107,320 Mil. Deere's debt to asset for the quarter that ended in Oct. 2024 was 0.61.

Deere Debt-to-Asset Historical Data

The historical data trend for Deere's Debt-to-Asset 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.

* Premium members only.

Deere Debt-to-Asset Chart

Deere Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.58 0.58 0.61 0.61

Deere Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.62 0.62 0.61 0.61

Competitive Comparison of Deere's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Deere's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Deere's Debt-to-Asset falls into.


Deere Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Deere's Debt-to-Asset for the fiscal year that ended in Oct. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(21964 + 43229) / 107320
=0.61

Deere's Debt-to-Asset for the quarter that ended in Oct. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(21964 + 43229) / 107320
=0.61

* 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  (LTS:0R2P) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Deere Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Deere's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Deere Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Deere & Co (LTS:0R2P) » Definitions » Debt-to-Asset
Comparable Companies
PCAR CAT CNH AGCO OSK TEX ALG REVG LNN BLBD OSTO:VOLV A XTER:DTG TSE:6301 TSE:6201 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 SZSE:000425 SZSE:000157
Traded in Other Exchanges
DE:USA DE:Mexico 1DE:Italy DCO0:Germany DCO:Germany DCO:Germany DCO:Germany DCO:Germany DEER:Canada DEEC34:Brazil DEER:Austria DE:Argentina
Address
One John Deere Place, Moline, IL, USA, 61265
Website
https://www.deere.com
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. 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.

Deere Headlines

No Headlines