Discontinued — last reported Q4 '24
Small Agriculture And Turf — Interest Expense
Deere & Company Small Agriculture And Turf — Interest Expense remained flat by 0.0% to $53.75M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $59.00M to $53.75M. Over 3 years (FY 2021 to FY 2024), Small Agriculture And Turf — Interest Expense shows an upward trend with a 35.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher debt levels or rising interest rates, while a decrease indicates deleveraging or lower borrowing costs.
Detailed definition
This represents the cost of debt incurred by the segment to fund its operations, inventory, and financing activities. It...
Peer comparison
Standard 'Interest Expense' reported by all capital-intensive manufacturing and equipment finance companies.
de_segment_small_agriculture_and_turf_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $87.00M | $105.00M | $236.00M | $215.00M |
| YoY Change | — | +20.7% | +124.8% | -8.9% |
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Frequently Asked Questions
- What is Deere & Company's small agriculture and turf — interest expense?
- Deere & Company (DE) reported small agriculture and turf — interest expense of $53.75M in Q3 2024.
- How has Deere & Company's small agriculture and turf — interest expense changed year-over-year?
- Deere & Company's small agriculture and turf — interest expense decreased by 8.9% year-over-year, from $59.00M to $53.75M.
- What is the long-term trend for Deere & Company's small agriculture and turf — interest expense?
- Over 3 years (2021 to 2024), Deere & Company's small agriculture and turf — interest expense has grown at a 35.2% compound annual growth rate (CAGR), from $87.00M to $215.00M.
- What does small agriculture and turf — interest expense mean?
- The total cost of interest paid by the segment on its debt and financing obligations.