DDD Long Term Investments vs Cash And Equivalents Analysis

DDD Stock  USD 4.39  0.23  5.53%   
3D Systems financial indicator trend analysis is way more than just evaluating 3D Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3D Systems is a good investment. Please check the relationship between 3D Systems Long Term Investments and its Cash And Equivalents accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.

Long Term Investments vs Cash And Equivalents

Long Term Investments vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3D Systems Long Term Investments account and Cash And Equivalents. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 3D Systems' Long Term Investments and Cash And Equivalents is -0.32. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of 3D Systems, assuming nothing else is changed. The correlation between historical values of 3D Systems' Long Term Investments and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of 3D Systems are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Long Term Investments i.e., 3D Systems' Long Term Investments and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of 3D Systems balance sheet that represents investments 3D Systems intends to hold for over a year. 3D Systems long term investments may include different instruments such as stocks, bonds, real estate and cash.

Cash And Equivalents

Most indicators from 3D Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3D Systems 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 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.At present, 3D Systems' Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit263.8M214.2M200.2M127.9M
Total Revenue615.6M538.0M488.1M281.6M

3D Systems fundamental ratios Correlations

0.50.420.620.830.51-0.37-0.210.770.830.130.790.570.710.570.590.590.720.680.40.910.220.760.510.350.09
0.50.080.1-0.020.450.36-0.480.770.00.350.83-0.280.270.990.440.750.460.950.250.770.660.08-0.330.190.16
0.420.080.930.320.64-0.13-0.570.180.370.370.170.70.710.150.540.530.670.350.620.40.250.670.010.630.42
0.620.10.930.570.69-0.24-0.520.270.610.320.280.820.890.180.640.560.770.390.680.530.240.880.210.640.38
0.83-0.020.320.570.17-0.690.20.450.97-0.190.450.760.60.050.270.140.420.170.160.57-0.20.790.80.13-0.09
0.510.450.640.690.170.24-0.890.30.250.740.30.390.670.510.930.860.930.670.950.560.690.55-0.10.820.59
-0.370.36-0.13-0.24-0.690.24-0.48-0.31-0.540.35-0.19-0.55-0.170.330.230.230.030.260.31-0.20.54-0.4-0.580.180.35
-0.21-0.48-0.57-0.520.2-0.89-0.48-0.160.12-0.76-0.18-0.14-0.5-0.52-0.84-0.82-0.8-0.63-0.84-0.39-0.71-0.270.41-0.84-0.61
0.770.770.180.270.450.3-0.31-0.160.370.110.970.090.40.790.290.60.450.790.040.920.310.360.060.07-0.07
0.830.00.370.610.970.25-0.540.120.37-0.140.390.760.660.070.340.180.460.20.280.54-0.110.820.80.190.0
0.130.350.370.32-0.190.740.35-0.760.11-0.140.070.060.320.370.650.710.60.450.680.260.660.11-0.340.580.85
0.790.830.170.280.450.3-0.19-0.180.970.390.070.060.420.850.330.620.460.840.070.940.350.370.050.09-0.05
0.57-0.280.70.820.760.39-0.55-0.140.090.760.060.060.74-0.190.450.160.560.020.460.33-0.240.830.670.50.12
0.710.270.710.890.60.67-0.17-0.50.40.660.320.420.740.350.690.580.780.520.660.640.260.870.290.620.34
0.570.990.150.180.050.510.33-0.520.790.070.370.85-0.190.350.510.780.540.970.310.810.660.16-0.270.270.19
0.590.440.540.640.270.930.23-0.840.290.340.650.330.450.690.510.820.950.660.920.60.530.60.080.840.5
0.590.750.530.560.140.860.23-0.820.60.180.710.620.160.580.780.820.850.880.70.760.720.46-0.260.640.56
0.720.460.670.770.420.930.03-0.80.450.460.60.460.560.780.540.950.850.710.870.730.530.690.130.850.49
0.680.950.350.390.170.670.26-0.630.790.20.450.840.020.520.970.660.880.710.480.880.680.34-0.20.430.29
0.40.250.620.680.160.950.31-0.840.040.280.680.070.460.660.310.920.70.870.480.370.60.55-0.010.840.61
0.910.770.40.530.570.56-0.2-0.390.920.540.260.940.330.640.810.60.760.730.880.370.40.590.170.370.13
0.220.660.250.24-0.20.690.54-0.710.31-0.110.660.35-0.240.260.660.530.720.530.680.60.40.03-0.530.390.61
0.760.080.670.880.790.55-0.4-0.270.360.820.110.370.830.870.160.60.460.690.340.550.590.030.470.420.14
0.51-0.330.010.210.8-0.1-0.580.410.060.8-0.340.050.670.29-0.270.08-0.260.13-0.2-0.010.17-0.530.470.06-0.26
0.350.190.630.640.130.820.18-0.840.070.190.580.090.50.620.270.840.640.850.430.840.370.390.420.060.53
0.090.160.420.38-0.090.590.35-0.61-0.070.00.85-0.050.120.340.190.50.560.490.290.610.130.610.14-0.260.53
Click cells to compare fundamentals

3D Systems Account Relationship Matchups

3D Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets807.3M733.1M1.5B1.4B980.2M1.0B
Short Long Term Debt Total92.7M79.3M502.6M501.2M386.1M405.4M
Other Current Liab63.1M80.9M77.0M55.6M54.8M31.3M
Total Current Liabilities163.0M175.7M178.0M152.8M145.0M76.5M
Total Stockholder Equity522.2M430.7M842.4M749.9M418.5M303.0M
Property Plant And Equipment Net129.8M124.0M103.6M101.7M135.0M141.8M
Net Debt(41.0M)4.3M(287.0M)113.1M54.4M57.2M
Retained Earnings(793.7M)(943.3M)(621.3M)(744.0M)(1.1B)(1.1B)
Cash133.7M75.0M789.7M388.1M331.6M348.2M
Non Current Assets Total434.1M375.5M517.4M613.3M357.4M226.3M
Non Currrent Assets Other18.1M61.7M22.3M11.6M46.8M49.1M
Cash And Short Term Investments133.7M75.0M789.7M568.7M331.6M348.2M
Net Receivables109.4M114.3M106.5M93.9M102.1M61.5M
Common Stock Shares Outstanding113.8M117.6M122.9M127.8M129.9M69.6M
Liabilities And Stockholders Equity807.3M733.1M1.5B1.4B980.2M1.0B
Non Current Liabilities Total130.5M126.6M528.7M543.0M414.7M435.4M
Inventory111.1M116.7M92.9M137.8M152.4M160.0M
Other Current Assets19.0M33.1M42.7M33.8M36.6M38.4M
Other Stockholder Equity1.4B1.4B1.5B1.5B1.6B1.7B
Total Liab293.4M302.3M706.7M695.8M559.7M587.7M
Property Plant And Equipment Gross129.8M124.0M57.3M101.7M117.0M122.8M
Total Current Assets373.2M357.5M1.0B834.2M622.7M653.9M
Accumulated Other Comprehensive Income(37.0M)(8.5M)(37.7M)(53.8M)(44.6M)(42.4M)
Short Term Debt12.1M11.6M8.3M10.1M9.9M10.4M
Accounts Payable49.9M45.2M57.4M53.8M49.8M27.7M
Intangible Assets48.3M28.1M45.8M90.2M62.7M55.3M
Other Liab49.8M58.9M34.4M51.8M59.6M62.6M
Other Assets24.5M110.3M22.3M36.0M41.4M43.5M
Long Term Debt45.2M19.2M446.9M449.5M516.9M542.8M
Common Stock Total Equity117K120K128K131K150.7K158.2K
Treasury Stock(8.2M)(15.6M)(18.8M)(22.6M)(20.3M)(19.3M)
Common Stock117K120K128K131K134K74.1K
Property Plant Equipment92.9M75.4M103.6M101.7M117.0M122.8M
Current Deferred Revenue37.9M38.1M35.3M33.4M30.4M26.6M
Good Will223.2M161.8M345.6M385.3M107.2M183.0M
Net Tangible Assets250.6M402.6M451.0M276.2M317.6M342.6M
Retained Earnings Total Equity(793.7M)(943.3M)(621.3M)(744.0M)(669.6M)(703.0M)
Long Term Debt Total45.2M29.4M446.9M449.5M516.9M542.8M

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Additional Information and Resources on Investing in DDD Stock

When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3D Systems' future performance. For an informed investment choice regarding DDD Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Industrial Machinery & Supplies & Components 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 3D Systems. If investors know DDD 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 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.85)
Revenue Per Share
3.756
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.05)
Return On Equity
(0.63)
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' 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 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' 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 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' 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.