Desktop Total Stockholder Equity vs Cash And Equivalents Analysis
DM Stock | USD 0.57 0.01 1.79% |
Desktop Metal financial indicator trend analysis is much more than just examining Desktop Metal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Desktop Metal is a good investment. Please check the relationship between Desktop Metal Total Stockholder Equity and its Cash And Equivalents accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.
Total Stockholder Equity vs Cash And Equivalents
Total Stockholder Equity vs Cash And Equivalents Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desktop Metal Total Stockholder Equity account and Cash And Equivalents. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Desktop Metal's Total Stockholder Equity and Cash And Equivalents is -0.65. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Desktop Metal, assuming nothing else is changed. The correlation between historical values of Desktop Metal's Total Stockholder Equity 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 Total Stockholder Equity of Desktop Metal 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 Total Stockholder Equity i.e., Desktop Metal's Total Stockholder Equity and Cash And Equivalents go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash And Equivalents
Most indicators from Desktop Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Desktop Metal 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 Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.At this time, Desktop Metal's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of May 2024, Enterprise Value is likely to grow to about 953.7 M, while Tax Provision is likely to drop (599.5 K).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 24.9M | 50.8M | 53.6M | 30.7M | Interest Income | 12.0M | 10.1M | 944K | 896.8K |
Desktop Metal fundamental ratios Correlations
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Desktop Metal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Desktop Metal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.0M | 641.9M | 1.4B | 754.3M | 498.6M | 607.7M | |
Other Current Liab | 1.5M | 7.6M | 33.8M | 26.7M | 32.4M | 19.9M | |
Total Current Liabilities | 7.7M | 30.5M | 102.1M | 83.4M | 70.1M | 58.1M | |
Total Stockholder Equity | 25.4M | 609.3M | 1.2B | 527.5M | 241.7M | 229.6M | |
Net Tangible Assets | 153.4M | 597.6M | 347.1M | 194.7M | 223.9M | 243.6M | |
Retained Earnings | 28.5M | (384.7M) | (568.6M) | (1.3B) | (1.6B) | (1.6B) | |
Accounts Payable | 2.5M | 7.6M | 29.6M | 25.1M | 18.2M | 17.9M | |
Cash | 14.9M | 483.5M | 65.0M | 76.3M | 84.1M | 132.7M | |
Other Assets | 2.9M | 5.5M | 46.9M | 4.7M | 5.4M | 5.2M | |
Cash And Short Term Investments | 14.9M | 595.4M | 269.6M | 184.5M | 84.7M | 80.5M | |
Net Receivables | 3.3M | 6.5M | 46.7M | 38.5M | 37.7M | 24.9M | |
Common Stock Shares Outstanding | 150.0M | 157.9M | 260.8M | 314.8M | 322.2M | 226.8M | |
Liabilities And Stockholders Equity | 33.0M | 641.9M | 1.4B | 754.3M | 498.6M | 607.7M | |
Capital Surpluse | 2.3M | 993.9M | 1.8B | 1.9B | 2.2B | 2.3B | |
Inventory | 8.9M | 9.7M | 65.4M | 91.7M | 82.6M | 48.1M | |
Other Current Assets | 716K | 26K | 16.2M | 17.2M | 11.1M | 8.8M | |
Other Stockholder Equity | (288.8M) | 993.9M | 1.8B | 1.9B | 1.9B | 1.2B | |
Total Liab | 7.7M | 32.7M | 138.2M | 226.8M | 257.0M | 269.8M | |
Total Current Assets | 30.7M | 612.6M | 400.0M | 336.4M | 216.1M | 312.0M | |
Short Term Debt | 600K | 10.9M | 6.4M | 6.3M | 7.7M | 5.9M | |
Common Stock | 289.3M | 23K | 31K | 32K | 33K | 31.4K | |
Property Plant Equipment | 18.4M | 12.2M | 58.7M | 56.3M | 64.7M | 36.7M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desktop Metal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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When running Desktop Metal's price analysis, check to measure Desktop Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal's industry 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 0.583 | Quarterly Revenue Growth (0.02) | Return On Assets (0.16) | Return On Equity (0.95) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's 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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's 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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's 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.