Desktop Metal Balance Sheet Health
Financial Health criteria checks 2/6
Desktop Metal has a total shareholder equity of $99.8M and total debt of $113.2M, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are $306.5M and $206.7M respectively.
Key information
113.4%
Debt to equity ratio
US$113.18m
Debt
| Interest coverage ratio | n/a |
| Cash | US$46.03m |
| Equity | US$99.84m |
| Total liabilities | US$206.65m |
| Total assets | US$306.49m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8440's short term assets ($169.9M) exceed its short term liabilities ($65.5M).
Long Term Liabilities: 8440's short term assets ($169.9M) exceed its long term liabilities ($141.2M).
Debt to Equity History and Analysis
Debt Level: 8440's net debt to equity ratio (67.3%) is considered high.
Reducing Debt: 8440's debt to equity ratio has increased from 7.9% to 113.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8440 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 8440 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.5% each year