Desktop Metal Balance Sheet Health
Financial Health criteria checks 5/6
Desktop Metal has a total shareholder equity of $241.7M and total debt of $113.0M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are $458.0M and $216.3M respectively.
Key information
46.8%
Debt to equity ratio
US$112.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$84.47m |
| Equity | US$241.65m |
| Total liabilities | US$216.35m |
| Total assets | US$458.00m |
Recent financial health updates
Recent updates
Desktop Metal: Evidence Points Toward Further Deterioration
Mar 12Desktop Metal: It's Over
Nov 16Desktop Metal: Mounting Liquidity Concerns
Oct 25Desktop Metal: Teetering On The Edge
Sep 29Desktop Metal: Dead Money
Aug 04Desktop Metal: Scaling Additive Manufacturing
Jul 26Desktop Metal: High Ambitions Despite Macroeconomic Pressures
Jun 16A Look At The Intrinsic Value Of Desktop Metal, Inc. (NYSE:DM)
Mar 04
Desktop Metal: Single Attractive Price For ExOne And Other Acquisitions In Additive Manufacturing
Jan 24Newsflash: Desktop Metal, Inc. (NYSE:DM) Analysts Have Been Trimming Their Revenue Forecasts
Nov 16Desktop Metal: Getting Crushed
Nov 10Desktop Metal hires new finance chief
Oct 26FDA approves Desktop Metal unit's resin for orthodontic and dental applications
Oct 06Desktop Metal: The Recovery Isn't Over Yet
Sep 14Desktop Metal Could Have Exceptional Upside
Aug 21Desktop Metal stock gains on record Q2 revenue; reaffirms full year outlook
Aug 09Financial Position Analysis
Short Term Liabilities: DM's short term assets ($216.1M) exceed its short term liabilities ($70.1M).
Long Term Liabilities: DM's short term assets ($216.1M) exceed its long term liabilities ($146.2M).
Debt to Equity History and Analysis
Debt Level: DM's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: DM's debt to equity ratio has increased from 10.8% to 46.8% 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: DM has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DM is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.