Desktop Metal Balance Sheet Health
Financial Health criteria checks 2/6
Desktop Metal has a total shareholder equity of $72.3M and total debt of $113.3M, which brings its debt-to-equity ratio to 156.6%. Its total assets and total liabilities are $273.7M and $201.3M respectively.
Key information
156.6%
Debt to equity ratio
US$113.29m
Debt
| Interest coverage ratio | n/a |
| Cash | US$30.62m |
| Equity | US$72.35m |
| Total liabilities | US$201.35m |
| Total assets | US$273.69m |
Recent financial health updates
Recent updates
Nano Dimension: Revenue To Jump With Desktop Metal And Markforged Acquisitions
Oct 03Desktop 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 10Financial Position Analysis
Short Term Liabilities: DM's short term assets ($143.4M) exceed its short term liabilities ($61.2M).
Long Term Liabilities: DM's short term assets ($143.4M) exceed its long term liabilities ($140.2M).
Debt to Equity History and Analysis
Debt Level: DM's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: DM's debt to equity ratio has increased from 7% to 156.6% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.7% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 08:31 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Desktop Metal, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Sullivan | Benchmark Company |
| Troy Jensen | Cantor Fitzgerald & Co. |
| Gregory Palm | Craig-Hallum Capital Group LLC |