Desktop Net Income vs Net Borrowings Analysis

DM Stock

USD 2.85 0.25 8.06%

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 Net Income and its Net Borrowings 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 closely tied 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.

Net Income vs Net Borrowings

Net Income vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desktop Metal Net Income account and Net Borrowings. At this time, the significance of the direction appears to have pay attention.

The correlation between Desktop Metal's Net Income and Net Borrowings is -0.78. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Borrowings 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 Net Income and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Desktop Metal are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Net Income i.e., Desktop Metal's Net Income and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Desktop Metal financial statement analysis. It represents the amount of money remaining after all of Desktop Metal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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 closely tied 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.As of the 21st of December 2024, Tax Provision is likely to drop to about (599.5 K). In addition to that, Selling General Administrative is likely to drop to about 56.7 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	26.0M	50.8M	53.6M	30.7M
Interest Income	12.0M	10.1M	944K	896.8K

Depreciation And Amortization Interest Income

Desktop Metal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total
Total Assets		0.91	0.91	0.97	0.81	-0.58	0.68	0.48	0.84	0.69	0.88	-0.19	0.84	0.77	0.83	0.88	0.74	0.81	0.86	-0.15	0.72	0.51	0.83	0.86	-0.18	0.93
Other Current Liab	0.91		1.0	0.83	0.59	-0.73	0.86	0.17	0.77	0.39	0.99	-0.25	0.88	0.92	0.96	0.94	0.89	0.57	0.83	-0.26	0.93	0.66	0.95	0.87	0.2	0.94
Total Current Liabilities	0.91	1.0		0.83	0.59	-0.74	0.86	0.2	0.74	0.41	0.98	-0.3	0.88	0.92	0.96	0.95	0.9	0.6	0.84	-0.3	0.92	0.68	0.95	0.87	0.18	0.93
Total Stockholder Equity	0.97	0.83	0.83		0.77	-0.37	0.64	0.49	0.9	0.74	0.78	-0.2	0.68	0.64	0.74	0.78	0.61	0.8	0.76	-0.13	0.61	0.29	0.71	0.87	-0.31	0.89
Net Tangible Assets	0.81	0.59	0.59	0.77		-0.53	0.15	0.82	0.51	0.87	0.62	0.07	0.76	0.59	0.47	0.72	0.61	0.87	0.86	0.16	0.44	0.5	0.65	0.48	-0.5	0.57
Retained Earnings	-0.58	-0.73	-0.74	-0.37	-0.53		-0.5	-0.27	-0.18	-0.24	-0.79	0.21	-0.92	-0.87	-0.71	-0.85	-0.9	-0.46	-0.82	0.25	-0.8	-0.98	-0.88	-0.37	-0.28	-0.53
Accounts Payable	0.68	0.86	0.86	0.64	0.15	-0.5		-0.15	0.68	0.1	0.78	-0.52	0.59	0.69	0.87	0.7	0.64	0.32	0.49	-0.55	0.78	0.42	0.7	0.81	0.37	0.83
Cash	0.48	0.17	0.2	0.49	0.82	-0.27	-0.15		0.14	0.93	0.18	-0.2	0.43	0.18	0.04	0.4	0.23	0.88	0.61	-0.09	-0.02	0.23	0.25	0.09	-0.84	0.13
Other Assets	0.84	0.77	0.74	0.9	0.51	-0.18	0.68	0.14		0.43	0.7	-0.09	0.5	0.49	0.66	0.59	0.43	0.49	0.51	-0.05	0.57	0.09	0.59	0.82	-0.07	0.91
Cash And Short Term Investments	0.69	0.39	0.41	0.74	0.87	-0.24	0.1	0.93	0.43		0.37	-0.24	0.49	0.32	0.28	0.54	0.35	0.95	0.69	-0.11	0.16	0.18	0.38	0.41	-0.81	0.38
Net Receivables	0.88	0.99	0.98	0.78	0.62	-0.79	0.78	0.18	0.7	0.37		-0.15	0.91	0.96	0.95	0.96	0.94	0.55	0.87	-0.16	0.96	0.74	0.98	0.82	0.23	0.9
Common Stock Shares Outstanding	-0.19	-0.25	-0.3	-0.2	0.07	0.21	-0.52	-0.2	-0.09	-0.24	-0.15		-0.17	-0.1	-0.2	-0.28	-0.12	-0.37	-0.21	0.99	-0.15	-0.09	-0.16	-0.14	0.18	-0.14
Capital Surpluse	0.84	0.88	0.88	0.68	0.76	-0.92	0.59	0.43	0.5	0.49	0.91	-0.17		0.91	0.81	0.95	0.92	0.68	0.94	-0.18	0.83	0.88	0.96	0.6	0.08	0.76
Inventory	0.77	0.92	0.92	0.64	0.59	-0.87	0.69	0.18	0.49	0.32	0.96	-0.1	0.91		0.92	0.95	1.0	0.49	0.87	-0.12	0.96	0.85	0.98	0.73	0.29	0.76
Other Current Assets	0.83	0.96	0.96	0.74	0.47	-0.71	0.87	0.04	0.66	0.28	0.95	-0.2	0.81	0.92		0.89	0.88	0.47	0.73	-0.22	0.91	0.67	0.9	0.91	0.32	0.89
Other Stockholder Equity	0.88	0.94	0.95	0.78	0.72	-0.85	0.7	0.4	0.59	0.54	0.96	-0.28	0.95	0.95	0.89		0.96	0.7	0.96	-0.27	0.9	0.79	0.98	0.74	0.04	0.8
Total Liab	0.74	0.89	0.9	0.61	0.61	-0.9	0.64	0.23	0.43	0.35	0.94	-0.12	0.92	1.0	0.88	0.96		0.51	0.89	-0.14	0.94	0.88	0.97	0.67	0.24	0.71
Total Current Assets	0.81	0.57	0.6	0.8	0.87	-0.46	0.32	0.88	0.49	0.95	0.55	-0.37	0.68	0.49	0.47	0.7	0.51		0.81	-0.28	0.34	0.39	0.56	0.51	-0.64	0.54
Short Term Debt	0.86	0.83	0.84	0.76	0.86	-0.82	0.49	0.61	0.51	0.69	0.87	-0.21	0.94	0.87	0.73	0.96	0.89	0.81		-0.17	0.78	0.77	0.91	0.6	-0.18	0.69
Common Stock	-0.15	-0.26	-0.3	-0.13	0.16	0.25	-0.55	-0.09	-0.05	-0.11	-0.16	0.99	-0.18	-0.12	-0.22	-0.27	-0.14	-0.28	-0.17		-0.18	-0.15	-0.17	-0.12	0.04	-0.14
Property Plant Equipment	0.72	0.93	0.92	0.61	0.44	-0.8	0.78	-0.02	0.57	0.16	0.96	-0.15	0.83	0.96	0.91	0.9	0.94	0.34	0.78	-0.18		0.75	0.96	0.73	0.41	0.79
Short Long Term Debt Total	0.51	0.66	0.68	0.29	0.5	-0.98	0.42	0.23	0.09	0.18	0.74	-0.09	0.88	0.85	0.67	0.79	0.88	0.39	0.77	-0.15	0.75		0.83	0.33	0.33	0.46
Property Plant And Equipment Net	0.83	0.95	0.95	0.71	0.65	-0.88	0.7	0.25	0.59	0.38	0.98	-0.16	0.96	0.98	0.9	0.98	0.97	0.56	0.91	-0.17	0.96	0.83		0.72	0.21	0.82
Current Deferred Revenue	0.86	0.87	0.87	0.87	0.48	-0.37	0.81	0.09	0.82	0.41	0.82	-0.14	0.6	0.73	0.91	0.74	0.67	0.51	0.6	-0.12	0.73	0.33	0.72		0.09	0.91
Net Debt	-0.18	0.2	0.18	-0.31	-0.5	-0.28	0.37	-0.84	-0.07	-0.81	0.23	0.18	0.08	0.29	0.32	0.04	0.24	-0.64	-0.18	0.04	0.41	0.33	0.21	0.09		0.14
Non Current Assets Total	0.93	0.94	0.93	0.89	0.57	-0.53	0.83	0.13	0.91	0.38	0.9	-0.14	0.76	0.76	0.89	0.8	0.71	0.54	0.69	-0.14	0.79	0.46	0.82	0.91	0.14

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Desktop Metal Account Relationship Matchups

Desktop Metal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.0M	641.9M	1.4B	754.3M	458.0M	600.3M
Other Current Liab	1.5M	9.1M	46.0M	33.7M	30.1M	23.3M
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	31.6M	25.1M	18.2M	18.2M
Cash	14.9M	483.5M	65.0M	76.3M	83.8M	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	84.5M	80.2M
Net Receivables	3.3M	6.5M	46.7M	38.5M	37.7M	24.9M
Common Stock Shares Outstanding	150.0M	15.8M	26.1M	31.5M	32.2M	38.2M
Liabilities And Stockholders Equity	33.0M	641.9M	1.4B	754.3M	458.0M	600.3M
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	976K	20.3M	21.7M	11.3M	10.6M
Other Stockholder Equity	(288.8M)	844.2M	1.8B	1.9B	1.9B	1.1B
Total Liab	7.7M	32.7M	138.2M	226.8M	216.3M	114.1M
Total Current Assets	30.7M	612.6M	400.0M	336.4M	216.1M	312.0M
Short Term Debt	600K	11.7M	11.9M	12.0M	15.1M	9.5M
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 closely tied 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Is Electronic Equipment, Instruments & 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 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

(11.15)

Revenue Per Share

5.117

Quarterly Revenue Growth

(0.15)

Return On Assets

(0.24)

Return On Equity

(1.53)

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.

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Desktop Net Income vs Net Borrowings Analysis

Net Income vs Net Borrowings

Net Income vs Net Borrowings Correlation Analysis

Correlation Coefficient

Net Income

Net Borrowings

Desktop Metal fundamental ratios Correlations

Desktop Metal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Desktop Metal fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Inventory
Net Receivables	+ 0.99	Other Current Liab
Common Stock	+ 0.99	Common Stock Shares Outstanding
Net Receivables	+ 0.98	Total Current Liabilities
Property Plant And Equipment Net	+ 0.98	Net Receivables

Short Long Term Debt Total	- 0.98	Retained Earnings
Capital Surpluse	- 0.92	Retained Earnings
Total Liab	- 0.9	Retained Earnings
Property Plant And Equipment Net	- 0.88	Retained Earnings
Inventory	- 0.87	Retained Earnings
Other Stockholder Equity	- 0.85	Retained Earnings