Desktop Metal Inc
Desktop Metal, Inc. manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and to… Read more
Desktop Metal Inc (DM) - Total Assets
Latest total assets as of September 2024: $273.69 Million USD
Based on the latest financial reports, Desktop Metal Inc (DM) holds total assets worth $273.69 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Desktop Metal Inc - Total Assets Trend (2018–2023)
This chart illustrates how Desktop Metal Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Desktop Metal Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Desktop Metal Inc's total assets of $273.69 Million consist of 47.2% current assets and 52.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.3% |
| Accounts Receivable | $37.69 Million | 8.2% |
| Inventory | $82.64 Million | 18.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $171.67 Million | 37.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Desktop Metal Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Desktop Metal Inc's current assets represent 47.2% of total assets in 2023, a decrease from 32467.0% in 2018.
- Cash Position: Cash and equivalents constituted 18.3% of total assets in 2023, down from 36.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, a decrease from 241.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 37.5% of total assets.
Desktop Metal Inc Competitors by Total Assets
Key competitors of Desktop Metal Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
Desktop Metal Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Desktop Metal Inc generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Desktop Metal Inc is currently not profitable relative to its asset base.
Desktop Metal Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.34 | 3.09 | 8.03 |
| Quick Ratio | 1.02 | 1.91 | 7.62 |
| Cash Ratio | 0.00 | 1.18 | 0.00 |
| Working Capital | $82.25 Million | $ 190.39 Million | $ 145.09 Million |
Desktop Metal Inc - Advanced Valuation Insights
This section examines the relationship between Desktop Metal Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.29 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -39.3% |
| Total Assets | $458.00 Million |
| Market Capitalization | $106.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Desktop Metal Inc's assets below their book value (0.23 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Desktop Metal Inc's assets decreased by 39.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Desktop Metal Inc (2018–2023)
The table below shows the annual total assets of Desktop Metal Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $458.00 Million | -39.29% |
| 2022-12-31 | $754.35 Million | -45.60% |
| 2021-12-31 | $1.39 Billion | +116.01% |
| 2020-12-31 | $641.91 Million | +1843.24% |
| 2019-12-31 | $33.03 Million | +10042.84% |
| 2018-12-31 | $325.68K | -- |