Desktop Total Debt To Capitalization from 2010 to 2024
| DM Stock | USD 0.85 0.01 1.16% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.33252679 | Current Value 0.35 | Quarterly Volatility 0.11789945 |
Check Desktop Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Desktop main balance sheet or income statement drivers, such as Total Revenue of 103.1 M, Interest Income of 896.8 K or Depreciation And Amortization of 30.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0 or PTB Ratio of 0.95. Desktop financial statements analysis is a perfect complement when working with Desktop Metal Valuation or Volatility modules.
Desktop | Total Debt To Capitalization |
Latest Desktop Metal's Total Debt To Capitalization Growth Pattern
Below is the plot of the Total Debt To Capitalization of Desktop Metal over the last few years. It is Desktop Metal's Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Desktop Metal's overall financial position and show how it may be relating to other accounts over time.
| Total Debt To Capitalization | 10 Years Trend |
|
Total Debt To Capitalization |
| Timeline |
Desktop Total Debt To Capitalization Regression Statistics
| Arithmetic Mean | 0.29 | |
| Geometric Mean | 0.23 | |
| Coefficient Of Variation | 40.07 | |
| Mean Deviation | 0.09 | |
| Median | 0.35 | |
| Standard Deviation | 0.12 | |
| Sample Variance | 0.01 | |
| Range | 0.3342 | |
| R-Value | (0.42) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.18 | |
| Significance | 0.12 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.19 |
Desktop Total Debt To Capitalization History
About Desktop Metal Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Desktop Metal income statement, its balance sheet, and the statement of cash flows. Desktop Metal investors use historical funamental indicators, such as Desktop Metal's Total Debt To Capitalization, to determine how well the company is positioned to perform in the future. Although Desktop Metal investors may use each financial statement separately, they are all related. The changes in Desktop Metal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Desktop Metal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Desktop Metal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Desktop Metal. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Debt To Capitalization | 0.33 | 0.35 |
Pair Trading with Desktop Metal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Desktop Metal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Desktop Metal will appreciate offsetting losses from the drop in the long position's value.Moving against Desktop Stock
| 0.82 | CMTL | Comtech Telecommunicatio Buyout Trend | PairCorr |
| 0.76 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.72 | ADTN | ADTRAN Inc Financial Report 13th of May 2024 | PairCorr |
| 0.64 | TSAT | Telesat Corp | PairCorr |
| 0.6 | DZSI | DZS Inc Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Desktop Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desktop Metal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Desktop Metal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Desktop Metal to buy it.
The correlation of Desktop Metal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Desktop Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desktop Metal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Desktop Metal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Desktop Metal Correlation against competitors. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Desktop Stock analysis
When running Desktop Metal's price analysis, check to measure Desktop Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal's industry 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 (1.00) | Revenue Per Share 0.589 | Quarterly Revenue Growth (0.14) | Return On Assets (0.16) | Return On Equity (0.84) |
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.