Desktop Historical Income Statement
| DM Stock | USD 0.80 0.01 1.27% |
Historical analysis of Desktop Metal income statement accounts such as Depreciation And Amortization of 30.7 M can show how well Desktop Metal performed in making a profits. Evaluating Desktop Metal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Desktop Metal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Desktop Metal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Desktop Metal is a good buy for the upcoming year.
Desktop |
About Desktop Income Statement Analysis
Desktop Metal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Desktop Metal shareholders. The income statement also shows Desktop investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Desktop Metal Income Statement Chart
Desktop Metal Income Statement is one of the three primary financial statements used for reporting Desktop's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Desktop Metal revenue and expense. Desktop Metal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Desktop Metal's Interest Expense is very stable compared to the past year. As of the 2nd of May 2024, Selling And Marketing Expenses is likely to grow to about 41.4 M, while Operating Income is likely to drop (165.1 M). Add Fundamental
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Desktop Metal. It is also known as Desktop Metal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Desktop Metal's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 tightly coupled 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.At this time, Desktop Metal's Interest Expense is very stable compared to the past year. As of the 2nd of May 2024, Selling And Marketing Expenses is likely to grow to about 41.4 M, while Operating Income is likely to drop (165.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 24.9M | 50.8M | 53.6M | 30.7M | Interest Income | 12.0M | 10.1M | 944K | 896.8K |
Desktop Metal income statement Correlations
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Desktop Metal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Desktop Metal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 34.6M | 16.5M | 112.4M | 209.0M | 189.7M | 103.1M | |
| Operating Income | (837K) | (92.1M) | (175.9M) | (233.0M) | (157.3M) | (165.1M) | |
| Ebit | (837K) | (92.1M) | (175.9M) | (233.0M) | (157.3M) | (165.1M) | |
| Income Before Tax | (535K) | (91.4M) | (270.0M) | (741.8M) | (326.4M) | (342.7M) | |
| Net Income Applicable To Common Shares | (103.6M) | (90.4M) | (240.3M) | (740.3M) | (666.3M) | (633.0M) | |
| Net Income | (557K) | (90.4M) | (240.3M) | (740.3M) | (323.3M) | (339.4M) |
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
| 0.84 | CMTL | Comtech Telecommunicatio Financial Report 13th of June 2024 | PairCorr |
| 0.78 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
| 0.77 | ADTN | ADTRAN Inc Earnings Call This Week | PairCorr |
| 0.77 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.7 | CRSR | Corsair GamingInc Financial Report 8th 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 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 tightly coupled 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.