Desktop Selling And Marketing Expenses vs Cost Of Revenue Analysis

DM Stock  USD 0.59  0  0.68%   
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 Selling And Marketing Expenses and its Cost Of Revenue 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 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.

Selling And Marketing Expenses vs Cost Of Revenue

Selling And Marketing Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desktop Metal Selling And Marketing Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Desktop Metal's Selling And Marketing Expenses and Cost Of Revenue is 0.91. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Cost Of Revenue 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 Selling And Marketing Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Desktop Metal are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Selling And Marketing Expenses i.e., Desktop Metal's Selling And Marketing Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling And Marketing Expenses

Cost Of Revenue

Cost of Revenue is found on Desktop Metal income statement and represents the costs associated with goods and services Desktop Metal provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 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 Sales General And Administrative To Revenue is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value is likely to grow to about 953.7 M, while Tax Provision is likely to drop (599.5 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization24.9M50.8M53.6M30.7M
Interest Income12.0M10.1M944K896.8K

Desktop Metal fundamental ratios Correlations

0.840.910.970.81-0.590.660.480.840.690.890.820.850.780.790.890.70.810.81-0.150.730.520.850.92-0.170.93
0.840.970.730.56-0.810.80.160.660.330.980.870.90.950.940.950.870.520.67-0.280.970.740.980.890.250.88
0.910.970.830.59-0.740.860.20.740.410.980.850.880.920.960.940.820.60.68-0.30.920.680.950.960.180.94
0.970.730.830.77-0.370.610.490.90.740.780.690.680.640.690.780.50.80.74-0.130.610.290.710.85-0.310.89
0.810.560.590.77-0.530.120.820.510.870.620.80.760.590.420.750.60.870.940.160.440.50.650.58-0.50.57
-0.59-0.81-0.74-0.37-0.53-0.52-0.27-0.18-0.24-0.79-0.84-0.92-0.87-0.73-0.85-0.98-0.46-0.690.25-0.8-0.98-0.88-0.64-0.28-0.55
0.660.80.860.610.12-0.52-0.160.630.080.770.470.580.690.880.680.560.30.28-0.580.780.440.70.820.390.8
0.480.160.20.490.82-0.27-0.160.140.930.180.390.430.18-0.010.440.250.880.83-0.09-0.020.230.250.15-0.840.13
0.840.660.740.90.51-0.180.630.140.430.70.50.50.490.630.580.340.490.43-0.050.570.090.590.79-0.070.9
0.690.330.410.740.87-0.240.080.930.430.370.50.490.320.210.580.270.950.86-0.110.160.180.380.39-0.810.38
0.890.980.980.780.62-0.790.770.180.70.370.910.910.960.950.950.870.550.69-0.160.960.740.980.940.230.91
0.820.870.850.690.8-0.840.470.390.50.50.910.940.940.810.930.910.610.820.090.850.830.950.810.070.74
0.850.90.880.680.76-0.920.580.430.50.490.910.940.910.810.950.960.680.84-0.180.830.880.960.820.080.78
0.780.950.920.640.59-0.870.690.180.490.320.960.940.910.930.940.920.490.69-0.120.960.850.980.860.290.78
0.790.940.960.690.42-0.730.88-0.010.630.210.950.810.810.930.870.810.410.51-0.240.940.70.910.940.390.88
0.890.950.940.780.75-0.850.680.440.580.580.950.930.950.940.870.880.730.86-0.270.880.780.970.86-0.010.81
0.70.870.820.50.6-0.980.560.250.340.270.870.910.960.920.810.880.490.7-0.140.850.970.930.760.290.68
0.810.520.60.80.87-0.460.30.880.490.950.550.610.680.490.410.730.490.92-0.280.340.390.560.57-0.640.54
0.810.670.680.740.94-0.690.280.830.430.860.690.820.840.690.510.860.70.92-0.160.550.630.750.6-0.460.56
-0.15-0.28-0.3-0.130.160.25-0.58-0.09-0.05-0.11-0.160.09-0.18-0.12-0.24-0.27-0.14-0.28-0.16-0.18-0.15-0.17-0.150.04-0.14
0.730.970.920.610.44-0.80.78-0.020.570.160.960.850.830.960.940.880.850.340.55-0.180.750.960.840.410.81
0.520.740.680.290.5-0.980.440.230.090.180.740.830.880.850.70.780.970.390.63-0.150.750.830.60.330.48
0.850.980.950.710.65-0.880.70.250.590.380.980.950.960.980.910.970.930.560.75-0.170.960.830.880.210.84
0.920.890.960.850.58-0.640.820.150.790.390.940.810.820.860.940.860.760.570.6-0.150.840.60.880.190.97
-0.170.250.18-0.31-0.5-0.280.39-0.84-0.07-0.810.230.070.080.290.39-0.010.29-0.64-0.460.040.410.330.210.190.15
0.930.880.940.890.57-0.550.80.130.90.380.910.740.780.780.880.810.680.540.56-0.140.810.480.840.970.15
Click cells to compare fundamentals

Desktop Metal Account Relationship Matchups

Desktop Metal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.0M641.9M1.4B754.3M498.6M607.7M
Other Current Liab1.5M7.6M33.8M26.7M32.4M19.9M
Total Current Liabilities7.7M30.5M102.1M83.4M70.1M58.1M
Total Stockholder Equity25.4M609.3M1.2B527.5M241.7M229.6M
Net Tangible Assets153.4M597.6M347.1M194.7M223.9M243.6M
Retained Earnings28.5M(384.7M)(568.6M)(1.3B)(1.6B)(1.6B)
Accounts Payable2.5M7.6M29.6M25.1M18.2M17.9M
Cash14.9M483.5M65.0M76.3M84.1M132.7M
Other Assets2.9M5.5M46.9M4.7M5.4M5.2M
Cash And Short Term Investments14.9M595.4M269.6M184.5M84.7M80.5M
Net Receivables3.3M6.5M46.7M38.5M37.7M24.9M
Common Stock Shares Outstanding150.0M157.9M260.8M314.8M322.2M226.8M
Liabilities And Stockholders Equity33.0M641.9M1.4B754.3M498.6M607.7M
Capital Surpluse2.3M993.9M1.8B1.9B2.2B2.3B
Inventory8.9M9.7M65.4M91.7M82.6M48.1M
Other Current Assets716K26K16.2M17.2M11.1M8.8M
Other Stockholder Equity(288.8M)993.9M1.8B1.9B1.9B1.2B
Total Liab7.7M32.7M138.2M226.8M257.0M269.8M
Total Current Assets30.7M612.6M400.0M336.4M216.1M312.0M
Short Term Debt600K10.9M6.4M6.3M7.7M5.9M
Common Stock289.3M23K31K32K33K31.4K
Property Plant Equipment18.4M12.2M58.7M56.3M64.7M36.7M

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When determining whether Desktop Metal is a strong investment it is important to analyze Desktop Metal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Desktop Metal's future performance. For an informed investment choice regarding Desktop Stock, refer to the following important reports:
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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
0.583
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.16)
Return On Equity
(0.95)
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.