Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Desktop Metal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $241.7 Mil. Desktop Metal's Total Assets for the quarter that ended in Dec. 2023 was $458.0 Mil.
Therefore, Desktop Metal's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.
The historical rank and industry rank for Desktop Metal's Equity-to-Asset or its related term are showing as below:
DM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.8 Max: 0.9
Current: 0.53
During the past 5 years, the highest Equity to Asset Ratio of Desktop Metal was 0.90. The lowest was 0.53. And the median was 0.80.
DM's Equity-to-Asset is ranked worse than 56.18% of 2485
companies
in the Hardware industry
Industry Median: 0.57
vs DM: 0.53
Desktop Metal Equity-to-Asset Historical Data
The historical data trend for Desktop Metal's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Computer Hardware subindustry, Desktop Metal's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Desktop Metal Equity-to-Asset Distribution
For the Hardware industry and Technology sector, Desktop Metal's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Desktop Metal's Equity-to-Asset falls into.
Desktop Metal Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Desktop Metal's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Desktop Metal (NYSE:DM) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Desktop Metal Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Desktop Metal's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Desktop Metal (Desktop Metal) Business Description
Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC).
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