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Desktop Metal (Desktop Metal) Gross-Profit-to-Asset % : -12.15% (As of Dec. 2023)


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What is Desktop Metal Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Desktop Metal's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-67.0 Mil. Desktop Metal's average Total Assets over the quarter that ended in Dec. 2023 was $551.1 Mil. Therefore, Desktop Metal's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -12.15%.


Desktop Metal Gross-Profit-to-Asset % Historical Data

The historical data trend for Desktop Metal's Gross-Profit-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.

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Desktop Metal Gross-Profit-to-Asset % Chart

Desktop Metal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
-12.64 -3.61 1.80 1.41 -1.66

Desktop Metal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 -0.74 3.50 1.16 -12.15

Competitive Comparison of Desktop Metal's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, Desktop Metal's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Desktop Metal's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Desktop Metal's Gross-Profit-to-Asset % falls into.



Desktop Metal Gross-Profit-to-Asset % Calculation

Desktop Metal's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-10.09/( (754.347+458.001)/ 2 )
=-10.09/606.174
=-1.66 %

Desktop Metal's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-66.956/( (644.264+458.001)/ 2 )
=-66.956/551.1325
=-12.15 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Desktop Metal Gross-Profit-to-Asset % Related Terms

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Desktop Metal (Desktop Metal) Business Description

Traded in Other Exchanges
Address
63 3rd Avenue, Burlington, MA, USA, 01803
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).
Executives
Farhad Fred Ebrahimi 10 percent owner 191 UNIVERSITY BLVD., #246, DENVER CO 80206
Scott J Dussault director C/O DESKTOP METAL, INC., 63 THIRD AVE, BURLINGTON MA 01803
Jason M Cole officer: CFO & TREASURER C/O DESKTOP METAL, INC., 63 3RD AVENUE, BURLINGTON MA 01803
Ric Fulop director, officer: Chief Executive Officer C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Thomas Nogueira officer: CHIEF OPERATING OFFICER C/O DESKTOP METAL, INC., 63 3RD AVENUE, BURLINGTON MA 01803
Hindery Leo J. Jr. director, other: See remarks. C/O HMG, INC., C/O CINE LATINO, INC., 2000 PONCE DE LEON BLVD, SUITE 500, CORAL GABLES FL 33134
Michael M. Jafar officer: CEO, Desktop Health 17901 VON KARMAN AVENUE, SUITE 150, IRVINE CA 92614
James S Eisenstein director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Jeffrey R Immelt director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Siblani Ali El director, officer: CEO of EnvisionTec US, LLC 63 THIRD AVENUE, BURLINGTON MA 01803
James Haley officer: CFO & Treasurer 63 THIRD AVENUE, BURLINGTON MA 01803
Arjun Aggarwal officer: Chief Product Officer C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803
Forest Baskett 10 percent owner
Bilal Zuberi director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803