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Desktop Metal (Desktop Metal) Debt-to-EBITDA

: -0.22 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Desktop Metal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.7 Mil. Desktop Metal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $136.2 Mil. Desktop Metal's annualized EBITDA for the quarter that ended in Dec. 2023 was $-652.1 Mil. Desktop Metal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.22.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Desktop Metal's Debt-to-EBITDA or its related term are showing as below:

DM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.54   Med: -0.2   Max: -0.09
Current: -0.54

During the past 5 years, the highest Debt-to-EBITDA Ratio of Desktop Metal was -0.09. The lowest was -0.54. And the median was -0.20.

DM's Debt-to-EBITDA is ranked worse than
100% of 1730 companies
in the Hardware industry
Industry Median: 1.75 vs DM: -0.54

Desktop Metal Debt-to-EBITDA Historical Data

The historical data trend for Desktop Metal's Debt-to-EBITDA 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.

* Premium members only.

Desktop Metal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.15 -0.50 -0.09 -0.20 -0.54

Desktop Metal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only -0.11 -0.88 -1.01 -1.13 -0.22

Competitive Comparison

For the Computer Hardware subindustry, Desktop Metal's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution

For the Hardware industry and Technology sector, Desktop Metal's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Desktop Metal's Debt-to-EBITDA falls into.



Desktop Metal Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Desktop Metal's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.734 + 136.22) / -268.645
=-0.54

Desktop Metal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.734 + 136.22) / -652.052
=-0.22

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Desktop Metal  (NYSE:DM) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Desktop Metal Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Desktop Metal's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Desktop Metal (Desktop Metal) Headlines

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