Desktop Metal (DM) Current Ratio

Price: $2.23
Market Cap: $74.35M
Avg Volume: 276.61K
Country: US
Industry: Computer Hardware
Sector: Technology
Beta: 0.697
52W Range: $1.835-11.8
Website: Desktop Metal

Desktop Metal Current Ratio

  • Annual: 3.08
  • Quarterly: 2.34
  • TTM: 2.34

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Desktop Metal's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 1.90
    • Quarterly: 1.02
    • TTM: 1.02
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 1.20
    • Quarterly: 0.50
    • TTM: 0.50

These metrics provide insights into Desktop Metal's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

3.08

Quarterly Current Ratio

2.34

TTM Current Ratio

2.34

Desktop Metal Historical Current Ratio
25.0025.0020.0020.0015.0015.0010.0010.005.005.000.000.00Current Ratio201920192020202020212021202220222023202320242024
Historical Quick Ratio
20.0020.0015.0015.0010.0010.005.005.000.000.00Quick Ratio201920192020202020212021202220222023202320242024
Historical Cash Ratio
16.0016.0012.0012.008.008.004.004.000.000.00Cash Ratio201920192020202020212021202220222023202320242024

Desktop Metal Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 3.08 1.90 1.20
2022 4.03 2.93 0.91
2021 3.92 3.28 0.64
2020 20.09 19.77 15.85
2019 4.01 2.85 1.94
2018 4.58 4.41 0.01

Related Metrics

Explore detailed financial metrics and analysis for DM.