GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Momentus Inc (NAS:MNTS) » Definitions » Long-Term Capital Lease Obligation

MNTS (Momentus) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Momentus Long-Term Capital Lease Obligation?

Momentus's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.

Momentus's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($3.83 Mil) to Dec. 2024 ($0.33 Mil) and declined from Dec. 2024 ($0.33 Mil) to Mar. 2025 ($0.00 Mil).

Momentus's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($6.13 Mil) to Dec. 2023 ($4.86 Mil) and declined from Dec. 2023 ($4.86 Mil) to Dec. 2024 ($0.33 Mil).


Momentus Long-Term Capital Lease Obligation Historical Data

The historical data trend for Momentus's Long-Term Capital Lease Obligation 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.

Momentus Long-Term Capital Lease Obligation Chart

Momentus Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
0.07 7.28 6.13 4.86 0.33

Momentus Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only 4.52 4.18 3.83 0.33 -

Momentus  (NAS:MNTS) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Momentus Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Momentus's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Momentus Business Description

Industry
Traded in Other Exchanges
N/A
Address
3901 North First Street, San Jose, CA, USA, 95134
Momentus Inc offers in-space infrastructure services by building transfer and service vehicles that carry satellites and hosted payloads between orbits in space. It is a provider of three critical functions, in the new space economy: Space Transportation, Satellite as a Service, and In-Orbit Servicing.
Executives
Brian Kabot director, 10 percent owner, officer: Chief Executive Officer 1345 ABBOT KINNEY BLVD., VENICE CA 90291
Prime Movers Lab Fund I Lp 10 percent owner P.O. BOX 12829, JACKSON WY 83002
Victorino Mercado director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Eric R Williams officer: Chief Financial Officer 3901 N. FIRST STREET, SAN JOSE CA 95134
Dennis R. Mahoney officer: Interim CFO 3901 N. FIRST STREET, SAN JOSE CA 95134
Prime Movers Growth Fund I Lp 10 percent owner 6765 CRYSTAL SPRINGS ROAD, TETON VILLAGE WY 83025
Momentus Pml Spv 3 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Dakin Sloss 10 percent owner 126 E 56TH ST, 30TH FLOOR, NEW YORK NY 10022
Momentus Pml Spv 2 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON COUNTY WY 83025
Momentus Pml Spv 1 Lp 10 percent owner PO BOX 12829, JACKSON WY 83002
Robert E Schwarz officer: Chief Technology Officer C/O MOMENTUS INC., 3901 N. FIRST STREET, SAN JOSE CA 95134
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Kennedy Fred G Iii officer: President C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Dawn A. Harms officer: Chief Revenue Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
John C. Rood director, officer: Chief Executive Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054