MNTS (Momentus) Total Assets : $14.11 Mil (As of Sep. 2024)

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What is Momentus Total Assets?

Momentus's Total Assets for the quarter that ended in Sep. 2024 was $14.11 Mil.

During the past 12 months, Momentus's average Total Assets Growth Rate was -43.90% per year. During the past 3 years, the average Total Assets Growth Rate was 11.60% per year.

During the past 4 years, Momentus's highest 3-Year average Total Assets Growth Rate was 11.60%. The lowest was 11.60%. And the median was 11.60%.

Total Assets is connected with ROA %. Momentus's annualized ROA % for the quarter that ended in Sep. 2024 was -213.20%. Total Assets is also linked to Revenue through Asset Turnover. Momentus's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Momentus Total Assets Historical Data

The historical data trend for Momentus's Total Assets 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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Momentus Total Assets Chart

Momentus Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

36.32

185.83

92.42

20.65

Momentus Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial												33.49	20.65	18.74	15.01	14.11

Momentus Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Momentus's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	3.187	+	17.462
	=	20.65

Momentus's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	-5.404	+	19.509
	=	14.11

Momentus (NAS:MNTS) Total Assets Explanation

Total Assets is connected with ROA %.

Momentus's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-31.032	/	( (15.006	+	14.105)	/ 2 )
	=	-31.032	/	14.5555
	=	-213.20 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Momentus's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.107	/	( (15.006	+	14.105)	/ 2 )
=	0.107	/	14.5555
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Momentus Total Assets Related Terms

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Momentus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Momentus Inc (NAS:MNTS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3901 North First Street, San Jose, CA, USA, 95134

Website

https://www.momentus.space

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