Momentus Financials

MNTS Stock  USD 0.59  0.03  5.36%   
Based on the key indicators related to Momentus' liquidity, profitability, solvency, and operating efficiency, Momentus is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Momentus' Total Current Liabilities is comparatively stable compared to the past year. Other Liabilities is likely to gain to about 3.3 M in 2024, despite the fact that Retained Earnings are likely to grow to (354.4 M). Key indicators impacting Momentus' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.920.966
Sufficiently Down
Slightly volatile
The financial analysis of Momentus is a critical element in measuring its lifeblood. Investors should not minimize Momentus' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(72.37 Million)

  
Understanding current and past Momentus Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Momentus' financial statements are interrelated, with each one affecting the others. For example, an increase in Momentus' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Momentus' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Momentus. Check Momentus' Beneish M Score to see the likelihood of Momentus' management manipulating its earnings.

Momentus Stock Summary

Momentus competes with Planet Labs, Rocket Lab, Redwire Corp, Virgin Galactic, and Intuitive Machines. Momentus Inc., together with its subsidiaries, operates as a commercial space company. Its principal and target customers include satellite operators. Momentus operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 118 people.
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS60879E1010
CUSIP60879E101 85236Q109 60879E200
LocationCalifornia; U.S.A
Business Address3901 North First
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitemomentus.space
Phone650 564 7820
CurrencyUSD - US Dollar

Momentus Key Financial Ratios

Momentus Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab(500.3K)4.4M13.5M26.6M9K8.6K
Other Liab765.7K4.0M7.8M2.1M2.4M3.3M
Net Tangible Assets14.5M116.3M131.9M38.6M44.4M67.2M
Retained Earnings62.4K(329.3M)(208.7M)(304.1M)(373.0M)(354.4M)
Accounts Payable695.6K1.9M1.9M2.2M2.8M1.8M
Other Assets2.0M6.2M3.4M5.4M6.2M3.7M
Other Current Assets268.6K4.6M9.6M11.2M4.8M5.8M
Total Current Assets1.4M27.6M169.7M76.3M10.7M10.2M

Momentus Key Income Statement Accounts

The reason investors look at the income statement is to determine what Momentus' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Ebit(439.6K)(306.6M)134.9M(90.2M)(70.2M)(73.7M)
Income Tax Expense47.6K1K2K4.2M(2.0M)(1.9M)

Momentus Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(2.7M)10.5M137.0M(98.1M)(59.9M)(56.9M)
Net Borrowings10.0M44.6M23.4M(9.7M)(8.7M)(8.3M)
Depreciation203.5K590K1.1M2.3M2.0M1.1M
Capital Expenditures1.8M1.6M3.1M767K132K125.4K
Net Income62.4K(307.0M)120.7M(95.4M)(68.9M)(72.4M)
End Period Cash Flow1.1M23.5M160.5M62.4M2.5M2.4M
Change To Netincome697.5K40.2M(18.9M)6.6M5.9M5.0M

Momentus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Momentus's current stock value. Our valuation model uses many indicators to compare Momentus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Momentus competition to find correlations between indicators driving Momentus's intrinsic value. More Info.
Momentus is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Momentus' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Momentus by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Momentus Systematic Risk

Momentus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Momentus volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Momentus correlated with the market. If Beta is less than 0 Momentus generally moves in the opposite direction as compared to the market. If Momentus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Momentus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Momentus is generally in the same direction as the market. If Beta > 1 Momentus moves generally in the same direction as, but more than the movement of the benchmark.

Momentus Thematic Clasifications

Momentus is part of Defense investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Defense industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
DefenseView
This theme covers USA Equities from Defense industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Momentus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Momentus' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Momentus growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.001264

At this time, Momentus' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Momentus November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Momentus help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Momentus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Momentus based on widely used predictive technical indicators. In general, we focus on analyzing Momentus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Momentus's daily price indicators and compare them against related drivers.

Additional Tools for Momentus Stock Analysis

When running Momentus' price analysis, check to measure Momentus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Momentus is operating at the current time. Most of Momentus' value examination focuses on studying past and present price action to predict the probability of Momentus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Momentus' price. Additionally, you may evaluate how the addition of Momentus to your portfolios can decrease your overall portfolio volatility.