Momentus Total Current Liabilities vs Short Term Investments Analysis

MNTS Stock  USD 0.59  0.03  5.36%   
Momentus financial indicator trend analysis is infinitely more than just investigating Momentus recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Momentus is a good investment. Please check the relationship between Momentus Total Current Liabilities and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Momentus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Momentus Stock please use our How to Invest in Momentus guide.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Momentus Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Momentus' Total Current Liabilities and Short Term Investments is 0.17. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Momentus, assuming nothing else is changed. The correlation between historical values of Momentus' Total Current Liabilities and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Momentus are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Momentus' Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Momentus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Momentus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Momentus balance sheet. It contains any investments Momentus undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Momentus can easily liquidate in the marketplace.
Most indicators from Momentus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Momentus current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Momentus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Momentus Stock please use our How to Invest in Momentus guide.Tax Provision is likely to gain to 1,067 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.1M2.3M2.0M1.6M
Cost Of Revenue135K26K855K897.8K

Momentus fundamental ratios Correlations

0.90.490.44-0.470.550.520.870.74-0.130.61-0.17-0.240.71-0.54-0.210.7-0.570.750.70.82-0.59-0.630.36-0.150.07
0.90.750.66-0.680.750.650.980.85-0.150.83-0.35-0.290.94-0.76-0.320.81-0.780.790.810.77-0.86-0.850.60.170.01
0.490.750.96-0.670.710.650.780.86-0.110.81-0.36-0.480.79-0.78-0.040.86-0.80.750.860.74-0.69-0.620.570.230.34
0.440.660.96-0.750.750.750.740.73-0.10.79-0.51-0.70.69-0.820.240.73-0.850.840.730.79-0.6-0.570.580.230.57
-0.47-0.68-0.67-0.75-0.96-0.95-0.8-0.40.19-0.880.910.79-0.770.98-0.26-0.360.98-0.84-0.36-0.570.820.87-0.91-0.67-0.4
0.550.750.710.75-0.960.970.840.52-0.040.97-0.8-0.680.85-0.980.110.48-0.960.840.480.61-0.87-0.90.940.640.3
0.520.650.650.75-0.950.970.770.420.020.9-0.85-0.820.71-0.940.330.38-0.940.880.380.65-0.73-0.790.870.550.5
0.870.980.780.74-0.80.840.770.8-0.210.88-0.5-0.460.94-0.86-0.160.76-0.880.880.760.81-0.88-0.880.70.270.15
0.740.850.860.73-0.40.520.420.8-0.130.690.01-0.130.79-0.55-0.371.0-0.580.641.00.79-0.62-0.540.35-0.10.06
-0.13-0.15-0.11-0.10.19-0.040.02-0.21-0.130.040.150.14-0.160.19-0.03-0.110.19-0.17-0.11-0.130.160.17-0.17-0.1-0.07
0.610.830.810.79-0.880.970.90.880.690.04-0.64-0.530.92-0.94-0.080.66-0.930.810.660.65-0.9-0.90.880.550.19
-0.17-0.35-0.36-0.510.91-0.8-0.85-0.50.010.15-0.640.82-0.470.82-0.480.050.81-0.640.05-0.270.60.69-0.82-0.76-0.45
-0.24-0.29-0.48-0.70.79-0.68-0.82-0.46-0.130.14-0.530.82-0.290.73-0.78-0.110.75-0.79-0.11-0.590.310.4-0.57-0.33-0.87
0.710.940.790.69-0.770.850.710.940.79-0.160.92-0.47-0.29-0.85-0.370.76-0.840.710.760.61-0.97-0.940.790.46-0.08
-0.54-0.76-0.78-0.820.98-0.98-0.94-0.86-0.550.19-0.940.820.73-0.85-0.15-0.511.0-0.87-0.51-0.640.870.9-0.92-0.62-0.36
-0.21-0.32-0.040.24-0.260.110.33-0.16-0.37-0.03-0.08-0.48-0.78-0.37-0.15-0.37-0.180.32-0.370.190.340.230.03-0.010.9
0.70.810.860.73-0.360.480.380.761.0-0.110.660.05-0.110.76-0.51-0.37-0.540.611.00.78-0.57-0.490.31-0.130.07
-0.57-0.78-0.8-0.850.98-0.96-0.94-0.88-0.580.19-0.930.810.75-0.841.0-0.18-0.54-0.9-0.54-0.690.850.88-0.88-0.56-0.4
0.750.790.750.84-0.840.840.880.880.64-0.170.81-0.64-0.790.71-0.870.320.61-0.90.610.91-0.64-0.70.650.180.6
0.70.810.860.73-0.360.480.380.761.0-0.110.660.05-0.110.76-0.51-0.371.0-0.540.610.78-0.57-0.490.31-0.130.07
0.820.770.740.79-0.570.610.650.810.79-0.130.65-0.27-0.590.61-0.640.190.78-0.690.910.78-0.45-0.470.36-0.190.56
-0.59-0.86-0.69-0.60.82-0.87-0.73-0.88-0.620.16-0.90.60.31-0.970.870.34-0.570.85-0.64-0.57-0.450.99-0.86-0.640.14
-0.63-0.85-0.62-0.570.87-0.9-0.79-0.88-0.540.17-0.90.690.4-0.940.90.23-0.490.88-0.7-0.49-0.470.99-0.89-0.660.06
0.360.60.570.58-0.910.940.870.70.35-0.170.88-0.82-0.570.79-0.920.030.31-0.880.650.310.36-0.86-0.890.830.14
-0.150.170.230.23-0.670.640.550.27-0.1-0.10.55-0.76-0.330.46-0.62-0.01-0.13-0.560.18-0.13-0.19-0.64-0.660.83-0.1
0.070.010.340.57-0.40.30.50.150.06-0.070.19-0.45-0.87-0.08-0.360.90.07-0.40.60.070.560.140.060.14-0.1
Click cells to compare fundamentals

Momentus Account Relationship Matchups

Momentus fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab(500.3K)4.4M13.5M26.6M9K8.6K
Total Current Liabilities195.3K7.3M38.9M43.2M11.1M18.5M
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
Property Plant Equipment1.8M2.6M4.8M4.0M4.6M3.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.