Momentus Balance Sheet Health

Financial Health criteria checks 4/6

Momentus has a total shareholder equity of $4.3M and total debt of $5.7M, which brings its debt-to-equity ratio to 133.7%. Its total assets and total liabilities are $33.5M and $29.2M respectively.

Key information

133.7%

Debt to equity ratio

US$5.74m

Debt

Interest coverage ration/a
CashUS$9.75m
EquityUS$4.29m
Total liabilitiesUS$29.20m
Total assetsUS$33.49m

Recent financial health updates

Recent updates

Momentus announces $50M at-the-market equity program

Sep 28

LuxSpace Triton-X microsatellite to fly aboard Momentus OTV

Aug 19

Momentus GAAP EPS of -$0.28, revenue of $0.05M

Aug 11

Financial Position Analysis

Short Term Liabilities: MNTS's short term assets ($21.2M) do not cover its short term liabilities ($23.1M).

Long Term Liabilities: MNTS's short term assets ($21.2M) exceed its long term liabilities ($6.1M).


Debt to Equity History and Analysis

Debt Level: MNTS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MNTS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MNTS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MNTS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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