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 ratio | n/a |
Cash | US$9.75m |
Equity | US$4.29m |
Total liabilities | US$29.20m |
Total assets | US$33.49m |
Recent financial health updates
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.