Momentus (MNTS) - Net Assets

Net assets on the balance sheet as of September 2024 : -S$7.3 Million

According to Momentus's latest financial reports the company has -S$7.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Momentus - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$51.75 M	-70.97%
2021-12-31	$S$0.17 B	-146.56%
2020-12-31	$-S$0.39 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Momentus (MNTS) - Net assets