Momentus (MNTS) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$2.73 Million

According to Momentus's latest financial reports the company has -A$2.73 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	$A$56.73 M	-68.81%
2021-12-31	$A$0.18 B	-148.32%
2020-12-31	$-A$0.38 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