Momentus (MNTS) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$3.01 Million

According to Momentus's latest financial reports the company has -NZ$3.01 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	$NZ$60.8 M	-68.51%
2021-12-31	$NZ$0.19 B	-148.13%
2020-12-31	$-NZ$0.41 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