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Momentus (Momentus) Debt-to-EBITDA : -0.22 (As of Sep. 2023)


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What is Momentus Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Momentus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.98 Mil. Momentus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.19 Mil. Momentus's annualized EBITDA for the quarter that ended in Sep. 2023 was $-56.56 Mil. Momentus's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.22.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Momentus's Debt-to-EBITDA or its related term are showing as below:

MNTS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.03   Med: -0.24   Max: 0.21
Current: -0.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of Momentus was 0.21. The lowest was -1.03. And the median was -0.24.

MNTS's Debt-to-EBITDA is ranked worse than
100% of 229 companies
in the Aerospace & Defense industry
Industry Median: 2.34 vs MNTS: -0.16

Momentus Debt-to-EBITDA Historical Data

The historical data trend for Momentus's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Momentus Debt-to-EBITDA Chart

Momentus Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
-1.03 0.21 -0.24

Momentus Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 -0.23 -0.24 -0.22 -0.22

Competitive Comparison of Momentus's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Momentus's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Momentus's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Momentus's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Momentus's Debt-to-EBITDA falls into.



Momentus Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Momentus's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12.78 + 8.535) / -87.929
=-0.24

Momentus's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.979 + 5.187) / -56.556
=-0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2023) EBITDA data.


Momentus  (NAS:MNTS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Momentus Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Momentus's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Momentus (Momentus) Business Description

Traded in Other Exchanges
N/A
Address
3901 N. First Street, San Jose, CA, USA, 95134
Momentus Inc offers in-space infrastructure services by building transfer and service vehicles that carry satellites and hosted payloads between orbits in space. It is a provider of three critical functions in the new space economy: Space Transportation, Satellite as a Service, and In-Orbit Servicing.
Executives
Brian Kabot director, 10 percent owner, officer: Chief Executive Officer 1345 ABBOT KINNEY BLVD., VENICE CA 90291
Prime Movers Lab Fund I Lp 10 percent owner P.O. BOX 12829, JACKSON WY 83002
Victorino Mercado director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Eric R Williams officer: Chief Financial Officer 3901 N. FIRST STREET, SAN JOSE CA 95134
Dennis R. Mahoney officer: Interim CFO 3901 N. FIRST STREET, SAN JOSE CA 95134
Prime Movers Growth Fund I Lp 10 percent owner 6765 CRYSTAL SPRINGS ROAD, TETON VILLAGE WY 83025
Momentus Pml Spv 3 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON VILLAGE WY 83025
Dakin Sloss 10 percent owner 126 E 56TH ST, 30TH FLOOR, NEW YORK NY 10022
Momentus Pml Spv 2 Lp 10 percent owner 6765 CRYSTAL SPRINGS RD, TETON COUNTY WY 83025
Momentus Pml Spv 1 Lp 10 percent owner PO BOX 12829, JACKSON WY 83002
Robert E Schwarz officer: Chief Technology Officer C/O MOMENTUS INC., 3901 N. FIRST STREET, SAN JOSE CA 95134
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Kennedy Fred G Iii officer: President C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Dawn A. Harms officer: Chief Revenue Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
John C. Rood director, officer: Chief Executive Officer C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054