Momentus (Momentus) ROCE % : -388.20% (As of Sep. 2023)

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What is Momentus ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Momentus's annualized ROCE % for the quarter that ended in Sep. 2023 was -388.20%.

Momentus ROCE % Historical Data

The historical data trend for Momentus's ROCE % 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.

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Momentus ROCE % Chart

Momentus Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1,056.87

153.31

-91.95

Momentus Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial								-89.56	-149.28	-184.50	-254.65	-388.20

Momentus ROCE % Calculation

Momentus's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-90.182	/	( ( (185.825 - 38.867)	+	(92.423 - 43.226) )	/ 2 )
	=	-90.182	/	( (146.958	+	49.197)	/ 2 )
	=	-90.182	/	98.0775
	=	-91.95 %

Momentus's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-58.516	/	( ( (48.716 - 28.956)	+	(33.489 - 23.102) )	/ 2 )
	=	-58.516	/	( ( 19.76	+	10.387 )	/ 2 )
	=	-58.516	/	15.0735
	=	-388.20 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Momentus (NAS:MNTS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Momentus ROCE % Related Terms

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Momentus (Momentus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Momentus Inc (NAS:MNTS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3901 N. First Street, San Jose, CA, USA, 95134

Website

https://www.momentus.space

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