What is Rocket Lab USA, Inc.'s grant — other assets noncurrent?

Rocket Lab USA, Inc. (RKLB) reported grant — other assets noncurrent of $4.74M in Q4 2023.

What does grant — other assets noncurrent mean?

Long-term assets related to grant-funded projects that will not be converted to cash within one year.

Discontinued — last reported Q4 '23

Products & Services · Other Assets Noncurrent

Grant — Other Assets Noncurrent

Rocket Lab USA, Inc. Grant — Other Assets Noncurrent decreased by 19.3% to $4.74M in Q4 2023 compared to the prior quarter.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2022

Last reportedQ4 2023

Rolls up toOther Non-Current Assets

How to read this metric

An increase indicates ongoing long-term investment in grant-supported infrastructure or technology, whereas a decrease may signal the amortization or completion of long-term grant projects.

Detailed definition

This metric captures long-term assets associated with grant-funded initiatives that are not expected to be converted int...

Peer comparison

Comparable to non-current deferred costs or long-term project-related assets in companies heavily involved in government-sponsored R&D.

Metric ID: rklb_segment_grant_other_assets_noncurrent

Historical Data

2 periods

	Q4 '22	Q4 '23
Value	$5.87M	$4.74M
QoQ Change	—	-19.3%
YoY Change	—	-19.3%

Range$4.74M – $5.87M

Avg YoY Growth-19.3%

Median YoY Growth-19.3%

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Frequently Asked Questions

What is Rocket Lab USA, Inc.'s grant — other assets noncurrent?: Rocket Lab USA, Inc. (RKLB) reported grant — other assets noncurrent of $4.74M in Q4 2023.
What does grant — other assets noncurrent mean?: Long-term assets related to grant-funded projects that will not be converted to cash within one year.