Virgin Net Working Capital from 2010 to 2024

SPCE Stock  USD 7.03  0.02  0.29%   
Virgin Galactic's Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 497.3 M. During the period from 2010 to 2024 Virgin Galactic Net Working Capital annual values regression line had coefficient of variation of  131.72 and r-squared of  0.71. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
765.2 M
Current Value
497.3 M
Quarterly Volatility
322.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virgin Galactic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virgin Galactic's main balance sheet or income statement drivers, such as Interest Expense of 13.5 M, Other Operating Expenses of 313.9 M or Total Operating Expenses of 305.2 M, as well as many indicators such as Price To Sales Ratio of 115, Dividend Yield of 0.0 or PTB Ratio of 1.55. Virgin financial statements analysis is a perfect complement when working with Virgin Galactic Valuation or Volatility modules.
  
Check out the analysis of Virgin Galactic Correlation against competitors.

Latest Virgin Galactic's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Virgin Galactic Holdings over the last few years. It is Virgin Galactic's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virgin Galactic's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Virgin Net Working Capital Regression Statistics

Arithmetic Mean244,728,263
Coefficient Of Variation131.72
Mean Deviation292,330,057
Median1,269,206
Standard Deviation322,365,989
Sample Variance103919.8T
Range817.6M
R-Value0.84
Mean Square Error32583T
R-Squared0.71
Significance0.000083
Slope60,689,466
Total Sum of Squares1454877.6T

Virgin Net Working Capital History

2024497.3 M
2023765.2 M
2022817.6 M
2021547.1 M
2020612.9 M
2019420.8 M
2018-74.7 K

About Virgin Galactic Financial Statements

Virgin Galactic stakeholders use historical fundamental indicators, such as Virgin Galactic's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Virgin Galactic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virgin Galactic's assets and liabilities are reflected in the revenues and expenses on Virgin Galactic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Virgin Galactic Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital765.2 M497.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Virgin Galactic Holdings is a strong investment it is important to analyze Virgin Galactic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virgin Galactic's future performance. For an informed investment choice regarding Virgin Stock, refer to the following important reports:
Check out the analysis of Virgin Galactic Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virgin Galactic. If investors know Virgin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virgin Galactic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(16.26)
Revenue Per Share
0.421
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.22)
Return On Equity
(0.78)
The market value of Virgin Galactic Holdings is measured differently than its book value, which is the value of Virgin that is recorded on the company's balance sheet. Investors also form their own opinion of Virgin Galactic's value that differs from its market value or its book value, called intrinsic value, which is Virgin Galactic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virgin Galactic's market value can be influenced by many factors that don't directly affect Virgin Galactic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virgin Galactic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.