Virgin Galactic Financials

SPCE Stock  USD 7.03  0.02  0.29%   
Based on the measurements of operating efficiency obtained from Virgin Galactic's historical financial statements, Virgin Galactic Holdings is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At present, Virgin Galactic's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 211.1 M, whereas Total Current Liabilities is forecasted to decline to about 115.2 M. Key indicators impacting Virgin Galactic's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.870.8267
Sufficiently Up
Slightly volatile
Current Ratio3.675.1213
Way Down
Very volatile
The essential information of the day-to-day investment outlook for Virgin Galactic includes many different criteria found on its balance sheet. An individual investor should monitor Virgin Galactic's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Virgin Galactic.

Net Income

(477.22 Million)

  
Understanding current and past Virgin Galactic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Virgin Galactic's financial statements are interrelated, with each one affecting the others. For example, an increase in Virgin Galactic's assets may result in an increase in income on the income statement.
Please note, the presentation of Virgin Galactic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Virgin Galactic's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Virgin Galactic's management manipulating its earnings.

Virgin Galactic Stock Summary

Virgin Galactic competes with Planet Labs, Eve Holding, Redwire Corp, Lockheed Martin, and Raytheon Technologies. Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc. Virgin Galactic operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 804 people.
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS92766K4031
CUSIP92766K106 92766K403 G8250R103
LocationNew Mexico; U.S.A
Business Address1700 Flight Way,
SectorAerospace & Defense
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.virgingalactic.com
Phone949 774 7640
CurrencyUSD - US Dollar

Virgin Galactic Key Financial Ratios

Virgin Galactic Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets605.5M804.0M1.1B1.1B1.2B973.7M
Other Current Liab23.0M30.4M31.4M167.7M55.4M61.4M
Other Liab124.3M1.8M43.0M3.0M2.7M2.5M
Net Tangible Assets467.6M662.5M894.3M480.2M552.3M471.0M
Net Debt(455.9M)(638.4M)(482.0M)113.4M201.1M211.1M
Retained Earnings(121.7M)(394.7M)(1.1B)(1.6B)(2.1B)(2.0B)
Accounts Payable7.0M6.0M9.2M16.3M32.4M34.0M
Cash480.4M665.9M524.5M302.3M216.8M344.3M
Other Assets2.6M22.9M41.3M5.8M6.7M6.3M
Net Receivables461K540K25.5M40.3M36.8M38.6M
Inventory26.8M30.5M29.7M24.0M16.3M25.3M
Other Current Assets16.7M31.0M45.0M68.6M60.5M34.9M
Total Liab138.0M141.5M174.6M659.7M674.0M707.7M
Net Invested Capital467.6M663.1M894.3M895.9M923.4M816.2M
Total Current Assets536.7M727.9M678.6M1.0B950.8M612.5M
Net Working Capital420.8M612.9M547.1M817.6M765.2M497.3M
Short Term Debt2.4M2.8M28.8M3.0M50.9M53.4M
Common Stock20K23K26K28K40K38K
Capital Stock20K23K26K28K40K38K

Virgin Galactic Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(3.5M)1.4M815K5.6M4.8M5.0M
Change In Cash411.4M186.2M(128.9M)(207.4M)(89.0M)(84.6M)
Net Borrowings(104K)(310K)(450K)424.5M488.1M512.5M
Free Cash Flow(223.0M)(250.4M)(235.4M)(396.7M)(492.5M)(467.9M)
Depreciation7.0M9.8M11.5M11.1M13.4M9.8M
Other Non Cash Items(38K)96K11K12.8M(11.4M)(10.8M)
Capital Expenditures19.4M17.2M4.6M16.5M44.3M46.5M
Net Income(210.9M)(273.0M)(352.9M)(500.2M)(502.3M)(477.2M)
End Period Cash Flow492.7M679.0M550.0M342.6M253.6M364.4M
Change To Netincome2.0M30.4M96.5M56.5M65.0M34.2M

Virgin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Virgin Galactic's current stock value. Our valuation model uses many indicators to compare Virgin Galactic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virgin Galactic competition to find correlations between indicators driving Virgin Galactic's intrinsic value. More Info.
Virgin Galactic Holdings is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Virgin Galactic's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Virgin Galactic by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Virgin Galactic Holdings Systematic Risk

Virgin Galactic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virgin Galactic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Virgin Galactic Holdings correlated with the market. If Beta is less than 0 Virgin Galactic generally moves in the opposite direction as compared to the market. If Virgin Galactic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virgin Galactic Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virgin Galactic is generally in the same direction as the market. If Beta > 1 Virgin Galactic moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Virgin Galactic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Virgin Galactic's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Virgin Galactic growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0807

At present, Virgin Galactic's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Virgin Galactic November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Virgin Galactic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virgin Galactic Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virgin Galactic Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Virgin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virgin Galactic's daily price indicators and compare them against related drivers.

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When running Virgin Galactic's price analysis, check to measure Virgin Galactic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virgin Galactic is operating at the current time. Most of Virgin Galactic's value examination focuses on studying past and present price action to predict the probability of Virgin Galactic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Galactic's price. Additionally, you may evaluate how the addition of Virgin Galactic to your portfolios can decrease your overall portfolio volatility.
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