Virgin Galactic Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Virgin Galactic Holdings has a total shareholder equity of $417.6M and total debt of $418.4M, which brings its debt-to-equity ratio to 100.2%. Its total assets and total liabilities are $1.1B and $660.7M respectively.
Key information
100.2%
Debt to equity ratio
US$418.44m
Debt
Interest coverage ratio | n/a |
Cash | US$765.21m |
Equity | US$417.58m |
Total liabilities | US$660.68m |
Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPCE's short term assets ($837.5M) exceed its short term liabilities ($171.8M).
Long Term Liabilities: SPCE's short term assets ($837.5M) exceed its long term liabilities ($488.9M).
Debt to Equity History and Analysis
Debt Level: SPCE has more cash than its total debt.
Reducing Debt: SPCE's debt to equity ratio has increased from 0% to 100.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPCE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SPCE has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 22% each year.