Virgin Galactic Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Virgin Galactic Holdings has a total shareholder equity of $366.0M and total debt of $419.6M, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are $1.0B and $650.3M respectively.
Key information
114.6%
Debt to equity ratio
US$419.56m
Debt
| Interest coverage ratio | n/a |
| Cash | US$651.10m |
| Equity | US$365.99m |
| Total liabilities | US$650.32m |
| Total assets | US$1.02b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QL0's short term assets ($713.2M) exceed its short term liabilities ($157.9M).
Long Term Liabilities: 0QL0's short term assets ($713.2M) exceed its long term liabilities ($492.4M).
Debt to Equity History and Analysis
Debt Level: 0QL0 has more cash than its total debt.
Reducing Debt: 0QL0's debt to equity ratio has increased from 0% to 114.6% 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: 0QL0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0QL0 has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 20.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 03:13 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Virgin Galactic Holdings, Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ronald Epstein | BofA Global Research |
| Kenneth Herbert | Canaccord Genuity |
| Keith Snyder | CFRA Equity Research |