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: 1SPCE's short term assets ($713.2M) exceed its short term liabilities ($157.9M).
Long Term Liabilities: 1SPCE's short term assets ($713.2M) exceed its long term liabilities ($492.4M).
Debt to Equity History and Analysis
Debt Level: 1SPCE has more cash than its total debt.
Reducing Debt: 1SPCE'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: 1SPCE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1SPCE has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 20.2% each year.