Virgin Galactic Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Virgin Galactic Holdings has a total shareholder equity of $505.5M and total debt of $417.9M, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are $1.2B and $674.0M respectively.
Key information
82.7%
Debt to equity ratio
US$417.89m
Debt
Interest coverage ratio | n/a |
Cash | US$874.04m |
Equity | US$505.48m |
Total liabilities | US$674.04m |
Total assets | US$1.18b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPCE *'s short term assets ($950.8M) exceed its short term liabilities ($185.7M).
Long Term Liabilities: SPCE *'s short term assets ($950.8M) exceed its long term liabilities ($488.4M).
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 82.7% 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 1.9 years if free cash flow continues to reduce at historical rates of 21.4% each year.