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
Is Virgin Galactic Holdings (NYSE:SPCE) Weighed On By Its Debt Load?
Jul 26
Is Virgin Galactic Holdings (NYSE:SPCE) A Risky Investment?
Apr 20Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jan 05Does Virgin Galactic Holdings (NYSE:SPCE) Have A Healthy Balance Sheet?
Sep 20Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jun 02We're Not Very Worried About Virgin Galactic Holdings' (NYSE:SPCE) Cash Burn Rate
Mar 25Recent updates
Virgin Galactic: More Downside Expected After Boeing Lawsuit
Apr 02Virgin Galactic Holdings: A Risk-Bound Yet To Mature Business, Sell
Feb 20Virgin Galactic: Branson's Decision Leaves Shareholders Uncertain
Dec 05Virgin Galactic: Using Your Money To Subsidize The Adventures Of Billionaires
Oct 19Virgin Galactic: Delta Class Timeline Is Too Optimistic
Oct 12Virgin Galactic: Speculative Bet That's Ready For Launch
Sep 03Virgin Galactic: Lost In Space
Aug 02Is Virgin Galactic Holdings (NYSE:SPCE) Weighed On By Its Debt Load?
Jul 26Virgin Galactic: Shareholder Value Deterioration Set To Continue
Jun 30Virgin Galactic Takes Off; Don't Forget The Seat Belts
Jun 18Virgin Galactic: Successful Test Flight Does Not Mean Share Price Will Take Off
Jun 07Is Virgin Galactic Holdings (NYSE:SPCE) A Risky Investment?
Apr 20Virgin Galactic: Spotlight On Sister Company's Failed Rocket Launch
Jan 11Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jan 05Virgin Galactic forges microgravity research alliance with Axiom Space
Nov 03Virgin Galactic: Ignore The Downgrades, It's A Strong Buy
Oct 21Virgin Galactic: Time's Up
Sep 22Does Virgin Galactic Holdings (NYSE:SPCE) Have A Healthy Balance Sheet?
Sep 20Virgin Galactic: An Earnings Miss And Equity Sale Send Shares Sharply Lower
Aug 08Virgin Galactic forms strategic partnership with Virtuoso
Jul 21Virgin Galactic signs long-term lease for final assembly manufacturing facility
Jul 14Virgin Galactic to partner with Boeing unit Aurora to build motherships
Jul 06A Look At The Intrinsic Value Of Virgin Galactic Holdings, Inc. (NYSE:SPCE)
Jun 23Health Check: How Prudently Does Virgin Galactic Holdings (NYSE:SPCE) Use Debt?
Jun 02Virgin Galactic: Wishful Estimates
May 25Virgin Galactic Update: We Keep Staying Away
Apr 07We're Not Very Worried About Virgin Galactic Holdings' (NYSE:SPCE) Cash Burn Rate
Mar 25Is Virgin Galactic A Buy After Opening Spaceflight Ticket Window?
Mar 01Is Virgin Galactic Holdings (NYSE:SPCE) A Risky Investment?
Feb 27Virgin Galactic: A Strong Bounce Is Inevitable
Feb 17Virgin Galactic: The Best Time To Go Long Is Now
Jan 10Virgin Galactic: Just Not Our Cup Of Tea
Dec 25Virgin Galactic: Market Vastly Underestimating Market Potential
Dec 08Virgin Galactic: A Great But Overpriced Venture
Nov 19Revisiting Virgin Galactic After A 70% Price Drop
Oct 31Virgin Galactic: Expect Some Short-Term Underperformance
Oct 19No New Buying from Insiders, But Short Term Traders Seem Bullish on Virgin Galactic Holdings (NYSE:SPCE)
Sep 30No New Buying from Insiders, But Short Term Traders Seem Bullish on Virgin Galactic Holdings (NYSE:SPCE)
Sep 30Is Virgin Galactic A Good Space Stock To Invest In?
Sep 28Virgin Galactic: Not Your Best Space Tourism Play
Sep 17Financial 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.