Virgin Galactic Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Virgin Galactic Holdings's balance sheet done over the years? Its assets were worth $1,179,517,000 last year, which is more than in the previous period. 57% of Virgin Galactic Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $674,041,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2017 | 693567088 | 24.50M | 3.53% |
|---|---|---|---|
| 2018 | 704757773 | 24.73M | 3.51% |
| 2019 | 605546000 | 137.98M | 22.79% |
| 2020 | 803990000 | 141.47M | 17.6% |
| 2021 | 1068834000 | 174.57M | 16.33% |
| 2022 | 1139938000 | 659.71M | 57.87% |
| 2023 | 1179517000 | 674.04M | 57.15% |
SPCE Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 216.79M | 302.29M | 524.48M | 665.92M | 480.44M | 462.16K | 696.38K |
Short term investments | 657.23M | 606.71M | 79.41M | 0 | 0 | 0 | 691.94M |
Net receivables | 0 | 40.33M | 25.54M | 540K | 461K | 0 | 657.13K |
Inventory | 16.30M | 24.04M | 29.66M | 30.48M | 26.81M | 0 | 10.16M |
Other current assets | 60.49M | 28.22M | 19.47M | 17.94M | 16.67M | 45.33K | 272.21K |
Total current assets | 950.82M | 1.00B | 678.59M | 727.92M | 536.67M | 507.50K | 1.62M |
Non-current assets: | |||||||
Property, Plant and Equipment | 93.80M | 53.65M | 47.49M | 73.06M | 66.26M | 0 | 28.16M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 71.59M | 30.39M | 301.46M | 0 | 0 | 704.25M | 691.94M |
Other non-current assets | 63.28M | 54.27M | 41.28M | 3.00M | 2.61M | 0 | -28.16M |
Total non-current assets | 228.68M | 138.32M | 390.24M | 76.06M | 68.87M | 704.25M | 691.94M |
Total assets | 1.17B | 1.13B | 1.06B | 803.99M | 605.54M | 704.75M | 693.56M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 97.84M | 102.64M | 90.86M | 83.21M | 83.36M | -582.20K | -356.53K |
Short term debt | 0 | 3.02M | 28.78M | 2.83M | 2.40M | 381.67K | 87K |
Total current liabilities | 185.66M | 184.05M | 131.52M | 115.02M | 115.84M | 582.20K | 356.53K |
| Non-current liabilities: | |||||||
Long term debt | 417.88M | 415.72M | 39.96M | 24.69M | 22.14M | 0 | 56K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 70.49M | 59.94M | 3.08M | 1.75M | 0 | 24.15M | 24.09M |
Total non-current liabilities | 488.38M | 475.66M | 43.04M | 26.45M | 22.14M | 24.15M | 24.15M |
Total liabilities | 674.04M | 659.71M | 174.57M | 141.47M | 137.98M | 24.73M | 24.50M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source |