Virgin Galactic Holdings Inc (SPCE) — Financial Flexibility Index

Latest as of September 2025: -0.01x

Virgin Galactic Holdings Inc (SPCE) has a Financial Flexibility Index of -0.01x as of September 2025. Free cash flow of $-4.82 Million (operating CF $-56.30 Million minus capex $51.48 Million) represents 0% of total liabilities ($627.65 Million). Check SPCE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-4.82 Million
Operating CF − Capex

Total Liabilities

$627.65 Million
USD

Capital Expenditures

$51.48 Million
USD

Virgin Galactic Holdings Inc Financial Flexibility Index (2017–2024)

Historical Financial Flexibility Index trend for Virgin Galactic Holdings Inc across 8 annual periods. See SPCE working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Virgin Galactic Holdings Inc (2017–2024)

Year-by-year free cash flow to debt coverage for Virgin Galactic Holdings Inc. For the full company profile including market capitalisation, see SPCE company net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.36x $-230.85 Million $-352.70 Million $638.95 Million ▲ +39.7%
2023 -0.60x $-403.88 Million $-448.19 Million $674.04 Million ▼ -8.7%
2022 -0.55x $-363.75 Million $-380.24 Million $659.72 Million ▲ +57.4%
2021 -1.30x $-226.13 Million $-230.76 Million $174.57 Million ▼ -66.1%
2020 -0.78x $-215.96 Million $-233.16 Million $276.91 Million ▲ +41.6%
2019 -1.33x $-184.15 Million $-203.56 Million $137.99 Million ▼ -449.5%
2018 0.38x $9.44 Million $-1.15 Million $24.73 Million ▲ +89.3%
2017 0.20x $4.94 Million $-652.70K $24.51 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities