Virgin Galactic Holdings Inc
Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. The company … Read more
Virgin Galactic Holdings Inc (SPCE) - Total Assets
Latest total assets as of September 2025: $853.54 Million USD
Based on the latest financial reports, Virgin Galactic Holdings Inc (SPCE) holds total assets worth $853.54 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Virgin Galactic Holdings Inc - Total Assets Trend (2017–2024)
This chart illustrates how Virgin Galactic Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Virgin Galactic Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Virgin Galactic Holdings Inc's total assets of $853.54 Million consist of 65.3% current assets and 34.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Virgin Galactic Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Virgin Galactic Holdings Inc's current assets represent 65.3% of total assets in 2024, an increase from 0.2% in 2017.
- Cash Position: Cash and equivalents constituted 18.6% of total assets in 2024, up from 0.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Virgin Galactic Holdings Inc Competitors by Total Assets
Key competitors of Virgin Galactic Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
Virgin Galactic Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Virgin Galactic Holdings Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Virgin Galactic Holdings Inc is currently not profitable relative to its asset base.
Virgin Galactic Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.87 | 4.52 | 6.33 |
| Quick Ratio | 2.87 | 4.52 | 6.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $298.97 Million | $ 555.34 Million | $ 612.91 Million |
Virgin Galactic Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Virgin Galactic Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.85 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | -18.5% |
| Total Assets | $961.23 Million |
| Market Capitalization | $167.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Virgin Galactic Holdings Inc's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Virgin Galactic Holdings Inc's assets decreased by 18.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Virgin Galactic Holdings Inc (2017–2024)
The table below shows the annual total assets of Virgin Galactic Holdings Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $961.23 Million | -18.51% |
| 2023-12-31 | $1.18 Billion | +3.47% |
| 2022-12-31 | $1.14 Billion | +6.65% |
| 2021-12-31 | $1.07 Billion | +32.94% |
| 2020-12-31 | $803.99 Million | +32.77% |
| 2019-12-31 | $605.55 Million | -14.08% |
| 2018-12-31 | $704.76 Million | +1.61% |
| 2017-12-31 | $693.57 Million | -- |