Virgin Net Invested Capital vs Total Assets Analysis

SPCE Stock

USD 0.89 0.03 3.49%

Virgin Galactic financial indicator trend analysis is much more than just breaking down Virgin Galactic Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Galactic Holdings is a good investment. Please check the relationship between Virgin Galactic Net Invested Capital and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Galactic Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Galactic Holdings Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Virgin Galactic's Net Invested Capital and Total Assets is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Virgin Galactic Holdings, assuming nothing else is changed. The correlation between historical values of Virgin Galactic's Net Invested Capital and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Virgin Galactic Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Virgin Galactic's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Virgin Galactic assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Virgin Galactic Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Virgin Galactic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Galactic Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Galactic Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

At present, Virgin Galactic's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Income	1.2M	12.5M	34.8M	36.5M
Net Interest Income	1.2M	372K	21.9M	23.0M

Interest Income Net Interest Income

Virgin Galactic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.83	-0.53	0.84	-0.2	-0.23	0.72	0.17	-0.93	0.8	0.47	-0.57	-0.69	0.52	0.84	0.93	-0.72	0.79	-0.06	0.82	0.92	0.47	0.82	0.95	0.85	0.94
Short Long Term Debt Total	0.83		-0.45	0.77	-0.65	-0.2	0.5	0.45	-0.95	0.93	0.33	-0.6	-0.63	0.08	0.77	0.93	-0.67	0.71	0.08	1.0	0.85	0.36	0.75	0.79	0.99	0.72
Other Current Liab	-0.53	-0.45		-0.67	0.15	-0.27	-0.75	0.29	0.61	-0.64	-0.68	0.64	0.73	-0.58	-0.66	-0.59	0.73	-0.88	0.77	-0.42	-0.77	-0.84	-0.65	-0.65	-0.52	-0.37
Total Current Liabilities	0.84	0.77	-0.67		-0.45	0.22	0.89	-0.18	-0.85	0.79	0.79	-0.92	-0.95	0.53	0.99	0.8	-0.96	0.92	-0.38	0.73	0.9	0.73	1.0	0.95	0.84	0.6
Total Stockholder Equity	-0.2	-0.65	0.15	-0.45		-0.17	-0.07	-0.36	0.43	-0.57	-0.14	0.54	0.39	0.48	-0.43	-0.38	0.4	-0.37	-0.08	-0.65	-0.32	-0.13	-0.43	-0.28	-0.63	0.02
Other Liab	-0.23	-0.2	-0.27	0.22	-0.17		0.3	-0.54	0.13	-0.06	0.41	-0.39	-0.37	0.14	0.15	-0.15	-0.34	0.17	-0.52	-0.23	-0.01	0.38	0.22	0.03	-0.12	-0.47
Net Tangible Assets	0.72	0.5	-0.75	0.89	-0.07	0.3		-0.51	-0.7	0.62	0.93	-0.85	-0.94	0.83	0.89	0.63	-0.94	0.85	-0.61	0.45	0.84	0.86	0.9	0.86	0.59	0.51
Net Debt	0.17	0.45	0.29	-0.18	-0.36	-0.54	-0.51		-0.25	0.29	-0.69	0.4	0.4	-0.65	-0.2	0.33	0.35	-0.17	0.73	0.5	0.02	-0.57	-0.22	-0.06	0.34	0.34
Retained Earnings	-0.93	-0.95	0.61	-0.85	0.43	0.13	-0.7	-0.25		-0.96	-0.49	0.66	0.75	-0.37	-0.85	-0.96	0.78	-0.82	0.07	-0.93	-0.96	-0.5	-0.83	-0.91	-0.97	-0.82
Accounts Payable	0.8	0.93	-0.64	0.79	-0.57	-0.06	0.62	0.29	-0.96		0.46	-0.66	-0.73	0.22	0.78	0.88	-0.76	0.78	-0.08	0.93	0.9	0.45	0.76	0.82	0.95	0.66
Cash	0.47	0.33	-0.68	0.79	-0.14	0.41	0.93	-0.69	-0.49	0.46		-0.9	-0.92	0.75	0.8	0.39	-0.91	0.74	-0.72	0.27	0.67	0.9	0.81	0.67	0.44	0.2
Non Current Assets Total	-0.57	-0.6	0.64	-0.92	0.54	-0.39	-0.85	0.4	0.66	-0.66	-0.9		0.97	-0.45	-0.92	-0.56	0.96	-0.83	0.54	-0.56	-0.75	-0.81	-0.93	-0.76	-0.69	-0.26
Non Currrent Assets Other	-0.69	-0.63	0.73	-0.95	0.39	-0.37	-0.94	0.4	0.75	-0.73	-0.92	0.97		-0.61	-0.95	-0.66	1.0	-0.88	0.56	-0.59	-0.85	-0.85	-0.96	-0.85	-0.72	-0.41
Other Assets	0.52	0.08	-0.58	0.53	0.48	0.14	0.83	-0.65	-0.37	0.22	0.75	-0.45	-0.61		0.54	0.34	-0.61	0.55	-0.6	0.03	0.56	0.7	0.55	0.59	0.17	0.45
Cash And Short Term Investments	0.84	0.77	-0.66	0.99	-0.43	0.15	0.89	-0.2	-0.85	0.78	0.8	-0.92	-0.95	0.54		0.78	-0.96	0.91	-0.38	0.73	0.9	0.74	0.99	0.95	0.83	0.61
Net Receivables	0.93	0.93	-0.59	0.8	-0.38	-0.15	0.63	0.33	-0.96	0.88	0.39	-0.56	-0.66	0.34	0.78		-0.7	0.8	-0.08	0.92	0.94	0.49	0.78	0.87	0.94	0.86
Common Stock Total Equity	-0.72	-0.67	0.73	-0.96	0.4	-0.34	-0.94	0.35	0.78	-0.76	-0.91	0.96	1.0	-0.61	-0.96	-0.7		-0.89	0.53	-0.62	-0.87	-0.84	-0.97	-0.87	-0.75	-0.45
Common Stock Shares Outstanding	0.79	0.71	-0.88	0.92	-0.37	0.17	0.85	-0.17	-0.82	0.78	0.74	-0.83	-0.88	0.55	0.91	0.8	-0.89		-0.57	0.68	0.92	0.82	0.91	0.9	0.78	0.58
Short Term Investments	-0.06	0.08	0.77	-0.38	-0.08	-0.52	-0.61	0.73	0.07	-0.08	-0.72	0.54	0.56	-0.6	-0.38	-0.08	0.53	-0.57		0.13	-0.34	-0.87	-0.4	-0.25	-0.02	0.13
Non Current Liabilities Total	0.82	1.0	-0.42	0.73	-0.65	-0.23	0.45	0.5	-0.93	0.93	0.27	-0.56	-0.59	0.03	0.73	0.92	-0.62	0.68	0.13		0.83	0.31	0.71	0.76	0.98	0.72
Capital Surpluse	0.92	0.85	-0.77	0.9	-0.32	-0.01	0.84	0.02	-0.96	0.9	0.67	-0.75	-0.85	0.56	0.9	0.94	-0.87	0.92	-0.34	0.83		0.71	0.89	0.94	0.9	0.78
Inventory	0.47	0.36	-0.84	0.73	-0.13	0.38	0.86	-0.57	-0.5	0.45	0.9	-0.81	-0.85	0.7	0.74	0.49	-0.84	0.82	-0.87	0.31	0.71		0.76	0.62	0.45	0.24
Other Current Assets	0.82	0.75	-0.65	1.0	-0.43	0.22	0.9	-0.22	-0.83	0.76	0.81	-0.93	-0.96	0.55	0.99	0.78	-0.97	0.91	-0.4	0.71	0.89	0.76		0.94	0.82	0.58
Other Stockholder Equity	0.95	0.79	-0.65	0.95	-0.28	0.03	0.86	-0.06	-0.91	0.82	0.67	-0.76	-0.85	0.59	0.95	0.87	-0.87	0.9	-0.25	0.76	0.94	0.62	0.94		0.84	0.79
Total Liab	0.85	0.99	-0.52	0.84	-0.63	-0.12	0.59	0.34	-0.97	0.95	0.44	-0.69	-0.72	0.17	0.83	0.94	-0.75	0.78	-0.02	0.98	0.9	0.45	0.82	0.84		0.72
Net Invested Capital	0.94	0.72	-0.37	0.6	0.02	-0.47	0.51	0.34	-0.82	0.66	0.2	-0.26	-0.41	0.45	0.61	0.86	-0.45	0.58	0.13	0.72	0.78	0.24	0.58	0.79	0.72

Click cells to compare fundamentals

Virgin Galactic Account Relationship Matchups

Virgin Galactic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	605.5M	804.0M	1.1B	1.1B	1.2B	973.7M
Short Long Term Debt Total	24.5M	27.5M	42.5M	415.7M	417.9M	438.8M
Other Current Liab	23.0M	23.0M	2.6M	62.1M	4.5M	4.3M
Total Current Liabilities	115.8M	115.0M	131.5M	184.1M	185.7M	115.2M
Total Stockholder Equity	467.6M	662.5M	894.3M	480.2M	505.5M	498.2M
Other Liab	124.3M	1.8M	43.0M	3.0M	2.7M	2.5M
Net Tangible Assets	467.6M	662.5M	894.3M	480.2M	552.3M	471.0M
Net Debt	(455.9M)	(638.4M)	(482.0M)	113.4M	201.1M	211.1M
Retained Earnings	(121.7M)	(394.7M)	(1.1B)	(1.6B)	(2.1B)	(2.0B)
Accounts Payable	7.0M	6.0M	9.2M	16.3M	32.4M	34.0M
Cash	480.4M	665.9M	524.5M	302.3M	216.8M	344.3M
Non Current Assets Total	68.9M	76.1M	390.2M	138.3M	228.7M	262.7M
Non Currrent Assets Other	2.6M	3.0M	41.3M	54.3M	63.3M	60.1M
Other Assets	2.6M	22.9M	41.3M	5.8M	6.7M	6.3M
Cash And Short Term Investments	480.4M	665.9M	603.9M	909.0M	874.0M	555.4M
Net Receivables	461K	540K	25.5M	40.3M	36.8M	38.6M
Common Stock Total Equity	675.0M	20K	23K	26K	23.4K	22.2K
Common Stock Shares Outstanding	194.4M	219.1M	247.6M	263.9M	337.3M	232.0M
Liabilities And Stockholders Equity	605.5M	804.0M	1.1B	1.1B	1.2B	973.7M
Non Current Liabilities Total	22.1M	26.5M	43.0M	475.7M	488.4M	512.8M
Inventory	26.8M	30.5M	29.7M	24.0M	16.3M	25.3M
Other Current Assets	16.7M	17.9M	19.5M	28.2M	23.7M	16.7M
Other Stockholder Equity	589.2M	1.1B	2.0B	2.1B	2.6B	1.3B
Total Liab	138.0M	141.5M	174.6M	659.7M	674.0M	707.7M
Net Invested Capital	467.6M	663.1M	894.3M	895.9M	923.4M	816.2M
Total Current Assets	536.7M	727.9M	678.6M	1.0B	950.8M	612.5M
Net Working Capital	420.8M	612.9M	547.1M	817.6M	765.2M	497.3M
Short Term Debt	2.4M	2.8M	28.8M	3.0M	50.9M	53.4M
Common Stock	20K	23K	26K	28K	40K	38K
Property Plant Equipment	61.2M	53.1M	47.5M	102.1M	117.4M	59.8M
Current Deferred Revenue	83.4M	83.2M	90.9M	102.6M	97.8M	83.8M
Capital Stock	20K	23K	26K	28K	40K	38K

Virgin Galactic Investors Sentiment

The influence of Virgin Galactic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Virgin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Virgin Galactic's public news can be used to forecast risks associated with an investment in Virgin. The trend in average sentiment can be used to explain how an investor holding Virgin can time the market purely based on public headlines and social activities around Virgin Galactic Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Virgin Galactic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Virgin Galactic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Virgin Galactic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Virgin Galactic.

Virgin Galactic Implied Volatility

209.5

Virgin Galactic's implied volatility exposes the market's sentiment of Virgin Galactic Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Virgin Galactic's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Virgin Galactic stock will not fluctuate a lot when Virgin Galactic's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Virgin Galactic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Virgin Galactic's short interest history, or implied volatility extrapolated from Virgin Galactic options trading.

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When determining whether Virgin Galactic Holdings is a strong investment it is important to analyze Virgin Galactic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Virgin Galactic's future performance. For an informed investment choice regarding Virgin Stock, refer to the following important reports:

How To Invest In Virgin

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Is Virgin Stock a good investment?

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What is Virgin Galactic's Net Worth?

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Largest Aerospace & Defense Companies

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Largest Industrials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Galactic Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Virgin Galactic Holdings information on this page should be used as a complementary analysis to other Virgin Galactic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Virgin Galactic's price analysis, check to measure Virgin Galactic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virgin Galactic is operating at the current time. Most of Virgin Galactic's value examination focuses on studying past and present price action to predict the probability of Virgin Galactic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Galactic's price. Additionally, you may evaluate how the addition of Virgin Galactic to your portfolios can decrease your overall portfolio volatility.

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Is Virgin Galactic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virgin Galactic. If investors know Virgin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virgin Galactic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.49)

Revenue Per Share

0.02

Quarterly Revenue Growth

2.232

Return On Assets

(0.28)

Return On Equity

(1.02)

The market value of Virgin Galactic Holdings is measured differently than its book value, which is the value of Virgin that is recorded on the company's balance sheet. Investors also form their own opinion of Virgin Galactic's value that differs from its market value or its book value, called intrinsic value, which is Virgin Galactic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virgin Galactic's market value can be influenced by many factors that don't directly affect Virgin Galactic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virgin Galactic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Virgin Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

Virgin Galactic fundamental ratios Correlations

Virgin Galactic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Virgin Galactic fundamental ratios Accounts

Virgin Galactic Investors Sentiment

Virgin Galactic Implied Volatility

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Other Current Assets	+ 1.0	Total Current Liabilities
Common Stock Total Equity	+ 1.0	Non Currrent Assets Other
Total Liab	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Total Current Liabilities
Other Current Assets	+ 0.99	Cash And Short Term Investments

Other Current Assets	- 0.97	Common Stock Total Equity
Total Liab	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.96	Cash And Short Term Investments
Other Current Assets	- 0.96	Non Currrent Assets Other
Capital Surpluse	- 0.96	Retained Earnings
Net Receivables	- 0.96	Retained Earnings