Virgin Total Stockholder Equity vs Non Currrent Assets Other Analysis

SPCE Stock  USD 0.95  0.08  7.77%   
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 Total Stockholder Equity and its Non Currrent Assets Other 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.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Galactic Holdings Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Virgin Galactic's Total Stockholder Equity and Non Currrent Assets Other is 0.39. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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 Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Virgin Galactic Holdings are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Virgin Galactic's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Income1.2M12.5M34.8M36.5M
Net Interest Income1.2M372K21.9M23.0M

Virgin Galactic fundamental ratios Correlations

0.83-0.530.84-0.2-0.230.720.17-0.930.80.47-0.57-0.690.520.840.93-0.720.79-0.060.820.920.470.820.950.850.94
0.83-0.450.77-0.65-0.20.50.45-0.950.930.33-0.6-0.630.080.770.93-0.670.710.081.00.850.360.750.790.990.72
-0.53-0.45-0.670.15-0.27-0.750.290.61-0.64-0.680.640.73-0.58-0.66-0.590.73-0.880.77-0.42-0.77-0.84-0.65-0.65-0.52-0.37
0.840.77-0.67-0.450.220.89-0.18-0.850.790.79-0.92-0.950.530.990.8-0.960.92-0.380.730.90.731.00.950.840.6
-0.2-0.650.15-0.45-0.17-0.07-0.360.43-0.57-0.140.540.390.48-0.43-0.380.4-0.37-0.08-0.65-0.32-0.13-0.43-0.28-0.630.02
-0.23-0.2-0.270.22-0.170.3-0.540.13-0.060.41-0.39-0.370.140.15-0.15-0.340.17-0.52-0.23-0.010.380.220.03-0.12-0.47
0.720.5-0.750.89-0.070.3-0.51-0.70.620.93-0.85-0.940.830.890.63-0.940.85-0.610.450.840.860.90.860.590.51
0.170.450.29-0.18-0.36-0.54-0.51-0.250.29-0.690.40.4-0.65-0.20.330.35-0.170.730.50.02-0.57-0.22-0.060.340.34
-0.93-0.950.61-0.850.430.13-0.7-0.25-0.96-0.490.660.75-0.37-0.85-0.960.78-0.820.07-0.93-0.96-0.5-0.83-0.91-0.97-0.82
0.80.93-0.640.79-0.57-0.060.620.29-0.960.46-0.66-0.730.220.780.88-0.760.78-0.080.930.90.450.760.820.950.66
0.470.33-0.680.79-0.140.410.93-0.69-0.490.46-0.9-0.920.750.80.39-0.910.74-0.720.270.670.90.810.670.440.2
-0.57-0.60.64-0.920.54-0.39-0.850.40.66-0.66-0.90.97-0.45-0.92-0.560.96-0.830.54-0.56-0.75-0.81-0.93-0.76-0.69-0.26
-0.69-0.630.73-0.950.39-0.37-0.940.40.75-0.73-0.920.97-0.61-0.95-0.661.0-0.880.56-0.59-0.85-0.85-0.96-0.85-0.72-0.41
0.520.08-0.580.530.480.140.83-0.65-0.370.220.75-0.45-0.610.540.34-0.610.55-0.60.030.560.70.550.590.170.45
0.840.77-0.660.99-0.430.150.89-0.2-0.850.780.8-0.92-0.950.540.78-0.960.91-0.380.730.90.740.990.950.830.61
0.930.93-0.590.8-0.38-0.150.630.33-0.960.880.39-0.56-0.660.340.78-0.70.8-0.080.920.940.490.780.870.940.86
-0.72-0.670.73-0.960.4-0.34-0.940.350.78-0.76-0.910.961.0-0.61-0.96-0.7-0.890.53-0.62-0.87-0.84-0.97-0.87-0.75-0.45
0.790.71-0.880.92-0.370.170.85-0.17-0.820.780.74-0.83-0.880.550.910.8-0.89-0.570.680.920.820.910.90.780.58
-0.060.080.77-0.38-0.08-0.52-0.610.730.07-0.08-0.720.540.56-0.6-0.38-0.080.53-0.570.13-0.34-0.87-0.4-0.25-0.020.13
0.821.0-0.420.73-0.65-0.230.450.5-0.930.930.27-0.56-0.590.030.730.92-0.620.680.130.830.310.710.760.980.72
0.920.85-0.770.9-0.32-0.010.840.02-0.960.90.67-0.75-0.850.560.90.94-0.870.92-0.340.830.710.890.940.90.78
0.470.36-0.840.73-0.130.380.86-0.57-0.50.450.9-0.81-0.850.70.740.49-0.840.82-0.870.310.710.760.620.450.24
0.820.75-0.651.0-0.430.220.9-0.22-0.830.760.81-0.93-0.960.550.990.78-0.970.91-0.40.710.890.760.940.820.58
0.950.79-0.650.95-0.280.030.86-0.06-0.910.820.67-0.76-0.850.590.950.87-0.870.9-0.250.760.940.620.940.840.79
0.850.99-0.520.84-0.63-0.120.590.34-0.970.950.44-0.69-0.720.170.830.94-0.750.78-0.020.980.90.450.820.840.72
0.940.72-0.370.60.02-0.470.510.34-0.820.660.2-0.26-0.410.450.610.86-0.450.580.130.720.780.240.580.790.72
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Virgin Galactic Account Relationship Matchups

Virgin Galactic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets605.5M804.0M1.1B1.1B1.2B973.7M
Short Long Term Debt Total24.5M27.5M42.5M415.7M417.9M438.8M
Other Current Liab23.0M23.0M2.6M62.1M4.5M4.3M
Total Current Liabilities115.8M115.0M131.5M184.1M185.7M115.2M
Total Stockholder Equity467.6M662.5M894.3M480.2M505.5M498.2M
Other Liab124.3M1.8M43.0M3.0M2.7M2.5M
Net Tangible Assets467.6M662.5M894.3M480.2M552.3M471.0M
Net Debt(455.9M)(638.4M)(482.0M)113.4M201.1M211.1M
Retained Earnings(121.7M)(394.7M)(1.1B)(1.6B)(2.1B)(2.0B)
Accounts Payable7.0M6.0M9.2M16.3M32.4M34.0M
Cash480.4M665.9M524.5M302.3M216.8M344.3M
Non Current Assets Total68.9M76.1M390.2M138.3M228.7M262.7M
Non Currrent Assets Other2.6M3.0M41.3M54.3M63.3M60.1M
Other Assets2.6M22.9M41.3M5.8M6.7M6.3M
Cash And Short Term Investments480.4M665.9M603.9M909.0M874.0M555.4M
Net Receivables461K540K25.5M40.3M36.8M38.6M
Common Stock Total Equity675.0M20K23K26K23.4K22.2K
Common Stock Shares Outstanding194.4M219.1M247.6M263.9M337.3M232.0M
Liabilities And Stockholders Equity605.5M804.0M1.1B1.1B1.2B973.7M
Non Current Liabilities Total22.1M26.5M43.0M475.7M488.4M512.8M
Inventory26.8M30.5M29.7M24.0M16.3M25.3M
Other Current Assets16.7M17.9M19.5M28.2M23.7M16.7M
Other Stockholder Equity589.2M1.1B2.0B2.1B2.6B1.3B
Total Liab138.0M141.5M174.6M659.7M674.0M707.7M
Net Invested Capital467.6M663.1M894.3M895.9M923.4M816.2M
Total Current Assets536.7M727.9M678.6M1.0B950.8M612.5M
Net Working Capital420.8M612.9M547.1M817.6M765.2M497.3M
Short Term Debt2.4M2.8M28.8M3.0M50.9M53.4M
Common Stock20K23K26K28K40K38K
Property Plant Equipment61.2M53.1M47.5M102.1M117.4M59.8M
Current Deferred Revenue83.4M83.2M90.9M102.6M97.8M83.8M
Capital Stock20K23K26K28K40K38K

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

    
  144.92  
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.

Currently Active Assets on Macroaxis

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:
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Virgin Stock analysis

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
(1.17)
Revenue Per Share
0.023
Quarterly Revenue Growth
4.064
Return On Assets
(0.28)
Return On Equity
(1.13)
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.