Virgin Galactic Holdings, Inc. (BMV:SPCE)

Virgin Galactic Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	178.61	216.8	302.29	524.48	665.92
Short-Term Investments	384.62	657.24	606.72	79.42	-
Cash & Short-Term Investments	563.23	874.04	909.01	603.9	665.92
Cash Growth	-35.56%	-3.85%	50.52%	-9.31%	38.61%
Other Receivables	4.2	4.6	4.5	2.3	-
Receivables	4.2	4.6	4.5	2.3	-
Inventory	-	-	24.04	29.67	30.48
Prepaid Expenses	-	-	23.73	17.18	18.49
Restricted Cash	32.28	36.79	40.34	25.55	13.03
Other Current Assets	28.23	35.4	-	-	-
Total Current Assets	627.94	950.83	1,002	678.59	727.93
Property, Plant & Equipment	267.15	152.33	102.12	82.98	72.7
Long-Term Investments	61.28	71.6	30.39	301.46	-
Other Long-Term Assets	4.86	4.76	5.81	5.8	3.36
Total Assets	961.23	1,180	1,140	1,069	803.99
Accounts Payable	3.7	32.42	16.33	9.24	6
Accrued Expenses	49.53	41.68	61.85	28.79	22.98
Current Portion of Long-Term Debt	-	-	-	-	0.31
Current Portion of Leases	5.85	4.35	3.02	2.2	2.38
Current Unearned Revenue	84.49	97.84	102.65	90.86	83.21
Other Current Liabilities	6.44	9.38	0.21	0.43	0.14
Total Current Liabilities	150.01	185.66	184.05	131.52	115.02
Long-Term Debt	420.12	417.89	415.72	-	0.31
Long-Term Leases	67.63	68.86	56.65	39.97	24.15
Other Long-Term Liabilities	1.19	1.63	3.3	3.08	137.43
Total Liabilities	638.95	674.04	659.72	174.57	276.91
Common Stock	0	0	0.03	0.03	0.02
Additional Paid-In Capital	2,795	2,631	2,111	2,020	1,298
Retained Earnings	-2,473	-2,126	-1,624	-1,124	-770.74
Comprehensive Income & Other	0.28	0.37	-7.33	-1.87	0.01
Shareholders' Equity	322.28	505.48	480.22	894.26	527.08
Total Liabilities & Equity	961.23	1,180	1,140	1,069	803.99
Total Debt	493.59	491.1	475.39	42.17	27.15
Net Cash (Debt)	130.92	454.53	464.01	863.19	638.77
Net Cash Growth	-71.20%	-2.04%	-46.24%	35.13%	40.11%
Net Cash Per Share	5.25	26.95	35.16	69.72	58.31
Filing Date Shares Outstanding	35.53	20	14.01	12.91	11.85
Total Common Shares Outstanding	33	20	13.77	12.91	11.81
Working Capital	477.93	765.17	817.56	547.07	612.91
Book Value Per Share	9.77	25.28	34.87	69.28	44.64
Tangible Book Value	322.28	505.48	480.22	894.26	527.08
Tangible Book Value Per Share	9.77	25.28	34.87	69.28	44.64
Land	1.3	1.3	1.3	-	-
Buildings	10.11	9.09	9.12	9.12	9.14
Machinery	47.12	44.06	37.42	37.2	34.53
Construction In Progress	117.81	34.58	4.34	2.9	1.78
Leasehold Improvements	77.59	37.14	31.09	29.16	28.74

Source: S&P Capital IQ. Standard template. Financial Sources.