Virgin Galactic Holdings, Inc. (SPCE)

Virgin Galactic Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	172.36	216.8	302.29	524.48	665.92	480.44
Short-Term Investments	478.74	657.24	606.72	79.42	-	-
Cash & Short-Term Investments	651.1	874.04	909.01	603.9	665.92	480.44
Cash Growth	-34.70%	-3.85%	50.52%	-9.31%	38.61%	549.34%
Accounts Receivable	-	-	-	-	-	0.46
Other Receivables	4.5	4.6	4.5	2.3	-	-
Receivables	4.5	4.6	4.5	2.3	-	0.46
Inventory	-	16.3	24.04	29.67	30.48	31.86
Prepaid Expenses	-	19.1	23.73	17.18	18.49	16.67
Restricted Cash	32.36	36.79	40.34	25.55	13.03	12.28
Total Current Assets	713.25	950.83	1,002	678.59	727.93	541.71
Property, Plant & Equipment	239.01	152.33	102.12	82.98	72.7	61.22
Long-Term Investments	60.43	71.6	30.39	301.46	-	-
Other Long-Term Assets	3.62	4.76	5.81	5.8	3.36	2.62
Total Assets	1,016	1,180	1,140	1,069	803.99	605.55
Accounts Payable	8.08	32.42	16.33	9.24	6	7.04
Accrued Expenses	47.81	50.61	61.85	28.79	22.98	23.04
Current Portion of Long-Term Debt	-	-	-	-	0.31	-
Current Portion of Leases	5.11	4.61	3.02	2.2	2.38	2.4
Current Unearned Revenue	86.14	97.84	102.65	90.86	83.21	83.36
Other Current Liabilities	10.76	0.19	0.21	0.43	0.14	-
Total Current Liabilities	157.91	185.66	184.05	131.52	115.02	115.85
Long-Term Debt	419.56	417.89	415.72	-	0.31	-
Long-Term Leases	68.27	69.22	56.65	39.97	24.15	22.14
Other Long-Term Liabilities	4.59	1.27	3.3	3.08	137.43	124.33
Total Liabilities	650.32	674.04	659.72	174.57	276.91	262.32
Common Stock	0	0.04	0.03	0.03	0.02	0.02
Additional Paid-In Capital	2,761	2,631	2,111	2,020	1,298	469.01
Retained Earnings	-2,396	-2,126	-1,624	-1,124	-770.74	-125.86
Comprehensive Income & Other	1.24	0.37	-7.33	-1.87	0.01	0.06
Shareholders' Equity	365.99	505.48	480.22	894.26	527.08	343.23
Total Liabilities & Equity	1,016	1,180	1,140	1,069	803.99	605.55
Total Debt	492.94	491.72	475.39	42.17	27.15	24.54
Net Cash (Debt)	218.6	453.92	464.01	863.19	638.77	455.9
Net Cash Growth	-60.86%	-2.18%	-46.24%	35.13%	40.11%	516.63%
Net Cash Per Share	9.76	26.92	35.16	69.72	58.31	46.91
Filing Date Shares Outstanding	28.88	20	14.01	12.91	11.85	9.79
Total Common Shares Outstanding	28.86	20	13.77	12.91	11.81	9.8
Working Capital	555.34	765.17	817.56	547.07	612.91	425.86
Book Value Per Share	12.68	25.28	34.87	69.28	44.64	35.02
Tangible Book Value	365.99	505.48	480.22	894.26	527.08	343.23
Tangible Book Value Per Share	12.68	25.28	34.87	69.28	44.64	35.02
Land	1.3	1.3	1.3	-	-	-
Buildings	10.11	9.09	9.12	9.12	9.14	9.14
Machinery	46.81	44.06	37.42	37.2	34.53	28.64
Construction In Progress	89	34.58	4.34	2.9	1.78	3.41
Leasehold Improvements	75.42	37.14	31.09	29.16	28.74	20.05

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