Virgin Other Stockholder Equity vs Net Receivables Analysis

SPCE Stock  USD 6.49  0.08  1.22%   
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 Other Stockholder Equity and its Net Receivables 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Galactic Holdings Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Virgin Galactic's Other Stockholder Equity and Net Receivables is 0.85. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables 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 Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Virgin Galactic Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Virgin Galactic's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Net Receivables

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 closely tied 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

0.830.210.84-0.2-0.230.720.17-0.930.80.47-0.57-0.690.520.840.93-0.72-0.89-0.060.820.920.470.940.940.850.94
0.830.310.77-0.65-0.20.50.45-0.950.930.33-0.6-0.630.080.770.93-0.67-0.740.081.00.850.360.820.780.990.72
0.210.310.01-0.25-0.39-0.260.52-0.130.01-0.330.110.17-0.360.030.190.15-0.010.740.33-0.05-0.430.170.030.240.28
0.840.770.01-0.450.220.89-0.18-0.850.790.79-0.92-0.950.530.990.8-0.96-0.88-0.380.730.90.730.970.960.840.6
-0.2-0.65-0.25-0.45-0.17-0.07-0.360.43-0.57-0.140.540.390.48-0.43-0.380.40.18-0.08-0.65-0.32-0.13-0.37-0.28-0.630.02
-0.23-0.2-0.390.22-0.170.3-0.540.13-0.060.41-0.39-0.370.140.15-0.15-0.340.15-0.52-0.23-0.010.380.010.02-0.12-0.47
0.720.5-0.260.89-0.070.3-0.51-0.70.620.93-0.85-0.940.830.890.63-0.94-0.88-0.610.450.840.860.840.880.590.51
0.170.450.52-0.18-0.36-0.54-0.51-0.250.29-0.690.40.4-0.65-0.20.330.350.150.730.50.02-0.57-0.04-0.090.340.34
-0.93-0.95-0.13-0.850.430.13-0.7-0.25-0.96-0.490.660.75-0.37-0.85-0.960.780.870.07-0.93-0.96-0.5-0.9-0.91-0.97-0.82
0.80.930.010.79-0.57-0.060.620.29-0.960.46-0.66-0.730.220.780.88-0.76-0.78-0.080.930.90.450.790.810.950.66
0.470.33-0.330.79-0.140.410.93-0.69-0.490.46-0.9-0.920.750.80.39-0.91-0.76-0.720.270.670.90.670.70.440.2
-0.57-0.60.11-0.920.54-0.39-0.850.40.66-0.66-0.90.97-0.45-0.92-0.560.960.760.54-0.56-0.75-0.81-0.8-0.79-0.69-0.26
-0.69-0.630.17-0.950.39-0.37-0.940.40.75-0.73-0.920.97-0.61-0.95-0.661.00.850.56-0.59-0.85-0.85-0.86-0.87-0.72-0.41
0.520.08-0.360.530.480.140.83-0.65-0.370.220.75-0.45-0.610.540.34-0.61-0.68-0.60.030.560.70.530.610.170.45
0.840.770.030.99-0.430.150.89-0.2-0.850.780.8-0.92-0.950.540.78-0.96-0.91-0.380.730.90.740.970.960.830.61
0.930.930.190.8-0.38-0.150.630.33-0.960.880.39-0.56-0.660.340.78-0.7-0.81-0.080.920.940.490.880.850.940.86
-0.72-0.670.15-0.960.4-0.34-0.940.350.78-0.76-0.910.961.0-0.61-0.96-0.70.870.53-0.62-0.87-0.84-0.88-0.89-0.75-0.45
-0.89-0.74-0.01-0.880.180.15-0.880.150.87-0.78-0.760.760.85-0.68-0.91-0.810.870.33-0.71-0.93-0.71-0.92-0.93-0.8-0.76
-0.060.080.74-0.38-0.08-0.52-0.610.730.07-0.08-0.720.540.56-0.6-0.38-0.080.530.330.13-0.34-0.87-0.24-0.28-0.020.13
0.821.00.330.73-0.65-0.230.450.5-0.930.930.27-0.56-0.590.030.730.92-0.62-0.710.130.830.310.790.750.980.72
0.920.85-0.050.9-0.32-0.010.840.02-0.960.90.67-0.75-0.850.560.90.94-0.87-0.93-0.340.830.710.920.940.90.78
0.470.36-0.430.73-0.130.380.86-0.57-0.50.450.9-0.81-0.850.70.740.49-0.84-0.71-0.870.310.710.640.650.450.24
0.940.820.170.97-0.370.010.84-0.04-0.90.790.67-0.8-0.860.530.970.88-0.88-0.92-0.240.790.920.640.980.870.76
0.940.780.030.96-0.280.020.88-0.09-0.910.810.7-0.79-0.870.610.960.85-0.89-0.93-0.280.750.940.650.980.840.78
0.850.990.240.84-0.63-0.120.590.34-0.970.950.44-0.69-0.720.170.830.94-0.75-0.8-0.020.980.90.450.870.840.72
0.940.720.280.60.02-0.470.510.34-0.820.660.2-0.26-0.410.450.610.86-0.45-0.760.130.720.780.240.760.780.72
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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 Liab23.0M30.4M31.4M167.7M55.4M61.4M
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
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 Assets16.7M31.0M45.0M68.6M60.5M34.9M
Other Stockholder Equity589.2M1.3B2.0B2.1B2.6B1.4B
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

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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:
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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Aerospace & Defense space 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
(16.26)
Revenue Per Share
0.421
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.22)
Return On Equity
(0.78)
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.