Virgin Fixed Asset Turnover from 2010 to 2024

SPCE Stock  USD 6.72  0.04  0.60%   
Virgin Galactic's Fixed Asset Turnover is decreasing over the years with stable fluctuation. Fixed Asset Turnover is expected to dwindle to 0.06. During the period from 2010 to 2024 Virgin Galactic Fixed Asset Turnover annual values regression line had geometric mean of  0.05 and mean square error of  0.0003. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.07249003
Current Value
0.0614
Quarterly Volatility
0.01759101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virgin Galactic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virgin Galactic's main balance sheet or income statement drivers, such as Interest Expense of 13.5 M, Other Operating Expenses of 313.9 M or Total Operating Expenses of 305.2 M, as well as many indicators such as Price To Sales Ratio of 115, Dividend Yield of 0.0 or PTB Ratio of 1.55. Virgin financial statements analysis is a perfect complement when working with Virgin Galactic Valuation or Volatility modules.
  
Check out the analysis of Virgin Galactic Correlation against competitors.

Latest Virgin Galactic's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Virgin Galactic Holdings over the last few years. It is Virgin Galactic's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virgin Galactic's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Virgin Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation29.71
Mean Deviation0.01
Median0.06
Standard Deviation0.02
Sample Variance0.0003
Range0.08
R-Value(0.16)
Mean Square Error0.0003
R-Squared0.03
Significance0.56
Slope(0.0006)
Total Sum of Squares0

Virgin Fixed Asset Turnover History

2024 0.0614
2023 0.0725
2022 0.0431
2021 0.0693
2020 0.003258
2019 0.0571
2018 0.0833

About Virgin Galactic Financial Statements

Virgin Galactic stakeholders use historical fundamental indicators, such as Virgin Galactic's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Virgin Galactic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virgin Galactic's assets and liabilities are reflected in the revenues and expenses on Virgin Galactic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Virgin Galactic Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.07  0.06 

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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 the analysis of Virgin Galactic Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.