Virgin Net Income vs Gross Profit Analysis

SPCE Stock

USD 7.15 0.43 6.40%

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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Galactic Holdings Net Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Virgin Galactic's Net Income and Gross Profit is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Virgin Galactic Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Virgin Galactic's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Virgin Galactic Holdings financial statement analysis. It represents the amount of money remaining after all of Virgin Galactic Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Virgin Galactic Holdings minus its cost of goods sold. It is profit before Virgin Galactic operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Income	1.2M	12.5M	34.8M	36.5M
Net Interest Income	1.2M	372K	21.9M	23.0M

Interest Income Net Interest Income

Virgin Galactic fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.83	0.21	0.84	-0.2	-0.23	0.72	0.17	-0.93	0.8	0.47	-0.57	-0.69	0.52	0.84	0.93	-0.72	-0.89	-0.06	0.82	0.92	0.47	0.94	0.94	0.85	0.94
Short Long Term Debt Total	0.83		0.31	0.77	-0.65	-0.2	0.5	0.45	-0.95	0.93	0.33	-0.6	-0.63	0.08	0.77	0.93	-0.67	-0.74	0.08	1.0	0.85	0.36	0.82	0.78	0.99	0.72
Other Current Liab	0.21	0.31		0.01	-0.25	-0.39	-0.26	0.52	-0.13	0.01	-0.33	0.11	0.17	-0.36	0.03	0.19	0.15	-0.01	0.74	0.33	-0.05	-0.43	0.17	0.03	0.24	0.28
Total Current Liabilities	0.84	0.77	0.01		-0.45	0.22	0.89	-0.18	-0.85	0.79	0.79	-0.92	-0.95	0.53	0.99	0.8	-0.96	-0.88	-0.38	0.73	0.9	0.73	0.97	0.96	0.84	0.6
Total Stockholder Equity	-0.2	-0.65	-0.25	-0.45		-0.17	-0.07	-0.36	0.43	-0.57	-0.14	0.54	0.39	0.48	-0.43	-0.38	0.4	0.18	-0.08	-0.65	-0.32	-0.13	-0.37	-0.28	-0.63	0.02
Other Liab	-0.23	-0.2	-0.39	0.22	-0.17		0.3	-0.54	0.13	-0.06	0.41	-0.39	-0.37	0.14	0.15	-0.15	-0.34	0.15	-0.52	-0.23	-0.01	0.38	0.01	0.02	-0.12	-0.47
Net Tangible Assets	0.72	0.5	-0.26	0.89	-0.07	0.3		-0.51	-0.7	0.62	0.93	-0.85	-0.94	0.83	0.89	0.63	-0.94	-0.88	-0.61	0.45	0.84	0.86	0.84	0.88	0.59	0.51
Net Debt	0.17	0.45	0.52	-0.18	-0.36	-0.54	-0.51		-0.25	0.29	-0.69	0.4	0.4	-0.65	-0.2	0.33	0.35	0.15	0.73	0.5	0.02	-0.57	-0.04	-0.09	0.34	0.34
Retained Earnings	-0.93	-0.95	-0.13	-0.85	0.43	0.13	-0.7	-0.25		-0.96	-0.49	0.66	0.75	-0.37	-0.85	-0.96	0.78	0.87	0.07	-0.93	-0.96	-0.5	-0.9	-0.91	-0.97	-0.82
Accounts Payable	0.8	0.93	0.01	0.79	-0.57	-0.06	0.62	0.29	-0.96		0.46	-0.66	-0.73	0.22	0.78	0.88	-0.76	-0.78	-0.08	0.93	0.9	0.45	0.79	0.81	0.95	0.66
Cash	0.47	0.33	-0.33	0.79	-0.14	0.41	0.93	-0.69	-0.49	0.46		-0.9	-0.92	0.75	0.8	0.39	-0.91	-0.76	-0.72	0.27	0.67	0.9	0.67	0.7	0.44	0.2
Non Current Assets Total	-0.57	-0.6	0.11	-0.92	0.54	-0.39	-0.85	0.4	0.66	-0.66	-0.9		0.97	-0.45	-0.92	-0.56	0.96	0.76	0.54	-0.56	-0.75	-0.81	-0.8	-0.79	-0.69	-0.26
Non Currrent Assets Other	-0.69	-0.63	0.17	-0.95	0.39	-0.37	-0.94	0.4	0.75	-0.73	-0.92	0.97		-0.61	-0.95	-0.66	1.0	0.85	0.56	-0.59	-0.85	-0.85	-0.86	-0.87	-0.72	-0.41
Other Assets	0.52	0.08	-0.36	0.53	0.48	0.14	0.83	-0.65	-0.37	0.22	0.75	-0.45	-0.61		0.54	0.34	-0.61	-0.68	-0.6	0.03	0.56	0.7	0.53	0.61	0.17	0.45
Cash And Short Term Investments	0.84	0.77	0.03	0.99	-0.43	0.15	0.89	-0.2	-0.85	0.78	0.8	-0.92	-0.95	0.54		0.78	-0.96	-0.91	-0.38	0.73	0.9	0.74	0.97	0.96	0.83	0.61
Net Receivables	0.93	0.93	0.19	0.8	-0.38	-0.15	0.63	0.33	-0.96	0.88	0.39	-0.56	-0.66	0.34	0.78		-0.7	-0.81	-0.08	0.92	0.94	0.49	0.88	0.85	0.94	0.86
Common Stock Total Equity	-0.72	-0.67	0.15	-0.96	0.4	-0.34	-0.94	0.35	0.78	-0.76	-0.91	0.96	1.0	-0.61	-0.96	-0.7		0.87	0.53	-0.62	-0.87	-0.84	-0.88	-0.89	-0.75	-0.45
Common Stock Shares Outstanding	-0.89	-0.74	-0.01	-0.88	0.18	0.15	-0.88	0.15	0.87	-0.78	-0.76	0.76	0.85	-0.68	-0.91	-0.81	0.87		0.33	-0.71	-0.93	-0.71	-0.92	-0.93	-0.8	-0.76
Short Term Investments	-0.06	0.08	0.74	-0.38	-0.08	-0.52	-0.61	0.73	0.07	-0.08	-0.72	0.54	0.56	-0.6	-0.38	-0.08	0.53	0.33		0.13	-0.34	-0.87	-0.24	-0.28	-0.02	0.13
Non Current Liabilities Total	0.82	1.0	0.33	0.73	-0.65	-0.23	0.45	0.5	-0.93	0.93	0.27	-0.56	-0.59	0.03	0.73	0.92	-0.62	-0.71	0.13		0.83	0.31	0.79	0.75	0.98	0.72
Capital Surpluse	0.92	0.85	-0.05	0.9	-0.32	-0.01	0.84	0.02	-0.96	0.9	0.67	-0.75	-0.85	0.56	0.9	0.94	-0.87	-0.93	-0.34	0.83		0.71	0.92	0.94	0.9	0.78
Inventory	0.47	0.36	-0.43	0.73	-0.13	0.38	0.86	-0.57	-0.5	0.45	0.9	-0.81	-0.85	0.7	0.74	0.49	-0.84	-0.71	-0.87	0.31	0.71		0.64	0.65	0.45	0.24
Other Current Assets	0.94	0.82	0.17	0.97	-0.37	0.01	0.84	-0.04	-0.9	0.79	0.67	-0.8	-0.86	0.53	0.97	0.88	-0.88	-0.92	-0.24	0.79	0.92	0.64		0.98	0.87	0.76
Other Stockholder Equity	0.94	0.78	0.03	0.96	-0.28	0.02	0.88	-0.09	-0.91	0.81	0.7	-0.79	-0.87	0.61	0.96	0.85	-0.89	-0.93	-0.28	0.75	0.94	0.65	0.98		0.84	0.78
Total Liab	0.85	0.99	0.24	0.84	-0.63	-0.12	0.59	0.34	-0.97	0.95	0.44	-0.69	-0.72	0.17	0.83	0.94	-0.75	-0.8	-0.02	0.98	0.9	0.45	0.87	0.84		0.72
Net Invested Capital	0.94	0.72	0.28	0.6	0.02	-0.47	0.51	0.34	-0.82	0.66	0.2	-0.26	-0.41	0.45	0.61	0.86	-0.45	-0.76	0.13	0.72	0.78	0.24	0.76	0.78	0.72

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Virgin Galactic Account Relationship Matchups

Virgin Galactic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	605.5M	804.0M	1.1B	1.1B	1.2B	973.7M
Short Long Term Debt Total	24.5M	27.5M	42.5M	415.7M	417.9M	438.8M
Other Current Liab	23.0M	30.4M	31.4M	167.7M	55.4M	61.4M
Total Current Liabilities	115.8M	115.0M	131.5M	184.1M	185.7M	115.2M
Total Stockholder Equity	467.6M	662.5M	894.3M	480.2M	505.5M	498.2M
Other Liab	124.3M	1.8M	43.0M	3.0M	2.7M	2.5M
Net Tangible Assets	467.6M	662.5M	894.3M	480.2M	552.3M	471.0M
Net Debt	(455.9M)	(638.4M)	(482.0M)	113.4M	201.1M	211.1M
Retained Earnings	(121.7M)	(394.7M)	(1.1B)	(1.6B)	(2.1B)	(2.0B)
Accounts Payable	7.0M	6.0M	9.2M	16.3M	32.4M	34.0M
Cash	480.4M	665.9M	524.5M	302.3M	216.8M	344.3M
Non Current Assets Total	68.9M	76.1M	390.2M	138.3M	228.7M	262.7M
Non Currrent Assets Other	2.6M	3.0M	41.3M	54.3M	63.3M	60.1M
Other Assets	2.6M	22.9M	41.3M	5.8M	6.7M	6.3M
Cash And Short Term Investments	480.4M	665.9M	603.9M	909.0M	874.0M	555.4M
Net Receivables	461K	540K	25.5M	40.3M	36.8M	38.6M
Common Stock Total Equity	675.0M	20K	23K	26K	23.4K	22.2K
Liabilities And Stockholders Equity	605.5M	804.0M	1.1B	1.1B	1.2B	973.7M
Non Current Liabilities Total	22.1M	26.5M	43.0M	475.7M	488.4M	512.8M
Inventory	26.8M	30.5M	29.7M	24.0M	16.3M	25.3M
Other Current Assets	16.7M	31.0M	45.0M	68.6M	60.5M	34.9M
Other Stockholder Equity	589.2M	1.3B	2.0B	2.1B	2.6B	1.4B
Total Liab	138.0M	141.5M	174.6M	659.7M	674.0M	707.7M
Net Invested Capital	467.6M	663.1M	894.3M	895.9M	923.4M	816.2M
Total Current Assets	536.7M	727.9M	678.6M	1.0B	950.8M	612.5M
Net Working Capital	420.8M	612.9M	547.1M	817.6M	765.2M	497.3M
Short Term Debt	2.4M	2.8M	28.8M	3.0M	50.9M	53.4M
Common Stock	20K	23K	26K	28K	40K	38K
Property Plant Equipment	61.2M	53.1M	47.5M	102.1M	117.4M	59.8M
Current Deferred Revenue	83.4M	83.2M	90.9M	102.6M	97.8M	83.8M
Capital Stock	20K	23K	26K	28K	40K	38K

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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:

How To Invest In Virgin

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Is Virgin Stock a good investment?

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What is Virgin Galactic's Net Worth?

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Largest Aerospace & Defense Companies

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Largest Industrials Companies

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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.

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Virgin Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Virgin Galactic fundamental ratios Correlations

Virgin Galactic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Virgin Galactic fundamental ratios Accounts

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Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Common Stock Total Equity	+ 1.0	Non Currrent Assets Other
Total Liab	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Non Current Liabilities Total
Other Stockholder Equity	+ 0.98	Other Current Assets

Total Liab	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.96	Cash And Short Term Investments
Capital Surpluse	- 0.96	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Accounts Payable	- 0.96	Retained Earnings
Common Stock Total Equity	- 0.96	Total Current Liabilities