Virgin Total Operating Expenses vs Net Interest Income 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 Total Operating Expenses and its Net Interest Income 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.
Total Operating Expenses vs Net Interest Income
Total Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Galactic Holdings Total Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Virgin Galactic's Total Operating Expenses and Net Interest Income is -0.14. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Interest Income 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 Total Operating Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Virgin Galactic Holdings are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Operating Expenses i.e., Virgin Galactic's Total Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 |
Virgin Galactic fundamental ratios Correlations
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Virgin Galactic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.