Virgin Galactic (SPCE)

Net assets on the balance sheet as of June 2024 : A$0.59 B

According to Virgin Galactic 's latest financial reports the company has A$0.59 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Virgin Galactic - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.74 B	5.14%
2022-12-31	$A$0.70 B	-42.62%
2021-12-31	$A$1.22 B	79.8%
2020-12-31	$A$0.68 B	40.09%
2019-12-31	$A$0.48 B	-49.4%
2018-12-31	$A$0.96 B	12.6%
2017-12-31	$A$0.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Astrotech ASTC	A$56.35 M	-90.48%	🇺🇸 USA
Aerojet Rocketdyne AJRD	A$0.84 B	42.54%	🇺🇸 USA
Virgin Orbit VORB	A$72.62 M	-87.74%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Virgin Galactic (SPCE) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.59 B