Virgin Galactic (SPCE)

Net assets on the balance sheet as of September 2024 : £0.29 Billion

According to Virgin Galactic 's latest financial reports the company has £0.29 Billion 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	$£0.39 B	-0.05%
2022-12-31	$£0.39 B	-40.08%
2021-12-31	$£0.66 B	71.33%
2020-12-31	$£0.38 B	47.73%
2019-12-31	$£0.26 B	-51.14%
2018-12-31	$£0.53 B	8.22%
2017-12-31	$£0.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Astrotech ASTC	£25.57 M	-91.24%	🇺🇸 USA
Aerojet Rocketdyne AJRD	£0.44 B	53.77%	🇺🇸 USA
Virgin Orbit VORB	£38.62 M	-86.77%	🇺🇸 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 September 2024 : £0.29 Billion