Virgin Galactic (SPCE)

Net assets on the balance sheet as of September 2024 : HK$2.84 Billion

According to Virgin Galactic 's latest financial reports the company has HK$2.84 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	$HK$3.94 B	5.22%
2022-12-31	$HK$3.75 B	-46.19%
2021-12-31	$HK$6.97 B	70.66%
2020-12-31	$HK$4.08 B	52.86%
2019-12-31	$HK$2.67 B	-49.8%
2018-12-31	$HK$5.32 B	1.87%
2017-12-31	$HK$5.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Astrotech ASTC	HK$0.27 B	-90.49%	🇺🇸 USA
Aerojet Rocketdyne AJRD	HK$4.38 B	53.77%	🇺🇸 USA
Virgin Orbit VORB	HK$0.37 B	-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 : HK$2.84 Billion