Virgin Galactic Holdings (SPCE) Ratios
Virgin Galactic Holdings Ratios
MX:SPCE's free cash flow for Q2 2026 was $-90.74M. For the 2026 fiscal year, MX:SPCE's free cash flow was decreased by $-40.57M and operating cash flow was $-50.17M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.78 | 4.19 | 5.12 | 5.44 | 5.16 |
| Quick Ratio | 1.78 | 4.19 | 5.12 | 5.31 | 4.93 |
| Cash Ratio | 0.69 | 1.19 | 1.17 | 1.64 | 4.18 |
| Solvency Ratio | -0.50 | -0.52 | -0.73 | -0.74 | -1.96 |
| Operating Cash Flow Ratio | -1.15 | -2.35 | -2.41 | -2.07 | -1.75 |
| Short-Term Operating Cash Flow Coverage | -4.27 | 0.00 | 0.00 | 0.00 | -91.79 |
| Net Current Asset Value | $ -156.32M | $ -11.01M | $ 276.79M | $ 341.90M | $ 504.02M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.47 | 0.44 | 0.42 | 0.42 | 0.04 |
| Debt-to-Equity Ratio | 1.37 | 1.30 | 0.97 | 0.99 | 0.05 |
| Debt-to-Capital Ratio | 0.58 | 0.57 | 0.49 | 0.50 | 0.05 |
| Long-Term Debt-to-Capital Ratio | 0.50 | 0.57 | 0.45 | 0.46 | 0.00 |
| Financial Leverage Ratio | 2.93 | 2.98 | 2.33 | 2.37 | 1.20 |
| Debt Service Coverage Ratio | -3.61 | -24.63 | -36.99 | -39.32 | -134.44 |
| Interest Coverage Ratio | -22.15 | -29.14 | -41.29 | -41.22 | -12781.40 |
| Debt to Market Cap | 2.02 | 2.86 | 0.51 | 0.45 | 0.00 |
| Interest Debt Per Share | 7.57 | 17.35 | 29.89 | 36.94 | 3.43 |
| Net Debt to EBITDA | -0.92 | -0.76 | -0.58 | -0.36 | 1.49 |
| Profitability Margins | |||||
| Gross Profit Margin | -5680.70% | -1179.48% | -643.21% | 17.56% | 91.74% |
| EBIT Margin | -17232.71% | -4743.31% | -7191.35% | -21082.35% | -10716.71% |
| EBITDA Margin | -16165.03% | -4523.48% | -6994.75% | -20602.34% | -10366.83% |
| Operating Profit Margin | -18335.04% | -5352.89% | -7816.31% | -21625.61% | -9706.41% |
| Pretax Profit Margin | -18060.56% | -4927.03% | -7380.65% | -21607.01% | -10717.50% |
| Net Profit Margin | -18063.92% | -4928.08% | -7387.31% | -21632.87% | -10719.90% |
| Continuous Operations Profit Margin | -18063.92% | -4928.08% | -7387.31% | -21632.87% | -10719.90% |
| Net Income Per EBT | 100.02% | 100.02% | 100.09% | 100.12% | 100.02% |
| EBT Per EBIT | 98.50% | 92.04% | 94.43% | 99.91% | 110.42% |
| Return on Assets (ROA) | -34.73% | -36.07% | -42.59% | -43.88% | -33.02% |
| Return on Equity (ROE) | -101.80% | -107.59% | -99.38% | -104.15% | -39.46% |
| Return on Capital Employed (ROCE) | -47.67% | -46.43% | -53.48% | -52.31% | -34.09% |
| Return on Invested Capital (ROIC) | -43.54% | -46.43% | -53.25% | -52.14% | -34.00% |
| Return on Tangible Assets | -34.73% | -36.07% | -42.59% | -43.88% | -33.02% |
| Earnings Yield | -169.56% | -236.30% | -60.79% | -54.45% | -10.65% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.77 | 0.00 | 0.00 | 0.00 | 1.43 |
| Payables Turnover | 5.89 | 24.36 | 1.56 | 0.12 | 0.03 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.08 | 0.01 |
| Fixed Asset Turnover | 0.00 | 0.03 | 0.04 | 0.02 | 0.04 |
| Asset Turnover | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Working Capital Turnover Ratio | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 |
| Cash Conversion Cycle | 410.79 | -14.99 | -234.11 | 1477.81 | 27671.61 |
| Days of Sales Outstanding | 472.80 | 0.00 | 0.00 | 0.00 | 255.01 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 4604.25 | 39811.84 |
| Days of Payables Outstanding | 62.01 | 14.99 | 234.11 | 3126.44 | 12395.24 |
| Operating Cycle | 472.80 | 0.00 | 0.00 | 4604.25 | 40066.85 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -4.69 | -14.13 | -26.58 | -28.81 | -18.64 |
| Free Cash Flow Per Share | -8.55 | -19.02 | -29.21 | -30.06 | -19.01 |
| Dividend Paid and CapEx Coverage Ratio | -1.21 | -2.89 | -10.12 | -23.06 | -49.79 |
| Capital Expenditure Coverage Ratio | -1.21 | -2.89 | -10.12 | -23.06 | -49.79 |
| Operating Cash Flow Coverage Ratio | -0.64 | -0.84 | -0.91 | -0.80 | -5.43 |
| Operating Cash Flow to Sales Ratio | -155.53 | -50.13 | -65.91 | -164.46 | -70.10 |
| Free Cash Flow Yield | -266.40% | -323.41% | -59.60% | -43.19% | -7.10% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -0.59 | -0.42 | -1.64 | -1.84 | -9.39 |
| Price-to-Sales (P/S) Ratio | 106.53 | 20.85 | 121.51 | 397.29 | 1006.42 |
| Price-to-Book (P/B) Ratio | 0.60 | 0.46 | 1.63 | 1.91 | 3.70 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -0.38 | -0.31 | -1.68 | -2.32 | -14.07 |
| Price-to-Operating Cash Flow Ratio | -0.68 | -0.42 | -1.84 | -2.42 | -14.36 |
| Price-to-Earnings Growth (PEG) Ratio | 0.01 | 0.01 | 0.08 | -0.06 | -0.65 |
| Enterprise Value Multiple | -1.58 | -1.22 | -2.31 | -2.29 | -8.22 |
| Enterprise Value | 394.71M | 388.25M | 1.10B | 1.09B | 2.81B |
| EV to EBITDA | -1.58 | -1.22 | -2.31 | -2.29 | -8.22 |
| EV to Sales | 255.64 | 55.18 | 161.85 | 472.16 | 852.25 |
| EV to Free Cash Flow | -0.90 | -0.82 | -2.23 | -2.75 | -11.92 |
| EV to Operating Cash Flow | -1.64 | -1.10 | -2.46 | -2.87 | -12.16 |
| Tangible Book Value Per Share | 5.35 | 12.91 | 29.98 | 36.39 | 72.23 |
| Shareholders’ Equity Per Share | 5.35 | 12.91 | 29.98 | 36.39 | 72.23 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Revenue Per Share | 0.03 | 0.28 | 0.40 | 0.18 | 0.27 |
| Net Income Per Share | -5.44 | -13.89 | -29.79 | -37.90 | -28.50 |
| Tax Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest Burden | 1.05 | 1.04 | 1.03 | 1.02 | 1.00 |
| Research & Development to Revenue | 52.12 | 21.70 | 43.40 | 135.89 | 45.38 |
| SG&A to Revenue | 74.43 | 17.84 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 12.11 | 4.23 | 6.51 | 19.77 | 18.77 |
| Income Quality | 0.86 | 1.02 | 0.89 | 0.76 | 0.65 |
Currency in USD
