Virgin Galactic (SPCE)

Net assets on the balance sheet as of September 2024 : NZ$0.62 Billion

According to Virgin Galactic 's latest financial reports the company has NZ$0.62 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	$NZ$0.79 B	5.67%
2022-12-31	$NZ$0.75 B	-42.23%
2021-12-31	$NZ$1.30 B	79.23%
2020-12-31	$NZ$0.73 B	43.34%
2019-12-31	$NZ$0.50 B	-49.73%
2018-12-31	$NZ$1.01 B	7.61%
2017-12-31	$NZ$0.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Astrotech ASTC	NZ$59.3 M	-90.49%	🇺🇸 USA
Aerojet Rocketdyne AJRD	NZ$0.95 B	53.77%	🇺🇸 USA
Virgin Orbit VORB	NZ$82.49 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 : NZ$0.62 Billion