Virgin Galactic: now a $6B company. Had $170M worth of assets in June 2019

by MakeoverBelly

For a company with a $6B market cap I thought there would be any articles detailing what’s actually inside the thing. Found nothing, so here’s some data for you (as of June 30, 2019):

  • Cash and cash equivalents: $85,324,000
  • Inventories: $27,508,000
    • Raw Materials: $23,106,000
    • Work in-progress: $4,402,000
  • Property, Plant, and Equipment: $40,456,000
    • Buildings: $9,142,000
    • Leasehold improvements: $20,637,000
    • Aircraft: $320,000
    • Machinery and equipment: $26,159,000
    • IT software and equipment: $14,638,000
    • Construction in progress: $919,000
    • Deprecation and amortisation: $-31,359,000
  • ~$15M more in receivables and other things

Excerpts from the SEC filling: imgur.com/a/DM8PT4A

Full SEC filling: www.sec.gov/Archives/edgar/data/1706946/000119312519264113/d785777ds4a.htm

Do whatever you want with this information. I’m just an idiot passing by and not understanding what up with that ticker.

 

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.