Virgin Orbit Holdings, Inc. financial data

Industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
Location
4022 East Conant Street, Long Beach, CA
State of incorporation
Cayman Islands
Fiscal year end
December 31
Former names
NextGen Acquisition Corp. II (to 12/29/2021)
Latest financial report
10-K - Q4 2022 - Apr 17, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 217 % -55.4%
Quick Ratio 79.3 %
Debt-to-equity 155 % +145%
Return On Equity -184 % -10.6%
Return On Assets -72.1 % -66.3%
Operating Margin -654 % +71.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 393M shares +17.2%
Common Stock, Shares, Outstanding 338M shares +0.83%
Entity Public Float 318M USD -19.3%
Common Stock, Value, Issued 34K USD 0%
Weighted Average Number of Shares Outstanding, Basic 336M shares +16.7%
Weighted Average Number of Shares Outstanding, Diluted 336M shares +16.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 33.1M USD +348%
Cost of Revenue 85.7M USD +126%
Research and Development Expense 43.3M USD -10%
Operating Income (Loss) -216M USD -26.3%
Nonoperating Income (Expense) 25.2M USD +79.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -191M USD -21.5%
Income Tax Expense (Benefit) 11K USD +83.3%
Net Income (Loss) Attributable to Parent -191M USD -21.5%
Earnings Per Share, Basic -0.57 USD/shares -3.64%
Earnings Per Share, Diluted -0.57 USD/shares -3.64%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 51.2M USD -73.6%
Accounts Receivable, after Allowance for Credit Loss, Current 389K USD -81.3%
Inventory, Net 77.1M USD +127%
Assets, Current 147M USD -38.4%
Property, Plant and Equipment, Net 71.3M USD +16.1%
Operating Lease, Right-of-Use Asset 13.2M USD -8.33%
Other Assets, Noncurrent 930K USD -72.3%
Assets 241M USD -27.4%
Accounts Payable, Current 21.9M USD +112%
Accrued Liabilities, Current 25M USD +4.97%
Contract with Customer, Liability, Current 20.4M USD +68%
Liabilities, Current 121M USD +153%
Contract with Customer, Liability, Noncurrent 14.2M USD -51.1%
Operating Lease, Liability, Noncurrent 13.5M USD -3.36%
Other Liabilities, Noncurrent 290K USD -96.2%
Liabilities 192M USD +62%
Accumulated Other Comprehensive Income (Loss), Net of Tax -119K USD -3867%
Retained Earnings (Accumulated Deficit) -1.01B USD -23.3%
Stockholders' Equity Attributable to Parent 48.4M USD -77.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 154M USD
Liabilities and Equity 241M USD -27.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -61.6M USD -56.1%
Net Cash Provided by (Used in) Investing Activities -5M USD +3.7%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 338M shares +0.83%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -66.7M USD -4657%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 53.4M USD -72.6%
Deferred Tax Assets, Valuation Allowance 375M USD +15.5%
Deferred Tax Assets, Gross 381M USD +14.4%
Operating Lease, Liability 14.7M USD -4.12%
Depreciation 11.3M USD -7.97%
Payments to Acquire Property, Plant, and Equipment 5M USD -3.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -191M USD -21.7%
Lessee, Operating Lease, Liability, to be Paid 22.8M USD -4.69%
Property, Plant and Equipment, Gross 158M USD +15.6%
Operating Lease, Liability, Current 1.22M USD -11.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.08M USD +0.56%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.75M USD -9.88%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +9.09%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.08M USD -5.71%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.63M USD -15.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Unrecognized Tax Benefits 47.2M USD -4.94%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.1M USD +26.8%
Operating Lease, Payments 731K USD +14.6%
Additional Paid in Capital 1.06B USD +2.59%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 3.35M USD -7.74%
Deferred Tax Assets, Net of Valuation Allowance 6.64M USD -25.4%
Share-based Payment Arrangement, Expense 18.6M USD +75.5%
Interest Expense 1.33M USD +5425%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%