Virgin Orbit Holdings (Virgin Orbit Holdings) Cash-to-Debt : 0.54 (As of Dec. 2022)

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What is Virgin Orbit Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Virgin Orbit Holdings's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.54.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Virgin Orbit Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

The historical rank and industry rank for Virgin Orbit Holdings's Cash-to-Debt or its related term are showing as below:

VORBQ's Cash-to-Debt is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.68
* Ranked among companies with meaningful Cash-to-Debt only.

Virgin Orbit Holdings Cash-to-Debt Historical Data

The historical data trend for Virgin Orbit Holdings's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Virgin Orbit Holdings Cash-to-Debt Chart

Virgin Orbit Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.61

0.09

12.35

0.54

Virgin Orbit Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial						12.35	8.27	1.91	1.22	0.54

Competitive Comparison of Virgin Orbit Holdings's Cash-to-Debt

For the Aerospace & Defense subindustry, Virgin Orbit Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Virgin Orbit Holdings's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Virgin Orbit Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Virgin Orbit Holdings's Cash-to-Debt falls into.

Virgin Orbit Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Virgin Orbit Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	51.199	/	(41.617	+	53.889)
	=	0.54

Virgin Orbit Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	51.199	/	(41.617	+	53.889)
	=	0.54

Virgin Orbit Holdings (OTCPK:VORBQ) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Virgin Orbit Holdings Cash-to-Debt Related Terms

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Virgin Orbit Holdings (Virgin Orbit Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Virgin Orbit Holdings Inc (OTCPK:VORBQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4022 East Conant Street, Long Beach, CA, USA, 90808

Website

https://www.virginorbit.com

Virgin Orbit Holdings Inc is a vertically integrated space company that provides customers with dedicated small satellite launch capabilities. Its launches have delivered satellites to orbit for customers across commercial, civil, and national security and defense markets, both domestically and internationally.

Executives

Jill Kathleen Frizzley	director	P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Alan Jeffrey Carr	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Corvina Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER X0 JE1 1BJ
Virgin Group Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER, JERSEY X0 JE1 1BJ
Virgin Investments Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Sir Richard Branson	10 percent owner	RICHARD'S HOUSE, THE VALLEY, VIRGIN GORDA, NECKER ISLAND D8 POBOX 1091
Katharina G. Mcfarland	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Mubadala Investment Co Pjsc	10 percent owner	P.O. BOX 45005, ABU DHABI C0 00000
Mamoura Diversified Global Holding Pjsc	10 percent owner	P. O. BOX 45005, ABU DHABI C0 UAE
Fifteenth Investment Co Llc	10 percent owner	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Vieco 10 Ltd	10 percent owner	CRAIGMUIR CHAMBERS, P.O. BOX 71, ROAD TOWN, TORTOLA D8 VG1110
Shadid Abdulla Mohamed Ismail Ibrahim	director	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Daniel M Hart	director, officer: Chief Executive Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Derrick Osmond Boston	officer: Chief Legal Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Brita Eve O'rear	officer: Chief Financial Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808