Virgin Orbit Holdings (Virgin Orbit Holdings) Debt-to-Equity : 1.97 (As of Dec. 2022)

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What is Virgin Orbit Holdings Debt-to-Equity?

Virgin Orbit Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $41.62 Mil. Virgin Orbit Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $53.89 Mil. Virgin Orbit Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $48.42 Mil. Virgin Orbit Holdings's debt to equity for the quarter that ended in Dec. 2022 was 1.97.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

VORBQ's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Virgin Orbit Holdings Debt-to-Equity Historical Data

The historical data trend for Virgin Orbit Holdings's Debt-to-Equity 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.

* Premium members only.

Virgin Orbit Holdings Debt-to-Equity Chart

Virgin Orbit Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-1.90

-1.26

0.07

1.97

Virgin Orbit Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial						0.07	0.10	0.52	0.65	1.97

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

For the Aerospace & Defense subindustry, Virgin Orbit Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

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

Virgin Orbit Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(41.617	+	53.889)	/	48.42
	=	1.97

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(41.617	+	53.889)	/	48.42
	=	1.97

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Virgin Orbit Holdings Debt-to-Equity 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 » Debt-to-Equity

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