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Virgin Orbit Holdings (Virgin Orbit Holdings) Total Current Liabilities : $121.42 Mil (As of Dec. 2022)


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What is Virgin Orbit Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Virgin Orbit Holdings's total current liabilities for the quarter that ended in Dec. 2022 was $121.42

Virgin Orbit Holdings Total Current Liabilities Historical Data

The historical data trend for Virgin Orbit Holdings's Total Current Liabilities 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 Total Current Liabilities Chart

Virgin Orbit Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
21.15 27.11 47.96 121.42

Virgin Orbit Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 47.96 56.04 75.10 72.26 121.42

Virgin Orbit Holdings Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Virgin Orbit Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=39.464+41.617
+Other Current Liabilities+Current Deferred Liabilities
=19.927+20.414
=121.42

Virgin Orbit Holdings's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=39.464+41.617
+Other Current Liabilities+Current Deferred Liabilities
=19.927+20.414
=121.42

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Virgin Orbit Holdings Total Current Liabilities 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 » Total Current Liabilities
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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

Virgin Orbit Holdings (Virgin Orbit Holdings) Headlines

From GuruFocus

Virgin Orbit CEO to Present at Morgan Stanley's 5th Annual Space Summit

By Business Wire Business Wire • 11-30-2022

Virgin Orbit Announces Next Launch, Dubbed 'Straight Up'

By Business Wire Business Wire • 05-09-2022

Historic UK Mission Reaches Space, Falls Short of Orbit

By Business Wire Business Wire • 01-10-2023

Virgin Orbit National Systems Welcomes Major General Kim Crider to the Board

By Business Wire Business Wire • 05-05-2022

Virgin Orbit CEO to Present at Jefferies Industrial Conference

By Business Wire Business Wire • 07-25-2022

Poland's SatRev Signs On for Future Virgin Orbit Flights

By Business Wire Business Wire • 02-03-2023

Virgin Orbit Earns AS9100 Certification, Building on Its Perfect Satellite Launch Record

By Business Wire Business Wire • 08-16-2022

Virgin Orbit Announces Date for Second Quarter 2022 Earnings Release and Conference Call

By Business Wire Business Wire • 08-01-2022

Virgin Orbit CEO to Present at the Canaccord Genuity 42nd Annual Growth Conference

By Business Wire Business Wire • 08-01-2022

Virgin Orbit CEO to Present at the SHARE Series Conference

By Business Wire Business Wire • 11-30-2022