SPCE (Virgin Galactic Holdings) Equity-to-Asset: 0.49 (As of Jun. 2026) — 13% Below Median

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Director of Data and Quant Analytics at GuruFocus
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SPCE Virgin Galactic Holdings Inc SPCE
69 GF Score
Price $3.32
GF Value $2.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Virgin Galactic Holdings Equity-to-Asset?

Virgin Galactic Holdings SPCE +5.73% 69 Equity-to-Asset is 0.49 as of Jun. 2026, which is 13% below its 10-year median of 0.56. GuruFocus rates SPCE with a GF Score™ of 69/100 and a GF Value™ of $2.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 361 Aerospace & Defense companies, Virgin Galactic Holdings ranks worse than 78.12% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virgin Galactic Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $396.11 Mil. Virgin Galactic Holdings's Total Assets for the quarter that ended in Jun. 2026 was $816.28 Mil. Therefore, Virgin Galactic Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.49.

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

SPCE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.56   Max: 0.97
Current: 0.49

During the past 9 years, the highest Equity to Asset Ratio of Virgin Galactic Holdings was 0.97. The lowest was 0.05. And the median was 0.56.

SPCE's Equity-to-Asset is ranked worse than
78.12% of 361 companies
in the Aerospace & Defense industry
Industry Median: 0.51 vs SPCE: 0.49

Virgin Galactic Holdings  (NYSE:SPCE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Virgin Galactic Holdings Equity-to-Asset Related Terms


Virgin Galactic Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Virgin Galactic Holdings's Equity-to-Asset 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.

Virgin Galactic Holdings Equity-to-Asset Chart

Virgin Galactic Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.84 0.42 0.43 0.34 0.34

Virgin Galactic Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.27 0.34 0.30 0.49

SPCE vs MRLN, BUKS, ISSC: Equity-to-Asset Comparison

For the Aerospace & Defense subindustry, Virgin Galactic Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Galactic Holdings Equity-to-Asset vs Aerospace & Defense Industry

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

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


SPCE
69GF Score
Virgin Galactic Holdings Inc SPCE
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Virgin Galactic Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Virgin Galactic Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=273.964/803.179
=0.34

Virgin Galactic Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=396.114/816.276
=0.49

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.49 mean?
Virgin Galactic Holdings (SPCE) has a Equity-to-Asset of 0.49 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Virgin Galactic Holdings and its competitors. This is 13% below median its historical median of 0.56. Over the past decade, Virgin Galactic Holdings' Equity-to-Asset has ranged from 0.05 to 0.97. According to the industry distribution chart, Virgin Galactic Holdings ranks #282 out of 361 companies in the Aerospace & Defense industry, placing it in the top 78.1%.
Is Virgin Galactic Holdings' Equity-to-Asset too high?
Virgin Galactic Holdings' current Equity-to-Asset of 0.49 is 13% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.97. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Virgin Galactic Holdings' value of 0.49 is 3.9% below this industry median. Based on the distribution chart, Virgin Galactic Holdings ranks #282 out of 361 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Virgin Galactic Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virgin Galactic Holdings' Equity-to-Asset compare to MRLN and BUKS?
According to the Aerospace & Defense industry distribution chart, Virgin Galactic Holdings ranks #282 out of 361 companies for Equity-to-Asset. This places Virgin Galactic Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Virgin Galactic Holdings' value of 0.49 is 3.9% below this benchmark. Historically, Virgin Galactic Holdings' own Equity-to-Asset has ranged from 0.05 to 0.97 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.51, Virgin Galactic Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virgin Galactic Holdings's current Equity-to-Asset of 0.49 is 3.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Virgin Galactic Holdings and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virgin Galactic Holdings's current Equity-to-Asset is 0.49, which is 13% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Galactic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Virgin Galactic Holdings (SPCE) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.28, compared to a current price of $3.32 — trading 45.6% above its estimated fair value. The current Equity-to-Asset is 0.49, which is 13% below median its 10-year median of 0.56 and 3.9% below the Aerospace & Defense industry median of 0.51. Virgin Galactic Holdings' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Virgin Galactic Holdings (SPCE), the current Equity-to-Asset is 0.49 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virgin Galactic Holdings (SPCE) Overvalued in 2026?

Based on GuruFocus' analysis, Virgin Galactic Holdings stock appears to be overvalued. The current stock price of $3.32 is trading 45.6% above its estimated GF Value™ of $2.28. GuruFocus considers Virgin Galactic Holdings to be Significantly Overvalued.

Key valuation signals for SPCE:

  • Equity-to-Asset: 0.49 (13% below median its 10-year median of 0.56)
  • GF Value™: $2.28 vs. price of $3.32 (45.6% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 3.9% below the Aerospace & Defense median (#282 of 361)

No single metric tells the full story. See the SPCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virgin Galactic Holdings Business Description

Address 1700 Flight Way, Tustin, CA, USA, 92782
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
69GF Score

Get the complete analysis for SPCE

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.32
Price
$2.28
GF Value