Will Vertical Aerospace (NYSE:EVTL) Spend Its Cash Wisely? [Yahoo! Finance]
Vertical Aerospace Ltd. (EVTL)
Company Research
Source: Yahoo! Finance
Given this risk, we thought we'd take a look at whether Vertical Aerospace NYSE:EVTL ) shareholders should be worried about its cash burn. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'. How Long Is Vertical Aerospace's Cash Runway? A company's cash runway is calculated by dividing its cash hoard by its cash burn. In June 2024, Vertical Aerospace had UK£67m in cash, and was debt-free. In the last year, its cash burn was UK£45m. That means it had a cash runway of around 18 months as of June 2024. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash burn reduces drastically. The image below shows how its cash balance has been changing over the last few years. How Is Vertical Aerospace's Cash Burn Changing Over Time? Bec
Show less
Read more
Impact Snapshot
Event Time:
EVTL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EVTL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EVTL alerts
High impacting Vertical Aerospace Ltd. news events
Weekly update
A roundup of the hottest topics
EVTL
News
- Vertical Aerospace Ltd. (NYSE: EVTL) had its price target raised by analysts at Barclays PLC from $0.75 to $2.00. They now have an "underweight" rating on the stock.MarketBeat
- Energy tycoon risks £200m lawsuit as flying taxi company battles cash crunch [Yahoo! Finance]Yahoo! Finance
- Europe's flying taxi dreams falter as cash runs short [Yahoo! Finance]Yahoo! Finance
- VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight Testing [Yahoo! Finance]Yahoo! Finance
- VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight TestingBusiness Wire
EVTL
Sec Filings
- 11/21/24 - Form 6-K
- 11/13/24 - Form SC
- 11/12/24 - Form 6-K
- EVTL's page on the SEC website