Virco Mfg Financials
Virco Mfg (VIRC) reported $199.7M in revenue for fiscal year 2026, down 25.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2026 exposes a volume-sensitive model: sharp sales contraction compressed margins and reversed cash conversion despite modest leverage.
As revenue contracted to$199.7M , gross margin settled at40.7% , indicating the downturn reached unit economics rather than only volume. Operating margin then fell to1.8% from10.5% , revealing that fixed operating costs amplified the gross-margin squeeze.
Earnings quality weakened: accounting profit remained positive at
The balance sheet is lightly debt-funded: debt-to-equity was 0.0x while the current ratio reached 3.1x, providing substantial short-term coverage. Still, cash fell to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Virco Mfg's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Virco Mfg has an operating margin of 1.8%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 53/100, indicating healthy but not exceptional operating efficiency. This is down from 10.5% the prior year.
Virco Mfg's revenue declined 25.0% year-over-year, from $266.2M to $199.7M. This contraction results in a growth score of 8/100.
Virco Mfg carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.09, Virco Mfg holds $3.09 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 78/100.
Virco Mfg's operations used $841K of cash, and capex of $5.9M added to the outflow, for a free cash flow shortfall of $6.7M. This results in a cash flow score of 40/100.
Virco Mfg's ROE of 2.4% shows moderate profitability relative to equity, earning a score of 64/100. This is down from 19.8% the prior year.
Virco Mfg scores 2.44, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Virco Mfg passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Virco Mfg used $0.33 of operating cash (-$841K OCF vs $2.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Virco Mfg earns $12.20 in operating income for every $1 of interest expense ($3.7M vs $300K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Virco Mfg generated $199.7M in revenue in fiscal year 2026. This represents a decrease of 25.0% from the prior year.
Virco Mfg's EBITDA was $9.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 70.8% from the prior year.
Virco Mfg reported $2.6M in net income in fiscal year 2026. This represents a decrease of 88.1% from the prior year.
Virco Mfg earned $0.16 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 87.9% from the prior year.
Cash & Balance Sheet
Virco Mfg recorded an outflow of $6.7M in free cash flow in fiscal year 2026, representing a cash shortfall after capex. This represents a decrease of 125.0% from the prior year.
Virco Mfg held $14.4M in cash against $3.6M in long-term debt as of fiscal year 2026.
Virco Mfg paid $0.10 per share in dividends in fiscal year 2026. This represents an increase of 11.1% from the prior year.
Margins & Returns
Virco Mfg's gross margin was 40.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 2.4 percentage points from the prior year.
Virco Mfg's operating margin was 1.8% in fiscal year 2026, reflecting core business profitability. This is down 8.6 percentage points from the prior year.
Virco Mfg's net profit margin was 1.3% in fiscal year 2026, showing the share of revenue converted to profit. This is down 6.8 percentage points from the prior year.
Virco Mfg's ROE was 2.4% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 17.4 percentage points from the prior year.
Capital Allocation
Virco Mfg spent $4.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 5.0% from the prior year.
Virco Mfg invested $5.9M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 7.0% from the prior year.
Not reported for fiscal year 2026.
VIRC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $196.6M | $199.7M-25.0% | $266.2M-1.1% | $269.1M+16.5% | $231.1M+25.0% | $184.8M+21.0% | $152.8M-20.8% | $193.0M-3.8% | $200.7M+6.0% | $189.3M+9.2% | $173.4M+2.9% | $168.6M+2.8% | $164.1M+5.8% | $155.0M-1.8% | $157.9M-5.1% | $166.4M |
| Cost of Revenue | $118.7M | $118.4M-21.9% | $151.5M-1.0% | $153.1M+5.0% | $145.7M+17.6% | $123.9M+26.6% | $97.9M-19.3% | $121.3M-9.2% | $133.6M+7.9% | $123.8M+11.7% | $110.9M+1.7% | $109.0M+0.3% | $108.7M+6.0% | $102.5M-4.5% | $107.3M-9.3% | $118.3M |
| Gross Profit | $77.9M | $81.2M-29.2% | $114.7M-1.2% | $116.1M+36.0% | $85.3M+40.1% | $60.9M+10.9% | $54.9M-23.4% | $71.7M+6.8% | $67.1M+2.5% | $65.5M+4.7% | $62.5M+4.9% | $59.6M+7.6% | $55.4M+5.4% | $52.6M+3.8% | $50.6M+5.1% | $48.2M |
| SG&A Expenses | $77.8M | $77.6M-10.7% | $86.8M+3.2% | $84.2M+12.7% | $74.7M+21.9% | $61.3M+13.0% | $54.2M-17.5% | $65.7M+1.5% | $64.8M+7.3% | $60.3M+6.6% | $56.6M+5.5% | $53.7M+1.7% | $52.7M+0.3% | $52.6M+0.4% | $52.4M-6.8% | $56.2M |
| Operating Income | $93K | $3.7M-86.9% | $27.9M-12.6% | $31.9M+199.5% | $10.6M+3267.9% | -$336K-145.7% | $735K-87.6% | $5.9M+153.8% | $2.3M-54.6% | $5.1M-13.5% | $5.9M-0.1% | $5.9M+150.8% | $2.4M+265.8% | -$1.4M+42.4% | -$2.5M | N/A |
| Interest Expense | $346K | $300K-14.0% | $349K-87.0% | $2.7M+35.4% | $2.0M+65.6% | $1.2M-22.3% | $1.5M-37.5% | $2.5M+12.4% | $2.2M+41.8% | $1.5M+27.0% | $1.2M-5.0% | $1.3M-11.9% | $1.5M+11.7% | $1.3M-16.3% | $1.6M+38.7% | $1.1M |
| Income Tax | -$294K | $895K-86.8% | $6.8M-7.5% | $7.3M+186.2% | -$8.5M-174.5% | $11.4M+1633.3% | -$744K-315.7% | $345K-30.6% | $497K-91.2% | $5.6M+131.2% | -$18.0M-15382.2% | $118K+71.0% | $69K+106.9% | -$1.0M-379.9% | -$209K-480.0% | $55K |
| Net Income | -$941K | $2.6M-88.1% | $21.6M-1.2% | $21.9M+32.4% | $16.5M+209.3% | -$15.1M-578.1% | -$2.2M-193.7% | $2.4M+247.6% | -$1.6M+49.7% | -$3.2M-114.1% | $22.8M+400.3% | $4.5M+435.8% | $849K+149.1% | -$1.7M+54.8% | -$3.8M+72.3% | -$13.8M |
| EPS (Diluted) | — | $0.16-87.9% | $1.32-1.5% | $1.34+31.4% | $1.02+207.4% | -$0.95-578.6% | -$0.14-193.3% | $0.15+250.0% | -$0.10+52.4% | -$0.21-114.1% | $1.49+396.7% | $0.30+400.0% | $0.06+150.0% | -$0.12+55.6% | -$0.27+72.2% | -$0.97 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
VIRC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $174.2M-9.3% | $191.9M+31.1% | $146.4M-2.5% | $150.1M+18.7% | $126.4M+1.1% | $125.0M-10.0% | $139.0M+12.9% | $123.1M+5.6% | $116.6M+7.8% | $108.2M+21.0% | $89.4M+9.3% | $81.8M-1.8% | $83.3M+1.4% | $82.2M-12.8% | $94.2M |
| Current Assets | $98.7M-3.4% | $102.2M+14.8% | $89.0M0.0% | $89.1M+29.4% | $68.8M+35.1% | $51.0M-12.6% | $58.3M-7.6% | $63.1M+13.3% | $55.7M+14.9% | $48.5M+3.7% | $46.8M+20.5% | $38.8M-2.1% | $39.6M+7.2% | $37.0M-19.3% | $45.8M |
| Cash & Equivalents | $14.4M-46.4% | $26.9M+406.9% | $5.3M+401.4% | $1.1M-22.2% | $1.4M+238.1% | $402K-65.0% | $1.1M+55.8% | $738K+38.2% | $534K-32.2% | $788K-3.3% | $815K+73.4% | $470K-55.3% | $1.1M+23.2% | $853K-70.6% | $2.9M |
| Inventory | $56.7M+2.0% | $55.6M-4.7% | $58.4M-13.4% | $67.4M+42.3% | $47.4M+23.8% | $38.3M-11.7% | $43.3M-8.4% | $47.3M+12.4% | $42.1M+17.8% | $35.7M+3.1% | $34.6M+29.7% | $26.7M-4.0% | $27.8M+9.7% | $25.3M-8.9% | $27.8M |
| Accounts Receivable | $13.6M+4.5% | $13.0M-43.9% | $23.2M+25.6% | $18.4M+3.7% | $17.8M+82.1% | $9.8M-17.0% | $11.8M-11.3% | $13.3M+16.4% | $11.4M+14.8% | $9.9M-0.1% | $9.9M-6.5% | $10.6M+25.3% | $8.5M-3.3% | $8.8M-31.3% | $12.7M |
| Total Liabilities | $68.2M-17.5% | $82.7M+49.6% | $55.3M-32.7% | $82.1M+3.9% | $79.0M+11.5% | $70.8M-15.8% | $84.2M+27.4% | $66.1M+14.1% | $57.9M+18.6% | $48.8M-13.0% | $56.1M-5.3% | $59.2M+6.3% | $55.7M+1.1% | $55.1M-12.9% | $63.3M |
| Current Liabilities | $32.0M-6.7% | $34.3M-11.0% | $38.5M-20.6% | $48.5M+33.7% | $36.3M+64.1% | $22.1M-12.0% | $25.1M-21.8% | $32.1M+15.9% | $27.7M+28.4% | $21.6M-5.2% | $22.8M+6.4% | $21.4M-5.5% | $22.7M-7.3% | $24.4M-10.2% | $27.2M |
| Long-Term Debt | $3.6M-6.9% | $3.9M-6.2% | $4.1M-71.2% | $14.4M+1.5% | $14.2M+48.4% | $9.6M-39.6% | $15.8M-0.6% | $15.9M+32.6% | $12.0M+142.8% | $4.9M-18.9% | $6.1M-0.9% | $6.2M+2.5% | $6.0M | $0-100.0% | $6.0M |
| Total Equity | $105.9M-3.1% | $109.3M+19.8% | $91.2M+34.0% | $68.1M+43.4% | $47.4M-12.4% | $54.2M-1.2% | $54.8M-3.9% | $57.0M-2.9% | $58.7M-1.1% | $59.4M+78.2% | $33.3M+47.6% | $22.6M-18.2% | $27.6M+2.2% | $27.0M-12.5% | $30.9M |
| Retained Earnings | -$7.9M+11.2% | -$8.9M+69.5% | -$29.0M+42.6% | -$50.6M+24.6% | -$67.2M-29.1% | -$52.0M-4.5% | -$49.8M+4.6% | -$52.2M-5.1% | -$49.6M-7.0% | -$46.4M+32.9% | -$69.1M+6.2% | -$73.7M+1.1% | -$74.5M-2.4% | -$72.8M-5.6% | -$69.0M |
Not reported in any period shown, so not listed: Goodwill.
VIRC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.8M | -$841K-102.5% | $33.1M+22.9% | $27.0M+811.7% | -$3.8M-844.6% | -$401K-105.1% | $7.8M-20.1% | $9.8M+313.0% | $2.4M+40.5% | $1.7M-71.3% | $5.9M-21.9% | $7.5M+352.5% | $1.7M+782.7% | -$243K-103.3% | $7.3M+1026.0% | -$784K |
| Capital Expenditures | $4.1M | $5.9M-7.0% | $6.3M+20.0% | $5.2M+57.5% | $3.3M+11.3% | $3.0M+39.0% | $2.2M-48.9% | $4.2M-21.9% | $5.4M-13.1% | $6.2M+40.8% | $4.4M+3.4% | $4.3M+28.6% | $3.3M-8.8% | $3.6M+77.2% | $2.0M-5.0% | $2.2M |
| Free Cash Flow | $4.7M | -$6.7M-125.0% | $26.8M+23.6% | $21.7M+404.9% | -$7.1M-109.7% | -$3.4M-160.2% | $5.6M+1.8% | $5.5M+282.8% | -$3.0M+33.0% | -$4.5M-411.3% | $1.5M-55.2% | $3.2M+296.1% | -$1.7M+57.3% | -$3.9M-174.4% | $5.2M+277.0% | -$2.9M |
| Investing Cash Flow | -$4.0M | -$5.7M-3.1% | -$5.6M-16.9% | -$4.8M-42.8% | -$3.3M-40.5% | -$2.4M-11.1% | -$2.1M+49.9% | -$4.3M+21.8% | -$5.4M+58.9% | -$13.3M-196.7% | -$4.5M-6.5% | -$4.2M-24.1% | -$3.4M+7.0% | -$3.6M-107.5% | -$1.8M+11.8% | -$2.0M |
| Financing Cash Flow | -$2.0M | -$5.9M+2.2% | -$6.0M+66.7% | -$18.0M-363.6% | $6.8M+82.8% | $3.7M+158.2% | -$6.4M-26.0% | -$5.1M-254.7% | $3.3M-71.0% | $11.3M+899.1% | -$1.4M+52.2% | -$3.0M-359.6% | $1.1M-72.0% | $4.1M+154.0% | -$7.6M-282.4% | $4.1M |
| Dividends Paid | $1.6M | $1.6M+7.7% | $1.5M+347.4% | $327K | $0 | N/A | N/A | $0-100.0% | $930K | $0 | N/A | $0 | $0 | $0 | $0-100.0% | $710K |
| Share Buybacks | $190K | $4.0M+5.0% | $3.8M | $0-100.0% | $213K+21.0% | $176K+12.8% | $156K-36.6% | $246K-7.2% | $265K-21.8% | $339K+28.4% | $264K+28.2% | $206K+59.7% | $129K+11.2% | $116K+19.6% | $97K-23.0% | $126K |
TTM is the trailing twelve months, Q2 FY2026 through Q1 FY2027, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
VIRC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 40.7%-2.4pp | 43.1%-0.1pp | 43.1%+6.2pp | 36.9%+4.0pp | 33.0%-3.0pp | 35.9%-1.2pp | 37.1%+3.7pp | 33.4%-1.2pp | 34.6%-1.5pp | 36.1%+0.7pp | 35.4%+1.6pp | 33.8%-0.1pp | 33.9%+1.9pp | 32.0%+3.1pp | 28.9% |
| Operating Margin | 1.8%-8.6pp | 10.5%-1.4pp | 11.8%+7.2pp | 4.6%+4.8pp | -0.2%-0.7pp | 0.5%-2.6pp | 3.1%+1.9pp | 1.2%-1.6pp | 2.7%-0.7pp | 3.4%-0.1pp | 3.5%+2.1pp | 1.5%+2.4pp | -0.9%+0.6pp | -1.6% | N/A |
| Net Margin | 1.3%-6.8pp | 8.1%0.0pp | 8.1%+1.0pp | 7.2%+15.3pp | -8.2%-6.7pp | -1.5%-2.7pp | 1.2%+2.0pp | -0.8%+0.9pp | -1.7%-14.8pp | 13.1%+10.4pp | 2.7%+2.2pp | 0.5%+1.6pp | -1.1%+1.3pp | -2.4%+5.9pp | -8.3% |
| Return on Equity | 2.4%-17.4pp | 19.8%-4.2pp | 24.0%-0.3pp | 24.3%+56.2pp | -31.9%-27.8pp | -4.1%-8.5pp | 4.3%+7.2pp | -2.8%+2.6pp | -5.5%-43.8pp | 38.4%+24.7pp | 13.7%+9.9pp | 3.8%+10.0pp | -6.3%+7.9pp | -14.2%+30.5pp | -44.7% |
| Return on Assets | 1.5%-9.8pp | 11.3%-3.7pp | 15.0%+3.9pp | 11.0%+23.0pp | -12.0%-10.2pp | -1.8%-3.5pp | 1.7%+3.0pp | -1.3%+1.4pp | -2.8%-23.8pp | 21.0%+16.0pp | 5.1%+4.0pp | 1.0%+3.1pp | -2.1%+2.6pp | -4.7%+10.0pp | -14.6% |
| Current Ratio | 3.09+0.1x | 2.98+0.7x | 2.31+0.5x | 1.84-0.1x | 1.90-0.4x | 2.310.0x | 2.32+0.4x | 1.960.0x | 2.01-0.2x | 2.25+0.2x | 2.05+0.2x | 1.81+0.1x | 1.75+0.2x | 1.51-0.2x | 1.68 |
| Debt-to-Equity | 0.030.0x | 0.040.0x | 0.05-0.2x | 0.21-0.1x | 0.30+0.1x | 0.18-0.1x | 0.290.0x | 0.28+0.1x | 0.20+0.1x | 0.08-0.1x | 0.18-0.1x | 0.27+0.1x | 0.22+0.2x | 0.00-0.2x | 0.19 |
| FCF Margin | -3.4%-13.4pp | 10.1%+2.0pp | 8.1%+11.1pp | -3.1%-1.2pp | -1.8%-5.5pp | 3.7%+0.8pp | 2.9%+4.4pp | -1.5%+0.9pp | -2.4%-3.2pp | 0.8%-1.1pp | 1.9%+2.9pp | -1.0%+1.5pp | -2.5%-5.8pp | 3.3%+5.1pp | -1.8% |
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Where Virco Mfg Ranks
Frequently Asked Questions
What is Virco Mfg's annual revenue?
Virco Mfg (VIRC) reported $199.7M in total revenue for fiscal year 2026. This represents a -25.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Virco Mfg's revenue growing?
Virco Mfg (VIRC) revenue declined by 25.0% year-over-year, from $266.2M to $199.7M in fiscal year 2026.
Is Virco Mfg profitable?
Yes, Virco Mfg (VIRC) reported a net income of $2.6M in fiscal year 2026, with a net profit margin of 1.3%.
What is Virco Mfg's EBITDA?
Virco Mfg (VIRC) had EBITDA of $9.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Virco Mfg have?
As of fiscal year 2026, Virco Mfg (VIRC) had $14.4M in cash and equivalents against $3.6M in long-term debt.
What is Virco Mfg's gross margin?
Virco Mfg (VIRC) had a gross margin of 40.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Virco Mfg's operating margin?
Virco Mfg (VIRC) had an operating margin of 1.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Virco Mfg's net profit margin?
Virco Mfg (VIRC) had a net profit margin of 1.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Virco Mfg pay dividends?
Yes, Virco Mfg (VIRC) paid $0.10 per share in dividends during fiscal year 2026.
What is Virco Mfg's return on equity (ROE)?
Virco Mfg (VIRC) has a return on equity of 2.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Virco Mfg's free cash flow?
Virco Mfg (VIRC) recorded an outflow of $6.7M in free cash flow during fiscal year 2026. This represents a -125.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Virco Mfg's operating cash flow?
Virco Mfg (VIRC) recorded an outflow of $841K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Virco Mfg's total assets?
Virco Mfg (VIRC) had $174.2M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Virco Mfg's capital expenditures?
Virco Mfg (VIRC) invested $5.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Virco Mfg's current ratio?
Virco Mfg (VIRC) had a current ratio of 3.09 as of fiscal year 2026, which is generally considered healthy.
What is Virco Mfg's debt-to-equity ratio?
Virco Mfg (VIRC) had a debt-to-equity ratio of 0.03 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Virco Mfg's return on assets (ROA)?
Virco Mfg (VIRC) had a return on assets of 1.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Virco Mfg's cash runway?
Based on fiscal year 2026 data, Virco Mfg (VIRC) had $14.4M in cash against an annual operating cash burn of $841K. This gives an estimated cash runway of approximately 205 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Virco Mfg's Altman Z-Score?
Virco Mfg (VIRC) has an Altman Z-Score of 2.44, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Virco Mfg's Piotroski F-Score?
Virco Mfg (VIRC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Virco Mfg's earnings high quality?
For every $1 of reported earnings, Virco Mfg (VIRC) used $0.33 of operating cash (-$841K OCF vs $2.6M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Virco Mfg cover its interest payments?
Virco Mfg (VIRC) has an interest coverage ratio of 12.20x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Virco Mfg?
Virco Mfg (VIRC) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.