Virgin Australia Holdings Ltd
Virgin Australia Holdings Limited provides domestic and international travel services to leisure, corporate and government, regional and charter travel, and air freight customers in Australia. It operates through the Airlines and Velocity segments. The company offers regular passenger transport and short-haul international regular public transport services, charter services, and loyalty programs.… Read more
Virgin Australia Holdings Ltd (VGN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2019: -0.124x
Based on the latest financial reports, Virgin Australia Holdings Ltd (VGN) has a cash flow conversion efficiency ratio of -0.124x as of December 2019.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$199.10 Million) by net assets (AU$-1.60 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Virgin Australia Holdings Ltd - Cash Flow Conversion Efficiency Trend (2017–2019)
This chart illustrates how Virgin Australia Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Virgin Australia Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Virgin Australia Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Poly Property Group Co. Limited
PINK:PHKIF
|
-0.049x |
|
Jiangsu Allfavor Intelligent Circuits Technology CO.Ltd
SHE:300964
|
0.006x |
|
Beijing Quanshi World Online Net
SHE:002995
|
-0.109x |
|
Gubra A/S
CO:GUBRA
|
1.899x |
|
PT Lippo Karawaci Tbk
PINK:PTLKF
|
-0.009x |
|
Kido Group Corp
VN:KDC
|
0.061x |
|
North American Construction Group Ltd
NYSE:NOA
|
0.271x |
|
Shanxi C&Y Pharmaceutical Group Co Ltd
SHE:300254
|
0.092x |
Annual Cash Flow Conversion Efficiency for Virgin Australia Holdings Ltd (2017–2019)
The table below shows the annual cash flow conversion efficiency of Virgin Australia Holdings Ltd from 2017 to 2019.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-06-30 | AU$589.70 Million | AU$470.00 Million | 0.797x | +52.50% |
| 2018-06-30 | AU$1.09 Billion | AU$570.40 Million | 0.523x | +199.13% |
| 2017-06-30 | AU$1.57 Billion | AU$273.90 Million | 0.175x | -- |