Virgin Australia Holdings Ltd (VGN) - Cash Flow Conversion Efficiency
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 ≈ $140.88 Million USD) by net assets (AU$-1.60 Billion ≈ $-1.13 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Virgin Australia Holdings Ltd to measure how much of total assets are equity-financed.
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. Check Virgin Australia Holdings Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 |
|---|---|
|
Rendong Holdings Co Ltd
SHE:002647
|
0.057x |
|
Ninety One PLC
JSE:N91
|
-0.173x |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
N/A |
|
FLEX LNG Ltd
NYSE:FLNG
|
0.040x |
|
Zhejiang Expressway Co. Ltd
F:ZHJ
|
0.012x |
|
Shenzhen Chipscreen Biosciences Co
SHG:688321
|
0.001x |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
0.000x |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
0.071x |
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. For the full company profile with market capitalisation and key ratios, see Virgin Australia Holdings Ltd (VGN) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-06-30 | AU$589.70 Million ≈ $417.25 Million |
AU$470.00 Million ≈ $332.55 Million |
0.797x | +52.50% |
| 2018-06-30 | AU$1.09 Billion ≈ $772.24 Million |
AU$570.40 Million ≈ $403.59 Million |
0.523x | +199.13% |
| 2017-06-30 | AU$1.57 Billion ≈ $1.11 Billion |
AU$273.90 Million ≈ $193.80 Million |
0.175x | -- |
About 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