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.
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. Read Virgin Australia Holdings Ltd (VGN) financial obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Sino Prima Gas Technology Co Ltd
SHE:300483
|
0.177x |
|
Maoye Commercial Co Ltd
SHG:600828
|
-0.003x |
|
Jasa Marga Tbk
JK:JSMR
|
0.041x |
|
Elan Microelectronics Corp
TW:2458
|
0.096x |
|
Guangzhou KDT Machinery Co Ltd
SHE:002833
|
0.078x |
|
Shanghai Diesel Engine Co Ltd A
SHG:600841
|
-0.045x |
|
Guangdong Haomei New Material Co Lt
SHE:002988
|
0.017x |
|
Zhongnanhong Culture Group Co Ltd
SHE:002445
|
0.032x |
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