Virgin Australia Holdings Ltd Cash Flow Conversion Efficiency
Virgin Australia Holdings Ltd 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.
Cash Flow Conversion Efficiency of Virgin Australia Holdings Ltd (2017–2019)
Cash flow conversion efficiency of Virgin Australia Holdings Ltd from 2017 to 2019. This chart illustrates how Virgin Australia Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View VGN live share price for real-time trading data and today's change.
Virgin Australia Holdings Ltd Cash Flow Conversion Ratio Explained
Virgin Australia Holdings Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see VGN stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Deepak Fertilizers and Petrochemicals Corporation Limited
NSE:DEEPAKFERT
|
0.066x |
|
Hengdian Entertainment Co Ltd Class A
SHG:603103
|
0.135x |
|
Turpaz Industries Ltd
TA:TRPZ
|
0.033x |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
0.000x |
|
OPmobility SE
PA:OPM
|
0.191x |
|
Hankook Tire Worldwide
KO:000240
|
0.016x |
|
Stanmore Resources Ltd
AU:SMR
|
0.133x |
|
Hap Seng Consolidated Bhd
KLSE:3034
|
0.034x |
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. Review Virgin Australia Holdings Ltd (VGN) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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