Virgin Australia Holdings Ltd (VGN) — Financial Flexibility Index

Latest as of December 2019: 0.06x

Virgin Australia Holdings Ltd (VGN) has a Financial Flexibility Index of 0.06x as of December 2019. Free cash flow of AU$492.60 Million (operating CF AU$199.10 Million minus capex AU$293.50 Million) represents 0% of total liabilities (AU$8.38 Billion). Check VGN cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

AU$492.60 Million
Operating CF − Capex

Total Liabilities

AU$8.38 Billion
AUD

Capital Expenditures

AU$293.50 Million
AUD

Virgin Australia Holdings Ltd Financial Flexibility Index (2017–2019)

Historical Financial Flexibility Index trend for Virgin Australia Holdings Ltd across 3 annual periods. For the full cash flow conversion analysis, see Virgin Australia Holdings Ltd (VGN) cash flow conversion.

Annual Financial Flexibility Index for Virgin Australia Holdings Ltd (2017–2019)

Year-by-year free cash flow to debt coverage for Virgin Australia Holdings Ltd. Explore Virgin Australia Holdings Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (AUD) Operating CF Total Liabilities YoY Change
2019 0.17x AU$1.02 Billion AU$470.00 Million AU$5.88 Billion ▼ -24.0%
2018 0.23x AU$1.16 Billion AU$570.40 Million AU$5.10 Billion ▲ +45.9%
2017 0.16x AU$747.80 Million AU$273.90 Million AU$4.79 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities