Virgin Australia Holdings Ltd (VGN) — Net Asset Quality Index
Virgin Australia Holdings Ltd (VGN) has a Net Asset Quality Index of -16.7% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$4.87 Billion minus total liabilities of AU$5.69 Billion yields net assets of AU$-814.60 Million. A higher index indicates a stronger, lower-leverage balance sheet. See VGN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Virgin Australia Holdings Ltd Net Asset Quality Index Over Time (2017–2025)
This chart shows how Virgin Australia Holdings Ltd's Net Asset Quality Index has evolved across 6 annual periods from 2017 to 2025. As of June 2025, the index stands at -16.7%, representing net assets of AU$-814.60 Million against total assets of AU$4.87 Billion AUD. Explore VGN cash flow metrics to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Virgin Australia Holdings Ltd (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for Virgin Australia Holdings Ltd from 2017 to 2025, covering 6 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see VGN stock market capitalisation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -16.7% | AU$-814.60 Million | AU$4.87 Billion | AU$5.69 Billion | ▲ +12.9 pp |
| 2024 | -29.6% | AU$-1.18 Billion | AU$3.98 Billion | AU$5.16 Billion | ▲ +7.0 pp |
| 2023 | -36.6% | AU$-1.36 Billion | AU$3.72 Billion | AU$5.08 Billion | ▼ -45.7 pp |
| 2019 | 9.1% | AU$589.70 Million | AU$6.47 Billion | AU$5.88 Billion | ▼ -8.5 pp |
| 2018 | 17.6% | AU$1.09 Billion | AU$6.19 Billion | AU$5.10 Billion | ▼ -7.0 pp |
| 2017 | 24.7% | AU$1.57 Billion | AU$6.36 Billion | AU$4.79 Billion | — |