Virgin Blue Holdings Limited: Company Profile and SWOT Analysis - PDF - PDF by WMIntelligence

VIEWS: 70 PAGES: 32

More Info
									Virgin Blue Holdings Limited

_________________________________________________________________________________



Virgin Blue Holdings Limited                                                 Financial Snapshot

                                                                             Operating Performance
Fast Facts
                                         56 Edmondstone Road, Bowen Hills,   The company reported revenue of US$3,000.92
Headquarters Address
                                         4006,Australia                      million during the fiscal year 2011 (2011). The
                                                                             company's revenue grew at a CAGR of 13.51%
Telephone                                + 61 7 32953000
                                                                             during 2007–2011, with an annual growth of 9.70%
                                                                             over 2010. In 2011, the company recorded an
Fax                                      + 61 7 32953996                     operating margin of -0.56%, as against 2.61% in
                                                                             2010.
Website                                  N/A

Ticker Symbol, Stock Exchange            VBA, Australian Stock Exchange      Revenue and Margins

Number of Employees                      5,300

Fiscal Year End                          June

Revenue (in US$ million)                 3,000.92

Revenue (in AUD million)                 3,271.00




SWOT Analysis
                                                                             Return on Equity
Strengths                                Weaknesses
                                                                             The company recorded a return on equity (ROE) of -
Strong business partnerships             Weak balance sheet position         7.32% for 2011, as compared to its peers, Tiger
                                                                             Airways Holdings Limited (Ticker: J7X), Regional
                                                                             Express Holdings Limited (Ticker: REX) and Qantas
Strong market position                   Weak operating performance          Airways Limited (Ticker: QAN), which recorded ROEs
                                                                             of 20.49%, 10.94% and 4.07% respectively. The
Wide range of aviation services                                              company reported an operating margin of -0.56% in
                                                                             2011.
Opportunities                            Threats
                                                                             Return on Equity
Game change program                      Foreign currency fluctuations

Positive outlook for Australian travel
                                         Increasing fuel price
and tourism industry

Strategic growth initiatives             Natural calamities

                                         Stringent regulations in aviation
                                         industry




                                                                             Liquidity Position

                                                                             The company reported a current ratio of 0.65 in 2011,
                                                                             as compared to its peers, Tiger Airways Holdings
                                                                             Limited, Regional Express Holdings Limited and
                                                                             Qantas Airways Limited, which recorded current ratios
                                                                             of 0.60, 0.78 and 0.90 respectively. As of June 2011,
                                                                             the company recorded cash and short-term
                                                                             investments of worth US$675.96 million, against
                                                                             US$208.53 million current debt. The company
                                                                             reported a debt to equity ratio of 1.77 in 2011 as
                                                                             compared to its peers, Tiger Airways Holdings
                                                                             Limited, Regional Express Holdings Limited and
                                                                             Qantas Airways Limited, which recorded debt to
                                                                             equity ratios of 2.78, 0.18 and 0.98 respectively.




___________________________________________________________________________________________

Virgin Blue Holdings Limited - SWOT Profile                                                                         Page 1
Virgin Blue Holdings Limited

_________________________________________________________________________________


TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ................................................................................................................................................5
    1.2       Business Description ..............................................................................................................................................5
    1.3       Major Products and Services .................................................................................................................................6
2     Analysis of Key Performance Indicators ............................................................................................... 7
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
    2.2       Key Financial Performance Indicators .................................................................................................................10
      2.2.1       Revenue and Operating Profit .........................................................................................................................10
      2.2.2       Asset, Liabilities and Capex .............................................................................................................................11
      2.2.3       Net Debt vs. Gearing Ratio ..............................................................................................................................12
      2.2.4       Solvency ..........................................................................................................................................................13
    2.3       Competitive Benchmarking ..................................................................................................................................14
      2.3.1       Efficiency ..........................................................................................................................................................15
      2.3.2       Capital Expenditure ..........................................................................................................................................16
      2.3.3       Turnover – Inventory and Asset .......................................................................................................................17
      2.3.4       Liquidity ............................................................................................................................................................18
3     Recent Developments ..............................................................
								
To top