Current Financing Options for Virgin Australia

VIRGIN AUSTRALIA 1
VIRGIN AUSTRALIA

VIRGIN AUSTRALIA 2
Current Financing Options
Current Financing
Particulars 2015 2016 2017 2018
Debt to Equity
Debt 2295 2099 2152 2273
Equity 1077 912 1568 1091
2.13 2.30 1.37 2.08
Debt to Assets
Debt 2295 2099 2152 2273
Total Assets 5780 6041 6356 6188
0.40 0.35 0.34 0.37
Equity to Assets
Equity 1077 912 1568 1091
Assets 5780 6041 6356 6188
0.19 0.15 0.25 0.18
The current financing options in case of the Virgin Australia are the combination of the debt as
well as the equity. The core focus of the company has been on the debt as the financing from the
debt is higher as it can be observed from the table. The ratio indicates that the fluctuation was
due to the decrease in the equity factor of the company. The current debt is again the
combination of the current as well as the non-current liabilities. The company is in a mood to use
the Australian market as one of the major sources of the finance. The debt to total assets has been
within the same range over the period of the five years and the valuation of equity was again in
the range of 0.19 to 0.25 over the period of 4 years (Virgin Australia, 2018).
Particulars 2015 2016 2017 2018
Current Ratio
Current Assets 1586 1714 1788 1980
Current Liabilities 2300 2780 2348 2524
0.69 0.62 0.76 0.78
Quick Ratio