...Company Ratings Key Credit Strengths/Concerns Quarterly Financial Analysis Liquidity Analysis Accenture Ltd Strengths: 3Q08 4Q08 1Q09 2Q09 (Ticker: ACN) + Strong balance sheet with negligible debt. Revenues 6,593.2 6,561.1 6,470.6 5,657.5 Period Ended 2/28/09 + Solid liquidity supported by consistent free cash flow. EBITDA 984.8 932.0 915.6 799.4 LTM Free Cash Flow 2,554 IDR A+ + Established, long-term client relationships, industry expertise and extensive offshore delivery capability. Margin (%) 14.9 14.2 14.5 14.1 Cash 3,003 + Solid demand for Accenture's outsourcing services. Total Debt 6.7 8.3 2.4 1.5 Sr. Unsecured Bank Facility A+ + Recurring revenue from longer-term outsourcing contracts (approx. 40% of total revenue). Cash 3,379.7 3,642.1 2,808.5 3,003.3 Primary Credit Facility: Availability 1,063 + Diversified revenue base. FCF 1,013.7 944.0 17.8 578.0 Expiration July 2012 Outlook Stable Concerns: Int. Cov. 141.9 155.3 174.1 225.2 Availability Watch + Potential for sizable debt-funded...
|
| Report Type: | Special Report
|
| Company(ies): | Accenture Ltd, Advanced Micro Devices, Inc., Affiliated Computer Services, Inc., Agilent Technologies, Inc., Anixter Inc., Anixter International Inc., Arrow Electronics, Inc., Avnet, Inc., Block Financial LLC, Broadridge Financial Solutions, Inc., CA, Inc., Celestica Inc., Computer Sciences Corporation, Convergys Corporation, Corning Inc., Dell Inc., Eastman Kodak Company, eBay Inc., Fidelity National Information Services Inc, First Data Corporation
|
| Ticker(s): | A , ACN , ACS , AMD , ARW , AVT , AXE , BR , CA , CLS , CSC , CVG , DELL , EBAY , EK , FIS , FLEX , GLW , HPQ , HRB
|
| Issuer: | Western Union Company (The)
|
| Free Sample: |
Click Here to Download
|
| Format: | | PDF |  |
|
