...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...
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| Report Type: | Special Report
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| Company(ies): | Tech Data Corporation, Arrow Electronics, Inc., Texas Instruments Incorporated, International Rectifier Corporation, International Business Machines Corp, Celestica Inc., Advanced Micro Devices, Inc., Convergys Corporation, H & R Block Inc., Motorola, Inc., KLA-Tencor Corporation, The Western Union Company, eBay Inc., Fidelity National Information Services Inc, Anixter International Inc., Affiliated Computer Services, Inc., Tyco Electronics Ltd., Dell Inc., MoneyGram Payment Systems Worldwide, Inc., Unisys Corporation
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| Ticker(s): | CLS , UIS , TECD , TEL , CVG , XRX , ACS , FLEX , MSFT , IBM , IRF , ARW , EK , GLW , CA , IM , FIS , EBAY , BR , A
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| Issuer: | Western Union Company (The)
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| Free Sample: |
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| Format: | | PDF |  |
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