...Company Ratings Key Credit Strengths/Concerns Quarterly Financial Analysis Liquidity Analysis Accenture Ltd Strengths: 4Q08 1Q09 2Q09 3Q09 (Ticker: ACN) + Strong balance sheet with negligible debt. Revenues 6,561.1 6,470.6 5,657.5 5,537.4 Period Ended 5/31/09 + Solid liquidity supported by consistent free cash flow. EBITDA 932.0 915.6 799.4 851.7 LTM Free Cash Flow 2,511 IDR A+ + Established, long-term client relationships, industry expertise and extensive offshore delivery capability. Margin (%) 14.2 14.5 14.1 15.4 Cash 4,021 + Solid demand for Accenture's outsourcing services. Total Debt 8.3 2.4 1.5 1.7 Sr. Unsecured Bank Facility A+ + Recurring revenue from longer-term outsourcing contracts (approx. 40% of total revenue). Cash 3,642.1 2,808.5 3,003.3 4,021.2 Primary Credit Facility: Availability 1,032 + Diversified revenue base. FCF 944.0 17.8 578.0 971.1 Expiration July 2012 Outlook Stable Int. Cov. 155.3 174.1 225.2 232.8 Watch Concerns: Leverage 0.0 0.0 0.0 0.0 AR Securitization...
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| Report Type: | Special Report
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| Company(ies): | Anixter Inc., Texas Instruments Incorporated, International Rectifier Corporation, Accenture PLC, Arrow Electronics, Inc., Broadridge Financial Solutions, Inc., Tyco Electronics Ltd., Avnet, Inc., Celestica Inc., Advanced Micro Devices, Inc., The Western Union Company, Motorola, Inc., CA, Inc., Microsoft Corporation, First Data Corporation, Ingram Micro, Inc., Affiliated Computer Services, Inc., Anixter International Inc., Sanmina-SCI Corporation, Convergys Corporation
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| Ticker(s): | HRB , MSFT , JAVA , MOT , EK , CVG , ACS , AMD , AXE , JBL , UIS , IBM , BR , ARW , TEL , CLS , AVT , A , STX , TECD
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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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