Thac Ba Hydropower JSC (TBC) — Cash Flow Quality Index
Thac Ba Hydropower JSC (TBC) has a Cash Flow Quality Index of 2.27x as of December 2025. Operating cash flow of ₫84.47 Billion exceeds net income of ₫37.26 Billion, indicating high earnings quality where cash backs reported profits. Explore TBC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thac Ba Hydropower JSC Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Thac Ba Hydropower JSC across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Thac Ba Hydropower JSC (TBC) cash conversion ratio.
Annual Cash Flow Quality Index for Thac Ba Hydropower JSC (2019–2025)
Year-by-year earnings quality comparison for Thac Ba Hydropower JSC.
| Year | Quality Index | Operating CF (VND) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.00x | ₫383.46 Billion | ₫192.19 Billion | ▼ -7.5% |
| 2024 | 2.16x | ₫384.00 Billion | ₫178.03 Billion | ▲ +44.7% |
| 2023 | 1.49x | ₫187.33 Billion | ₫125.71 Billion | ▲ +12.1% |
| 2022 | 1.33x | ₫430.65 Billion | ₫323.91 Billion | ▼ -28.9% |
| 2021 | 1.87x | ₫315.24 Billion | ₫168.60 Billion | ▼ -0.1% |
| 2020 | 1.87x | ₫338.76 Billion | ₫180.95 Billion | ▼ -7.0% |
| 2019 | 2.01x | ₫255.02 Billion | ₫126.74 Billion | — |