Thac Ba Hydropower JSC (TBC) — Cash Flow-to-Debt Ratio
Thac Ba Hydropower JSC (TBC) has a Cash Flow-to-Debt Ratio of 0.47x as of December 2025, meaning its operating cash flow of ₫84.47 Billion could theoretically repay 0% of its total liabilities (₫178.14 Billion) in one year. See financial agility of Thac Ba Hydropower JSC to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Thac Ba Hydropower JSC Cash Flow-to-Debt Ratio (2019–2025)
Historical debt coverage capacity for Thac Ba Hydropower JSC across 7 annual periods. For the full cash flow conversion analysis, see Thac Ba Hydropower JSC (TBC) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Thac Ba Hydropower JSC (2019–2025)
Year-by-year debt coverage analysis for Thac Ba Hydropower JSC. Check cash flow quality index of Thac Ba Hydropower JSC to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (VND) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 2.15x | ₫383.46 Billion | ₫178.14 Billion | ▼ -13.1% |
| 2024 | 2.48x | ₫384.00 Billion | ₫154.98 Billion | ▲ +160.3% |
| 2023 | 0.95x | ₫187.33 Billion | ₫196.80 Billion | ▼ -51.3% |
| 2022 | 1.96x | ₫430.65 Billion | ₫220.19 Billion | ▲ +122.3% |
| 2021 | 0.88x | ₫315.24 Billion | ₫358.29 Billion | ▼ -4.9% |
| 2020 | 0.93x | ₫338.76 Billion | ₫366.09 Billion | ▲ +79.8% |
| 2019 | 0.51x | ₫255.02 Billion | ₫495.41 Billion | — |