Thien Viet Securities JSC (TVS) — Cash Flow-to-Debt Ratio
Thien Viet Securities JSC (TVS) has a Cash Flow-to-Debt Ratio of -0.28x as of June 2026, meaning its operating cash flow of ₫-1.17 Trillion could theoretically repay 0% of its total liabilities (₫4.17 Trillion) in one year. See Thien Viet Securities JSC (TVS) financial flexibility 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
Thien Viet Securities JSC Cash Flow-to-Debt Ratio (2020–2025)
Historical debt coverage capacity for Thien Viet Securities JSC across 6 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Thien Viet Securities JSC.
Annual Cash Flow-to-Debt Ratio for Thien Viet Securities JSC (2020–2025)
Year-by-year debt coverage analysis for Thien Viet Securities JSC. Check Thien Viet Securities JSC (TVS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (VND) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | ₫649.91 Billion | ₫4.70 Trillion | ▲ +258.8% |
| 2024 | -0.09x | ₫-439.74 Billion | ₫5.05 Trillion | ▲ +24.1% |
| 2023 | -0.11x | ₫-1.32 Trillion | ₫11.47 Trillion | ▼ -623.8% |
| 2022 | 0.02x | ₫168.35 Billion | ₫7.69 Trillion | ▲ +122.7% |
| 2021 | -0.10x | ₫-523.48 Billion | ₫5.43 Trillion | ▲ +52.7% |
| 2020 | -0.20x | ₫-530.34 Billion | ₫2.60 Trillion | — |