Ho Chi Minh City Securities Corp (HCM) — Defensive Interval Ratio

Latest as of December 2025: 165 days

Ho Chi Minh City Securities Corp (HCM) has a Defensive Interval Ratio of 165 days as of December 2025. Defensive assets of ₫14.41 Trillion (cash ₫-, short-term investments ₫13.77 Trillion, receivables ₫648.87 Billion) cover 165 days of daily cash needs of ₫87.55 Billion/day. See working capital position of Ho Chi Minh City Securities Corp to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

₫14.41 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫87.55 Billion
Current Liabilities ÷ 365

Current Liabilities

₫31.96 Trillion
VND

Ho Chi Minh City Securities Corp Defensive Interval Ratio (2019–2025)

This chart shows how Ho Chi Minh City Securities Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 165 days, meaning defensive assets of ₫14.41 Trillion can fund 165 days of operations without new revenue. See how leveraged is Ho Chi Minh City Securities Corp's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ho Chi Minh City Securities Corp (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ho Chi Minh City Securities Corp from 2019 to 2025, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see HCM market cap.

Year DIR (days) Defensive Assets (VND) Daily Cash Need Cash ST Investments Change (days)
2025 165 days ₫14.41 Trillion ₫87.55 Billion/day ₫- ₫13.77 Trillion ▲ +106 days
2024 58 days ₫3.34 Trillion ₫57.25 Billion/day ₫- ₫2.79 Trillion ▼ -30 days
2023 88 days ₫2.31 Trillion ₫26.30 Billion/day ₫- ₫1.96 Trillion ▼ -16 days
2022 104 days ₫2.15 Trillion ₫20.70 Billion/day ₫- ₫1.40 Trillion ▲ +50 days
2021 54 days ₫2.51 Trillion ₫46.70 Billion/day ₫- ₫1.67 Trillion ▼ -51 days
2020 105 days ₫2.31 Trillion ₫22.05 Billion/day ₫- ₫2.06 Trillion ▼ -614 days
2019 719 days ₫6.27 Trillion ₫8.72 Billion/day ₫- ₫1.21 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)