Ho Chi Minh City Securities Corp (HCM) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see balance sheet size of Ho Chi Minh City Securities Corp.
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. See HCM working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |