PetroVietnam Drilling & Well Service Corp (PVD) — Defensive Interval Ratio

Latest as of March 2026: 365 days

PetroVietnam Drilling & Well Service Corp (PVD) has a Defensive Interval Ratio of 365 days as of March 2026. Defensive assets of ₫6.50 Trillion (cash ₫-, short-term investments ₫1.70 Trillion, receivables ₫4.80 Trillion) cover 365 days of daily cash needs of ₫17.80 Billion/day.

Defensive Interval Ratio

365 days
Days of operational coverage

Defensive Assets

₫6.50 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫17.80 Billion
Current Liabilities ÷ 365

Current Liabilities

₫6.50 Trillion
VND

PetroVietnam Drilling & Well Service Corp Defensive Interval Ratio (2019–2025)

This chart shows how PetroVietnam Drilling & Well Service Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 365 days, meaning defensive assets of ₫6.50 Trillion can fund 365 days of operations without new revenue. For the complete balance sheet picture, see how large is PetroVietnam Drilling & Well Service Cor's balance sheet.

Annual Defensive Interval Ratio for PetroVietnam Drilling & Well Service Corp (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for PetroVietnam Drilling & Well Service 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 PVD net 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 275 days ₫5.00 Trillion ₫18.16 Billion/day ₫- ₫686.86 Billion ▼ -22 days
2024 297 days ₫3.44 Trillion ₫11.59 Billion/day ₫- ₫720.25 Billion ▼ -51 days
2023 348 days ₫3.00 Trillion ₫8.62 Billion/day ₫- ₫1.28 Trillion ▼ -6433345 days
2022 6433693 days ₫2.16 Trillion ₫335.68K/day ₫- ₫424.47 Billion ▼ -1353703 days
2021 7787396 days ₫2.86 Trillion ₫366.72K/day ₫- ₫1.54 Trillion ▲ +1607050 days
2020 6180346 days ₫2.06 Trillion ₫332.85K/day ₫- ₫1.20 Trillion ▲ +3083660 days
2019 3096686 days ₫1.05 Trillion ₫339.18K/day ₫- ₫1.05 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)