Thac Mo Hydropower JSC (TMP) — Defensive Interval Ratio

Latest as of December 2025: 1098 days

Thac Mo Hydropower JSC (TMP) has a Defensive Interval Ratio of 1098 days as of December 2025. Defensive assets of ₫988.21 Billion (cash ₫-, short-term investments ₫767.80 Billion, receivables ₫220.41 Billion) cover 1098 days of daily cash needs of ₫899.84 Million/day.

Defensive Interval Ratio

1098 days
Days of operational coverage

Defensive Assets

₫988.21 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₫899.84 Million
Current Liabilities ÷ 365

Current Liabilities

₫328.44 Billion
VND

Thac Mo Hydropower JSC Defensive Interval Ratio (2019–2025)

This chart shows how Thac Mo Hydropower JSC's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 1098 days, meaning defensive assets of ₫988.21 Billion can fund 1098 days of operations without new revenue. For the complete balance sheet picture, see Thac Mo Hydropower JSC balance sheet assets.

Annual Defensive Interval Ratio for Thac Mo Hydropower JSC (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thac Mo Hydropower JSC 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 Thac Mo Hydropower JSC current assets vs equity 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 1098 days ₫988.21 Billion ₫899.84 Million/day ₫- ₫767.80 Billion ▼ -341 days
2024 1439 days ₫808.04 Billion ₫561.40 Million/day ₫- ₫455.00 Billion ▲ +13 days
2023 1427 days ₫882.94 Billion ₫618.83 Million/day ₫- ₫246.50 Billion ▼ -250 days
2022 1677 days ₫1.04 Trillion ₫618.52 Million/day ₫- ₫752.00 Billion ▲ +133 days
2021 1544 days ₫656.37 Billion ₫425.01 Million/day ₫- ₫433.00 Billion ▼ -681 days
2020 2225 days ₫763.94 Billion ₫343.35 Million/day ₫- ₫674.00 Billion ▼ -479 days
2019 2704 days ₫1.10 Trillion ₫408.01 Million/day ₫- ₫832.50 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)