Thien Viet Securities JSC (TVS) — Defensive Interval Ratio

Latest as of March 2026: 552 days

Thien Viet Securities JSC (TVS) has a Defensive Interval Ratio of 552 days as of March 2026. Defensive assets of ₫4.21 Trillion (cash ₫-, short-term investments ₫4.04 Trillion, receivables ₫174.41 Billion) cover 552 days of daily cash needs of ₫7.63 Billion/day. See TVS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

552 days
Days of operational coverage

Defensive Assets

₫4.21 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫7.63 Billion
Current Liabilities ÷ 365

Current Liabilities

₫2.78 Trillion
VND

Thien Viet Securities JSC Defensive Interval Ratio (2019–2025)

This chart shows how Thien Viet Securities JSC's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 552 days, meaning defensive assets of ₫4.21 Trillion can fund 552 days of operations without new revenue. See Thien Viet Securities JSC balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Thien Viet Securities JSC (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thien Viet Securities 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. For live market cap and the full company financial profile, see TVS market cap.

Year DIR (days) Defensive Assets (VND) Daily Cash Need Cash ST Investments Change (days)
2025 478 days ₫5.74 Trillion ₫12.01 Billion/day ₫- ₫5.47 Trillion ▲ +33 days
2024 445 days ₫6.14 Trillion ₫13.79 Billion/day ₫- ₫5.81 Trillion ▲ +91 days
2023 354 days ₫10.93 Trillion ₫30.89 Billion/day ₫- ₫10.58 Trillion ▼ -81 days
2022 435 days ₫8.92 Trillion ₫20.53 Billion/day ₫- ₫8.64 Trillion ▲ +7 days
2021 428 days ₫6.33 Trillion ₫14.81 Billion/day ₫- ₫6.16 Trillion ▼ -81 days
2020 509 days ₫3.56 Trillion ₫7.00 Billion/day ₫- ₫3.45 Trillion ▲ +471 days
2019 38 days ₫207.04 Billion ₫5.48 Billion/day ₫- ₫-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)