Vinhomes JSC (VHM) — Defensive Interval Ratio

Latest as of December 2025: 127 days

Vinhomes JSC (VHM) has a Defensive Interval Ratio of 127 days as of December 2025. Defensive assets of ₫120.07 Trillion (cash ₫-, short-term investments ₫96.23 Trillion, receivables ₫23.84 Trillion) cover 127 days of daily cash needs of ₫945.68 Billion/day. See working capital to net assets of Vinhomes JSC to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

127 days
Days of operational coverage

Defensive Assets

₫120.07 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫945.68 Billion
Current Liabilities ÷ 365

Current Liabilities

₫345.17 Trillion
VND

Vinhomes JSC Defensive Interval Ratio (2019–2025)

This chart shows how Vinhomes JSC's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 127 days, meaning defensive assets of ₫120.07 Trillion can fund 127 days of operations without new revenue. See Vinhomes JSC net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Vinhomes JSC (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Vinhomes 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 Vinhomes JSC market capitalisation.

Year DIR (days) Defensive Assets (VND) Daily Cash Need Cash ST Investments Change (days)
2025 127 days ₫120.07 Trillion ₫945.68 Billion/day ₫- ₫96.23 Trillion ▲ +60 days
2024 67 days ₫53.55 Trillion ₫795.48 Billion/day ₫- ₫35.44 Trillion ▼ -23 days
2023 91 days ₫52.49 Trillion ₫578.28 Billion/day ₫- ₫37.79 Trillion ▲ +25 days
2022 66 days ₫33.89 Trillion ₫514.42 Billion/day ₫- ₫19.33 Trillion ▼ -111 days
2021 177 days ₫36.50 Trillion ₫206.58 Billion/day ₫- ₫21.48 Trillion ▲ +108 days
2020 69 days ₫19.56 Trillion ₫283.25 Billion/day ₫- ₫8.89 Trillion ▼ -79 days
2019 148 days ₫49.18 Trillion ₫333.03 Billion/day ₫- ₫15.65 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)