Vietnam Airlines JSC (HVN) — Financial Flexibility Index

Latest as of June 2025: 0.04x

Vietnam Airlines JSC (HVN) has a Financial Flexibility Index of 0.04x as of June 2025. Free cash flow of ₫2.63 Trillion (operating CF ₫2.14 Trillion minus capex ₫492.76 Billion) represents 0% of total liabilities (₫65.34 Trillion). Also explore how fast is Vietnam Airlines JSC growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

₫2.63 Trillion
Operating CF − Capex

Total Liabilities

₫65.34 Trillion
VND

Capital Expenditures

₫492.76 Billion
VND

Vietnam Airlines JSC Financial Flexibility Index (2019–2024)

Historical Financial Flexibility Index trend for Vietnam Airlines JSC across 6 annual periods. Check how strategically is Vietnam Airlines JSC's equity deployed to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Vietnam Airlines JSC (2019–2024)

Year-by-year free cash flow to debt coverage for Vietnam Airlines JSC. For the full company profile including market capitalisation, see Vietnam Airlines JSC stock valuation.

Year Flexibility Index Free Cash Flow (VND) Operating CF Total Liabilities YoY Change
2024 0.14x ₫9.76 Trillion ₫9.44 Trillion ₫67.53 Trillion ▲ +154.4%
2023 0.06x ₫4.25 Trillion ₫3.46 Trillion ₫74.74 Trillion ▼ -48.1%
2022 0.11x ₫7.84 Trillion ₫6.88 Trillion ₫71.69 Trillion ▲ +209.1%
2021 -0.10x ₫-6.27 Trillion ₫-6.76 Trillion ₫62.53 Trillion ▲ +4.6%
2020 -0.11x ₫-5.94 Trillion ₫-6.46 Trillion ₫56.49 Trillion ▼ -160.3%
2019 0.17x ₫10.09 Trillion ₫8.82 Trillion ₫57.85 Trillion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities