Thac Ba Hydropower JSC (TBC) — Financial Flexibility Index

Latest as of December 2025: 0.59x

Thac Ba Hydropower JSC (TBC) has a Financial Flexibility Index of 0.59x as of December 2025. Free cash flow of ₫104.95 Billion (operating CF ₫84.47 Billion minus capex ₫20.48 Billion) represents 1% of total liabilities (₫178.14 Billion). Check TBC strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.59x
Free Cash Flow / Total Liabilities

Free Cash Flow

₫104.95 Billion
Operating CF − Capex

Total Liabilities

₫178.14 Billion
VND

Capital Expenditures

₫20.48 Billion
VND

Thac Ba Hydropower JSC Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Thac Ba Hydropower JSC across 7 annual periods. See how liquid is Thac Ba Hydropower JSC's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Thac Ba Hydropower JSC (2019–2025)

Year-by-year free cash flow to debt coverage for Thac Ba Hydropower JSC. For the full company profile including market capitalisation, see Thac Ba Hydropower JSC market capitalisation.

Year Flexibility Index Free Cash Flow (VND) Operating CF Total Liabilities YoY Change
2025 3.12x ₫556.49 Billion ₫383.46 Billion ₫178.14 Billion ▼ -7.5%
2024 3.38x ₫523.36 Billion ₫384.00 Billion ₫154.98 Billion ▲ +230.0%
2023 1.02x ₫201.42 Billion ₫187.33 Billion ₫196.80 Billion ▼ -48.4%
2022 1.98x ₫436.66 Billion ₫430.65 Billion ₫220.19 Billion ▲ +108.4%
2021 0.95x ₫340.86 Billion ₫315.24 Billion ₫358.29 Billion ▼ -2.3%
2020 0.97x ₫356.40 Billion ₫338.76 Billion ₫366.09 Billion ▼ -51.6%
2019 2.01x ₫996.34 Billion ₫255.02 Billion ₫495.41 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities