Thac Ba Hydropower JSC (TBC) — Financial Flexibility Index
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 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Thac Ba Hydropower JSC Financial Flexibility Index (2019–2025)
Historical Financial Flexibility Index trend for Thac Ba Hydropower JSC across 7 annual periods. For the full cash flow conversion analysis, see Thac Ba Hydropower JSC cash flow conversion.
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. Explore how well can Thac Ba Hydropower JSC service its debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |