Vietnam Airlines JSC (HVN) — Tangible Net Worth Ratio
Vietnam Airlines JSC (HVN) has a Tangible Net Worth Ratio of 65.2% as of December 2021. This metric is calculated by deducting intangible assets (₫182.26 Billion) from net assets (₫524.21 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see HVN stock market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vietnam Airlines JSC Tangible Net Worth Ratio (2019–2021)
This chart shows how Vietnam Airlines JSC's Tangible Net Worth Ratio has changed across 3 annual periods from 2019 to 2021. As of December 2021, the ratio stands at 65.2%, reflecting net assets of ₫524.21 Billion with intangible assets of ₫182.26 Billion VND. Also explore how fast is Vietnam Airlines JSC growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Vietnam Airlines JSC (2019–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Vietnam Airlines JSC from 2019 to 2021, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See HVN free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (VND) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 65.2% | ₫524.21 Billion | ₫182.26 Billion | ₫63.06 Trillion | ▼ -31.1 pp |
| 2020 | 96.3% | ₫6.07 Trillion | ₫224.47 Billion | ₫62.56 Trillion | ▼ -2.4 pp |
| 2019 | 98.7% | ₫18.61 Trillion | ₫237.43 Billion | ₫76.45 Trillion | — |