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. See Vietnam Airlines JSC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See HVN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market cap of Vietnam Airlines JSC.
| 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 | — |