BIDV Insurance Corp (BIC) — Working Capital to Net Assets Ratio

Latest as of June 2023: 69.9%

BIDV Insurance Corp (BIC) has a Working Capital to Net Assets ratio of 69.9% as of June 2023. Working capital of ₫1.79 Trillion (current assets of ₫6.78 Trillion minus current liabilities of ₫4.98 Trillion) is measured against net assets of ₫2.56 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can BIDV Insurance Corp fund operations to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

69.9%
Working Capital / Net Assets

Working Capital

₫1.79 Trillion
VND

Current Assets

₫6.78 Trillion
VND

Current Liabilities

₫4.98 Trillion
VND

BIDV Insurance Corp Working Capital to Net Assets (2019–2022)

This chart shows how BIDV Insurance Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 69.9%, reflecting working capital of ₫1.79 Trillion against net assets of ₫2.56 Trillion VND. For the complete balance sheet picture, see BIDV Insurance Corp asset portfolio.

Annual Working Capital to Net Assets for BIDV Insurance Corp (2019–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for BIDV Insurance Corp from 2019 to 2022, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check BIDV Insurance Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (VND) Net Assets Current Assets Current Liabilities Change (pp)
2022 70.9% ₫1.84 Trillion ₫2.60 Trillion ₫5.90 Trillion ₫4.05 Trillion ▲ +3.3 pp
2021 67.6% ₫1.74 Trillion ₫2.58 Trillion ₫5.20 Trillion ₫3.46 Trillion ▲ +8.5 pp
2020 59.1% ₫1.43 Trillion ₫2.42 Trillion ₫4.82 Trillion ₫3.39 Trillion ▲ +15.9 pp
2019 43.2% ₫969.13 Billion ₫2.24 Trillion ₫4.22 Trillion ₫3.25 Trillion
pp = percentage points