Masan Group Corp Working Capital to Net Assets Ratio

Latest as of June 2025: -10.2%

Masan Group Corp working capital to net assets ratio. Masan Group Corp (MSN) has a Working Capital to Net Assets ratio of -10.2% as of June 2025. Working capital of ₫-4.26 Trillion (current assets of ₫32.65 Trillion minus current liabilities of ₫36.92 Trillion) is measured against net assets of ₫41.64 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MSN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-10.2%
Working Capital / Net Assets

Working Capital

₫-4.26 Trillion
VND

Current Assets

₫32.65 Trillion
VND

Current Liabilities

₫36.92 Trillion
VND

Working Capital to Net Assets Ratio of Masan Group Corp (2019–2024)

Working capital to net assets ratio of Masan Group Corp from 2019 to 2024. This chart shows how Masan Group Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at -10.2%, reflecting working capital of ₫-4.26 Trillion against net assets of ₫41.64 Trillion VND. See MSN defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Masan Group Corp Working Capital to Net Assets Ratio by Year (2019–2024)

Masan Group Corp working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Masan Group Corp from 2019 to 2024, covering 6 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. For the complete balance sheet picture, see Masan Group Corp asset portfolio.

Year WC/NA Ratio Working Capital (VND) Net Assets Current Assets Current Liabilities Change (pp)
2024 -12.6% ₫-5.14 Trillion ₫40.75 Trillion ₫53.57 Trillion ₫58.71 Trillion ▲ +4.8 pp
2023 -17.4% ₫-6.66 Trillion ₫38.24 Trillion ₫43.76 Trillion ₫50.42 Trillion ▲ +30.8 pp
2022 -48.2% ₫-17.65 Trillion ₫36.64 Trillion ₫47.67 Trillion ₫65.32 Trillion ▼ -69.6 pp
2021 21.5% ₫9.08 Trillion ₫42.34 Trillion ₫43.63 Trillion ₫34.55 Trillion ▲ +57.9 pp
2020 -36.4% ₫-9.11 Trillion ₫25.03 Trillion ₫29.76 Trillion ₫38.87 Trillion ▼ -24.4 pp
2019 -12.0% ₫-6.23 Trillion ₫51.89 Trillion ₫24.26 Trillion ₫30.49 Trillion —
pp = percentage points