Tien Phong Securities Corp (ORS) — Working Capital to Net Assets Ratio
Tien Phong Securities Corp (ORS) has a Working Capital to Net Assets ratio of 151.4% as of March 2026. Working capital of ₫11.62 Trillion (current assets of ₫14.56 Trillion minus current liabilities of ₫2.95 Trillion) is measured against net assets of ₫7.67 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ORS net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tien Phong Securities Corp Working Capital to Net Assets (2020–2025)
This chart shows how Tien Phong Securities Corp's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 151.4%, reflecting working capital of ₫11.62 Trillion against net assets of ₫7.67 Trillion VND. Check ORS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tien Phong Securities Corp (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tien Phong Securities Corp from 2020 to 2025, 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 live market cap and the full company profile, see ORS market cap.
| Year | WC/NA Ratio | Working Capital (VND) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 156.2% | ₫11.93 Trillion | ₫7.64 Trillion | ₫14.30 Trillion | ₫2.37 Trillion | ▼ -19.0 pp |
| 2024 | 175.2% | ₫6.87 Trillion | ₫3.92 Trillion | ₫11.15 Trillion | ₫4.28 Trillion | ▼ -41.0 pp |
| 2023 | 216.1% | ₫5.48 Trillion | ₫2.54 Trillion | ₫6.88 Trillion | ₫1.40 Trillion | ▼ -10.9 pp |
| 2022 | 227.0% | ₫5.24 Trillion | ₫2.31 Trillion | ₫6.64 Trillion | ₫1.40 Trillion | ▲ +52.4 pp |
| 2021 | 174.6% | ₫3.79 Trillion | ₫2.17 Trillion | ₫4.38 Trillion | ₫591.02 Billion | ▼ -26.7 pp |
| 2020 | 201.3% | ₫1.93 Trillion | ₫960.52 Billion | ₫2.13 Trillion | ₫198.75 Billion | — |