PetroVietnam Drilling & Well Service Corp (PVD) — Working Capital to Net Assets Ratio

Latest as of March 2026: 24.8%

PetroVietnam Drilling & Well Service Corp (PVD) has a Working Capital to Net Assets ratio of 24.8% as of March 2026. Working capital of ₫4.32 Trillion (current assets of ₫10.82 Trillion minus current liabilities of ₫6.50 Trillion) is measured against net assets of ₫17.45 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PVD net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

24.8%
Working Capital / Net Assets

Working Capital

₫4.32 Trillion
VND

Current Assets

₫10.82 Trillion
VND

Current Liabilities

₫6.50 Trillion
VND

PetroVietnam Drilling & Well Service Corp Working Capital to Net Assets (2019–2025)

This chart shows how PetroVietnam Drilling & Well Service Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 24.8%, reflecting working capital of ₫4.32 Trillion against net assets of ₫17.45 Trillion VND. Check PVD tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for PetroVietnam Drilling & Well Service Corp (2019–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for PetroVietnam Drilling & Well Service Corp from 2019 to 2025, covering 7 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 PVD market cap.

Year WC/NA Ratio Working Capital (VND) Net Assets Current Assets Current Liabilities Change (pp)
2025 18.7% ₫3.20 Trillion ₫17.10 Trillion ₫9.83 Trillion ₫6.63 Trillion ▼ -4.0 pp
2024 22.7% ₫3.65 Trillion ₫16.05 Trillion ₫7.88 Trillion ₫4.23 Trillion ▼ -2.7 pp
2023 25.4% ₫3.78 Trillion ₫14.90 Trillion ₫6.93 Trillion ₫3.15 Trillion ▲ +25.4 pp
2022 0.0% ₫118.65 Million ₫14.08 Trillion ₫241.17 Million ₫122.52 Million ▲ +0.0 pp
2021 0.0% ₫105.93 Million ₫13.83 Trillion ₫239.79 Million ₫133.85 Million ▲ +0.0 pp
2020 0.0% ₫100.23 Million ₫14.04 Trillion ₫221.72 Million ₫121.49 Million ▼ 0.0 pp
2019 0.0% ₫122.95 Million ₫14.20 Trillion ₫246.75 Million ₫123.80 Million
pp = percentage points