PetroVietnam Drilling & Well Service Corp (PVD) — Working Capital to Net Assets Ratio
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 financial agility of PetroVietnam Drilling & Well Service Cor to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. See PVD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 overview.
| 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 | — |