Thac Ba Hydropower JSC (TBC) — Working Capital to Net Assets Ratio
Thac Ba Hydropower JSC (TBC) has a Working Capital to Net Assets ratio of 8.3% as of December 2025. Working capital of ₫122.78 Billion (current assets of ₫222.15 Billion minus current liabilities of ₫99.37 Billion) is measured against net assets of ₫1.48 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thac Ba Hydropower JSC (TBC) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thac Ba Hydropower JSC Working Capital to Net Assets (2019–2025)
This chart shows how Thac Ba Hydropower JSC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 8.3%, reflecting working capital of ₫122.78 Billion against net assets of ₫1.48 Trillion VND. Check Thac Ba Hydropower JSC tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thac Ba Hydropower JSC (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thac Ba Hydropower JSC 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 Thac Ba Hydropower JSC market capitalisation.
| Year | WC/NA Ratio | Working Capital (VND) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 8.3% | ₫122.78 Billion | ₫1.48 Trillion | ₫222.15 Billion | ₫99.37 Billion | ▲ +1.5 pp |
| 2024 | 6.9% | ₫93.68 Billion | ₫1.36 Trillion | ₫235.48 Billion | ₫141.80 Billion | ▼ -9.7 pp |
| 2023 | 16.6% | ₫221.88 Billion | ₫1.34 Trillion | ₫373.68 Billion | ₫151.80 Billion | ▼ -2.0 pp |
| 2022 | 18.6% | ₫255.16 Billion | ₫1.37 Trillion | ₫370.36 Billion | ₫115.19 Billion | ▲ +5.1 pp |
| 2021 | 13.5% | ₫163.82 Billion | ₫1.22 Trillion | ₫310.28 Billion | ₫146.46 Billion | ▼ -3.5 pp |
| 2020 | 17.0% | ₫209.16 Billion | ₫1.23 Trillion | ₫289.25 Billion | ₫80.09 Billion | ▲ +5.8 pp |
| 2019 | 11.1% | ₫127.47 Billion | ₫1.15 Trillion | ₫248.69 Billion | ₫121.22 Billion | — |