Thac Mo Hydropower JSC (TMP) — Working Capital to Net Assets Ratio
Thac Mo Hydropower JSC (TMP) has a Working Capital to Net Assets ratio of 50.9% as of December 2025. Working capital of ₫861.36 Billion (current assets of ₫1.19 Trillion minus current liabilities of ₫328.44 Billion) is measured against net assets of ₫1.69 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thac Mo Hydropower JSC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thac Mo Hydropower JSC Working Capital to Net Assets (2019–2025)
This chart shows how Thac Mo 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 50.9%, reflecting working capital of ₫861.36 Billion against net assets of ₫1.69 Trillion VND. For the complete balance sheet picture, see balance sheet size of Thac Mo Hydropower JSC.
Annual Working Capital to Net Assets for Thac Mo Hydropower JSC (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thac Mo 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. Check how resilient are Thac Mo Hydropower JSC's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (VND) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.9% | ₫861.36 Billion | ₫1.69 Trillion | ₫1.19 Trillion | ₫328.44 Billion | ▲ +2.9 pp |
| 2024 | 48.0% | ₫738.94 Billion | ₫1.54 Trillion | ₫943.85 Billion | ₫204.91 Billion | ▼ -1.8 pp |
| 2023 | 49.8% | ₫789.74 Billion | ₫1.59 Trillion | ₫1.02 Trillion | ₫225.87 Billion | ▼ -3.1 pp |
| 2022 | 52.8% | ₫891.79 Billion | ₫1.69 Trillion | ₫1.12 Trillion | ₫225.76 Billion | ▲ +10.3 pp |
| 2021 | 42.5% | ₫595.87 Billion | ₫1.40 Trillion | ₫751.00 Billion | ₫155.13 Billion | ▼ -5.9 pp |
| 2020 | 48.4% | ₫756.01 Billion | ₫1.56 Trillion | ₫881.34 Billion | ₫125.32 Billion | ▼ -17.7 pp |
| 2019 | 66.1% | ₫991.70 Billion | ₫1.50 Trillion | ₫1.14 Trillion | ₫148.92 Billion | — |