Thien Viet Securities JSC (TVS) — Working Capital to Net Assets Ratio
Thien Viet Securities JSC (TVS) has a Working Capital to Net Assets ratio of 77.6% as of March 2026. Working capital of ₫2.30 Trillion (current assets of ₫5.09 Trillion minus current liabilities of ₫2.78 Trillion) is measured against net assets of ₫2.97 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TVS FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thien Viet Securities JSC Working Capital to Net Assets (2020–2025)
This chart shows how Thien Viet Securities JSC'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 77.6%, reflecting working capital of ₫2.30 Trillion against net assets of ₫2.97 Trillion VND. See how many days can Thien Viet Securities JSC fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thien Viet Securities JSC (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thien Viet Securities JSC 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 market cap of Thien Viet Securities JSC.
| Year | WC/NA Ratio | Working Capital (VND) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 95.0% | ₫2.79 Trillion | ₫2.94 Trillion | ₫7.18 Trillion | ₫4.38 Trillion | ▲ +19.8 pp |
| 2024 | 75.2% | ₫1.76 Trillion | ₫2.33 Trillion | ₫6.79 Trillion | ₫5.03 Trillion | ▲ +60.6 pp |
| 2023 | 14.6% | ₫299.92 Billion | ₫2.06 Trillion | ₫11.58 Trillion | ₫11.28 Trillion | ▲ +120.1 pp |
| 2022 | -105.5% | ₫-1.87 Trillion | ₫1.77 Trillion | ₫5.63 Trillion | ₫7.49 Trillion | ▼ -102.4 pp |
| 2021 | -3.1% | ₫-54.61 Billion | ₫1.75 Trillion | ₫5.35 Trillion | ₫5.40 Trillion | ▼ -89.1 pp |
| 2020 | 86.0% | ₫1.12 Trillion | ₫1.31 Trillion | ₫3.68 Trillion | ₫2.56 Trillion | — |