VinFast Other Current Assets from 2010 to 2024

VFS Stock   3.91  0.06  1.51%   
VinFast Auto Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
5.1 T
Current Value
7.9 T
Quarterly Volatility
T
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VinFast Auto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VinFast Auto's main balance sheet or income statement drivers, such as Tax Provision of 71 B, Interest Income of 78.5 B or Depreciation And Amortization of 6.2 T, as well as many indicators such as Price To Sales Ratio of 13.13, Dividend Yield of 0.0 or Days Sales Outstanding of 220. VinFast financial statements analysis is a perfect complement when working with VinFast Auto Valuation or Volatility modules.
  
Check out the analysis of VinFast Auto Correlation against competitors.

Latest VinFast Auto's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of VinFast Auto Ltd over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. VinFast Auto's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VinFast Auto's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

VinFast Other Current Assets Regression Statistics

Arithmetic Mean4,146,100,543,333
Geometric Mean3,468,373,092,866
Coefficient Of Variation73.09
Mean Deviation2,364,840,930,222
Median2,533,709,000,000
Standard Deviation3,030,298,012,718
Sample Variance9182706045882.1T
Range8.5T
R-Value0.67
Mean Square Error5487517977378.1T
R-Squared0.45
Significance0.01
Slope452,059,378,750
Total Sum of Squares128557884642349.2T

VinFast Other Current Assets History

20247.9 T
20235.1 T
202211 T
202110.3 T

About VinFast Auto Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include VinFast Auto income statement, its balance sheet, and the statement of cash flows. VinFast Auto investors use historical funamental indicators, such as VinFast Auto's Other Current Assets, to determine how well the company is positioned to perform in the future. Although VinFast Auto investors may use each financial statement separately, they are all related. The changes in VinFast Auto's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VinFast Auto's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on VinFast Auto Financial Statements. Understanding these patterns can help to make the right decision on long term investment in VinFast Auto. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets5.1 T7.9 T

Pair Trading with VinFast Auto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VinFast Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VinFast Auto will appreciate offsetting losses from the drop in the long position's value.

Moving against VinFast Stock

  0.63KNDI Kandi TechnologiesPairCorr
  0.38NWTN NWTN Class BPairCorr
  0.35CPS Cooper StndPairCorr
The ability to find closely correlated positions to VinFast Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VinFast Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VinFast Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VinFast Auto Ltd to buy it.
The correlation of VinFast Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VinFast Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VinFast Auto moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VinFast Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for VinFast Stock Analysis

When running VinFast Auto's price analysis, check to measure VinFast Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VinFast Auto is operating at the current time. Most of VinFast Auto's value examination focuses on studying past and present price action to predict the probability of VinFast Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VinFast Auto's price. Additionally, you may evaluate how the addition of VinFast Auto to your portfolios can decrease your overall portfolio volatility.