VinFast Total Current Assets vs Long Term Debt Analysis

VFS Stock   4.82  0.05  1.03%   
VinFast Auto financial indicator trend analysis is much more than just breaking down VinFast Auto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VinFast Auto is a good investment. Please check the relationship between VinFast Auto Total Current Assets and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VinFast Auto Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VinFast Auto Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between VinFast Auto's Total Current Assets and Long Term Debt is -0.53. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of VinFast Auto Ltd, assuming nothing else is changed. The correlation between historical values of VinFast Auto's Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of VinFast Auto Ltd are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., VinFast Auto's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that VinFast Auto has held for over one year. Long-term debt appears on VinFast Auto Ltd balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on VinFast Auto Ltd balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from VinFast Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VinFast Auto current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VinFast Auto Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Tax Provision is likely to drop slightly above 71 B in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization5.2T6.7T6.3T6.2T
Interest Income440.3B83.6B82.7B78.5B

VinFast Auto fundamental ratios Correlations

0.70.680.79-0.840.95-0.760.970.530.68-0.930.840.780.640.850.7-0.80.78-0.33-0.81-0.430.75-0.270.950.970.42
0.70.970.96-0.960.59-0.950.830.831.0-0.90.690.940.010.23-0.01-0.310.94-0.83-0.63-0.490.53-0.030.860.80.83
0.680.970.99-0.90.59-0.870.830.70.97-0.860.580.870.070.260.02-0.370.87-0.69-0.66-0.350.4-0.140.860.780.7
0.790.960.99-0.940.71-0.910.90.720.96-0.920.690.910.180.40.17-0.460.91-0.66-0.7-0.360.52-0.140.930.870.7
-0.84-0.96-0.9-0.94-0.750.98-0.91-0.86-0.950.97-0.85-0.98-0.17-0.43-0.220.44-0.980.770.690.53-0.720.03-0.93-0.91-0.82
0.950.590.590.71-0.75-0.710.890.510.55-0.810.870.750.570.870.79-0.690.75-0.23-0.61-0.160.81-0.060.910.960.4
-0.76-0.95-0.87-0.910.98-0.71-0.83-0.93-0.930.92-0.87-1.0-0.02-0.33-0.150.28-1.00.840.540.45-0.76-0.16-0.89-0.87-0.9
0.970.830.830.9-0.910.89-0.830.590.82-0.970.790.840.540.730.52-0.750.84-0.45-0.86-0.480.65-0.310.980.960.51
0.530.830.70.72-0.860.51-0.930.590.81-0.730.830.92-0.280.07-0.040.050.92-0.93-0.23-0.370.770.450.690.680.99
0.681.00.970.96-0.950.55-0.930.820.81-0.890.650.920.010.2-0.04-0.310.92-0.82-0.64-0.50.49-0.070.840.770.81
-0.93-0.9-0.86-0.920.97-0.810.92-0.97-0.73-0.89-0.83-0.91-0.4-0.59-0.380.63-0.910.630.820.6-0.70.22-0.95-0.94-0.66
0.840.690.580.69-0.850.87-0.870.790.830.65-0.830.890.220.590.53-0.370.89-0.59-0.43-0.310.980.270.850.90.73
0.780.940.870.91-0.980.75-1.00.840.920.92-0.910.890.030.370.2-0.291.0-0.8-0.52-0.380.780.180.910.90.88
0.640.010.070.18-0.170.57-0.020.54-0.280.01-0.40.220.030.880.8-0.950.030.42-0.73-0.320.18-0.740.40.44-0.4
0.850.230.260.4-0.430.87-0.330.730.070.2-0.590.590.370.880.95-0.890.370.2-0.66-0.170.56-0.390.680.74-0.07
0.7-0.010.020.17-0.220.79-0.150.52-0.04-0.04-0.380.530.20.80.95-0.740.20.36-0.410.040.56-0.210.50.59-0.19
-0.8-0.31-0.37-0.460.44-0.690.28-0.750.05-0.310.63-0.37-0.29-0.95-0.89-0.74-0.29-0.170.890.43-0.280.75-0.62-0.640.15
0.780.940.870.91-0.980.75-1.00.840.920.92-0.910.891.00.030.370.2-0.29-0.8-0.52-0.380.780.180.910.90.88
-0.33-0.83-0.69-0.660.77-0.230.84-0.45-0.93-0.820.63-0.59-0.80.420.20.36-0.17-0.80.230.51-0.51-0.33-0.51-0.47-0.96
-0.81-0.63-0.66-0.70.69-0.610.54-0.86-0.23-0.640.82-0.43-0.52-0.73-0.66-0.410.89-0.520.230.69-0.280.73-0.73-0.7-0.17
-0.43-0.49-0.35-0.360.53-0.160.45-0.48-0.37-0.50.6-0.31-0.38-0.32-0.170.040.43-0.380.510.69-0.260.47-0.33-0.33-0.35
0.750.530.40.52-0.720.81-0.760.650.770.49-0.70.980.780.180.560.56-0.280.78-0.51-0.28-0.260.370.730.80.67
-0.27-0.03-0.14-0.140.03-0.06-0.16-0.310.45-0.070.220.270.18-0.74-0.39-0.210.750.18-0.330.730.470.37-0.11-0.070.47
0.950.860.860.93-0.930.91-0.890.980.690.84-0.950.850.910.40.680.5-0.620.91-0.51-0.73-0.330.73-0.110.990.62
0.970.80.780.87-0.910.96-0.870.960.680.77-0.940.90.90.440.740.59-0.640.9-0.47-0.7-0.330.8-0.070.990.6
0.420.830.70.7-0.820.4-0.90.510.990.81-0.660.730.88-0.4-0.07-0.190.150.88-0.96-0.17-0.350.670.470.620.6
Click cells to compare fundamentals

VinFast Auto Account Relationship Matchups

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

  0.56SUP Superior IndustriesPairCorr
  0.43CPS 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
When determining whether VinFast Auto is a strong investment it is important to analyze VinFast Auto's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VinFast Auto's future performance. For an informed investment choice regarding VinFast Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VinFast Auto Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the VinFast Auto information on this page should be used as a complementary analysis to other VinFast Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary 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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Stocks Directory
Find actively traded stocks across global markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Is VinFast Auto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VinFast Auto. If investors know VinFast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VinFast Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Revenue Per Share
14.7 K
Quarterly Revenue Growth
2.685
Return On Assets
(0.18)
The market value of VinFast Auto is measured differently than its book value, which is the value of VinFast that is recorded on the company's balance sheet. Investors also form their own opinion of VinFast Auto's value that differs from its market value or its book value, called intrinsic value, which is VinFast Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VinFast Auto's market value can be influenced by many factors that don't directly affect VinFast Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VinFast Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if VinFast Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VinFast Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.