VinFast Accounts Payable vs Cash Analysis
VFS Stock | 3.93 0.02 0.51% |
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 Accounts Payable and its Cash 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 closely tied with the direction of predictive economic indicators such as signals in census.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VinFast Auto Accounts Payable account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VinFast Auto's Accounts Payable and Cash is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash 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 Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of VinFast Auto Ltd are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., VinFast Auto's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents VinFast Auto obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VinFast Auto are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of VinFast Auto, which is listed under current asset account on VinFast Auto Ltd balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from VinFast Auto customers. The amounts must be unrestricted with restricted cash listed in a different VinFast Auto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 closely tied 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 Amortization | 4.9T | 6.3T | 6.3T | 6.0T | Interest Income | 440.3B | 83.6B | 82.7B | 78.5B |
VinFast Auto fundamental ratios Correlations
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VinFast Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.