VinFast Other Current Assets vs Accounts Payable 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 Other Current Assets and its Accounts Payable 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.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VinFast Auto Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VinFast Auto's Other Current Assets and Accounts Payable is -0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable 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 Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of VinFast Auto Ltd are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., VinFast Auto's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
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.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.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
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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.