VinFast Other Current Assets vs Retained Earnings 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 Retained Earnings 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 Retained Earnings

Other Current Assets vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between VinFast Auto's Other Current Assets and Retained Earnings is 0.55. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., VinFast Auto's Other Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Amortization4.9T6.3T6.3T6.0T
Interest Income440.3B83.6B82.7B78.5B

VinFast Auto fundamental ratios Correlations

0.860.470.79-0.840.95-0.760.970.70.85-0.930.840.780.640.85-0.53-0.80.780.81-0.82-0.430.74-0.260.950.97-0.66
0.860.780.98-0.90.76-0.830.950.761.0-0.920.650.830.380.54-0.84-0.640.830.76-0.82-0.390.46-0.30.940.89-0.69
0.470.780.89-0.850.38-0.880.640.870.77-0.740.540.86-0.25-0.05-0.78-0.050.860.75-0.43-0.360.370.120.70.62-0.16
0.790.980.89-0.940.71-0.910.90.860.97-0.920.690.910.180.4-0.82-0.460.910.83-0.71-0.360.51-0.120.930.88-0.52
-0.84-0.9-0.85-0.94-0.750.98-0.91-0.95-0.880.97-0.85-0.98-0.17-0.420.710.44-0.98-0.950.690.53-0.720.01-0.93-0.910.37
0.950.760.380.71-0.75-0.710.890.670.75-0.810.880.750.570.87-0.31-0.690.750.8-0.61-0.160.81-0.040.910.96-0.52
-0.76-0.83-0.88-0.910.98-0.71-0.83-0.99-0.80.92-0.87-1.0-0.02-0.320.620.28-1.0-0.970.540.45-0.76-0.17-0.89-0.870.21
0.970.950.640.9-0.910.89-0.830.770.94-0.970.790.840.540.72-0.7-0.750.840.83-0.86-0.480.65-0.30.980.97-0.69
0.70.760.870.86-0.950.67-0.990.770.73-0.860.870.99-0.080.25-0.54-0.170.990.97-0.44-0.390.780.290.850.83-0.09
0.851.00.770.97-0.880.75-0.80.940.73-0.910.620.810.40.54-0.85-0.650.810.73-0.83-0.380.43-0.330.930.88-0.72
-0.93-0.92-0.74-0.920.97-0.810.92-0.97-0.86-0.91-0.83-0.91-0.4-0.590.730.64-0.91-0.90.820.6-0.70.2-0.95-0.940.55
0.840.650.540.69-0.850.88-0.870.790.870.62-0.830.890.220.59-0.24-0.380.890.96-0.43-0.310.970.280.860.9-0.14
0.780.830.860.91-0.980.75-1.00.840.990.81-0.910.890.030.36-0.58-0.291.00.98-0.52-0.380.780.20.910.89-0.21
0.640.38-0.250.18-0.170.57-0.020.54-0.080.4-0.40.220.030.88-0.22-0.950.030.09-0.73-0.320.18-0.740.40.45-0.83
0.850.54-0.050.4-0.420.87-0.320.720.250.54-0.590.590.360.88-0.15-0.890.360.44-0.65-0.160.57-0.370.670.74-0.7
-0.53-0.84-0.78-0.820.71-0.310.62-0.7-0.54-0.850.73-0.24-0.58-0.22-0.150.47-0.58-0.450.80.59-0.040.53-0.63-0.530.65
-0.8-0.64-0.05-0.460.44-0.690.28-0.75-0.17-0.650.64-0.38-0.29-0.95-0.890.47-0.29-0.310.890.43-0.280.74-0.62-0.640.92
0.780.830.860.91-0.980.75-1.00.840.990.81-0.910.891.00.030.36-0.58-0.290.98-0.52-0.380.780.20.910.89-0.21
0.810.760.750.83-0.950.8-0.970.830.970.73-0.90.960.980.090.44-0.45-0.310.98-0.49-0.40.890.250.890.9-0.16
-0.82-0.82-0.43-0.710.69-0.610.54-0.86-0.44-0.830.82-0.43-0.52-0.73-0.650.80.89-0.52-0.490.69-0.280.72-0.73-0.710.88
-0.43-0.39-0.36-0.360.53-0.160.45-0.48-0.39-0.380.6-0.31-0.38-0.32-0.160.590.43-0.38-0.40.69-0.260.48-0.33-0.330.32
0.740.460.370.51-0.720.81-0.760.650.780.43-0.70.970.780.180.57-0.04-0.280.780.89-0.28-0.260.380.730.80.01
-0.26-0.30.12-0.120.01-0.04-0.17-0.30.29-0.330.20.280.2-0.74-0.370.530.740.20.250.720.480.38-0.09-0.060.84
0.950.940.70.93-0.930.91-0.890.980.850.93-0.950.860.910.40.67-0.63-0.620.910.89-0.73-0.330.73-0.090.99-0.56
0.970.890.620.88-0.910.96-0.870.970.830.88-0.940.90.890.450.74-0.53-0.640.890.9-0.71-0.330.8-0.060.99-0.53
-0.66-0.69-0.16-0.520.37-0.520.21-0.69-0.09-0.720.55-0.14-0.21-0.83-0.70.650.92-0.21-0.160.880.320.010.84-0.56-0.53
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VinFast Auto Account Relationship Matchups

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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.