VinFast Total Current Liabilities vs Total Assets 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 Total Current Liabilities and its Total Assets 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VinFast Auto Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between VinFast Auto's Total Current Liabilities and Total Assets is 0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Liabilities and Total Assets 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 Liabilities of VinFast Auto Ltd are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., VinFast Auto's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on VinFast Auto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VinFast Auto Ltd are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of VinFast Auto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in VinFast Auto books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.