VinFast Total Current Assets vs Net Debt Analysis
VFSWW Stock | 0.37 0.01 2.78% |
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 Net 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 closely tied with the direction of predictive economic indicators such as signals in housing.
Total Current Assets vs Net Debt
Total Current Assets vs Net 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 Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VinFast Auto's Total Current Assets and Net Debt is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net 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 Net 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 Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., VinFast Auto's Total Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 housing. Sales General And Administrative To Revenue is likely to climb 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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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.