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VinFast Auto (VinFast Auto) Equity-to-Asset : -1.08 (As of Mar. 2024)


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What is VinFast Auto Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VinFast Auto's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-6,181 Mil. VinFast Auto's Total Assets for the quarter that ended in Mar. 2024 was $5,718 Mil. Therefore, VinFast Auto's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -1.08.

The historical rank and industry rank for VinFast Auto's Equity-to-Asset or its related term are showing as below:

VFS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.2   Med: -1.07   Max: 0.07
Current: -1.08

During the past 4 years, the highest Equity to Asset Ratio of VinFast Auto was 0.07. The lowest was -1.20. And the median was -1.07.

VFS's Equity-to-Asset is ranked worse than
98.7% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs VFS: -1.08

VinFast Auto Equity-to-Asset Historical Data

The historical data trend for VinFast Auto's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VinFast Auto Equity-to-Asset Chart

VinFast Auto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.07 -0.90 -1.00 -1.09

VinFast Auto Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.07 -1.20 -1.14 -1.09 -1.08

Competitive Comparison of VinFast Auto's Equity-to-Asset

For the Auto Manufacturers subindustry, VinFast Auto's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VinFast Auto's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VinFast Auto's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where VinFast Auto's Equity-to-Asset falls into.



VinFast Auto Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

VinFast Auto's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-5632.162/5159.153
=-1.09

VinFast Auto's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-6181.188/5718.135
=-1.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VinFast Auto  (NAS:VFS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


VinFast Auto Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of VinFast Auto's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


VinFast Auto (VinFast Auto) Business Description

Traded in Other Exchanges
Address
Dinh Vu – Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM
VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.