VFS (VinFast Auto) Debt-to-Equity: -0.48 (As of Mar. 2026)


VFS VinFast Auto Ltd VFS
44 GF Score
Price $3.04
GF Value $12.10
Valuation Possible Value Trap
! 5 Warning Signs
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What is VinFast Auto Debt-to-Equity?

VinFast Auto VFS -2.56% 44 Debt-to-Equity is -0.48 as of Mar. 2026. GuruFocus rates VFS with a GF Score™ of 44/100 and a GF Value™ of $12.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,218 Vehicles & Parts companies, VinFast Auto ranks worse than 82101.72% on this metric.

VinFast Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,433 Mil. VinFast Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,054 Mil. VinFast Auto's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-7,280 Mil. VinFast Auto's debt to equity for the quarter that ended in Mar. 2026 was -0.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

VFS' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.99   Med: -0.52   Max: 8.83
Current: -0.48

During the past 6 years, the highest Debt-to-Equity Ratio of VinFast Auto was 8.83. The lowest was -0.99. And the median was -0.52.

VFS's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.46 vs VFS: -0.48

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


VinFast Auto Debt-to-Equity Related Terms


VinFast Auto Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for VinFast Auto's Debt-to-Equity 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.

VinFast Auto Debt-to-Equity Chart

VinFast Auto Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial -0.99 -0.60 -0.89 -0.89 -0.75

VinFast Auto Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 -0.46 -0.58 -0.75 -0.48

VFS vs XPEV, LCID, LI: Debt-to-Equity Comparison

For the Auto Manufacturers subindustry, VinFast Auto's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Vehicles & Parts Industry

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

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


VFS
44GF Score
VinFast Auto Ltd VFS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VinFast Auto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VinFast Auto's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

VinFast Auto's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.48 mean?
VinFast Auto (VFS) has a Debt-to-Equity of -0.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VinFast Auto and its competitors. According to the industry distribution chart, VinFast Auto ranks #999999 out of 1218 companies in the Vehicles & Parts industry.
Is VinFast Auto's Debt-to-Equity too high?
VinFast Auto's current Debt-to-Equity is -0.48. Based on the distribution chart, VinFast Auto ranks #999999 out of 1218 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, VinFast Auto has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VinFast Auto's Debt-to-Equity compare to XPEV and LCID?
According to the Vehicles & Parts industry distribution chart, VinFast Auto ranks #999999 out of 1218 companies for Debt-to-Equity. This places VinFast Auto in the lower half of its industry. The industry median Debt-to-Equity is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,218 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VinFast Auto and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VinFast Auto's current Debt-to-Equity is -0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VinFast Auto stock overvalued right now?
Based on GuruFocus' analysis, VinFast Auto (VFS) is currently considered Possible Value Trap. The stock's GF Value™ is $12.10, compared to a current price of $3.04 — trading 74.9% below its estimated fair value. The current Debt-to-Equity is -0.48. VinFast Auto's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For VinFast Auto (VFS), the current Debt-to-Equity is -0.48 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VinFast Auto (VFS) Overvalued in 2026?

Based on GuruFocus' analysis, VinFast Auto stock appears to be undervalued. The current stock price of $3.04 is trading 74.9% below its estimated GF Value™ of $12.10. GuruFocus considers VinFast Auto to be Possible Value Trap.

Key valuation signals for VFS:

  • Debt-to-Equity: -0.48
  • GF Value™: $12.10 vs. price of $3.04 (74.9% below fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the VFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VinFast Auto Business Description

Other Exchanges 0TL:Germany
Address Dinh Vu - Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM
VinFast Auto Ltd manufactures cars, and motor vehicles, renders leasing activities, trades 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 Car, E-scooter and Ebus. The Car segment includes the design, development, manufacturing and sales of cars and related battery lease and battery charging services for cars. The E-scooter segment includes the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for e-scooters. The Ebus segment includes the design, development, manufacturing and sales of Ebus.
44GF Score

Get the complete analysis for VFS

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.04
Price
$12.10
GF Value