VFS (VinFast Auto) Liabilities-to-Assets : 1.54 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VFS VinFast Auto Ltd VFS
44 GF Score
Price $3.11
GF Value $12.17
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is VinFast Auto Liabilities-to-Assets?

VinFast Auto VFS +1.30% 44 Liabilities-to-Assets is 1.54 as of Mar. 2026. GuruFocus rates VFS with a GF Score™ of 44/100 and a GF Value™ of $12.17 (Possible Value Trap). The stock has 5 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. VinFast Auto's Total Liabilities for the quarter that ended in Mar. 2026 was $10,858 Mil. VinFast Auto's Total Assets for the quarter that ended in Mar. 2026 was $7,051 Mil. Therefore, VinFast Auto's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 1.54.


VinFast Auto  (NAS:VFS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


VinFast Auto Liabilities-to-Assets Related Terms


VinFast Auto Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for VinFast Auto's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

VinFast Auto Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial 1.90 1.32 1.45 1.61 1.51

VinFast Auto Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Liabilities-to-Assets 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 1.62 1.55 1.54 1.51 1.54

VFS vs XPEV, LCID, LI: Liabilities-to-Assets Comparison

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

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

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


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

VinFast Auto Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

VinFast Auto's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=10472.285/6953.986
=1.51

VinFast Auto's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=10858.38/7051.228
=1.54

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.54 mean?
VinFast Auto (VFS) has a Liabilities-to-Assets of 1.54 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on VinFast Auto and its competitors.
Is VinFast Auto's Liabilities-to-Assets too high?
VinFast Auto's current Liabilities-to-Assets is 1.54. 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 Liabilities-to-Assets compare to XPEV and LCID?
VinFast Auto's Liabilities-to-Assets of 1.54 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Vehicles & Parts company?
A good Liabilities-to-Assets depends on the Vehicles & Parts industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on VinFast Auto and its competitors. VinFast Auto's current Liabilities-to-Assets is 1.54. 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 $12.17, compared to a current price of $3.11 — trading 74.4% below its estimated fair value. The current Liabilities-to-Assets is 1.54. 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For VinFast Auto (VFS), the current Liabilities-to-Assets is 1.54 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 $3.11 is trading 74.4% below its estimated GF Value™ of $12.17. GuruFocus considers VinFast Auto to be Possible Value Trap.

Key valuation signals for VFS:

  • Liabilities-to-Assets: 1.54
  • GF Value™: $12.17 vs. price of $3.11 (74.4% 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

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

$3.11
Price
$12.17
GF Value