VinFast Auto (VFS) Debt to Equity (2023 - 2025)
VinFast Auto (VFS) posted Debt to Equity of -$0.43 for Q4 2025, up 34.49% on a QoQ basis from -$0.65 in Q4 2024, and up 34.49% year-over-year from -$0.32 in Q4 2024.
VinFast Auto (VFS) has 3 years of Debt to Equity data on file, last reported at -$0.43 in Q4 2025.
- In Q4 2025, Debt to Equity rose 34.49% year-over-year to -$0.43; the TTM figure through Dec 2025 stood at -$0.43 (up 34.49% YoY), while the FY2025 annual figure was -$0.43, up 34.49% from the prior year.
- Debt to Equity advanced to -$0.43 in Q4 2025, from -$0.65 in the prior quarter.
- Across five years, Debt to Equity topped out at -$0.43 in Q4 2025 and bottomed at -$0.7 in Q4 2023.
- A 3-year average of -$0.6 and a median of -$0.65 in 2024 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2024 — Debt to Equity gained 7.32% — and 2025, when it jumped 34.49%.
- Year by year, Debt to Equity stood at -$0.7 in 2023, then rose by 7.32% to -$0.65 in 2024, then jumped by 34.49% to -$0.43 in 2025.
- The last three Debt to Equity figures came in at -$0.43 (Q4 2025), -$0.65 (Q4 2024), and -$0.7 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 0.02 |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 1.52 |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | - |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 1.70 |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 0.79 |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 1.00 |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 0.21 |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | -0.43 |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | 0.28 |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.43 |
| Dec 31, 2024 | -0.65 |
| Dec 31, 2023 | -0.70 |