VinFast Auto (VFS) Debt to Equity (2023 - 2025)

VinFast Auto (VFS) reported Debt to Equity of -$0.43 for Q4 2025, up 100.0% year-over-year from -$0.21 in Q4 2024, and up 100.0% quarter-over-quarter from -$15894.4 in Q4 2024.

VinFast Auto (VFS) Debt to Equity (2023 - 2025) Analysis & Trends

VinFast Auto (VFS) has 3 years of Debt to Equity data on file, last reported at -$0.43 in Q4 2025.

  • Debt to Equity for Q4 2025 came in at -$0.43, up 100.0% year-over-year; the trailing twelve-month figure through Dec 2025 was -$0.43 (up 100.0% YoY), and the FY2025 annual result was -$0.43, up 100.0% from the prior year.
  • Debt to Equity improved to -$0.43 in Q4 2025 per VFS's latest filing, from -$15894.4 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$0.43 in Q4 2025 and troughed at -$15894.4 in Q4 2024.
  • A 3-year average of -$5298.5 and a median of -$0.7 in 2023 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2024 and 2025: Debt to Equity slumped 2255179.41% in 2024, then surged 100.0% in 2025.
  • A 3-year view of Debt to Equity shows it stood at -$0.7 in 2023, then tumbled by 2255179.41% to -$15894.4 in 2024, then surged by 100.0% to -$0.43 in 2025.
  • Business Quant data shows VFS's Debt to Equity at -$0.43 in Q4 2025, -$15894.4 in Q4 2024, and -$0.7 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn 0.02
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 1.08
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn -
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn 1.52
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn 1.70
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 1.00
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn 0.21
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -0.43
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn 0.32

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.43
Dec 31, 2024 -15,894.39
Dec 31, 2023 -0.70