VinFast Auto (VFS) Interest Coverage Ratio (2022 - 2026)

VinFast Auto (VFS) posted quarterly Interest Coverage Ratio of 4.47 for Q1 2026, up 87.16% YoY from 2.39 in Q1 2025, and down 12.58% sequentially from 5.11 in Q4 2025.

VinFast Auto (VFS) Interest Coverage Ratio (2022 - 2026) Analysis & Trends

VinFast Auto has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 4.47 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 87.16% year-over-year to 4.47; the TTM figure through Mar 2026 stood at 3.68 (up 28.22% YoY), while the FY2025 annual figure was 1.15, down 139.5% from the prior year.
  • Interest Coverage Ratio eased to 4.47 in Q1 2026, from 5.11 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for VFS reached as high as 6.14 in Q2 2022 and fell as low as 1.63 in Q3 2024.
  • The 5-year median for Interest Coverage Ratio is 3.08 (2023), against an average of 3.57.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 50.87% — and 2026, when it jumped 87.16%.
  • A 5-year view of Interest Coverage Ratio shows it stood at 5.12 in 2022, then slumped by 38.68% to 3.14 in 2023, then surged by 39.79% to 4.39 in 2024, then advanced by 16.47% to 5.11 in 2025, then decreased by 12.58% to 4.47 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 4.47, 5.11, and 2.9 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 10.23
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 6.65
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 18.52
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn 11.31
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -13.55
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn 73.45
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn 4.47
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -24.09
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn -15.87

Historic Data

Download Data
DateValue
Mar 31, 2026 4.47
Dec 31, 2025 5.11
Sep 30, 2025 2.90
Jun 30, 2025 2.35
Mar 31, 2025 2.39
Dec 31, 2024 4.39
Sep 30, 2024 1.63
Jun 30, 2024 2.97
Mar 31, 2024 2.41
Dec 31, 2023 3.14
Sep 30, 2023 2.38
Jun 30, 2023 3.03
Mar 31, 2023 3.83
Dec 31, 2022 5.12
Sep 30, 2022 4.85
Jun 30, 2022 6.14