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| Date | Value |
|---|---|
| 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 |