Vale Balance Sheet Health
Financial Health criteria checks 4/6
Vale has a total shareholder equity of R$216.3B and total debt of R$86.2B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are R$484.3B and R$268.0B respectively. Vale's EBIT is R$69.0B making its interest coverage ratio 13.9. It has cash and short-term investments of R$25.3B.
Key information
39.9%
Debt to equity ratio
R$86.22b
Debt
| Interest coverage ratio | 13.9x |
| Cash | R$25.33b |
| Equity | R$216.28b |
| Total liabilities | R$267.98b |
| Total assets | R$484.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVLB's short term assets (R$75.2B) do not cover its short term liabilities (R$82.7B).
Long Term Liabilities: CVLB's short term assets (R$75.2B) do not cover its long term liabilities (R$185.3B).
Debt to Equity History and Analysis
Debt Level: CVLB's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: CVLB's debt to equity ratio has reduced from 44.9% to 39.9% over the past 5 years.
Debt Coverage: CVLB's debt is well covered by operating cash flow (65.8%).
Interest Coverage: CVLB's interest payments on its debt are well covered by EBIT (13.9x coverage).