Vale Balance Sheet Health
Financial Health criteria checks 5/6
Vale has a total shareholder equity of R$194.8B and total debt of R$79.3B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are R$458.0B and R$263.2B respectively. Vale's EBIT is R$70.2B making its interest coverage ratio 18.1. It has cash and short-term investments of R$19.2B.
Key information
40.7%
Debt to equity ratio
R$79.28b
Debt
| Interest coverage ratio | 18.1x |
| Cash | R$19.16b |
| Equity | R$194.84b |
| Total liabilities | R$263.20b |
| Total assets | R$458.03b |
Recent financial health updates
We Think Vale (BVMF:VALE3) Is Taking Some Risk With Its Debt
Feb 07
We Think Vale (BVMF:VALE3) Is Taking Some Risk With Its Debt
Oct 22Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Jul 18Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Apr 14Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Jan 04Is Vale (BVMF:VALE3) Using Too Much Debt?
Jun 08Recent updates
Earnings Release: Here's Why Analysts Cut Their Vale S.A. (BVMF:VALE3) Price Target To R$75.44
Apr 27We Think Vale (BVMF:VALE3) Is Taking Some Risk With Its Debt
Feb 07Little Excitement Around Vale S.A.'s (BVMF:VALE3) Earnings
Jan 02Shareholders Would Enjoy A Repeat Of Vale's (BVMF:VALE3) Recent Growth In Returns
Dec 15We Think Vale (BVMF:VALE3) Is Taking Some Risk With Its Debt
Oct 22We Like These Underlying Return On Capital Trends At Vale (BVMF:VALE3)
Sep 14Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Jul 18Why We Like The Returns At Vale (BVMF:VALE3)
Jun 11Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Apr 14Vale (BVMF:VALE3) Knows How To Allocate Capital Effectively
Mar 08Vale (BVMF:VALE3) Has A Somewhat Strained Balance Sheet
Jan 04Vale (BVMF:VALE3) Knows How To Allocate Capital Effectively
Sep 09Vale's (BVMF:VALE3) Conservative Accounting Might Explain Soft Earnings
Aug 04Vale S.A.'s (BVMF:VALE3) Earnings Are Not Doing Enough For Some Investors
Jul 14Is Vale (BVMF:VALE3) Using Too Much Debt?
Jun 08Financial Position Analysis
Short Term Liabilities: VALE3's short term assets (R$87.6B) exceed its short term liabilities (R$78.3B).
Long Term Liabilities: VALE3's short term assets (R$87.6B) do not cover its long term liabilities (R$184.9B).
Debt to Equity History and Analysis
Debt Level: VALE3's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: VALE3's debt to equity ratio has reduced from 49.4% to 40.7% over the past 5 years.
Debt Coverage: VALE3's debt is well covered by operating cash flow (81.7%).
Interest Coverage: VALE3's interest payments on its debt are well covered by EBIT (18.1x coverage).