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
Is Vale (BVMF:VALE3) A Risky Investment?
Jul 17
We Think Vale (BVMF:VALE3) Is Taking Some Risk With Its Debt
Feb 07We 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 04Recent updates
Slowing Rates Of Return At Vale (BVMF:VALE3) Leave Little Room For Excitement
Aug 19Is Vale (BVMF:VALE3) A Risky Investment?
Jul 17Vale S.A.'s (BVMF:VALE3) Business And Shares Still Trailing The Market
May 22Earnings 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 04Financial Position Analysis
Short Term Liabilities: VALE3's short term assets (R$75.2B) do not cover its short term liabilities (R$82.7B).
Long Term Liabilities: VALE3'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: VALE3's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: VALE3's debt to equity ratio has reduced from 44.9% to 39.9% over the past 5 years.
Debt Coverage: VALE3's debt is well covered by operating cash flow (65.8%).
Interest Coverage: VALE3's interest payments on its debt are well covered by EBIT (13.9x coverage).