Vale Balance Sheet Health
Financial Health criteria checks 5/6
Vale has a total shareholder equity of R$198.3B and total debt of R$74.3B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are R$456.0B and R$257.7B respectively. Vale's EBIT is R$73.0B making its interest coverage ratio 14.6. It has cash and short-term investments of R$17.7B.
Key information
37.5%
Debt to equity ratio
R$74.29b
Debt
Interest coverage ratio | 14.6x |
Cash | R$17.72b |
Equity | R$198.33b |
Total liabilities | R$257.66b |
Total assets | R$455.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVLB's short term assets (R$90.5B) exceed its short term liabilities (R$70.9B).
Long Term Liabilities: CVLB's short term assets (R$90.5B) do not cover its long term liabilities (R$186.7B).
Debt to Equity History and Analysis
Debt Level: CVLB's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: CVLB's debt to equity ratio has reduced from 43.6% to 37.5% over the past 5 years.
Debt Coverage: CVLB's debt is well covered by operating cash flow (88.7%).
Interest Coverage: CVLB's interest payments on its debt are well covered by EBIT (14.6x coverage).