Vale Balance Sheet Health
Financial Health criteria checks 5/6
Vale has a total shareholder equity of R$213.3B and total debt of R$90.2B, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are R$481.5B and R$268.2B respectively. Vale's EBIT is R$69.7B making its interest coverage ratio 12.8. It has cash and short-term investments of R$36.4B.
Key information
42.3%
Debt to equity ratio
R$90.17b
Debt
| Interest coverage ratio | 12.8x |
| Cash | R$36.36b |
| Equity | R$213.31b |
| Total liabilities | R$268.18b |
| Total assets | R$481.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LBF's short term assets (R$82.4B) exceed its short term liabilities (R$76.4B).
Long Term Liabilities: 0LBF's short term assets (R$82.4B) do not cover its long term liabilities (R$191.8B).
Debt to Equity History and Analysis
Debt Level: 0LBF's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 0LBF's debt to equity ratio has reduced from 46% to 42.3% over the past 5 years.
Debt Coverage: 0LBF's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 0LBF's interest payments on its debt are well covered by EBIT (12.8x coverage).