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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LBF's short term assets (R$87.6B) exceed its short term liabilities (R$78.3B).
Long Term Liabilities: 0LBF'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: 0LBF's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 0LBF's debt to equity ratio has reduced from 49.4% to 40.7% over the past 5 years.
Debt Coverage: 0LBF's debt is well covered by operating cash flow (81.7%).
Interest Coverage: 0LBF's interest payments on its debt are well covered by EBIT (18.1x coverage).