Vale Indonesia Balance Sheet Health
Financial Health criteria checks 6/6
Vale Indonesia has a total shareholder equity of $2.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.9B and $361.5M respectively. Vale Indonesia's EBIT is $302.6M making its interest coverage ratio -10.5. It has cash and short-term investments of $698.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -10.5x |
Cash | US$698.80m |
Equity | US$2.56b |
Total liabilities | US$361.46m |
Total assets | US$2.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INCO's short term assets ($1.0B) exceed its short term liabilities ($216.7M).
Long Term Liabilities: INCO's short term assets ($1.0B) exceed its long term liabilities ($144.7M).
Debt to Equity History and Analysis
Debt Level: INCO is debt free.
Reducing Debt: INCO has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.
Debt Coverage: INCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INCO has no debt, therefore coverage of interest payments is not a concern.