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
Vale Q1 2024: Decent Results And Surprise With Provisions
Apr 26Vale's Failures Don't Make It Uninvestable
Apr 15Vale: Why I'm Buying More Despite The Noise
Mar 14Vale: Potential Value Trap Reliant On Weakening Chinese Iron Ore Demand
Feb 12Vale: Bet On Rising Iron Ore Demand While Being Paid To Wait
Jan 11Vale Could Have A Decent Year, Despite Poor Global Economic Prospects (Rating Downgrade)
Jan 04Vale: Still More Upside But Be Cautious
Nov 29Vale Is A Terrific Rotation Play With Significant Long-Term Potential
Nov 13Vale Q3 Earnings: Buy While It's Cheap
Oct 29Vale: Buy On Higher For Longer Iron Ore Prices
Oct 13Vale: Bet On Growing Iron Ore And Base Metals Demand At A Good Discount
Sep 25Vale: Q2 Earnings, Weathering The Storm
Aug 23Vale: Navigating Turbulent Commodity Markets
Aug 04Vale: Brazilian Mining Giant Potentially Undervalued And Offering +8% Dividend Yield
Jul 21Vale: Moderately Discounted, Compelling Dividends And Buybacks
Jul 10Vale: A Promising Future Supported By Strong Financials And Strategic Operations
Jul 02Vale In The Age Of EVs: Separating The Base Metal Business Could Unleash Tremendous Upside
Jun 12Vale: Separating The Base Metals Business Could Unlock Value
May 30Vale GAAP EPS of $0.82 beats by $0.19, revenue of $11.94B beats by $560M
Feb 21Vale Q4 2022 Earnings Preview
Feb 15Vale: Upside Risk From Cosan Take Over Gambit
Jan 31Vale: Waiting For Clarity On Base Metals Deal
Jan 24Vale: EU Steel Production Is Cratering, Which Counter Intuitively Is A Positive
Jan 11Vale goes ex-dividend tomorrow
Dec 12Vale: A Safe Dividend Play And Long Term Stock Price Appreciation Prospects
Nov 05Vale GAAP EPS of $0.98 beats by $0.37, revenue of $9.93B misses by $230M
Oct 30Vale: Slow, Steady Growth
Oct 21Vale: Don't Fear The Recession At These Attractive Valuation Levels
Oct 03Vale: Trading At 2.71x EV/EBITDA And Returning Capital Aggressively
Sep 22Vale's Free Cash Flows Are Trading Very Cheaply
Sep 01Is Vale A Good Dividend Stock?
Aug 22Vale GAAP EPS of $1.32 beats by $0.52, revenue of $11.16B misses by $450M
Jul 29Vale: Attractive Valuation And Huge Buyback Program
Jul 11Vale: The Rewards Outweigh The Risks
Jun 282022 Bear Market Bargains Series: Vale - The World's Largest Iron Ore And Nickel Producer
Jun 10Is Vale Stock A Good Buy? The Double-Digit Yield Says Yes
Jun 02Vale: Buybacks Prioritized, Dividend Under Pressure
May 27Vale: It's Not Over Yet
May 02Vale: No Longer A Buy
Apr 26Riding The Stock Waves: A Technical Update On Vale
Mar 28Vale: 3x Free Cash Flow, With Impressive Outlook, Plus Dividends And Buybacks
Mar 21Vale Is Set To Benefit From The Russia-Ukraine Situation
Mar 01Vale Is A Buy But With Two Important Caveats
Feb 16Financial Position Analysis
Short Term Liabilities: VALE's short term assets (R$87.6B) exceed its short term liabilities (R$78.3B).
Long Term Liabilities: VALE'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: VALE's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: VALE's debt to equity ratio has reduced from 49.4% to 40.7% over the past 5 years.
Debt Coverage: VALE's debt is well covered by operating cash flow (81.7%).
Interest Coverage: VALE's interest payments on its debt are well covered by EBIT (18.1x coverage).