Vale (MEX:VALE) Debt-to-Equity : 0.43 (As of Sep. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Vale Debt-to-Equity?

Vale's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN19,671 Mil. Vale's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN307,011 Mil. Vale's Total Stockholders Equity for the quarter that ended in Sep. 2024 was MXN754,040 Mil. Vale's debt to equity for the quarter that ended in Sep. 2024 was 0.43.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vale's Debt-to-Equity or its related term are showing as below:

MEX:VALE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.53 Max: 0.89
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Vale was 0.89. The lowest was 0.40. And the median was 0.53.

MEX:VALE's Debt-to-Equity is ranked worse than
71.35% of 1253 companies
in the Metals & Mining industry
Industry Median: 0.13 vs MEX:VALE: 0.43

Vale Debt-to-Equity Historical Data

The historical data trend for Vale's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vale Debt-to-Equity Chart

Vale Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.48

0.56

0.50

0.43

Vale Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.43	0.46	0.48	0.43

Competitive Comparison of Vale's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Vale's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vale's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vale's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vale's Debt-to-Equity falls into.

Vale Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vale's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(17330.707	+	267785.736)	/	669820.8
	=	0.43

Vale's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(19670.61	+	307011.158)	/	754040.039
	=	0.43

Vale (MEX:VALE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vale Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vale's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Vale Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (MEX:VALE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VALE:USA 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil CVLB:Bulgaria VALE:Argentina

Address

Praia de Botafogo, 186, offices 1101, 1701 and 1801, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.