Vale S.A. (BCBA:VALE)

Vale S.A. Balance Sheet

Financials in millions BRL. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31,391	30,671	17,474	24,711	65,409	70,086
Short-Term Investments	1,002	-	-	-	1,028	4,006
Trading Asset Securities	-	331	250	320	-	37
Cash & Short-Term Investments	32,393	31,002	17,724	25,031	66,437	74,129
Cash Growth	27.89%	74.91%	-29.19%	-62.32%	-10.38%	121.74%
Accounts Receivable	13,328	14,600	20,317	22,537	21,840	25,944
Other Receivables	6,553	6,811	4,355	6,639	4,809	2,646
Receivables	19,881	21,411	24,672	29,176	26,649	29,599
Inventory	29,607	28,513	22,679	23,386	24,429	21,103
Other Current Assets	5,801	2,550	25,454	3,416	7,285	1,974
Total Current Assets	87,682	83,476	90,529	81,009	124,800	126,805
Property, Plant & Equipment	240,912	247,594	234,302	234,472	233,995	213,836
Long-Term Investments	27,434	28,495	9,278	9,417	9,804	14,749
Goodwill	-	18,811	15,799	16,643	17,905	17,141
Other Intangible Assets	58,160	46,294	40,510	36,778	32,382	31,168
Long-Term Deferred Tax Assets	47,288	51,050	46,307	56,195	63,847	53,711
Other Long-Term Assets	23,477	20,605	19,259	18,873	16,395	15,929
Total Assets	484,953	496,325	455,984	453,387	499,128	478,130
Accounts Payable	30,054	26,217	25,523	23,278	19,393	17,496
Accrued Expenses	5,386	7,864	8,950	6,149	5,106	5,094
Current Portion of Long-Term Debt	-	6,316	3,986	1,604	5,744	8,121
Current Portion of Leases	931	907	954	948	976	1,299
Current Income Taxes Payable	3,060	1,961	2,076	1,156	12,150	4,950
Current Unearned Revenue	-	6,532	6,537	6,169	9,352	4,435
Other Current Liabilities	28,931	31,258	22,922	33,174	32,093	34,443
Total Current Liabilities	70,860	81,055	70,948	72,478	84,814	75,838
Long-Term Debt	106,596	99,009	70,301	70,955	81,301	90,491
Long-Term Leases	2,793	3,507	6,075	7,041	7,966	7,363
Long-Term Unearned Revenue	10,575	23,335	25,367	21,737	17,944	21,347
Pension & Post-Retirement Benefits	6,446	6,925	6,688	6,572	8,556	11,802
Long-Term Deferred Tax Liabilities	350	2,757	4,210	7,372	10,494	9,198
Other Long-Term Liabilities	62,600	66,017	74,070	72,338	90,995	81,105
Total Liabilities	260,220	282,605	257,659	258,493	302,070	297,144
Common Stock	218,127	77,300	77,300	77,300	77,300	77,300
Retained Earnings	-	114,889	106,181	108,213	87,621	36,598
Treasury Stock	-	-19,785	-17,739	-25,675	-29,189	-6,452
Comprehensive Income & Other	-	34,368	25,223	27,274	56,671	78,339
Total Common Equity	218,127	206,772	190,965	187,112	192,403	185,785
Minority Interest	6,606	6,948	7,360	7,782	4,655	-4,799
Shareholders' Equity	224,733	213,720	198,325	194,894	197,058	180,986
Total Liabilities & Equity	484,953	496,325	455,984	453,387	499,128	478,130
Total Debt	112,818	109,739	81,316	80,548	95,987	107,274
Net Cash (Debt)	-80,425	-78,737	-63,592	-55,517	-29,550	-33,145
Net Cash Per Share	-18.83	-18.40	-14.55	-11.96	-5.89	-6.46
Filing Date Shares Outstanding	4,274	4,269	4,300	4,483	4,840	5,130
Total Common Shares Outstanding	4,274	4,269	4,300	4,483	4,840	5,130
Working Capital	16,822	2,421	19,581	8,531	39,986	50,967
Book Value Per Share	51.04	48.44	44.41	41.74	39.76	36.22
Tangible Book Value	159,967	141,667	134,656	133,691	142,116	137,476
Tangible Book Value Per Share	37.43	33.19	31.32	29.82	29.37	26.80
Buildings	-	94,531	84,147	83,623	83,358	78,653
Machinery	-	82,509	71,463	82,157	80,840	75,522
Construction In Progress	-	60,185	54,264	48,655	43,094	28,055

Source: S&P Global Market Intelligence. Standard template. Financial Sources.