Vale S.A annual net debt
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Vale S.A Net Debt Growth & History (VALE)
Vale S.A's net debt was −$6.70B for fiscal 2025.
View full Vale S.A company overviewVale S.A annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$6.70B | −$2.46B | — |
| 2024 | 2024-12-31 | −$4.24B | −$2.08B | — |
| 2023 | 2023-12-31 | −$2.16B | −$11.66B | — |
| 2022 | 2022-12-31 | $9.51B | $5.84B | +159.54% |
| 2021 | 2021-12-31 | $3.66B | $456.0M | +14.22% |
| 2020 | 2020-12-31 | $3.21B | −$4.29B | −57.22% |
| 2019 | 2019-12-31 | $7.50B | −$2.19B | −22.57% |
| 2018 | 2018-12-31 | $9.68B | −$7.02B | −42.04% |
| 2017 | 2017-12-31 | $16.70B | −$8.29B | −33.16% |
| 2016 | 2016-12-31 | $24.99B | — | — |
| 2012 | 2012-12-31 | $24.43B | $4.91B | +25.15% |
| 2011 | 2011-12-31 | $19.52B | $2.56B | +15.06% |
| 2010 | 2010-12-31 | $16.97B | $1.40B | +9.00% |
| 2009 | 2009-12-31 | $15.57B | $7.73B | +98.65% |
| 2008 | 2008-12-31 | $7.84B | — | — |
Vale S.A quarterly net debt
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Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
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Q4.12
Q4.17
Q4.18
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
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Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $16.43B | $21.25B | — |
| Q1 2026 | 2026-03-31 | $17.11B | — | — |
| Q4 2025 | 2025-12-31 | −$6.70B | −$2.46B | — |
| Q3 2025 | 2025-09-30 | $15.31B | — | — |
| Q2 2025 | 2025-06-30 | −$4.82B | $304.0M | — |
| Q4 2024 | 2024-12-31 | −$4.24B | −$2.08B | — |
| Q2 2024 | 2024-06-30 | −$5.12B | −$15.59B | — |
| Q4 2023 | 2023-12-31 | −$2.16B | −$11.66B | — |
| Q2 2023 | 2023-06-30 | $10.47B | — | — |
| Q4 2022 | 2022-12-31 | $9.51B | $5.84B | +159.54% |
| Q4 2021 | 2021-12-31 | $3.66B | $456.0M | +14.22% |
| Q2 2021 | 2021-06-30 | $1.92B | −$4.52B | −70.18% |
| Q4 2020 | 2020-12-31 | $3.21B | −$4.29B | −57.22% |
| Q2 2020 | 2020-06-30 | $6.44B | — | — |
| Q4 2019 | 2019-12-31 | $7.50B | −$2.19B | −22.57% |
| Q4 2018 | 2018-12-31 | $9.68B | −$7.02B | −42.04% |
| Q4 2017 | 2017-12-31 | $16.70B | — | — |
| Q4 2012 | 2012-12-31 | $24.43B | $4.91B | +25.15% |
| Q3 2012 | 2012-09-30 | $20.98B | $5.56B | +36.09% |
| Q2 2012 | 2012-06-30 | $21.36B | $10.13B | +90.23% |
| Q1 2012 | 2012-03-31 | $19.86B | $7.40B | +59.34% |
| Q4 2011 | 2011-12-31 | $19.52B | $2.56B | +15.06% |
| Q3 2011 | 2011-09-30 | $15.42B | $671.0M | +4.55% |
| Q2 2011 | 2011-06-30 | $11.23B | −$5.71B | −33.72% |
| Q1 2011 | 2011-03-31 | $12.46B | $45.0M | +0.36% |
| Q4 2010 | 2010-12-31 | $16.97B | $1.40B | +9.00% |
| Q3 2010 | 2010-09-30 | $14.74B | — | — |
| Q2 2010 | 2010-06-30 | $16.94B | — | — |
| Q1 2010 | 2010-03-31 | $12.42B | — | — |
| Q4 2009 | 2009-12-31 | $15.57B | $7.73B | +98.65% |
| Q4 2008 | 2008-12-31 | $7.84B | — | — |
Vale S.A net debt trends
Over the last five fiscal years, Vale S.A's net debt decreased from $3.21B to −$6.70B, a change of −$9.91B. The latest reported quarter, Q2 2026, shows $16.43B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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