Vale S.A (VALEN) — Defensive Interval Ratio

Latest as of June 2026: 69 days

Vale S.A (VALEN) has a Defensive Interval Ratio of 69 days as of June 2026. Defensive assets of MX$2.80 Billion (cash MX$-, short-term investments MX$188.00 Million, receivables MX$2.61 Billion) cover 69 days of daily cash needs of MX$40.60 Million/day.

Defensive Interval Ratio

69 days
Days of operational coverage

Defensive Assets

MX$2.80 Billion
Cash + ST Investments + Receivables

Daily Cash Need

MX$40.60 Million
Current Liabilities ÷ 365

Current Liabilities

MX$14.82 Billion
MXN

Vale S.A Defensive Interval Ratio (2013–2025)

This chart shows how Vale S.A's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 69 days, meaning defensive assets of MX$2.80 Billion can fund 69 days of operations without new revenue. For the complete balance sheet picture, see Vale S.A balance sheet assets.

Annual Defensive Interval Ratio for Vale S.A (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Vale S.A from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Vale S.A's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (MXN) Daily Cash Need Cash ST Investments Change (days)
2025 57 days MX$2.49 Billion MX$43.48 Million/day MX$- MX$194.00 Million ▼ -10 days
2024 67 days MX$2.41 Billion MX$35.86 Million/day MX$- MX$53.00 Million ▼ -39 days
2023 106 days MX$4.25 Billion MX$40.15 Million/day MX$- MX$51.00 Million ▲ +84 days
2022 22 days MX$4.38 Billion MX$198.57 Million/day MX$- MX$61.00 Million ▲ +4 days
2021 18 days MX$4.10 Billion MX$232.37 Million/day MX$- MX$184.00 Million ▼ -12 days
2020 29 days MX$6.09 Billion MX$207.78 Million/day MX$- MX$1.10 Billion ▼ -76 days
2019 105 days MX$16.03 Billion MX$152.89 Million/day MX$- MX$826.00 Million ▼ -52 days
2018 156 days MX$15.12 Billion MX$96.67 Million/day MX$- MX$32.00 Million ▼ -2 days
2017 158 days MX$18.77 Billion MX$118.79 Million/day MX$- MX$18.00 Million ▼ -14 days
2016 172 days MX$17.25 Billion MX$100.30 Million/day MX$- MX$18.00 Million ▲ +69 days
2015 103 days MX$11.63 Billion MX$112.83 Million/day MX$- MX$109.00 Million ▼ -91 days
2014 194 days MX$15.14 Billion MX$78.12 Million/day MX$- MX$392.00 Million ▼ -93 days
2013 287 days MX$17.68 Billion MX$61.69 Million/day MX$- MX$8.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)