Vale S.A. (VALE3) — Financial Flexibility Index
Vale S.A. (VALE3) has a Financial Flexibility Index of 0.10x as of December 2025. Free cash flow of R$5.01 Billion (operating CF R$2.86 Billion minus capex R$2.15 Billion) represents 0% of total liabilities (R$52.29 Billion). Check VALE3 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Vale S.A. Financial Flexibility Index (2000–2025)
Historical Financial Flexibility Index trend for Vale S.A. across 26 annual periods. See VALE3 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Vale S.A. (2000–2025)
Year-by-year free cash flow to debt coverage for Vale S.A.. For the full company profile including market capitalisation, see Vale S.A. (VALE3) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (BRL) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.29x | R$15.27 Billion | R$9.19 Billion | R$52.29 Billion | ▼ -3.7% |
| 2024 | 0.30x | R$13.83 Billion | R$8.17 Billion | R$45.62 Billion | ▼ -18.3% |
| 2023 | 0.37x | R$19.74 Billion | R$13.61 Billion | R$53.20 Billion | ▲ +8.5% |
| 2022 | 0.34x | R$16.93 Billion | R$11.48 Billion | R$49.54 Billion | ▼ -39.8% |
| 2021 | 0.57x | R$30.71 Billion | R$25.68 Billion | R$54.14 Billion | ▲ +73.0% |
| 2020 | 0.33x | R$18.75 Billion | R$14.32 Billion | R$57.19 Billion | ▲ +11.0% |
| 2019 | 0.30x | R$15.57 Billion | R$12.11 Billion | R$52.72 Billion | ▼ -23.2% |
| 2018 | 0.38x | R$16.68 Billion | R$12.90 Billion | R$43.36 Billion | ▲ +28.6% |
| 2017 | 0.30x | R$16.28 Billion | R$12.45 Billion | R$54.41 Billion | ▲ +52.9% |
| 2016 | 0.20x | R$11.35 Billion | R$6.40 Billion | R$57.99 Billion | ▼ -14.2% |
| 2015 | 0.23x | R$12.05 Billion | R$3.93 Billion | R$52.79 Billion | ▼ -44.8% |
| 2014 | 0.41x | R$24.88 Billion | R$13.10 Billion | R$60.17 Billion | ▼ -11.6% |
| 2013 | 0.47x | R$27.90 Billion | R$14.79 Billion | R$59.66 Billion | ▼ -17.1% |
| 2012 | 0.56x | R$31.46 Billion | R$16.14 Billion | R$55.75 Billion | ▼ -29.5% |
| 2011 | 0.80x | R$39.32 Billion | R$23.46 Billion | R$49.10 Billion | ▲ +42.6% |
| 2010 | 0.56x | R$31.83 Billion | R$19.18 Billion | R$56.70 Billion | ▲ +54.0% |
| 2009 | 0.36x | R$15.23 Billion | R$7.14 Billion | R$41.78 Billion | ▼ -51.2% |
| 2008 | 0.75x | R$26.09 Billion | R$17.11 Billion | R$34.95 Billion | ▲ +72.8% |
| 2007 | 0.43x | R$17.66 Billion | R$11.01 Billion | R$40.89 Billion | ▲ +42.4% |
| 2006 | 0.30x | R$11.66 Billion | R$7.23 Billion | R$38.44 Billion | ▼ -68.6% |
| 2005 | 0.97x | R$9.14 Billion | R$5.16 Billion | R$9.45 Billion | ▲ +54.3% |
| 2004 | 0.63x | R$5.49 Billion | R$3.47 Billion | R$8.76 Billion | ▲ +18.2% |
| 2003 | 0.53x | R$3.30 Billion | R$1.76 Billion | R$6.22 Billion | ▼ -14.2% |
| 2002 | 0.62x | R$2.87 Billion | R$2.10 Billion | R$4.64 Billion | ▲ +42.6% |
| 2001 | 0.43x | R$2.11 Billion | R$1.52 Billion | R$4.88 Billion | ▲ +20.8% |
| 2000 | 0.36x | R$1.87 Billion | R$1.42 Billion | R$5.22 Billion | — |