Vale SA ADR (VALE) — Tangible Net Worth Ratio
Vale SA ADR (VALE) has a Tangible Net Worth Ratio of 81.3% as of September 2025. This metric is calculated by deducting intangible assets ($7.88 Billion) from net assets ($42.20 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Vale SA ADR's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vale SA ADR Tangible Net Worth Ratio (2000–2024)
This chart shows how Vale SA ADR's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 81.3%, reflecting net assets of $42.20 Billion with intangible assets of $7.88 Billion USD. See Vale SA ADR liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Vale SA ADR (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Vale SA ADR from 2000 to 2024, covering 25 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see VALE market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.3% | $34.56 Billion | $7.49 Billion | $80.25 Billion | ▼ -1.2 pp |
| 2023 | 79.5% | $40.83 Billion | $8.37 Billion | $93.87 Billion | ▼ -1.6 pp |
| 2022 | 81.1% | $37.36 Billion | $7.05 Billion | $86.89 Billion | ▼ -2.4 pp |
| 2021 | 83.6% | $35.31 Billion | $5.80 Billion | $89.44 Billion | ▲ +0.8 pp |
| 2020 | 82.8% | $34.82 Billion | $6.00 Billion | $92.01 Billion | ▼ -4.7 pp |
| 2019 | 87.5% | $38.99 Billion | $4.87 Billion | $91.71 Billion | ▼ -2.9 pp |
| 2018 | 90.4% | $44.83 Billion | $4.31 Billion | $88.19 Billion | ▲ +0.2 pp |
| 2017 | 90.2% | $44.77 Billion | $4.38 Billion | $99.18 Billion | ▼ -0.6 pp |
| 2016 | 90.8% | $41.02 Billion | $3.79 Billion | $99.01 Billion | ▼ -2.6 pp |
| 2015 | 93.4% | $35.70 Billion | $2.37 Billion | $88.49 Billion | ▼ -1.2 pp |
| 2014 | 94.6% | $56.32 Billion | $3.06 Billion | $116.49 Billion | ▼ -1.2 pp |
| 2013 | 95.8% | $64.94 Billion | $2.73 Billion | $124.60 Billion | ▲ +1.8 pp |
| 2012 | 93.9% | $76.16 Billion | $4.61 Billion | $130.62 Billion | ▼ -4.6 pp |
| 2011 | 98.6% | $80.11 Billion | $1.14 Billion | $128.73 Billion | ▲ +0.3 pp |
| 2010 | 98.2% | $72.44 Billion | $1.27 Billion | $129.14 Billion | ▲ +0.3 pp |
| 2009 | 98.0% | $58.21 Billion | $1.17 Billion | $100.74 Billion | ▲ +107.5 pp |
| 2008 | -9.5% | $45.05 Billion | $49.33 Billion | $79.93 Billion | ▲ +42.9 pp |
| 2007 | -52.5% | $35.83 Billion | $54.62 Billion | $76.72 Billion | ▼ -92.6 pp |
| 2006 | 40.1% | $22.48 Billion | $13.46 Billion | $60.95 Billion | ▼ -59.9 pp |
| 2005 | 100.0% | $11.56 Billion | $0.00 | $22.94 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $7.61 Billion | $0.00 | $16.37 Billion | ▲ +8.7 pp |
| 2003 | 91.3% | $5.21 Billion | $451.00 Million | $11.43 Billion | ▲ +3.8 pp |
| 2002 | 87.6% | $3.31 Billion | $412.00 Million | $7.96 Billion | ▼ -0.8 pp |
| 2001 | 88.4% | $4.64 Billion | $540.00 Million | $9.52 Billion | ▼ -11.6 pp |
| 2000 | 100.0% | $4.58 Billion | $0.00 | $9.79 Billion | — |