Heineken Balance Sheet Health
Financial Health criteria checks 3/6
Heineken has a total shareholder equity of €22.1B and total debt of €17.2B, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are €54.6B and €32.5B respectively. Heineken's EBIT is €4.1B making its interest coverage ratio 6.6. It has cash and short-term investments of €2.3B.
Key information
77.7%
Debt to equity ratio
€17.17b
Debt
| Interest coverage ratio | 6.6x |
| Cash | €2.28b |
| Equity | €22.08b |
| Total liabilities | €32.48b |
| Total assets | €54.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEI's short term assets (€11.9B) do not cover its short term liabilities (€15.3B).
Long Term Liabilities: HEI's short term assets (€11.9B) do not cover its long term liabilities (€17.2B).
Debt to Equity History and Analysis
Debt Level: HEI's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: HEI's debt to equity ratio has reduced from 102% to 77.7% over the past 5 years.
Debt Coverage: HEI's debt is well covered by operating cash flow (31.1%).
Interest Coverage: HEI's interest payments on its debt are well covered by EBIT (6.6x coverage).