Heineken Balance Sheet Health
Financial Health criteria checks 3/6
Heineken has a total shareholder equity of €22.8B and total debt of €17.0B, which brings its debt-to-equity ratio to 74.5%. Its total assets and total liabilities are €55.2B and €32.4B respectively. Heineken's EBIT is €4.0B making its interest coverage ratio 7.4. It has cash and short-term investments of €2.4B.
Key information
74.5%
Debt to equity ratio
€16.97b
Debt
Interest coverage ratio | 7.4x |
Cash | €2.38b |
Equity | €22.79b |
Total liabilities | €32.36b |
Total assets | €55.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNK2's short term assets (€11.4B) do not cover its short term liabilities (€14.8B).
Long Term Liabilities: HNK2's short term assets (€11.4B) do not cover its long term liabilities (€17.5B).
Debt to Equity History and Analysis
Debt Level: HNK2's net debt to equity ratio (64%) is considered high.
Reducing Debt: HNK2's debt to equity ratio has reduced from 95.4% to 74.5% over the past 5 years.
Debt Coverage: HNK2's debt is well covered by operating cash flow (26.1%).
Interest Coverage: HNK2's interest payments on its debt are well covered by EBIT (7.4x coverage).