Heineken Holding Balance Sheet Health
Financial Health criteria checks 3/6
Heineken Holding has a total shareholder equity of €21.7B and total debt of €17.2B, which brings its debt-to-equity ratio to 79.1%. Its total assets and total liabilities are €54.2B and €32.5B respectively. Heineken Holding's EBIT is €4.1B making its interest coverage ratio 6.9. It has cash and short-term investments of €2.3B.
Key information
79.1%
Debt to equity ratio
€17.17b
Debt
| Interest coverage ratio | 6.9x |
| Cash | €2.28b |
| Equity | €21.70b |
| Total liabilities | €32.48b |
| Total assets | €54.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEIOA's short term assets (€11.9B) do not cover its short term liabilities (€15.3B).
Long Term Liabilities: HEIOA's short term assets (€11.9B) do not cover its long term liabilities (€17.2B).
Debt to Equity History and Analysis
Debt Level: HEIOA's net debt to equity ratio (68.6%) is considered high.
Reducing Debt: HEIOA's debt to equity ratio has reduced from 102% to 79.1% over the past 5 years.
Debt Coverage: HEIOA's debt is well covered by operating cash flow (31.1%).
Interest Coverage: HEIOA's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 19:15 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Heineken Holding N.V. is covered by 16 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anna Zyniewicz | AlphaValue |
| Philip Morrisey | Berenberg |
| Javier Gonzalez-Lastra | BNP Paribas Exane |