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).