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 ratio6.9x
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: 0NBD's short term assets (€11.9B) do not cover its short term liabilities (€15.3B).

Long Term Liabilities: 0NBD's short term assets (€11.9B) do not cover its long term liabilities (€17.2B).


Debt to Equity History and Analysis

Debt Level: 0NBD's net debt to equity ratio (68.6%) is considered high.

Reducing Debt: 0NBD's debt to equity ratio has reduced from 102% to 79.1% over the past 5 years.

Debt Coverage: 0NBD's debt is well covered by operating cash flow (31.1%).

Interest Coverage: 0NBD's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


Discover healthy companies