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
Does Heineken (AMS:HEIA) Have A Healthy Balance Sheet?
Oct 30
Here's Why Heineken (AMS:HEIA) Can Manage Its Debt Responsibly
Jun 29Is Heineken (AMS:HEIA) Using Too Much Debt?
Feb 18Recent updates
With Heineken N.V. (AMS:HEIA) It Looks Like You'll Get What You Pay For
Dec 05Does Heineken (AMS:HEIA) Have A Healthy Balance Sheet?
Oct 30Heineken's (AMS:HEIA) Returns Have Hit A Wall
Oct 12Investors Still Waiting For A Pull Back In Heineken N.V. (AMS:HEIA)
Aug 19Here's Why Heineken (AMS:HEIA) Can Manage Its Debt Responsibly
Jun 29Return Trends At Heineken (AMS:HEIA) Aren't Appealing
Jun 11Heineken's (AMS:HEIA) Dividend Will Be €1.04
Apr 25Getting In Cheap On Heineken N.V. (AMS:HEIA) Is Unlikely
Apr 19Heineken (AMS:HEIA) Will Pay A Dividend Of €1.04
Mar 10Heineken's (AMS:HEIA) Conservative Accounting Might Explain Soft Earnings
Feb 22Is Heineken (AMS:HEIA) Using Too Much Debt?
Feb 18Returns On Capital At Heineken (AMS:HEIA) Have Stalled
Dec 25Financial Position Analysis
Short Term Liabilities: HEIA's short term assets (€11.9B) do not cover its short term liabilities (€15.3B).
Long Term Liabilities: HEIA's short term assets (€11.9B) do not cover its long term liabilities (€17.2B).
Debt to Equity History and Analysis
Debt Level: HEIA's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: HEIA's debt to equity ratio has reduced from 102% to 77.7% over the past 5 years.
Debt Coverage: HEIA's debt is well covered by operating cash flow (31.1%).
Interest Coverage: HEIA's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:56 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 N.V. is covered by 58 analysts. 19 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 |
|---|---|
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Pierre-Yves Gauthier | AlphaValue |
| Juan Correas Rubio | Banco Santander |