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
Here's Why Heineken (AMS:HEIA) Can Manage Its Debt Responsibly
Jun 29Is Heineken (AMS:HEIA) Using Too Much Debt?
Feb 18These 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Reasonably Well
Nov 16These 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Reasonably Well
Aug 09Heineken (AMS:HEIA) Has A Pretty Healthy Balance Sheet
Mar 27Is Heineken (AMS:HEIA) Using Too Much Debt?
Dec 14Recent updates
Here'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 25Are Investors Undervaluing Heineken N.V. (AMS:HEIA) By 48%?
Dec 07These 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Reasonably Well
Nov 16Heineken (AMS:HEIA) Has Some Way To Go To Become A Multi-Bagger
Sep 15Is There An Opportunity With Heineken N.V.'s (AMS:HEIA) 50% Undervaluation?
Aug 25These 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Reasonably Well
Aug 09Heineken (AMS:HEIA) Has More To Do To Multiply In Value Going Forward
Jun 07An Intrinsic Calculation For Heineken N.V. (AMS:HEIA) Suggests It's 28% Undervalued
May 11This Is Why Heineken N.V.'s (AMS:HEIA) CEO Compensation Looks Appropriate
Apr 13Heineken (AMS:HEIA) Has A Pretty Healthy Balance Sheet
Mar 27Heineken N.V.'s (AMS:HEIA) Intrinsic Value Is Potentially 38% Above Its Share Price
Feb 04Returns At Heineken (AMS:HEIA) Appear To Be Weighed Down
Jan 14Is Heineken (AMS:HEIA) Using Too Much Debt?
Dec 14Are Investors Undervaluing Heineken N.V. (AMS:HEIA) By 45%?
Oct 18Heineken's (AMS:HEIA) Returns Have Hit A Wall
Oct 02Is Heineken (AMS:HEIA) A Risky Investment?
Sep 13Heineken N.V.'s (AMS:HEIA) Intrinsic Value Is Potentially 85% Above Its Share Price
Jun 26Here's Why Heineken (AMS:HEIA) Can Manage Its Debt Responsibly
Jun 08Slowing Rates Of Return At Heineken (AMS:HEIA) Leave Little Room For Excitement
Apr 25At €86.78, Is Heineken N.V. (AMS:HEIA) Worth Looking At Closely?
Apr 07Does Heineken (AMS:HEIA) Have A Healthy Balance Sheet?
Feb 24Heineken's (AMS:HEIA) Returns Have Hit A Wall
Jan 19Is It Too Late To Consider Buying Heineken N.V. (AMS:HEIA)?
Jan 06Heineken N.V. (AMS:HEIA) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 09Investors Met With Slowing Returns on Capital At Heineken (AMS:HEIA)
Oct 17Is There An Opportunity With Heineken N.V.'s (AMS:HEIA) 44% Undervaluation?
Sep 02These Return Metrics Don't Make Heineken (AMS:HEIA) Look Too Strong
Jul 11Heineken N.V. (AMS:HEIA) Shares Could Be 37% Below Their Intrinsic Value Estimate
May 24These 4 Measures Indicate That Heineken (AMS:HEIA) Is Using Debt Extensively
May 03Returns On Capital At Heineken (AMS:HEIA) Paint A Concerning Picture
Mar 30If You Had Bought Heineken (AMS:HEIA) Stock Five Years Ago, You Could Pocket A 15% Gain Today
Mar 08Heineken N.V. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 13Here's What Heineken N.V.'s (AMS:HEIA) Shareholder Ownership Structure Looks Like
Jan 25Financial Position Analysis
Short Term Liabilities: HEIA's short term assets (€11.4B) do not cover its short term liabilities (€14.8B).
Long Term Liabilities: HEIA's short term assets (€11.4B) do not cover its long term liabilities (€17.5B).
Debt to Equity History and Analysis
Debt Level: HEIA's net debt to equity ratio (64%) is considered high.
Reducing Debt: HEIA's debt to equity ratio has reduced from 95.4% to 74.5% over the past 5 years.
Debt Coverage: HEIA's debt is well covered by operating cash flow (26.1%).
Interest Coverage: HEIA's interest payments on its debt are well covered by EBIT (7.4x coverage).