Heineken Holding Balance Sheet Health
Financial Health criteria checks 3/6
Heineken Holding has a total shareholder equity of €22.4B and total debt of €17.0B, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are €54.8B and €32.4B respectively. Heineken Holding's EBIT is €4.0B making its interest coverage ratio 7.4. It has cash and short-term investments of €2.4B.
Key information
75.8%
Debt to equity ratio
€16.97b
Debt
Interest coverage ratio | 7.4x |
Cash | €2.38b |
Equity | €22.39b |
Total liabilities | €32.36b |
Total assets | €54.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HKHH.Y's short term assets (€11.4B) do not cover its short term liabilities (€14.8B).
Long Term Liabilities: HKHH.Y's short term assets (€11.4B) do not cover its long term liabilities (€17.5B).
Debt to Equity History and Analysis
Debt Level: HKHH.Y's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: HKHH.Y's debt to equity ratio has reduced from 95.4% to 75.8% over the past 5 years.
Debt Coverage: HKHH.Y's debt is well covered by operating cash flow (26.1%).
Interest Coverage: HKHH.Y's interest payments on its debt are well covered by EBIT (7.4x coverage).