Heineken NV (XAMS:HEIA) Cash-to-Debt : 0.12 (As of Jun. 2024)

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What is Heineken NV Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Heineken NV's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.12.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Heineken NV couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Heineken NV's Cash-to-Debt or its related term are showing as below:

XAMS:HEIA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.16 Max: 0.22
Current: 0.12

During the past 13 years, Heineken NV's highest Cash to Debt Ratio was 0.22. The lowest was 0.06. And the median was 0.16.

XAMS:HEIA's Cash-to-Debt is ranked worse than
70.73% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 0.41 vs XAMS:HEIA: 0.12

Heineken NV Cash-to-Debt Historical Data

The historical data trend for Heineken NV's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Heineken NV Cash-to-Debt Chart

Heineken NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.22

0.19

0.17

0.13

Heineken NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.17	0.11	0.13	0.12

Competitive Comparison of Heineken NV's Cash-to-Debt

For the Beverages - Brewers subindustry, Heineken NV's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heineken NV's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Heineken NV's Cash-to-Debt falls into.

Heineken NV Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Heineken NV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2377	/	(4192	+	14046)
	=	0.13

Heineken NV's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2277	/	(4705	+	13792)
	=	0.12

Heineken NV (XAMS:HEIA) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Heineken NV Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Heineken NV's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Heineken NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken NV (XAMS:HEIA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

HINKF:USA HEINY:USA HEIA:Mexico HEIAa:UK 0O26:UK HNK1:Germany HEIA:Austria

Address

Tweede Weteringplantsoen 21, Amsterdam, NH, NLD, 1017 ZD

Website

https://www.theheinekencompany.com

Heineken sold 243 million hectoliters of beer in 2023, and is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer, and its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.

Heineken NV Headlines

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