HKHHF (Heineken Holding NV) Debt-to-Equity : 1.97 (As of Jun. 2024)

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What is Heineken Holding NV Debt-to-Equity?

Heineken Holding NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5,065 Mil. Heineken Holding NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $14,846 Mil. Heineken Holding NV's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $10,133 Mil. Heineken Holding NV's debt to equity for the quarter that ended in Jun. 2024 was 1.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

HKHHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.69 Med: 2.12 Max: 3.13
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of Heineken Holding NV was 3.13. The lowest was 1.69. And the median was 2.12.

HKHHF's Debt-to-Equity is ranked worse than
91.62% of 179 companies
in the Beverages - Alcoholic industry
Industry Median: 0.42 vs HKHHF: 1.97

Heineken Holding NV Debt-to-Equity Historical Data

The historical data trend for Heineken Holding NV's Debt-to-Equity 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.

* Premium members only.

Heineken Holding NV Debt-to-Equity Chart

Heineken Holding NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.13

2.76

1.96

1.69

1.87

Heineken Holding NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.75	1.69	2.11	1.87	1.97

Competitive Comparison of Heineken Holding NV's Debt-to-Equity

For the Beverages - Brewers subindustry, Heineken Holding NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Holding NV's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

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

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

Heineken Holding NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4571.429	+	15317.339)	/	10613.959
	=	1.87

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5064.586	+	14846.071)	/	10133.477
	=	1.96

Heineken Holding NV (OTCPK:HKHHF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Heineken Holding NV Debt-to-Equity Related Terms

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Heineken Holding NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Holding NV (OTCPK:HKHHF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

HKHHY:USA HEIO:Netherlands HEIOa:UK 0NBD:UK 4H50:Germany HEIO:Austria

Address

Tweede Weteringplantsoen 5, Amsterdam, NH, NLD, 1017 ZD

Website

https://www.heinekenholding.com

Heineken Holding NV through its subsidiary produces and distributes beverages internationally. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one-third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East, and Eastern Europe regions.