Heineken NV (MEX:HEIA) LT-Debt-to-Total-Asset : 0.25 (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Heineken NV LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Heineken NV's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.25.

Heineken NV's long-term debt to total assets ratio declined from Jun. 2023 (0.25) to Jun. 2024 (0.25). It may suggest that Heineken NV is progressively becoming less dependent on debt to grow their business.

Heineken NV LT-Debt-to-Total-Asset Historical Data

The historical data trend for Heineken NV's LT-Debt-to-Total-Asset 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 NV LT-Debt-to-Total-Asset Chart

Heineken NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.29

0.34

0.28

0.25

0.26

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.25	0.26	0.25

Heineken NV LT-Debt-to-Total-Asset Calculation

Heineken NV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	260000.313	/	1020916.794
	=	0.25

Heineken NV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	271981.551	/	1076015.178
	=	0.25

Heineken NV (MEX:HEIA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Heineken NV LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Heineken NV's LT-Debt-to-Total-Asset 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 (MEX:HEIA) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

HINKF:USA HEINY:USA HEIA:Netherlands 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

No Headlines