Heineken (HEIA) — Cash Flow-to-Debt Ratio
Latest as of December 2025:
0.10x
Heineken (HEIA) has a Cash Flow-to-Debt Ratio of 0.10x as of December 2025, meaning its operating cash flow of €3.32 Billion could theoretically repay 0% of its total liabilities (€34.34 Billion) in one year. Explore Heineken (HEIA) long-term investment share to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
0.10x
Operating CF / Total Liabilities
Operating Cash Flow
€3.32 Billion
EUR
Total Liabilities
€34.34 Billion
EUR
Data as of
Dec 2025
Most recent filing
Heineken Cash Flow-to-Debt Ratio (1999–2025)
Historical debt coverage capacity for Heineken across 27 annual periods. Also explore HEIA total asset value for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Heineken (1999–2025)
Year-by-year debt coverage analysis for Heineken. For market capitalisation and broader financial context, see HEIA stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | €5.01 Billion | €34.34 Billion | ▼ -13.4% |
| 2024 | 0.17x | €5.50 Billion | €32.67 Billion | ▲ +27.8% |
| 2023 | 0.13x | €4.43 Billion | €33.60 Billion | ▼ -7.6% |
| 2022 | 0.14x | €4.50 Billion | €31.50 Billion | ▲ +2.8% |
| 2021 | 0.14x | €4.18 Billion | €30.12 Billion | ▲ +28.9% |
| 2020 | 0.11x | €3.14 Billion | €29.12 Billion | ▼ -25.0% |
| 2019 | 0.14x | €4.34 Billion | €30.20 Billion | ▼ -13.4% |
| 2018 | 0.17x | €4.39 Billion | €26.44 Billion | ▲ +13.3% |
| 2017 | 0.15x | €3.88 Billion | €26.51 Billion | ▼ -2.5% |
| 2016 | 0.15x | €3.72 Billion | €24.75 Billion | ▲ +7.9% |
| 2015 | 0.14x | €3.49 Billion | €25.05 Billion | ▼ -2.6% |
| 2014 | 0.14x | €3.06 Billion | €21.38 Billion | ▲ +3.0% |
| 2013 | 0.14x | €2.91 Billion | €20.98 Billion | ▲ +19.6% |
| 2012 | 0.12x | €2.69 Billion | €23.22 Billion | ▼ -32.1% |
| 2011 | 0.17x | €2.91 Billion | €17.04 Billion | ▲ +3.1% |
| 2010 | 0.17x | €2.66 Billion | €16.03 Billion | ▲ +1.2% |
| 2009 | 0.16x | €2.38 Billion | €14.53 Billion | ▲ +55.9% |
| 2008 | 0.10x | €1.66 Billion | €15.81 Billion | ▼ -57.4% |
| 2007 | 0.25x | €1.73 Billion | €7.02 Billion | ▼ -0.4% |
| 2006 | 0.25x | €1.85 Billion | €7.48 Billion | ▼ -3.4% |
| 2005 | 0.26x | €1.87 Billion | €7.32 Billion | ▲ +31.4% |
| 2004 | 0.19x | €1.28 Billion | €6.56 Billion | ▼ -16.7% |
| 2003 | 0.23x | €1.64 Billion | €7.00 Billion | ▼ -4.3% |
| 2002 | 0.24x | €1.18 Billion | €4.84 Billion | ▼ -14.5% |
| 2001 | 0.29x | €1.17 Billion | €4.08 Billion | ▲ +4.0% |
| 2000 | 0.27x | €1.03 Billion | €3.77 Billion | ▼ -7.6% |
| 1999 | 0.30x | €936.00 Million | €3.15 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.