Heineken Holding NV Cash Flow-to-Debt Ratio
Heineken Holding NV cash flow-to-debt ratio. Heineken Holding NV (HEIO) 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 (€33.14 Billion) in one year. Check Heineken Holding NV cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Heineken Holding NV (2000–2025)
Cash flow-to-debt ratio of Heineken Holding NV from 2000 to 2025. Historical debt coverage capacity for Heineken Holding NV across 26 annual periods. Check total reinvestment intensity of Heineken Holding NV to assess the company's total reinvestment commitment from operating cash flow.
Heineken Holding NV Cash Flow-to-Debt Ratio by Year (2000–2025)
Heineken Holding NV cash flow-to-debt ratio by year from 2000 to 2025. Year-by-year debt coverage analysis for Heineken Holding NV. For the full cash flow conversion analysis, see Heineken Holding NV (HEIO) cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | €5.01 Billion | €33.14 Billion | ▼ -10.2% |
| 2024 | 0.17x | €5.50 Billion | €32.67 Billion | ▲ +23.1% |
| 2023 | 0.14x | €4.43 Billion | €32.36 Billion | ▼ -7.2% |
| 2022 | 0.15x | €4.50 Billion | €30.49 Billion | ▲ +2.8% |
| 2021 | 0.14x | €4.18 Billion | €29.15 Billion | ▲ +29.2% |
| 2020 | 0.11x | €3.14 Billion | €28.24 Billion | ▼ -25.3% |
| 2019 | 0.15x | €4.34 Billion | €29.19 Billion | ▼ -10.6% |
| 2018 | 0.17x | €4.39 Billion | €26.42 Billion | ▲ +13.4% |
| 2017 | 0.15x | €3.88 Billion | €26.51 Billion | ▼ -2.5% |
| 2016 | 0.15x | €3.72 Billion | €24.75 Billion | ▼ -2.5% |
| 2015 | 0.15x | €3.49 Billion | €22.64 Billion | ▲ +7.7% |
| 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 | ▲ +11.9% |
| 2004 | 0.23x | €1.61 Billion | €7.04 Billion | ▼ -2.2% |
| 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 | — |