Heineken (HEIA) — Defensive Interval Ratio

Latest as of June 2026: 124 days

Heineken (HEIA) has a Defensive Interval Ratio of 124 days as of June 2026. Defensive assets of €5.54 Billion (cash €-, short-term investments €-, receivables €5.54 Billion) cover 124 days of daily cash needs of €44.63 Million/day.

Defensive Interval Ratio

124 days
Days of operational coverage

Defensive Assets

€5.54 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€44.63 Million
Current Liabilities ÷ 365

Current Liabilities

€16.29 Billion
EUR

Heineken Defensive Interval Ratio (1999–2025)

This chart shows how Heineken's Defensive Interval Ratio has evolved across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at 124 days, meaning defensive assets of €5.54 Billion can fund 124 days of operations without new revenue. For the complete balance sheet picture, see HEIA asset base.

Annual Defensive Interval Ratio for Heineken (1999–2025)

The table below presents the year-by-year Defensive Interval Ratio for Heineken from 1999 to 2025, covering 27 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Heineken working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 110 days €4.19 Billion €38.17 Million/day €- €- ▲ +2 days
2024 107 days €4.19 Billion €39.01 Million/day €- €- ▲ +24 days
2023 83 days €3.38 Billion €40.62 Million/day €- €- ▼ -68 days
2022 151 days €5.88 Billion €38.88 Million/day €2.77 Billion €- ▼ -45 days
2021 196 days €6.50 Billion €33.13 Million/day €3.25 Billion €- ▼ -20 days
2020 216 days €6.42 Billion €29.78 Million/day €4.00 Billion €- ▲ +51 days
2019 165 days €5.56 Billion €33.72 Million/day €1.82 Billion €- ▼ -59 days
2018 224 days €6.39 Billion €28.57 Million/day €2.90 Billion €- ▲ +22 days
2017 202 days €5.78 Billion €28.65 Million/day €2.44 Billion €- ▲ +93 days
2016 109 days €3.10 Billion €28.48 Million/day €- €0.00 ▲ +11 days
2015 98 days €2.92 Billion €29.93 Million/day €- €16.00 Million ▼ -21 days
2014 119 days €2.78 Billion €23.38 Million/day €- €13.00 Million ▲ +8 days
2013 111 days €2.44 Billion €21.93 Million/day €- €11.00 Million ▼ -8 days
2012 119 days €2.55 Billion €21.37 Million/day €- €11.00 Million ▼ -16 days
2011 135 days €2.27 Billion €16.87 Million/day €- €14.00 Million ▼ -14 days
2010 149 days €2.29 Billion €15.41 Million/day €- €17.00 Million ▼ -10 days
2009 158 days €2.33 Billion €14.67 Million/day €- €15.00 Million ▼ -23 days
2008 182 days €2.52 Billion €13.86 Million/day €- €14.00 Million ▲ +19 days
2007 163 days €1.87 Billion €11.49 Million/day €- €105.00 Million ▼ -4 days
2006 167 days €1.84 Billion €10.98 Million/day €- €12.00 Million ▲ +2 days
2005 166 days €1.71 Billion €10.28 Million/day €- €23.00 Million ▼ -50 days
2004 216 days €1.57 Billion €7.30 Million/day €- €76.00 Million ▲ +33 days
2003 183 days €1.46 Billion €7.97 Million/day €- €76.00 Million ▲ +8 days
2002 175 days €1.27 Billion €7.26 Million/day €- €- ▼ -24 days
2001 199 days €1.22 Billion €6.12 Million/day €- €29.00 Million ▼ -3 days
2000 202 days €1.05 Billion €5.18 Million/day €- €23.00 Million ▲ +194 days
1999 8 days €42.00 Million €5.10 Million/day €- €42.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)