Heineken Holding NV Financial Flexibility Index

Latest as of December 2025: 0.13x

Heineken Holding NV financial flexibility index. Heineken Holding NV (HEIO) has a Financial Flexibility Index of 0.13x as of December 2025. Free cash flow of €4.16 Billion (operating CF €3.32 Billion minus capex €839.00 Million) represents 0% of total liabilities (€33.14 Billion). Explore capital reinvestment ratio of Heineken Holding NV to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

€4.16 Billion
Operating CF − Capex

Total Liabilities

€33.14 Billion
EUR

Capital Expenditures

€839.00 Million
EUR

Financial Flexibility Index of Heineken Holding NV (2000–2025)

Financial flexibility index of Heineken Holding NV from 2000 to 2025. Historical Financial Flexibility Index trend for Heineken Holding NV across 26 annual periods. Check Heineken Holding NV (HEIO) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Heineken Holding NV Financial Flexibility Index by Year (2000–2025)

Heineken Holding NV financial flexibility index by year from 2000 to 2025. Year-by-year free cash flow to debt coverage for Heineken Holding NV. For the full cash flow conversion analysis, see how efficiently does Heineken Holding NV generate cash.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.22x €7.41 Billion €5.01 Billion €33.14 Billion ▼ -8.3%
2024 0.24x €7.97 Billion €5.50 Billion €32.67 Billion ▲ +11.1%
2023 0.22x €7.11 Billion €4.43 Billion €32.36 Billion ▲ +2.9%
2022 0.21x €6.51 Billion €4.50 Billion €30.49 Billion ▲ +7.7%
2021 0.20x €5.78 Billion €4.18 Billion €29.15 Billion ▲ +17.2%
2020 0.17x €4.78 Billion €3.14 Billion €28.24 Billion ▼ -23.3%
2019 0.22x €6.44 Billion €4.34 Billion €29.19 Billion ▼ -9.6%
2018 0.24x €6.44 Billion €4.39 Billion €26.42 Billion ▲ +13.2%
2017 0.22x €5.71 Billion €3.88 Billion €26.51 Billion ▼ -4.5%
2016 0.23x €5.58 Billion €3.72 Billion €24.75 Billion ▼ -2.1%
2015 0.23x €5.22 Billion €3.49 Billion €22.64 Billion ▲ +6.9%
2014 0.22x €4.61 Billion €3.06 Billion €21.38 Billion ▲ +3.7%
2013 0.21x €4.36 Billion €2.91 Billion €20.98 Billion ▲ +22.4%
2012 0.17x €3.94 Billion €2.69 Billion €23.22 Billion ▼ -23.2%
2011 0.22x €3.77 Billion €2.91 Billion €17.04 Billion ▲ +5.5%
2010 0.21x €3.36 Billion €2.66 Billion €16.03 Billion ▼ -3.5%
2009 0.22x €3.16 Billion €2.38 Billion €14.53 Billion ▲ +17.6%
2008 0.18x €2.92 Billion €1.66 Billion €15.81 Billion ▼ -54.9%
2007 0.41x €2.88 Billion €1.73 Billion €7.02 Billion ▲ +12.3%
2006 0.36x €2.73 Billion €1.85 Billion €7.48 Billion ▼ -2.9%
2005 0.38x €2.75 Billion €1.87 Billion €7.32 Billion ▲ +15.5%
2004 0.32x €2.29 Billion €1.61 Billion €7.04 Billion ▲ +1.2%
2003 0.32x €2.25 Billion €1.64 Billion €7.00 Billion ▼ -17.2%
2002 0.39x €1.88 Billion €1.18 Billion €4.84 Billion ▼ -9.3%
2001 0.43x €1.74 Billion €1.17 Billion €4.08 Billion ▲ +10.9%
2000 0.39x €1.45 Billion €1.03 Billion €3.77 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities