HEINEKEN SP. ADR 1/2 (HNK2) — Financial Flexibility Index
HEINEKEN SP. ADR 1/2 (HNK2) has a Financial Flexibility Index of 0.22x as of December 2025. Free cash flow of €7.41 Billion (operating CF €5.01 Billion minus capex €2.40 Billion) represents 0% of total liabilities (€33.14 Billion). Check HNK2 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
HEINEKEN SP. ADR 1/2 Financial Flexibility Index (2022–2025)
Historical Financial Flexibility Index trend for HEINEKEN SP. ADR 1/2 across 4 annual periods. For the full cash flow conversion analysis, see HEINEKEN SP. ADR 1/2 (HNK2) cash flow conversion.
Annual Financial Flexibility Index for HEINEKEN SP. ADR 1/2 (2022–2025)
Year-by-year free cash flow to debt coverage for HEINEKEN SP. ADR 1/2. Explore HNK2 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | ▼ -11.9% |
| 2024 | 0.25x | €7.97 Billion | €5.50 Billion | €31.37 Billion | ▲ +15.7% |
| 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 | — |