Heineken Holding NV (HEIO) — Tangible Net Worth Ratio

Latest as of December 2025: 58.6%

Heineken Holding NV (HEIO) has a Tangible Net Worth Ratio of 58.6% as of December 2025. This metric is calculated by deducting intangible assets (€8.42 Billion) from net assets (€20.34 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See HEIO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

58.6%
Tangible equity / total equity

Net Assets (Equity)

€20.34 Billion
EUR

Intangible Assets

€8.42 Billion
Goodwill, patents, brand value

Total Assets

€53.47 Billion
EUR

Heineken Holding NV Tangible Net Worth Ratio (2000–2025)

This chart shows how Heineken Holding NV's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 58.6%, reflecting net assets of €20.34 Billion with intangible assets of €8.42 Billion EUR. See Heineken Holding NV (HEIO) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Heineken Holding NV (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Heineken Holding NV from 2000 to 2025, covering 26 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Heineken Holding NV.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 58.6% €20.34 Billion €8.42 Billion €53.47 Billion ▲ +1.1 pp
2024 57.5% €22.10 Billion €9.40 Billion €54.77 Billion ▲ +0.1 pp
2023 57.4% €22.39 Billion €9.54 Billion €54.76 Billion ▼ -0.8 pp
2022 58.2% €21.92 Billion €9.16 Billion €52.41 Billion ▲ +3.7 pp
2021 54.6% €19.70 Billion €8.95 Billion €48.85 Billion ▼ -10.1 pp
2020 64.6% €14.39 Billion €5.09 Billion €42.63 Billion ▲ +1.1 pp
2019 63.6% €17.31 Billion €6.30 Billion €46.50 Billion ▲ +3.9 pp
2018 59.7% €15.54 Billion €6.26 Billion €41.96 Billion ▲ +4.2 pp
2017 55.5% €14.52 Billion €6.46 Billion €41.03 Billion ▼ -0.6 pp
2016 56.1% €14.57 Billion €6.39 Billion €39.32 Billion ▲ +1.6 pp
2015 54.5% €15.07 Billion €6.86 Billion €37.71 Billion ▼ -1.3 pp
2014 55.8% €13.45 Billion €5.95 Billion €34.83 Billion ▲ +3.7 pp
2013 52.1% €12.36 Billion €5.92 Billion €33.34 Billion ▲ +6.5 pp
2012 45.6% €12.76 Billion €6.95 Billion €35.98 Billion ▲ +52.9 pp
2011 -7.4% €10.09 Billion €10.84 Billion €27.13 Billion ▼ -3.8 pp
2010 -3.5% €10.52 Billion €10.89 Billion €26.55 Billion ▲ +22.8 pp
2009 -26.4% €5.65 Billion €7.13 Billion €20.18 Billion ▲ +23.2 pp
2008 -49.6% €4.75 Billion €7.11 Billion €20.56 Billion ▼ -106.9 pp
2007 57.3% €5.95 Billion €2.54 Billion €12.97 Billion ▲ +1.6 pp
2006 55.6% €5.52 Billion €2.45 Billion €13.00 Billion ▲ +8.4 pp
2005 47.3% €4.51 Billion €2.38 Billion €11.83 Billion ▼ -47.1 pp
2004 94.4% €3.73 Billion €210.00 Million €10.78 Billion ▲ +22.4 pp
2003 72.0% €3.90 Billion €1.09 Billion €10.90 Billion ▼ -28.0 pp
2002 100.0% €2.94 Billion €0.00 €7.78 Billion ▲ +0.0 pp
2001 100.0% €3.14 Billion €0.00 €7.22 Billion ▲ +0.0 pp
2000 100.0% €2.52 Billion €0.00 €6.29 Billion
pp = percentage points