Heineken Working Capital to Net Assets Ratio
Heineken working capital to net assets ratio. Heineken (HEIA) has a Working Capital to Net Assets ratio of -18.7% as of June 2026. Working capital of €-4.07 Billion (current assets of €12.22 Billion minus current liabilities of €16.29 Billion) is measured against net assets of €21.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Heineken (1999–2025)
Working capital to net assets ratio of Heineken from 1999 to 2025. This chart shows how Heineken's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at -18.7%, reflecting working capital of €-4.07 Billion against net assets of €21.71 Billion EUR. Explore Heineken (HEIA) long-term investment share to see how much of total assets are deployed in long-term investments.
Heineken Working Capital to Net Assets Ratio by Year (1999–2025)
Heineken working capital to net assets ratio by year from 1999 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Heineken from 1999 to 2025, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see HEIA total asset value.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.0% | €-1.04 Billion | €20.61 Billion | €12.89 Billion | €13.93 Billion | ▲ +9.9 pp |
| 2024 | -14.9% | €-3.34 Billion | €22.40 Billion | €10.90 Billion | €14.24 Billion | ▲ +0.1 pp |
| 2023 | -15.0% | €-3.43 Billion | €22.79 Billion | €11.40 Billion | €14.82 Billion | ▼ -0.5 pp |
| 2022 | -14.5% | €-3.17 Billion | €21.92 Billion | €11.02 Billion | €14.19 Billion | ▼ -1.7 pp |
| 2021 | -12.8% | €-2.52 Billion | €19.70 Billion | €9.58 Billion | €12.09 Billion | ▲ +0.1 pp |
| 2020 | -12.8% | €-1.85 Billion | €14.39 Billion | €9.02 Billion | €10.87 Billion | ▲ +9.6 pp |
| 2019 | -22.5% | €-3.89 Billion | €17.31 Billion | €8.42 Billion | €12.31 Billion | ▼ -14.2 pp |
| 2018 | -8.3% | €-1.30 Billion | €15.71 Billion | €9.12 Billion | €10.43 Billion | ▲ +6.9 pp |
| 2017 | -15.2% | €-2.21 Billion | €14.52 Billion | €8.25 Billion | €10.46 Billion | ▲ +0.3 pp |
| 2016 | -15.5% | €-2.26 Billion | €14.57 Billion | €8.14 Billion | €10.40 Billion | ▲ +1.8 pp |
| 2015 | -17.3% | €-2.60 Billion | €15.07 Billion | €8.32 Billion | €10.92 Billion | ▲ +0.9 pp |
| 2014 | -18.2% | €-2.45 Billion | €13.45 Billion | €6.09 Billion | €8.53 Billion | ▲ +2.1 pp |
| 2013 | -20.3% | €-2.51 Billion | €12.36 Billion | €5.50 Billion | €8.00 Billion | ▼ -2.6 pp |
| 2012 | -17.7% | €-2.26 Billion | €12.76 Billion | €5.54 Billion | €7.80 Billion | ▼ -3.4 pp |
| 2011 | -14.4% | €-1.45 Billion | €10.09 Billion | €4.71 Billion | €6.16 Billion | ▼ -2.0 pp |
| 2010 | -12.4% | €-1.30 Billion | €10.52 Billion | €4.32 Billion | €5.62 Billion | ▲ +8.9 pp |
| 2009 | -21.3% | €-1.20 Billion | €5.65 Billion | €4.15 Billion | €5.36 Billion | ▼ -14.8 pp |
| 2008 | -6.5% | €-309.00 Million | €4.75 Billion | €4.75 Billion | €5.06 Billion | ▼ -0.6 pp |
| 2007 | -5.9% | €-349.00 Million | €5.95 Billion | €3.84 Billion | €4.19 Billion | ▼ -10.0 pp |
| 2006 | 4.1% | €229.00 Million | €5.52 Billion | €4.24 Billion | €4.01 Billion | ▲ +14.6 pp |
| 2005 | -10.5% | €-474.00 Million | €4.51 Billion | €3.28 Billion | €3.75 Billion | ▼ -13.8 pp |
| 2004 | 3.3% | €126.00 Million | €3.86 Billion | €2.79 Billion | €2.67 Billion | ▼ -15.2 pp |
| 2003 | 18.4% | €719.00 Million | €3.90 Billion | €3.63 Billion | €2.91 Billion | ▲ +12.9 pp |
| 2002 | 5.6% | €164.00 Million | €2.94 Billion | €2.81 Billion | €2.65 Billion | ▼ -20.7 pp |
| 2001 | 26.3% | €824.00 Million | €3.14 Billion | €3.06 Billion | €2.23 Billion | ▲ +6.2 pp |
| 2000 | 20.1% | €506.00 Million | €2.52 Billion | €2.40 Billion | €1.89 Billion | ▼ -5.7 pp |
| 1999 | 25.8% | €740.00 Million | €2.87 Billion | €2.60 Billion | €1.86 Billion | — |