HEINEKEN SP. ADR 1/2 (HNK2) — Working Capital to Net Assets Ratio
HEINEKEN SP. ADR 1/2 (HNK2) has a Working Capital to Net Assets ratio of -5.0% as of December 2025. Working capital of €-1.04 Billion (current assets of €12.89 Billion minus current liabilities of €13.93 Billion) is measured against net assets of €20.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HNK2 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HEINEKEN SP. ADR 1/2 Working Capital to Net Assets (2022–2025)
This chart shows how HEINEKEN SP. ADR 1/2's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at -5.0%, reflecting working capital of €-1.04 Billion against net assets of €20.61 Billion EUR. For the complete balance sheet picture, see HEINEKEN SP. ADR 1/2 assets under control.
Annual Working Capital to Net Assets for HEINEKEN SP. ADR 1/2 (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HEINEKEN SP. ADR 1/2 from 2022 to 2025, covering 4 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. Read HEINEKEN SP. ADR 1/2 debt and liabilities for a breakdown of total debt and financial obligations.
| 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 | — |