Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Heineken Holding NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9,733 Mil. Heineken Holding NV's Total Assets for the quarter that ended in Dec. 2023 was €54,758 Mil.
Therefore, Heineken Holding NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.18.
The historical rank and industry rank for Heineken Holding NV's Equity-to-Asset or its related term are showing as below:
XAMS:HEIO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.17 Max: 0.19
Current: 0.18
During the past 13 years, the highest Equity to Asset Ratio of Heineken Holding NV was 0.19. The lowest was 0.16. And the median was 0.17.
XAMS:HEIO's Equity-to-Asset is ranked worse than 89.3% of 215
companies
in the Beverages - Alcoholic industry
Industry Median: 0.5
vs XAMS:HEIO: 0.18
Heineken Holding NV Equity-to-Asset Historical Data
The historical data trend for Heineken Holding NV's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Heineken Holding NV's Equity-to-Asset
For the Beverages - Brewers subindustry, Heineken Holding NV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heineken Holding NV's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Holding NV's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Heineken Holding NV's Equity-to-Asset falls into.
Heineken Holding NV Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Heineken Holding NV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Heineken Holding NV Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Heineken Holding NV's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Heineken Holding NV (XAMS:HEIO) Business Description
Heineken Holding NV holds more than 50% of Heineken NV's issued shares. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East and Eastern Europe regions.
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