Ambev S.A. (ABEV) quarterly balance sheet — complete assets, liabilities & equity history
Ambev S.A. (ABEV) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 43.15B | 40.47B | 42.83B | 43.88B | 41.94B | 40.79B | 43.55B | 54.16B | 42.67B | 38.32B | 34.68B | 36.56B | 37.55B | 34.32B | 35.38B | 37.82B | 41.56B | 38.24B | 34.48B | 38.63B |
| Cash & Short-Term Investments | 21.91B | 18.35B | 19.64B | 20.32B | 19.84B | 17.52B | 20.31B | 29.84B | 20.94B | 15.34B | 13.92B | 16.34B | 17.64B | 12.43B | 12.58B | 15.38B | 19.06B | 15.66B | 14.23B | 18.54B |
| Cash Only | 19.19B | 16.61B | 17.99B | 18.64B | 18.31B | 16.4B | 19.12B | 28.6B | 19.78B | 14.15B | 12.84B | 16.06B | 17.41B | 12.12B | 12.21B | 14.93B | 17.71B | 14.13B | 12.89B | 16.63B |
| Short-Term Investments | 2.73B | 1.74B | 1.65B | 1.68B | 1.53B | 1.12B | 1.19B | 1.24B | 1.15B | 1.19B | 1.08B | 277.2M | 227.2M | 313.5M | 365.3M | 454.5M | 1.35B | 1.54B | 1.35B | 1.91B |
| Accounts Receivable | 7.93B | 8.25B | 8.83B | 10.23B | 8.88B | 8.82B | 8.9B | 9.85B | 6.09B | 5.69B | 5.26B | 5.74B | 5.52B | 4.88B | 5.05B | 8.2B | 5.39B | 4.77B | 4.38B | 7.4B |
| Days Sales Outstanding | 34.47 | 38.56 | 38.17 | 35.43 | 39.06 | 40.14 | 37.51 | 27.12 | 24.51 | 24.85 | 24.69 | 25.92 | 23.55 | 23.89 | 29.04 | 27.55 | 22.7 | 23.16 | 28.77 | 24.9 |
| Inventory | 9.98B | 10.42B | 10.4B | 10.52B | 10.47B | 11.35B | 12.25B | 11.69B | 11.09B | 11.43B | 10.31B | 9.62B | 10.82B | 12.05B | 13.03B | 12.92B | 12.5B | 12.59B | 11.43B | 11B |
| Days Inventory Outstanding | 88.62 | 97.63 | 86.51 | 82.17 | 99.2 | 106.88 | 98.41 | 83.68 | 94.41 | 98.32 | 90.16 | 101.08 | 102.92 | 118.46 | 115.27 | 106.44 | 108.36 | 116.56 | 107.2 | 89.89 |
| Other Current Assets | 3.32B | 3.47B | 3.97B | 2.09B | 2.75B | 3.09B | 2.09B | 2.78B | 2.08B | 5.05B | 4.79B | 4.33B | 3.57B | 4.96B | 4.72B | 1.31B | 4.62B | 5.21B | 4.44B | 1.68B |
| Total Non-Current Assets | 98.42B | 97.73B | 99.93B | 104.24B | 98.81B | 101.37B | 103.75B | 108.35B | 104.61B | 105.12B | 99.14B | 96.08B | 100.36B | 98.97B | 100.09B | 100.14B | 100.51B | 98.39B | 92.92B | 99.98B |
| Property, Plant & Equipment | 25.3B | 25.64B | 26.39B | 27.64B | 26.4B | 27.48B | 28.49B | 30.17B | 28.77B | 29.02B | 27.63B | 26.63B | 28.93B | 29.28B | 29.79B | 30.06B | 29.93B | 29.39B | 27.49B | 29.22B |
| Fixed Asset Turnover | 0.85x | 0.77x | 0.83x | 0.92x | 0.77x | 0.72x | 0.77x | 0.92x | 0.76x | 0.71x | 0.75x | 0.72x | 0.70x | 0.64x | 0.69x | 0.76x | 0.69x | 0.63x | 0.65x | 0.78x |
| Goodwill | 40.07B | 40.09B | 40.86B | 41.54B | 40.51B | 41.68B | 42.42B | 44.34B | 41.89B | 42.09B | 39.37B | 38B | 39.77B | 39.32B | 40.18B | 40.59B | 41.63B | 41.33B | 39.19B | 42.41B |
| Intangible Assets | 10.43B | 10.57B | 11.01B | 11.04B | 10.8B | 11.36B | 11.85B | 12.53B | 11.55B | 11.62B | 10.7B | 10.04B | 9.46B | 9.14B | 9.25B | 9.22B | 9.18B | 8.55B | 7.73B | 8.69B |
| Long-Term Investments | 1.26B | 1.16B | 1.17B | 1.26B | 445.01M | 462.6M | 555.8M | 579.9M | 576.02M | 576.35M | 540.81M | 531.3M | 553.2M | 576.2M | 588.8M | 551M | 551.29M | 538.77M | 483.25M | 498.1M |
| Other Non-Current Assets | 12.82B | 11.88B | 12.13B | 11.32B | 11.52B | 11.5B | 12.19B | 20.73B | 12.69B | 12.96B | 12.7B | 12.9B | 12.42B | 12.58B | 13.06B | 13.28B | 11.74B | 12.25B | 13.93B | 14.42B |
| Total Assets | 141.57B | 138.21B | 142.76B | 148.11B | 140.75B | 142.16B | 147.3B | 162.51B | 147.29B | 143.44B | 133.82B | 132.64B | 137.91B | 133.29B | 135.47B | 137.96B | 142.06B | 136.63B | 127.4B | 138.6B |
| Asset Turnover | 0.15x | 0.14x | 0.15x | 0.17x | 0.15x | 0.14x | 0.15x | 0.17x | 0.15x | 0.14x | 0.15x | 0.15x | 0.15x | 0.14x | 0.15x | 0.16x | 0.15x | 0.14x | 0.14x | 0.16x |
| Asset Growth % | 0.58% | -2.78% | -3.08% | -8.86% | -4.43% | -0.89% | 10.08% | 22.51% | 6.8% | 7.61% | -1.22% | -3.85% | -2.92% | -2.44% | 6.33% | -0.46% | 5.13% | 9.8% | -4.51% | 10.71% |
| Total Current Liabilities | 40.72B | 39.62B | 41.66B | 45.6B | 36.58B | 36.87B | 39.34B | 49.39B | 35.67B | 34.62B | 34.91B | 41.01B | 33.85B | 34.12B | 35.63B | 40.54B | 34.98B | 33.9B | 33.18B | 38.87B |
| Accounts Payable | 21.18B | 20.73B | 22.21B | 22.6B | 19.32B | 19.88B | 22.59B | 25.22B | 21.07B | 20.76B | 21.85B | 23.2B | 18.22B | 18.58B | 21.62B | 24.33B | 21.31B | 21.18B | 21.95B | 25.08B |
| Days Payables Outstanding | 182.04 | 201.37 | 185.28 | 164.08 | 178.22 | 192.37 | 196.57 | 170.05 | 175.37 | 192.71 | 203.75 | 204.83 | 165.6 | 189.84 | 204.09 | 191.12 | 183.58 | 209.37 | 224.81 | 194.99 |
| Short-Term Debt | 137.6M | 1.07B | 144.2M | 1.17B | 168.21M | 174.53M | 172.9M | 163.6M | 157.65M | 153.79M | 547.59M | 151.2M | 1.24B | 271.47M | 339.33M | 273.3M | 535.61M | 706.04M | 280.1M | 224.6M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.39B | 6.45B | 6.18B | 14.25B | 4.68B | 4.74B | 3.83B | 4.03B | 3.5B | 3.44B | 3.05B | 5.28B | 5.11B | 5.93B | 4.84B | 4.42B | 3.95B | 3.45B | 2.43B | 2.97B |
| Current Ratio | 1.06x | 1.02x | 1.03x | 0.96x | 1.15x | 1.11x | 1.11x | 1.10x | 1.20x | 1.11x | 0.99x | 0.89x | 1.11x | 1.01x | 0.99x | 0.93x | 1.19x | 1.13x | 1.04x | 0.99x |
| Quick Ratio | 0.81x | 0.76x | 0.78x | 0.73x | 0.86x | 0.80x | 0.80x | 0.86x | 0.89x | 0.78x | 0.70x | 0.66x | 0.79x | 0.65x | 0.63x | 0.61x | 0.83x | 0.76x | 0.69x | 0.71x |
| Cash Conversion Cycle | -58.95 | -65.18 | -60.6 | -46.49 | -39.96 | -45.35 | -60.66 | -59.24 | -56.45 | -69.53 | -88.9 | -77.83 | -39.13 | -47.49 | -59.78 | -57.14 | -52.52 | -69.66 | -88.85 | -80.19 |
| Total Non-Current Liabilities | 9.41B | 9.69B | 10.27B | 13.74B | 11.45B | 12.07B | 12.48B | 13.54B | 12.73B | 12.79B | 11.53B | 11.5B | 12.51B | 12.81B | 13.4B | 14.09B | 15.53B | 15.15B | 14.02B | 15.72B |
| Long-Term Debt | 216.06M | 1.88B | 234.23M | 2.22B | 264.07M | 299.23M | 284.78M | 324M | 328.76M | 345.08M | 363.74M | 391M | 2.48B | 434.77M | 445M | 454.3M | 233.03M | 251.17M | 246.83M | 267.2M |
| Capital Lease Obligations | 1.5B | 0 | 1.77B | 1.96B | 1.58B | 1.76B | 1.81B | 1.85B | 1.84B | 1.87B | 1.81B | 1.81B | 0 | 2.24B | 2.21B | 2.33B | 1.99B | 2.05B | 1.92B | 1.99B |
| Deferred Tax Liabilities | 3.79B | 3.86B | 4.07B | 6.94B | 4.02B | 4.22B | 4.5B | 5.01B | 4.57B | 4.55B | 3.72B | 3.32B | 3.96B | 3.73B | 3.76B | 3.73B | 3.78B | 3.52B | 2.94B | 3.21B |
| Other Non-Current Liabilities | 3.9B | 3.96B | 4.2B | 2.62B | 5.59B | 5.8B | 5.88B | 6.35B | 5.99B | 6.02B | 5.64B | 5.97B | 6.07B | 6.41B | 6.99B | 7.58B | 9.53B | 9.33B | 8.91B | 10.25B |
| Total Liabilities | 50.13B | 49.32B | 51.94B | 59.34B | 48.03B | 48.95B | 51.82B | 62.93B | 48.4B | 47.4B | 46.44B | 52.5B | 46.35B | 46.93B | 49.03B | 54.63B | 50.51B | 49.05B | 47.2B | 54.58B |
| Total Debt | 2.71B | 2.95B | 3.11B | 5.35B | 2.9B | 3.16B | 3.22B | 3.45B | 3.38B | 3.46B | 3.82B | 3.5B | 3.72B | 4.1B | 3.95B | 3.85B | 3.42B | 3.71B | 3.08B | 3.13B |
| Net Debt | -16.47B | -13.66B | -14.89B | -13.29B | -15.41B | -13.25B | -15.9B | -25.14B | -16.4B | -10.7B | -9.03B | -12.56B | -13.69B | -8.02B | -8.27B | -11.08B | -14.29B | -10.41B | -9.81B | -13.5B |
| Debt / Equity | 0.03x | 0.03x | 0.03x | 0.06x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.04x | 0.04x | 0.04x | 0.04x |
| Debt / EBITDA | 0.38x | 0.47x | 0.42x | 0.58x | 0.37x | 0.52x | 0.43x | 0.36x | 0.48x | 0.60x | 0.59x | 0.49x | 0.57x | 0.80x | 0.62x | 0.54x | 0.61x | 0.67x | 0.56x | 0.47x |
| Net Debt / EBITDA | -2.29x | -2.17x | -1.99x | -1.44x | -1.95x | -2.17x | -2.14x | -2.63x | -2.33x | -1.84x | -1.39x | -1.77x | -2.09x | -1.56x | -1.29x | -1.57x | -2.56x | -1.89x | -1.79x | -2.04x |
| Interest Coverage | 8.95x | 9.04x | 9.01x | 8.01x | 8.24x | 7.02x | 62.88x | 54.64x | 54.51x | 6.19x | 39.26x | 13.68x | 84.29x | 38.84x | 96.49x | 13.34x | 56.31x | 68.20x | 56.17x | 21.04x |
| Total Equity | 91.44B | 88.89B | 90.82B | 88.77B | 92.73B | 93.21B | 95.48B | 99.58B | 98.88B | 96.04B | 87.38B | 80.14B | 91.56B | 86.37B | 86.44B | 83.33B | 91.55B | 87.59B | 80.2B | 84.02B |
| Equity Growth % | -1.39% | -4.63% | -4.87% | -10.85% | -6.23% | -2.94% | 9.27% | 24.25% | 8% | 11.2% | 1.09% | -3.82% | 0.01% | -1.39% | 7.78% | -0.82% | 3.84% | 9.34% | -4.11% | 11.8% |
| Book Value per Share | 5.91 | 5.71 | 5.79 | 5.67 | 5.92 | 5.92 | 6.07 | 6.30 | 6.25 | 6.08 | 5.52 | 5.06 | 5.78 | 5.45 | 5.45 | 5.26 | 5.78 | 5.52 | 5.06 | 5.30 |
| Total Shareholders' Equity | 90.9B | 88.31B | 90.13B | 87.91B | 92.03B | 92.47B | 94.53B | 98.64B | 98.14B | 95.26B | 86.59B | 78.97B | 90.25B | 85.07B | 85B | 81.96B | 90.18B | 86.26B | 78.92B | 82.64B |
| Common Stock | 58.31B | 58.31B | 58.31B | 58.28B | 58.28B | 58.28B | 58.28B | 58.23B | 58.23B | 58.23B | 58.23B | 58.18B | 58.18B | 58.18B | 58.18B | 58.13B | 58.13B | 58.13B | 58.13B | 58.04B |
| Retained Earnings | 11.19B | 7.52B | 4.31B | 18.04B | 7.43B | 4.32B | 2.99B | 0 | 14.83B | 10.58B | 6.53B | 0 | 13.77B | 8.73B | 4.97B | 0 | 12.31B | 8.12B | 4.14B | 0 |
| Treasury Stock | 0 | 0 | 0 | -2.95B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.1B | -1.06B | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 104.94B | 105.4B | 107.65B | 14.55B | 106.91B | 106.81B | 107.49B | 108.97B | 98.56B | 98.47B | 98.69B | 98.67B | 37.61B | 37.61B | 92.31B | 92.25B | 86.43B | 20.01B | 86.35B | 86.38B |
| Minority Interest | 546.22M | 580M | 697.87M | 860.74M | 700.98M | 739.32M | 947.62M | 938.4M | 743.69M | 772.58M | 782.39M | 1.17B | 1.31B | 1.29B | 1.44B | 1.37B | 1.37B | 1.32B | 1.27B | 1.37B |