Mondelez International (WBO:MDLZ) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Mondelez International Debt-to-Equity?

Mondelez International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,312 Mil. Mondelez International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €15,978 Mil. Mondelez International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €25,980 Mil. Mondelez International's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mondelez International's Debt-to-Equity or its related term are showing as below:

WBO:MDLZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.7 Max: 0.87
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Mondelez International was 0.87. The lowest was 0.55. And the median was 0.70.

WBO:MDLZ's Debt-to-Equity is ranked worse than
66.48% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs WBO:MDLZ: 0.70

Mondelez International Debt-to-Equity Historical Data

The historical data trend for Mondelez International's Debt-to-Equity 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.

* Premium members only.

Mondelez International Debt-to-Equity Chart

Mondelez International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.69

0.74

0.71

0.87

0.70

Mondelez International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.81	0.76	0.72	0.70

Competitive Comparison of Mondelez International's Debt-to-Equity

For the Confectioners subindustry, Mondelez International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Mondelez International's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mondelez International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mondelez International's Debt-to-Equity falls into.

Mondelez International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mondelez International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2311.757	+	15977.808)	/	25980.444
	=	0.70

Mondelez International's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2311.757	+	15977.808)	/	25980.444
	=	0.70

Mondelez International (WBO:MDLZ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mondelez International Debt-to-Equity Related Terms

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Mondelez International (WBO:MDLZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mondelez International Inc (WBO:MDLZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MDLZ:USA MDLZ:Mexico 1MDLZ:Italy KTFd:UK KTF:Germany MDLZ34:Brazil

Address

905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607

Website

https://www.mondelezinternational.com

Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.