MDLZ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MDLZ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Mondelez International's quick ratio for the quarter that ended in Dec. 2024 was 0.48.
Mondelez International has a quick ratio of 0.48. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Mondelez International's Quick Ratio or its related term are showing as below:
During the past 13 years, Mondelez International's highest Quick Ratio was 0.58. The lowest was 0.30. And the median was 0.43.
The historical data trend for Mondelez International's Quick Ratio 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.
Mondelez International Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Quick Ratio | Get a 7-Day Free Trial |
![]() |
![]() |
0.48 | 0.54 | 0.40 | 0.43 | 0.48 |
Mondelez International Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Quick Ratio | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.43 | 0.63 | 0.50 | 0.42 | 0.48 |
For the Confectioners subindustry, Mondelez International's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mondelez International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mondelez International's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Mondelez International's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as
Quick Ratio (A: Dec. 2024 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (13242 | - | 3827) | / | 19549 | |
= | 0.48 |
Mondelez International's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as
Quick Ratio (Q: Dec. 2024 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (13242 | - | 3827) | / | 19549 | |
= | 0.48 |
* 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.
Mondelez International (NAS:MDLZ) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Thank you for viewing the detailed overview of Mondelez International's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hart Cees 't | director | C/O MONDELEZ INTERNATIONAL, 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607 |
Deepak D. Iyer | officer: EVP and President AMEA | C/O MONDELEZ INTERNATIONAL, INC., 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607 |
Anindita Mukherjee | director | 8501 WILLIAMS ROAD, ESTERO FL 33928 |
Maurizio Brusadelli | officer: EVP and President Asia Pac | MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015 |
Daniel E Ramos | officer: Chief Res & Dev Officer | 350 FIFTH AVENUE, NEW YORK NY 10118 |
Ertharin Cousin | director | 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726 |
Robin S. Hargrove | officer: EVP, Research, Dev & Quality | C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048 |
Mariano Lozano | officer: EVP and President, LA | C/O THE DANONE COMPANY, INC., 100 HILLSIDE AVENUE, WHITE PLAINS NY 10603 |
Fredric G Reynolds | director | PINTEREST, INC., 651 BRANNAN, SAN FRANCISCO CA 94107 |
Vinzenz P. Gruber | officer: EVP and President, Europe | C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015 |
Trian Fund Management, L.p. | director | 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017 |
Glen Walter | officer: EVP & President, North America | THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313 |
Charles E Bunch | director | PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
Michael Andrew Call | officer: VP, Corporate Controller & CAO | 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607 |
Jane Nielsen | director | 516 WEST 34TH STREET, NEW YORK NY 10001 |
From GuruFocus
By GuruFocus News • 02-05-2025
By GuruFocus News • 02-13-2025
By Marketwired • 02-18-2025
By Marketwired • 02-13-2025
By Marketwired • 02-13-2025
By GuruFocus News • 01-08-2025
By Marketwired • 02-04-2025
By GuruFocus News • 02-06-2025
By GuruFocus News • 02-13-2025
By PRNewswire • 01-22-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.