Mondelez International Balance Sheet Health
Financial Health criteria checks 3/6
Mondelez International has a total shareholder equity of $27.7B and total debt of $19.8B, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are $73.1B and $45.4B respectively. Mondelez International's EBIT is $6.6B making its interest coverage ratio 13.4. It has cash and short-term investments of $1.4B.
Key information
71.3%
Debt to equity ratio
US$19.75b
Debt
| Interest coverage ratio | 13.4x |
| Cash | US$1.40b |
| Equity | US$27.72b |
| Total liabilities | US$45.38b |
| Total assets | US$73.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDLZ's short term assets ($15.2B) do not cover its short term liabilities ($22.4B).
Long Term Liabilities: MDLZ's short term assets ($15.2B) do not cover its long term liabilities ($22.9B).
Debt to Equity History and Analysis
Debt Level: MDLZ's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: MDLZ's debt to equity ratio has reduced from 75.2% to 71.3% over the past 5 years.
Debt Coverage: MDLZ's debt is well covered by operating cash flow (24.7%).
Interest Coverage: MDLZ's interest payments on its debt are well covered by EBIT (13.4x coverage).