Mondelez International Balance Sheet Health
Financial Health criteria checks 3/6
Mondelez International has a total shareholder equity of $28.4B and total debt of $19.1B, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are $71.4B and $43.0B respectively. Mondelez International's EBIT is $6.0B making its interest coverage ratio 11.1. It has cash and short-term investments of $1.8B.
Key information
67.2%
Debt to equity ratio
US$19.07b
Debt
Interest coverage ratio | 11.1x |
Cash | US$1.81b |
Equity | US$28.37b |
Total liabilities | US$43.03b |
Total assets | US$71.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDLZ's short term assets ($11.7B) do not cover its short term liabilities ($19.0B).
Long Term Liabilities: MDLZ's short term assets ($11.7B) do not cover its long term liabilities ($24.0B).
Debt to Equity History and Analysis
Debt Level: MDLZ's net debt to equity ratio (60.9%) is considered high.
Reducing Debt: MDLZ's debt to equity ratio has reduced from 72.8% to 67.2% 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 (11.1x coverage).