Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Mondelēz International Inc., liquidity ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Current ratio | 0.68 | 0.62 | 0.60 | 0.74 | 0.66 | |
| Quick ratio | 0.32 | 0.33 | 0.35 | 0.48 | 0.43 | |
| Cash ratio | 0.07 | 0.10 | 0.11 | 0.25 | 0.24 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Mondelēz International Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Mondelēz International Inc. quick ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Mondelēz International Inc. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Current Ratio
Mondelēz International Inc., current ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Current assets | 13,242) | 11,703) | 10,091) | 10,342) | 9,979) | |
| Current liabilities | 19,549) | 19,013) | 16,731) | 14,008) | 15,159) | |
| Liquidity Ratio | ||||||
| Current ratio1 | 0.68 | 0.62 | 0.60 | 0.74 | 0.66 | |
| Benchmarks | ||||||
| Current Ratio, Competitors2 | ||||||
| Coca-Cola Co. | 1.03 | 1.13 | 1.15 | 1.13 | 1.32 | |
| PepsiCo Inc. | 0.82 | 0.85 | 0.80 | 0.83 | 0.98 | |
| Philip Morris International Inc. | 0.88 | 0.75 | 0.72 | 0.92 | 1.10 | |
| Current Ratio, Sector | ||||||
| Food, Beverage & Tobacco | 0.86 | 0.85 | 0.82 | 0.91 | 1.01 | |
| Current Ratio, Industry | ||||||
| Consumer Staples | 0.85 | 0.84 | 0.87 | 0.93 | 0.92 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Current ratio = Current assets ÷ Current liabilities
= 13,242 ÷ 19,549 = 0.68
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Mondelēz International Inc. current ratio improved from 2022 to 2023 and from 2023 to 2024. |
Quick Ratio
Mondelēz International Inc., quick ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 1,351) | 1,810) | 1,923) | 3,546) | 3,619) | |
| Trade receivables, net of allowances | 3,874) | 3,634) | 3,088) | 2,337) | 2,297) | |
| Other receivables, net of allowances | 937) | 878) | 819) | 851) | 657) | |
| Total quick assets | 6,162) | 6,322) | 5,830) | 6,734) | 6,573) | |
| Current liabilities | 19,549) | 19,013) | 16,731) | 14,008) | 15,159) | |
| Liquidity Ratio | ||||||
| Quick ratio1 | 0.32 | 0.33 | 0.35 | 0.48 | 0.43 | |
| Benchmarks | ||||||
| Quick Ratio, Competitors2 | ||||||
| Coca-Cola Co. | 0.72 | 0.72 | 0.77 | 0.81 | 0.96 | |
| PepsiCo Inc. | 0.62 | 0.66 | 0.58 | 0.56 | 0.77 | |
| Philip Morris International Inc. | 0.39 | 0.28 | 0.29 | 0.44 | 0.56 | |
| Quick Ratio, Sector | ||||||
| Food, Beverage & Tobacco | 0.53 | 0.51 | 0.49 | 0.58 | 0.68 | |
| Quick Ratio, Industry | ||||||
| Consumer Staples | 0.38 | 0.37 | 0.38 | 0.43 | 0.47 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 6,162 ÷ 19,549 = 0.32
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Mondelēz International Inc. quick ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Cash Ratio
Mondelēz International Inc., cash ratio calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Cash and cash equivalents | 1,351) | 1,810) | 1,923) | 3,546) | 3,619) | |
| Total cash assets | 1,351) | 1,810) | 1,923) | 3,546) | 3,619) | |
| Current liabilities | 19,549) | 19,013) | 16,731) | 14,008) | 15,159) | |
| Liquidity Ratio | ||||||
| Cash ratio1 | 0.07 | 0.10 | 0.11 | 0.25 | 0.24 | |
| Benchmarks | ||||||
| Cash Ratio, Competitors2 | ||||||
| Coca-Cola Co. | 0.58 | 0.58 | 0.59 | 0.63 | 0.75 | |
| PepsiCo Inc. | 0.29 | 0.32 | 0.20 | 0.23 | 0.41 | |
| Philip Morris International Inc. | 0.18 | 0.12 | 0.12 | 0.23 | 0.37 | |
| Cash Ratio, Sector | ||||||
| Food, Beverage & Tobacco | 0.30 | 0.28 | 0.24 | 0.34 | 0.43 | |
| Cash Ratio, Industry | ||||||
| Consumer Staples | 0.23 | 0.22 | 0.23 | 0.30 | 0.33 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,351 ÷ 19,549 = 0.07
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Mondelēz International Inc. cash ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |