Mondelez International Inc (MDLZ)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	13,242,000	13,201,000	19,426,000	11,703,000	11,515,000	11,622,000	12,671,000	10,091,000	9,910,000	9,210,000	9,619,000	10,342,000	10,455,000	8,654,000	8,843,000	9,979,000	9,446,000	7,995,000	9,068,000	7,630,000
Total current liabilities	US$ in thousands	19,549,000	21,073,000	25,288,000	19,013,000	18,936,000	18,002,000	18,531,000	16,731,000	14,321,000	13,578,000	14,103,000	14,008,000	14,259,000	14,085,000	14,550,000	15,159,000	12,685,000	14,539,000	17,004,000	15,322,000
Current ratio		0.68	0.63	0.77	0.62	0.61	0.65	0.68	0.60	0.69	0.68	0.68	0.74	0.73	0.61	0.61	0.66	0.74	0.55	0.53	0.50

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $13,242,000K ÷ $19,549,000K
= 0.68

The current ratio of Mondelez International Inc has shown fluctuations over the period analyzed. From December 31, 2019, to December 31, 2024, the current ratio ranged between 0.50 and 0.77. The ratio measures the company's ability to cover its short-term liabilities with its current assets.

During this period, the current ratio improved from 0.50 on December 31, 2019, to 0.68 on March 31, 2024. This indicates an enhancement in the company's short-term liquidity position, suggesting Mondelez may be more capable of meeting its current obligations using its current assets.

However, it is important to note that while there have been fluctuations, the current ratio generally remained below 1.0, which may indicate a potential risk in the company's ability to cover its short-term liabilities with its current assets in some periods.

Overall, the current ratio trend for Mondelez International Inc shows variability, with some improvement in liquidity observed over the period, but the company should continue to monitor and manage its current assets and liabilities effectively to ensure financial stability.