Mondelez International Inc (MDLZ)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,351,000 | 1,517,000 | 1,376,000 | 1,810,000 | 1,610,000 | 1,482,000 | 1,917,000 | 1,923,000 | 2,177,000 | 1,924,000 | 1,946,000 | 3,546,000 | 3,401,000 | 1,938,000 | 2,028,000 | 3,619,000 | 2,759,000 | 1,602,000 | 1,925,000 | 1,291,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | 705,000 | 1,600,000 | — | — | — | — | — | 5,269,000 | 13,000 | 13,000 | 6,036 | 13,000 | 34,000 | 73,000 | 19,000 |
| Receivables | US$ in thousands | 4,811,000 | 4,691,000 | 4,814,000 | 4,512,000 | 4,291,000 | 3,785,000 | 4,312,000 | 3,907,000 | 3,503,000 | 3,182,000 | 3,692,000 | 3,188,000 | 3,329,000 | 2,913,000 | 3,315,000 | 2,954,000 | 3,056,000 | 2,610,000 | 3,298,000 | 2,927,000 |
| 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 |
| Quick ratio | 0.32 | 0.29 | 0.24 | 0.33 | 0.31 | 0.33 | 0.42 | 0.35 | 0.40 | 0.38 | 0.40 | 0.48 | 0.84 | 0.35 | 0.37 | 0.43 | 0.46 | 0.29 | 0.31 | 0.28 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,351,000K
+ $—K
+ $4,811,000K)
÷ $19,549,000K
= 0.32
The quick ratio of Mondelez International Inc has fluctuated over the period from December 31, 2019, to December 31, 2024. The quick ratio indicates the company's ability to meet its short-term obligations using its most liquid assets.
The quick ratio started at a low point of 0.28 on December 31, 2019, and fluctuated within a range over the years, reaching its highest level of 0.84 on September 30, 2021, before dropping back to 0.24 on March 31, 2024.
Overall, the quick ratio has shown some volatility, suggesting potential fluctuations in the company's ability to cover its short-term liabilities with its liquid assets. This ratio is an important indicator of the company's liquidity position and its ability to handle short-term financial obligations.
Peer comparison
Dec 31, 2024