Mondelez International Inc (MDLZ)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 68,497,000 | 71,391,000 | 71,161,000 | 67,092,000 | 67,810,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $68,497,000K
= 0.00
The debt-to-assets ratio of Mondelez International Inc has consistently been 0.00 over the past five years, as per the data provided. This indicates that the company has not relied on debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are fully financed by equity rather than debt. This can be seen as a positive sign, as lower debt levels generally indicate lower financial risk and greater stability for the company. It also implies that Mondelez International Inc has a strong financial position and may be managing its capital structure effectively. However, it is important to note that while a low debt-to-assets ratio can be favorable, it may also imply missed opportunities for leveraging debt to potentially enhance returns. Overall, the consistent 0.00 debt-to-assets ratio for Mondelez International Inc demonstrates a conservative approach to financing its operations and investments.
Peer comparison
Dec 31, 2024