Mondelez International Inc (MDLZ)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 68,497,000 | 71,391,000 | 71,161,000 | 67,092,000 | 67,810,000 |
| Total stockholders’ equity | US$ in thousands | 26,932,000 | 28,332,000 | 26,883,000 | 28,269,000 | 27,578,000 |
| Financial leverage ratio | 2.54 | 2.52 | 2.65 | 2.37 | 2.46 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $68,497,000K ÷ $26,932,000K
= 2.54
Mondelez International Inc's financial leverage ratio has shown some fluctuations over the past five years. In 2020, the ratio stood at 2.46 and decreased slightly to 2.37 by the end of 2021, indicating a potential improvement in the company's ability to meet its financial obligations using debt. However, by the end of 2022, the ratio increased to 2.65, suggesting an increase in the company's reliance on debt to finance its operations.
In 2023, there was a slight decrease in the financial leverage ratio to 2.52, possibly indicating a slight reduction in debt usage or an improvement in the company's financial position. Finally, by the end of 2024, the ratio remained relatively stable at 2.54, indicating a consistent level of financial leverage compared to the previous year.
Overall, the trend in Mondelez International Inc's financial leverage ratio suggests some variability in the company's reliance on debt over the five-year period, with some fluctuations that may be influenced by changes in the company's capital structure or financial performance. It would be important to further examine the underlying reasons for these fluctuations to assess the impact on the company's financial health and risk profile.
Peer comparison
Dec 31, 2024