Mondelez International Inc (MDLZ)

Financial leverage ratio

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total assets	US$ in thousands	71,391,000	70,860,000	72,025,000	72,786,000	71,161,000	68,036,000	66,014,000	67,994,000	67,092,000	67,317,000	66,477,000	66,349,000	67,810,000	66,249,000	64,194,000	63,598,000	64,515,000	63,895,000	63,573,000	64,162,000
Total stockholders’ equity	US$ in thousands	28,332,000	28,535,000	28,647,000	28,228,000	26,883,000	26,641,000	27,511,000	28,161,000	28,269,000	27,698,000	27,543,000	27,075,000	27,578,000	26,943,000	26,018,000	25,674,000	27,241,000	26,806,000	26,093,000	25,828,000
Financial leverage ratio		2.52	2.48	2.51	2.58	2.65	2.55	2.40	2.41	2.37	2.43	2.41	2.45	2.46	2.46	2.47	2.48	2.37	2.38	2.44	2.48

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $71,391,000K ÷ $28,332,000K
= 2.52

Mondelez International Inc.'s financial leverage ratio has shown some fluctuations over the past eight quarters. The ratio indicates the company's level of debt relative to its equity, reflecting the extent to which the company relies on debt financing.

From Q1 2022 to Q2 2023, the financial leverage ratio ranged from 2.40 to 2.58, showing variability in the company's capital structure during this period. The ratio peaked in Q4 2022 at 2.65, indicating a higher level of debt relative to equity at that time.

Overall, the trend appears to show that Mondelez International Inc. has been managing its financial leverage within a relatively stable range, with slight fluctuations. A higher financial leverage ratio suggests a greater reliance on debt financing, which can potentially amplify returns but also increase financial risk. It is essential for the company to monitor this ratio closely to ensure a balanced capital structure and sustainable financial health.