Mondelez International Inc (MDLZ)

Financial leverage 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 assets	US$ in thousands	68,497,000	72,191,000	77,624,000	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
Total stockholders’ equity	US$ in thousands	26,932,000	27,854,000	28,482,000	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
Financial leverage ratio		2.54	2.59	2.73	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

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 reported periods. It stood at 2.37 as of December 31, 2019, and experienced minor changes in subsequent quarters. However, there was a notable increase to 2.73 as of March 31, 2024, which indicates a higher level of financial risk as the company relied more on debt financing compared to equity. This was followed by a decrease to 2.59 as of September 30, 2024, and further declined to 2.54 by December 31, 2024.

Overall, Mondelez's financial leverage ratio trended upwards over the analyzed periods, suggesting an increasing reliance on debt to finance its operations. It is important for investors and stakeholders to monitor this ratio closely to assess the company's financial risk and the potential impact on its solvency and stability.