Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

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Common-Size Balance Sheet: Assets
Quarterly Data

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Mondelēz International Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 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
Cash and cash equivalents
Trade receivables, net of allowance
Other receivables, net of allowance
Inventories, net
Other current assets
Current assets
Property, plant and equipment, net
Operating lease right-of-use assets
Goodwill
Intangible assets, net
Prepaid pension assets
Deferred income taxes
Equity method investments
Other assets
Noncurrent assets
Total assets

Based on: 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Cash and Cash Equivalents
Cash and cash equivalents as a percentage of total assets showed moderate fluctuations over the observed periods, generally ranging between approximately 1.7% and 5.3%. There was a notable peak in the last quarter of 2020 at 5.34%, followed by a steady decline reaching a low near 1.77% in the first half of 2024 before a slight recovery toward the end of the data.
Trade Receivables, Net
Trade receivables demonstrated a steady increasing trend, starting around 3.08% in mid-2020 and rising overall to exceed 6.0% by late 2024. Despite some variability quarter to quarter, the underlying trend indicates growth in this asset component.
Other Receivables, Net
Other receivables remained relatively stable throughout the time frame, fluctuating in a narrow band between roughly 0.85% to 1.55%. There was a slight upward trend visible particularly in 2023 and 2024 periods.
Inventories, Net
Inventories as a percentage of total assets showed a consistent increase over time, starting near 3.84% in early 2020 and progressively rising to nearly 7.0% by the end of 2024. This reflects growing inventory levels relative to total assets.
Other Current Assets
Other current assets exhibited considerable volatility with initial values around 1.1% to 1.6% through 2022, followed by pronounced peaks in early and mid-2024 reaching above 12%, before decreasing again toward the end of 2024. This indicates episodic increases in other current asset holdings.
Current Assets
The proportion of current assets to total assets showed an upward trend, particularly significant starting in early 2023 where it rose from about 14-16% to a peak of over 25% in early 2024, before declining somewhat but remaining elevated relative to prior periods.
Property, Plant, and Equipment, Net
Net property, plant, and equipment (PP&E) values as a percentage of total assets were relatively stable, hovering mostly in the 12-14% range throughout the period, with slight increases observed toward the end of 2024.
Operating Lease Right-of-Use Assets
This asset category remained quite stable around 0.9%-1.1% of total assets, with minor fluctuations but no clear upward or downward trend over the full period.
Goodwill
Goodwill consistently represented a significant portion of total assets, generally around 31-34%. There was a slight decrease around 2023-2024, dipping near 30.3%, but it rebounded to above 34% by the end of 2024, suggesting stable strategic acquisitions or intangible asset valuation.
Intangible Assets, Net
Intangible assets remained fairly consistent, mostly between 25% and 28%, with a minor declining trend in the middle years followed by stabilization and slight increases toward the end of the data series.
Prepaid Pension Assets
Prepaid pension assets grew modestly from under 1% early in the series to levels around 1.4% to 1.6% in the later periods, indicating a gradual increase in pension-related assets.
Deferred Income Taxes
Deferred income taxes as a percentage of assets decreased over the period, from around 1.2% in 2020 to a range around 0.3%-0.6% by 2024, suggesting lower deferred tax asset balances relative to the total asset base.
Equity Method Investments
Equity method investments showed a distinct downward trend, starting near 10.8% of total assets early in 2020 and declining sharply to below 1% by mid-2024. This may reflect divestitures, changes in accounting treatments, or impairments in investments accounted for under the equity method.
Other Assets
Other assets increased gradually from under 0.5% early on to values above 3% in late 2022 and early 2023, before slightly declining to around 1.3% by mid-2025.
Noncurrent Assets
Noncurrent assets consistently made up the majority of total assets; however, their proportion decreased from about 87% in early years to approximately 75% in early 2024, then recovering somewhat to above 82% by the end of the period.