Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Analysis of Liquidity Ratios

Microsoft Excel LibreOffice Calc

Liquidity Ratios (Summary)

Mondelēz International Inc., liquidity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Current ratio 0.66 0.50 0.45 0.48 0.59
Quick ratio 0.43 0.28 0.25 0.27 0.36
Cash ratio 0.24 0.08 0.07 0.05 0.12

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Mondelēz International Inc. current ratio improved from 2018 to 2019 and from 2019 to 2020.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Mondelēz International Inc. quick ratio improved from 2018 to 2019 and from 2019 to 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Mondelēz International Inc. cash ratio improved from 2018 to 2019 and from 2019 to 2020.

Current Ratio

Mondelēz International Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Current assets 9,979  7,630  7,604  7,520  8,480 
Current liabilities 15,159  15,322  16,737  15,793  14,417 
Liquidity Ratio
Current ratio1 0.66 0.50 0.45 0.48 0.59
Benchmarks
Current Ratio, Competitors2
Altria Group Inc. 0.79 0.59 0.20 0.64 0.98
Coca-Cola Co. 1.32 0.76 1.05 1.34 1.28
PepsiCo Inc. 0.98 0.86 0.99 1.51 1.28
Philip Morris International Inc. 1.10 1.09 1.13 1.35 1.07
Current Ratio, Sector
Food, Beverage & Tobacco 0.99 0.79 0.79 1.17 1.10
Current Ratio, Industry
Consumer Staples 0.93 0.83 0.82 1.02 1.05

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,979 ÷ 15,159 = 0.66

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Mondelēz International Inc. current ratio improved from 2018 to 2019 and from 2019 to 2020.

Quick Ratio

Mondelēz International Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,619  1,291  1,100  761  1,741 
Trade receivables, net of allowances 2,297  2,212  2,262  2,691  2,611 
Other receivables, net of allowances 657  715  744  835  859 
Total quick assets 6,573  4,218  4,106  4,287  5,211 
 
Current liabilities 15,159  15,322  16,737  15,793  14,417 
Liquidity Ratio
Quick ratio1 0.43 0.28 0.25 0.27 0.36
Benchmarks
Quick Ratio, Competitors2
Altria Group Inc. 0.56 0.28 0.07 0.21 0.64
Coca-Cola Co. 0.96 0.56 0.66 0.90 0.98
PepsiCo Inc. 0.77 0.66 0.82 1.29 1.08
Philip Morris International Inc. 0.56 0.56 0.59 0.76 0.47
Quick Ratio, Sector
Food, Beverage & Tobacco 0.67 0.51 0.50 0.80 0.77
Quick Ratio, Industry
Consumer Staples 0.50 0.41 0.41 0.55 0.54

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 6,573 ÷ 15,159 = 0.43

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Mondelēz International Inc. quick ratio improved from 2018 to 2019 and from 2019 to 2020.

Cash Ratio

Mondelēz International Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,619  1,291  1,100  761  1,741 
Total cash assets 3,619  1,291  1,100  761  1,741 
 
Current liabilities 15,159  15,322  16,737  15,793  14,417 
Liquidity Ratio
Cash ratio1 0.24 0.08 0.07 0.05 0.12
Benchmarks
Cash Ratio, Competitors2
Altria Group Inc. 0.55 0.26 0.06 0.18 0.62
Coca-Cola Co. 0.75 0.41 0.55 0.76 0.84
PepsiCo Inc. 0.41 0.28 0.50 0.95 0.76
Philip Morris International Inc. 0.37 0.36 0.38 0.53 0.26
Cash Ratio, Sector
Food, Beverage & Tobacco 0.44 0.30 0.34 0.59 0.57
Cash Ratio, Industry
Consumer Staples 0.36 0.26 0.27 0.39 0.39

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,619 ÷ 15,159 = 0.24

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Mondelēz International Inc. cash ratio improved from 2018 to 2019 and from 2019 to 2020.