Analysis of Liquidity Ratios
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Mondelēz International Inc., liquidity ratios
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 (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Mondelēz International Inc.’s 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.’s 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.’s cash ratio improved from 2018 to 2019 and from 2019 to 2020. |
Current Ratio
Mondelēz International Inc., current ratio calculation, comparison to benchmarks
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,979 ÷ 15,159 = 0.66
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Mondelēz International Inc.’s current ratio improved from 2018 to 2019 and from 2019 to 2020. |
Quick Ratio
Mondelēz International Inc., quick ratio calculation, comparison to benchmarks
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 6,573 ÷ 15,159 = 0.43
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.’s quick ratio improved from 2018 to 2019 and from 2019 to 2020. |
Cash Ratio
Mondelēz International Inc., cash ratio calculation, comparison to benchmarks
Based on: 10-K (filing date: 2021-02-05), 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24).
1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,619 ÷ 15,159 = 0.24
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.’s cash ratio improved from 2018 to 2019 and from 2019 to 2020. |