Mondelez International (LTS:0R0G) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Mondelez International Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mondelez International's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mondelez International couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Mondelez International's Cash-to-Debt or its related term are showing as below:

LTS:0R0G' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.18
Current: 0.09

During the past 13 years, Mondelez International's highest Cash to Debt Ratio was 0.18. The lowest was 0.04. And the median was 0.09.

LTS:0R0G's Cash-to-Debt is ranked worse than
82.36% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs LTS:0R0G: 0.09

Mondelez International Cash-to-Debt Historical Data

The historical data trend for Mondelez International's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Mondelez International Cash-to-Debt Chart

Mondelez International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.18

0.08

0.09

Mondelez International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.07	0.08	0.09	0.07

Competitive Comparison of Mondelez International's Cash-to-Debt

For the Confectioners subindustry, Mondelez International's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mondelez International's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mondelez International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mondelez International's Cash-to-Debt falls into.

Mondelez International Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Mondelez International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1810	/	(2521	+	17424)
	=	0.09

Mondelez International's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1376	/	(2283	+	17285)
	=	0.07

Mondelez International (LTS:0R0G) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Mondelez International Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Mondelez International's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Mondelez International (LTS:0R0G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mondelez International Inc (LTS:0R0G) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MDLZ:USA MDLZ:Mexico 1MDLZ:Italy KTFd:UK KTF:Germany MDLZ34:Brazil MDLZ:Austria

Address

905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607

Website

https://www.mondelezinternational.com

Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.

Mondelez International (LTS:0R0G) Headlines

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