What Does Mondelez International's Debt Look Like?
Portfolio Pulse from Benzinga Insights
Mondelez International Inc. (NASDAQ: MDLZ) has a total debt of $22.20 billion, with long-term debt at $18.56 billion and current debt at $3.65 billion. Adjusted for $1.92 billion in cash-equivalents, the company's net debt is at $20.29 billion. The debt-ratio is 0.31, based on $72.79 billion in total assets.
May 18, 2023 | 4:02 pm
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Mondelez International has a total debt of $22.20 billion and a debt-ratio of 0.31, indicating moderate financial leverage.
Mondelez International's debt-ratio of 0.31 indicates that the company has a moderate level of financial leverage. This means that the company is not overly reliant on debt to finance its operations, but it still has a significant amount of debt on its balance sheet. The impact on the stock price is likely to be neutral in the short term, as investors may view the company's debt levels as manageable and within industry norms.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100