Mondelez Quick Ratio 2010-2024 | MDLZ
- Mondelez average quick ratio for 2023 was 0.44, a 2.22% decline from 2022.
- Mondelez average quick ratio for 2022 was 0.45, a 6.25% decline from 2021.
- Mondelez average quick ratio for 2021 was 0.48, a 9.09% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.