MDLZMondelez International

$63.01

Is it safe?

Can MDLZ take a bad year?

Mondelez International carries $19.4B of net debt at 4.04× EBITDA: a heavy load to carry through a bad year.

$19.4B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.04×

Net debt / EBITDA · 3.34× a year ago · the load is going up

Altman Z-score
2.31

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
6.03×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$21.0B
Cash and short-term investments
$1.63B
Net debt
$19.4B
EBITDA, trailing twelve months
$4.80B
Operating profit, trailing twelve months
$3.68B
Debt / equity
0.82×
Total debt / EBITDA
4.38×
Annualised volatilitytwo years of daily moves
22%
Worst drawdown on file
−30%
Below its 52-week high
−2.6%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.