MNST - Intrinsic Value and Financial Analysis - Monster Beverage Corporation

Monster Beverage Corporation MNST

Consumer Defensive - Beverages - Non-Alcoholic - NASDAQ - US

Watchlist

$ 52.0

-7.08 %

$ 50.6 B

Market Cap

33.33

P/E

BALANCE SHEET

9.69 B ASSETS

Growth Rates

1Year 16.80%

3Years 16.02%

5Years 16.43%

7Years 12.86%

10Years 21.16%

1.46 B LIABILITIES

Growth Rates

1Year 14.96%

3Years 11.85%

5Years 9.74%

7Years 8.50%

10Years 13.03%

8.23 B EQUITY

Growth Rates

1Year 17.13%

3Years 16.83%

5Years 17.91%

7Years 13.80%

10Years 23.56%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Monster Beverage Corporation

9.69 B ASSETS
1.46 B LIABILITIES

Current Assets	5.59 B
Cash & Short-Term Investments	3.25 B
Receivables	1.19 B
Other Current Assets	1.14 B
Non-Current Assets	4.1 B
Long-Term Investments	76.4 M
PP&E	950 M
Other Non-Current Assets	3.07 B

Current Liabilities	1.16 B
Accounts Payable	564 M
Short-Term Debt	17.5 M
Other Current Liabilities	580 M
Non-Current Liabilities	296 M
Long-Term Debt	48.5 M
Other Non-Current Liabilities	248 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990
ASSETS
Cash & Cash Equivalents	2 297.7	1 307.1	1 326.5	1 180.4	798.0	637.5	528.6	377.6	2 175.4	370.3	211.3	222.5	359.3	354.8	328.3	256.8	12.4	35.1	61.7	21.0	1.1	0.5	0.2	0.1	2.0	3.8	0.4	0.2	100 K	1.1	2.3	0.9	7.0	7.1
Short Term Investments	955.6	1 362.3	1 749.7	881.4	533.1	320.6	672.9	220.6	744.6	781.1	402.2	97.0	411.3	244.6	18.5	29.1	63.1	101.7	11.9	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	1 194.0	1 016.2	896.7	666.0	540.3	484.6	449.5	573.1	478.0	280.8	296.2	236.7	218.7	101.6	108.9	136.0	81.5	54.6	28.8	12.7	5.4	5.9	4.4	6.6	3.8	1.8	1.5	0.9	1.7	1.0	1.4	1.2	0	0
Inventory	971.4	935.6	593.4	333.1	360.7	277.7	255.7	162.0	156.1	174.6	221.4	203.1	155.6	153.2	108.1	116.3	98.1	77.0	31.4	22.4	17.6	11.6	12.0	10.9	9.9	5.2	3.9	3.1	3.1	2.7	1.2	1.1	0	0
Other Current Assets	170.3	143.6	115.9	80.1	84.2	83.7	179.6	99.1	45.4	86.6	51.8	75.7	37.7	43.8	21.6	23.1	14.9	7.5	6.6	4.3	2.6	2.8	1.9	1.7	1.3	0.3	0.3	0.4	0.5	0.5	0.2	100 K	0	0
Total Current Assets	5 589.0	4 764.9	4 682.1	3 141.0	2 316.3	1 804.2	2 086.4	1 432.3	3 582.6	1 693.4	1 183.0	835.1	1 182.7	898.2	585.5	561.3	270.1	275.2	140.3	60.4	26.7	20.9	18.5	19.3	17.0	11.1	6.1	4.6	5.4	5.3	5.1	3.1	7.0	7.1
PP&E	949.6	516.9	313.8	314.7	298.6	243.1	230.3	173.3	97.4	90.2	88.1	69.1	45.2	34.6	33.3	14.4	8.6	5.6	3.7	3.0	2.8	1.9	1.9	1.9	0.5	0.6	0.4	0.6	0.8	0.7	0.2	100 K	0	0
Intangible Assets	1 427.1	1 220.4	1 072.4	1 059.0	1 052.1	1 045.9	1 034.1	1 032.6	428.0	50.7	65.8	54.6	48.4	43.3	33.5	28.4	24.1	21.2	19.1	18.4	18.3	17.4	17.4	16.9	10.8	10.0	10.2	10.5	10.8	11.2	11.7	12.5	0	0
Goodwill	1 417.9	1 417.9	1 331.6	1 331.6	1 331.6	1 331.6	1 331.6	1 331.6	1 279.7	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	76.4	61.4	99.4	44.3	12.9	1.9	2.4	2.4	15.3	42.9	9.8	21.4	23.2	44.2	80.8	89.6	227.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	51.4	134.5	80.3	70.5	54.0	14.6	13.9	21.6	10.9	7.5	10.1	3.6	4.4	3.4	1.2	2.4	0.7	1.4	0.8	0.3	0.2	0.3	0.7	0.7	0.4	0.2	0.2	0.4	0.5	0.5	0.2	0.3	0	0
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	9 686.5	8 293.1	7 804.8	6 202.7	5 150.4	4 526.9	4 791.0	4 153.5	5 675.2	1 938.9	1 420.5	1 043.3	1 362.4	1 082.1	800.1	761.8	544.6	308.4	163.9	82.0	48.0	40.5	38.6	38.7	28.7	21.9	16.9	16.1	17.5	17.7	17.2	16.0	7.0	7.1
LIABILITIES
Accounts Payable	564.4	444.3	404.3	296.8	274.0	248.8	245.9	193.3	144.8	127.6	119.4	127.3	113.4	85.7	48.9	64.8	56.8	34.4	26.6	14.5	6.5	4.7	3.9	3.7	5.9	1.9	2.2	2.1	3.4	3.4	1.0	1.1	100 K	100 K
Short Term Debt	17.5	0	0	0	0	0	0	0	0	0	0	0	0	0.3	0.2	1.0	0.7	0.3	0.5	0.4	0.2	0.2	0.3	0.2	0.9	2.1	0.5	4.9	1.5	100 K	100 K	0.8	0	0
Other Current Liabilities	522.9	501.1	487.9	384.3	328.1	298.2	259.3	228.0	126.6	172.3	173.4	143.1	130.1	31.8	26.5	116.6	19.2	24.2	5.8	3.8	2.7	1.0	1.3	1.8	1.2	2.1	0.9	0.3	100 K	0.4	1.0	0.9	0	100 K
Total Current Liabilities	1 161.7	1 002.0	965.1	750.0	661.1	601.1	560.4	470.6	514.2	355.7	316.0	288.5	266.1	128.8	83.7	187.3	82.9	62.8	33.0	18.7	9.5	6.0	5.6	5.7	8.0	6.1	3.6	7.3	5.0	3.9	2.1	2.8	100 K	0.2
Long Term Debt	48.5	29.6	17.4	15.7	24.8	0	0	0	0	0	0	0	0	0	0	0	0	4 K	10 K	0.1	0.4	3.6	5.9	9.7	0.9	1.3	3.4	0	4.0	4.0	3.9	4.2	0	0
Deferred Tax Income	0	72.9	58.3	62.3	131.5	126.3	122.5	170.6	174.4	0	0	0	0	0	0	0	0	(20.4)	5.4	4.6	3.1	2.5	1.8	1.3	1.2	0.6	0	0	0	0	0	0	0	0
Other Liabilities	43.4	12.7	12.1	11.7	5.7	2.6	1.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100 K	0	100 K	0	0.7	0.6	0	0
Total Liabilities	1 457.8	1 268.1	1 237.8	1 041.9	979.1	916.0	895.8	823.8	865.8	423.7	428.2	398.9	383.2	253.7	215.1	325.5	122.4	83.3	38.4	23.5	12.9	12.1	13.2	16.7	10.1	8.0	6.9	7.3	9.1	7.9	6.7	7.6	100 K	0.2
EQUITY
Common Stock	5.6	3.2	3.2	3.2	3.2	3.2	3.1	3.1	1.0	1.0	1.0	1.0	1.0	0.5	0.5	0.5	0.5	0.5	0.1	55.6 K	53.1 K	51.3 K	51.3 K	50.7 K	100 K	0	0	0	0	0	0	0	0	0
Retained Earnings	5 939.7	9 001.2	7 809.5	6 432.1	5 022.5	3 914.6	2 928.2	2 107.5	1 394.9	2 330.5	1 847.3	1 508.7	1 168.6	882.4	670.4	461.7	353.6	204.2	106.3	43.5	23.1	17.2	14.2	11.2	7.2	2.8	(0.9)	(2.1)	(2.5)	(1.1)	0.3	(0.2)	(0.2)	(0.2)
Other Accumulative Comprehensive Income/Loss	(125.3)	(159.1)	(69.2)	3.0	(32.4)	(32.9)	(16.7)	(23.2)	(21.9)	(11.5)	(1.2)	2.1	(1.5)	0.3	(4.7)	(10.8)	47 K	(3.0)	(2.1)	(2.3)	(2.4)	(1.9)	(1.5)	(1.1)	(0.9)	(0.8)	(0.6)	(0.5)	0	0	0	0	0	0
Total Equity	8 228.7	7 025.0	6 567.0	5 160.9	4 171.3	3 610.9	3 895.2	3 329.7	4 809.4	1 515.2	992.3	644.4	979.2	828.4	585.0	436.3	422.2	225.1	125.5	58.6	35.0	28.4	25.3	22.1	18.6	13.9	10.0	8.8	8.4	9.8	10.5	8.4	6.9	6.9
Total Liabilities and Equity	9 686.5	8 293.1	7 804.8	6 202.7	5 150.4	4 526.9	4 791.0	4 153.5	5 675.2	1 938.9	1 420.5	1 043.3	1 362.4	1 082.1	800.1	761.8	544.6	308.4	163.9	82.0	48.0	40.5	38.6	38.7	28.7	21.9	16.9	16.1	17.5	17.7	17.2	16.0	7.0	7.1
SHARES OUTSTANDING
Common Shares Outstanding	1 044.9	1 053.6	1 057.5	1 059.3	1 084.4	1 114.3	1 133.6	1 175.7	1 132.9	1 003.5	1 000.1	1 042.3	1 057.3	1 062.2	1 079.6	1 110.2	1 094.1	1 079.2	1 058.7	1 024.0	986.8	965.0	966.2	963.7	956.6	901.1	891.4	884.9	832.0	896.0	822.9	640.0	346.2	147.7

Balance Sheet

Premium Plan

Unlimited Plan