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Monster Beverage (Monster Beverage) Effective Interest Rate on Debt %

: 0.00% (As of Dec. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Monster Beverage's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0 Mil. Monster Beverage's average total debt for the quarter that ended in Dec. 2023 was $0 Mil. Therefore, Monster Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was N/A%.


Monster Beverage Effective Interest Rate on Debt % Historical Data

The historical data trend for Monster Beverage's Effective Interest Rate on 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.

* Premium members only.

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Monster Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Beverages - Non-Alcoholic subindustry, Monster Beverage's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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.


Monster Beverage Effective Interest Rate on Debt % Distribution

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Monster Beverage's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Monster Beverage's Effective Interest Rate on Debt % falls into.



Monster Beverage Effective Interest Rate on Debt % Calculation

Monster Beverage's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Monster Beverage's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Monster Beverage  (NAS:MNST) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Monster Beverage Effective Interest Rate on Debt % Related Terms

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Monster Beverage (Monster Beverage) Business Description

Address
1 Monster Way, Corona, CA, USA, 92879
Monster Beverage is a leader in the energy drink subsegment of the nonalcoholic beverage market, generating two thirds of revenue in the U.S. and Canada. The well-known Monster trademark includes brands such as Monster Energy, Monster Ultra, Java Monster, and Juice Monster. The firm also owns other energy drink brands, such as Reign, NOS, Burn, and Mother, and brews and distributes beers and flavored malt beverages following the acquisition of a craft brewer in 2022. Monster controls branding and innovation but outsources beverage manufacturing and packaging to copackers and finished goods distribution to bottlers in the global Coca-Cola system (pursuant to a 20-year agreement inked in 2015). Coke is the largest shareholder of Monster with a 19.5% stake.
Executives
Guy Carling officer: President of EMEA 1 MONSTER WAY, CORONA CA 92879
Thomas J Kelly officer: VP-Hansen Beverage Company MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Mark Vidergauz director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
Ana Demel director 1 MONSTER WAY, CORONA CA 92879
Mark J Hall officer: Senior VP, Hansen Bev Co MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879
James L Dinkins director C/O THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Steven G Pizula director 1 MONSTER WAY, CORONA CA 92879
Emelie Tirre officer: President of the Americas 1 MONSTER WAY, CORONA CA 92879
Gary P Fayard director ONE COCA COLA PLAZA, ATLANTA GA 30313
Tiffany M. Hall director 1 MONSTER WAY, CORONA CA 92879
Jeanne P Jackson director 537 NEWPORT CENTER DRIVE, #306, NEWPORT BEACH CA 92660
Hilton H Schlosberg director, officer: Vice Chairman and President C/O MONSTER BEVERAGE CORP, 1 MONSTER WAY, CORONA CA 92879
Rodney C Sacks director, officer: Chairman and CEO C/O HANSEN NATURAL CORP, 550 MONICA CIRCLE, SUITE 201, CORONA CA 92880
Sydney Selati director 1 MONSTER WAY, CORONA CA 92879
Benjamin Polk director C/O MONSTER BEVERAGE CORPORATION, 1 MONSTER WAY, CORONA CA 92879

Monster Beverage (Monster Beverage) Headlines

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