Monster Beverage's Total Assets for the quarter that ended in Dec. 2023 was $9,687 Mil.
During the past 12 months, Monster Beverage's average Total Assets Growth Rate was 14.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 15.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.30% per year.
During the past 13 years, Monster Beverage's highest 3-Year average Total Assets Growth Rate was 97.30%. The lowest was -0.20%. And the median was 15.80%.
Total Assets is connected with ROA %. Monster Beverage's annualizedROA % for the quarter that ended in Dec. 2023 was 15.45%. Total Assets is also linked to Revenue through Asset Turnover. Monster Beverage's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.
Monster Beverage Total Assets Historical Data
The historical data trend for Monster Beverage's Total Assets 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.
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Monster Beverage Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
5,150.35
6,202.72
7,804.78
8,293.11
9,686.52
Monster Beverage Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
8,293.11
8,844.36
9,263.34
9,314.34
9,686.52
Monster Beverage Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Monster Beverage's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Monster Beverage (NAS:MNST) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Monster Beverage's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Monster Beverage Total Assets Related Terms
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Monster Beverage (Monster Beverage) Business Description
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.
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