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Monster Beverage (Monster Beverage) Goodwill : $1,418 Mil (As of Dec. 2023)


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What is Monster Beverage Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Monster Beverage's goodwill for the quarter that ended in Dec. 2023 was $1,418 Mil.


Monster Beverage Goodwill Historical Data

The historical data trend for Monster Beverage's Goodwill 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 Goodwill Chart

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,331.64 1,331.64 1,331.64 1,417.94 1,417.94

Monster Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill Get a 7-Day Free Trial 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 1,417.94 1,417.94 1,417.94 1,417.94 1,417.94

Monster Beverage Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Monster Beverage  (NAS:MNST) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Monster Beverage's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=1417.94/9686.522
=0.15

Monster Beverage's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=1417.94/9686.522
=0.15

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Monster Beverage Goodwill Related Terms

Thank you for viewing the detailed overview of Monster Beverage's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


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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