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Monster Beverage Return-on-Tangible-Equity

: 68.29% (As of Sep. 2020)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Monster Beverage's annualized net income attributable to common stockholders for the quarter that ended in Sep. 2020 was $1,391 Mil. Monster Beverage's average shareholder tangible equity for the quarter that ended in Sep. 2020 was $2,036 Mil. Therefore, Monster Beverage's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 was 68.29%.

NAS:MNST' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23.95   Med: 42.55   Max: 73.34
Current: 65.72

23.95
73.34

During the past 13 years, Monster Beverage's highest Return-on-Tangible-Equity was 73.34%. The lowest was 23.95%. And the median was 42.55%.

NAS:MNST's Return-on-Tangible-Equity is ranked higher than
82% of the 89 Companies
in the Beverages - Non-Alcoholic industry.

( Industry Median: 12.88 vs. NAS:MNST: 65.72 )

Monster Beverage Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Monster Beverage Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.95 35.05 65.79 71.88 73.34

Monster Beverage Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Return-on-Tangible-Equity 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 70.15 58.00 68.14 75.02 68.29

Competitive Comparison
* 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.


Monster Beverage Return-on-Tangible-Equity Distribution

* The bar in red indicates where Monster Beverage's Return-on-Tangible-Equity falls into.



Monster Beverage Return-on-Tangible-Equity Calculation

Monster Beverage's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=1107.835/( (1233.38+1787.533 )/ 2 )
=1107.835/1510.4565
=73.34 %

Monster Beverage's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=1390.616/( (1834.353+2238.141)/ 2 )
=1390.616/2036.247
=68.29 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Sep. 2020) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Monster Beverage  (NAS:MNST) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Monster Beverage Return-on-Tangible-Equity Related Terms


Monster Beverage Return-on-Tangible-Equity Headlines

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