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Monster Beverage Corp  (NAS:MNST) Total Assets: $4,684 Mil (As of Jun. 2017)

Monster Beverage Corp's total assets for the quarter that ended in Jun. 2017 was $4,684 Mil.

Warning Sign:

If a company builds asset at 44.3% a year, faster than its revenue growth rate of 10% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, Monster Beverage Corp's average Total Assets Growth Rate was 0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 63.90% per year. During the past 5 years, the average Total Assets Growth Rate was 44.30% per year. During the past 10 years, the average Total Assets Growth Rate was 25.70% per year.

During the past 13 years, Monster Beverage Corp's highest 3-Year average Total Assets Growth Rate was 97.30%. The lowest was 0.00%. And the median was 16.85%.

Total Assets is connected with ROA %. Monster Beverage Corp's annualized ROA % for the quarter that ended in Jun. 2017 was 19.72%. Total Assets is also linked to Revenue through Asset Turnover. Monster Beverage Corp's Asset Turnover for the quarter that ended in Jun. 2017 was 0.20.


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 Corp Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,043.33 1,420.51 1,938.88 5,571.28 4,153.47

Monster Beverage Corp Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Total Assets 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 4,038.06 4,236.43 4,153.47 4,349.75 4,684.13

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.


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 Corp's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=3329.709+823.762
=4,153

Monster Beverage Corp's Total Assets for the quarter that ended in Jun. 2017 is calculated as

Total Assets=Total Equity (Q: Jun. 2017 )+Total Liabilities (Q: Jun. 2017 )
=3776.017+908.114
=4,684

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


Explanation

Total Assets is connected with Return on Assets.

{COMPANY->company}'s annualized ROA % for the quarter that ended in Jun. 2017 is

ROA %=Net Income (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ 2 )
=890.532/( (4349.747+4684.131)/ 2 )
=890.532/4516.939
=19.72 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income 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 Corp's Asset Turnover for the quarter that ended in Jun. 2017 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ 2 )
=907.068/( (4349.747+4684.131)/ 2 )
=907.068/4516.939
=0.20

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

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.

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