GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Monster Beverage Corp (LTS:0K34) » Definitions » Total Current Liabilities

Monster Beverage (LTS:0K34) Total Current Liabilities : $1,162 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Monster Beverage Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Monster Beverage's total current liabilities for the quarter that ended in Dec. 2023 was $1,162

Monster Beverage Total Current Liabilities Historical Data

The historical data trend for Monster Beverage's Total Current Liabilities 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 Total Current Liabilities Chart

Monster Beverage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 661.10 749.99 965.08 1,001.98 1,161.69

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 Current Liabilities 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 1,001.98 1,187.51 1,162.58 1,178.80 1,161.69

Monster Beverage Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Monster Beverage's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1032.383+0
+Other Current Liabilities+Current Deferred Liabilities
=87.392+41.914
=1,162

Monster Beverage's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1032.383+0
+Other Current Liabilities+Current Deferred Liabilities
=87.392+41.914
=1,162

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Monster Beverage Total Current Liabilities Related Terms

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

Monster Beverage (LTS:0K34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Monster Beverage Corp (LTS:0K34) » Definitions » Total Current Liabilities
Comparable Companies
KDP COCSF CELH COKE FIZZ COCO SHOT ZVIA JSDA BRFH KO PEP HKSE:09633 LSE:CCEP NSE:VBL AC LSE:CCH TSE:2267 IST:CCOLA SHSE:603156
Traded in Other Exchanges
MNST:USA MNST:Mexico MOB:Germany M1NS34:Brazil MNST:Austria
Address
1 Monster Way, Corona, CA, USA, 92879
Website
https://www.monsterbevcorp.com
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.

Monster Beverage (LTS:0K34) Headlines

No Headlines