Stock Analysis on Net

Monster Beverage Corp. (NASDAQ:MNST)

This company has been moved to the archive! The financial data has not been updated since May 7, 2024.

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

Monster Beverage Corp., balance sheet: debt

US$ in thousands

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current finance lease liabilities 6,449 757 960 799 1,485
Noncurrent finance lease liabilities 19 41 41 24
Total finance lease liabilities (carrying amount) 6,468 798 1,001 823 1,485

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Debt item Description The company
Total finance lease liabilities (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Monster Beverage Corp. total debt decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2023
Selected Financial Data (US$ in thousands)
Total finance lease liabilities (fair value) 6,468
Financial Ratio
Debt, fair value to carrying amount ratio 1.00

Based on: 10-K (reporting date: 2023-12-31).


Weighted-average Interest Rate on Debt

Weighted-average discount rate for finance leases: 6.30%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
6.30% 6,468 407
Total 6,468 407
6.30%

Based on: 10-K (reporting date: 2023-12-31).

1 US$ in thousands

2 Weighted-average interest rate = 100 × 407 ÷ 6,468 = 6.30%