Current Ratio
since 2005
Calculation
Monster Beverage Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 4.81 | = | 5,588,996) | ÷ | 1,161,689) |
| Dec 31, 2022 | 4.76 | = | 4,764,897) | ÷ | 1,001,978) |
| Dec 31, 2021 | 4.85 | = | 4,682,110) | ÷ | 965,076) |
| Dec 31, 2020 | 4.19 | = | 3,140,955) | ÷ | 749,988) |
| Dec 31, 2019 | 3.50 | = | 2,316,309) | ÷ | 661,097) |
| Dec 31, 2018 | 3.00 | = | 1,804,170) | ÷ | 601,145) |
| Dec 31, 2017 | 3.72 | = | 2,086,377) | ÷ | 560,351) |
| Dec 31, 2016 | 3.04 | = | 1,432,270) | ÷ | 470,589) |
| Dec 31, 2015 | 6.97 | = | 3,582,602) | ÷ | 514,189) |
| Dec 31, 2014 | 4.76 | = | 1,693,429) | ÷ | 355,716) |
| Dec 31, 2013 | 3.74 | = | 1,183,043) | ÷ | 316,014) |
| Dec 31, 2012 | 2.89 | = | 835,068) | ÷ | 288,545) |
| Dec 31, 2011 | 4.44 | = | 1,182,677) | ÷ | 266,090) |
| Dec 31, 2010 | 6.97 | = | 898,153) | ÷ | 128,834) |
| Dec 31, 2009 | 6.99 | = | 585,504) | ÷ | 83,729) |
| Dec 31, 2008 | 3.00 | = | 561,324) | ÷ | 187,334) |
| Dec 31, 2007 | 3.26 | = | 270,149) | ÷ | 82,881) |
| Dec 31, 2006 | 4.38 | = | 275,157) | ÷ | 62,843) |
| Dec 31, 2005 | 4.26 | = | 140,287) | ÷ | 32,957) |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Monster Beverage Corp., current ratio, long-term trends, comparison to competitors
| Monster Beverage Corp. | Altria Group Inc. | Coca-Cola Co. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 4.81 | 0.49 | 1.13 | 0.85 | 0.75 |
| Dec 31, 2022 | 4.76 | 0.84 | 1.15 | 0.80 | 0.72 |
| Dec 31, 2021 | 4.85 | 0.71 | 1.13 | 0.83 | 0.92 |
| Dec 31, 2020 | 4.19 | 0.79 | 1.32 | 0.98 | 1.10 |
| Dec 31, 2019 | 3.50 | 0.59 | 0.76 | 0.86 | 1.09 |
| Dec 31, 2018 | 3.00 | 0.20 | 1.05 | 0.99 | 1.13 |
| Dec 31, 2017 | 3.72 | 0.64 | 1.34 | 1.51 | 1.35 |
| Dec 31, 2016 | 3.04 | 0.98 | 1.28 | 1.28 | 1.07 |
| Dec 31, 2015 | 6.97 | 0.86 | 1.24 | 1.31 | 1.03 |
| Dec 31, 2014 | 4.76 | 0.90 | 1.02 | 1.14 | 1.02 |
| Dec 31, 2013 | 3.74 | 0.93 | 1.13 | 1.24 | 0.99 |
| Dec 31, 2012 | 2.89 | 0.76 | 1.09 | 1.10 | 0.97 |
| Dec 31, 2011 | 4.44 | 0.89 | 1.05 | 0.96 | 1.00 |
| Dec 31, 2010 | 6.97 | 0.86 | 1.17 | 1.11 | 1.07 |
| Dec 31, 2009 | 6.99 | 0.72 | 1.28 | 1.44 | 1.31 |
| Dec 31, 2008 | 3.00 | 1.55 | 0.94 | 1.23 | 1.47 |
| Dec 31, 2007 | 3.26 | 1.22 | 0.92 | 1.31 | — |
| Dec 31, 2006 | 4.38 | 1.03 | 0.95 | 1.33 | — |
| Dec 31, 2005 | 4.26 | 0.99 | 1.04 | 1.11 | — |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Monster Beverage Corp., current ratio, long-term trends, comparison to sector (food, beverage & tobacco)
| Monster Beverage Corp. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2023 | 4.81 | 0.85 |
| Dec 31, 2022 | 4.76 | 0.86 |
| Dec 31, 2021 | 4.85 | 0.92 |
| Dec 31, 2020 | 4.19 | 1.06 |
| Dec 31, 2019 | 3.50 | 0.85 |
| Dec 31, 2018 | 3.00 | 0.85 |
| Dec 31, 2017 | 3.72 | 1.33 |
| Dec 31, 2016 | 3.04 | 1.20 |
| Dec 31, 2015 | 6.97 | 1.17 |
| Dec 31, 2014 | 4.76 | 1.04 |
| Dec 31, 2013 | 3.74 | 1.10 |
| Dec 31, 2012 | 2.89 | 1.03 |
| Dec 31, 2011 | 4.44 | 1.00 |
| Dec 31, 2010 | 6.97 | 1.09 |
| Dec 31, 2009 | 6.99 | 1.21 |
| Dec 31, 2008 | 3.00 | 1.25 |
| Dec 31, 2007 | 3.26 | 1.14 |
| Dec 31, 2006 | 4.38 | 1.06 |
| Dec 31, 2005 | 4.26 | 1.02 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Staples)
Monster Beverage Corp., current ratio, long-term trends, comparison to industry (consumer staples)
| Monster Beverage Corp. | Consumer Staples | |
|---|---|---|
| Dec 31, 2023 | 4.81 | 0.85 |
| Dec 31, 2022 | 4.76 | 0.89 |
| Dec 31, 2021 | 4.85 | 0.93 |
| Dec 31, 2020 | 4.19 | 0.93 |
| Dec 31, 2019 | 3.50 | 0.84 |
| Dec 31, 2018 | 3.00 | 0.84 |
| Dec 31, 2017 | 3.72 | 1.05 |
| Dec 31, 2016 | 3.04 | 1.08 |
| Dec 31, 2015 | 6.97 | 1.07 |
| Dec 31, 2014 | 4.76 | 0.98 |
| Dec 31, 2013 | 3.74 | 0.98 |
| Dec 31, 2012 | 2.89 | 0.98 |
| Dec 31, 2011 | 4.44 | 0.99 |
| Dec 31, 2010 | 6.97 | 1.01 |
| Dec 31, 2009 | 6.99 | 1.01 |
| Dec 31, 2008 | 3.00 | 1.00 |
| Dec 31, 2007 | 3.26 | 0.98 |
| Dec 31, 2006 | 4.38 | 1.06 |
| Dec 31, 2005 | 4.26 | 0.99 |
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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).