Monster Common Stock Shares Outstanding vs Non Currrent Assets Other Analysis

MNST Stock  USD 55.46  0.26  0.47%   
Monster Beverage financial indicator trend analysis is infinitely more than just investigating Monster Beverage Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monster Beverage Corp is a good investment. Please check the relationship between Monster Beverage Common Stock Shares Outstanding and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Common Stock Shares Outstanding vs Non Currrent Assets Other

Common Stock Shares Outstanding vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monster Beverage Corp Common Stock Shares Outstanding account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Monster Beverage's Common Stock Shares Outstanding and Non Currrent Assets Other is 0.12. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Monster Beverage Corp, assuming nothing else is changed. The correlation between historical values of Monster Beverage's Common Stock Shares Outstanding and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Monster Beverage Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Shares Outstanding i.e., Monster Beverage's Common Stock Shares Outstanding and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Monster Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monster Beverage Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Monster Beverage's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 386.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.2B3.8B4.0B
Total Revenue5.5B6.3B7.1B7.5B

Monster Beverage fundamental ratios Correlations

0.350.40.370.33-0.280.230.30.270.280.670.180.470.290.060.160.390.120.330.170.20.180.370.440.130.47
0.350.980.981.0-0.870.840.950.880.920.740.340.980.970.850.880.950.730.970.880.910.850.90.90.890.84
0.40.980.990.98-0.850.890.950.860.930.70.220.980.970.840.840.910.780.970.890.910.810.860.850.870.83
0.370.980.990.98-0.810.890.990.830.890.660.220.980.960.890.910.920.760.990.930.950.870.890.840.930.86
0.331.00.980.98-0.880.840.950.890.930.730.350.980.970.860.880.950.740.970.880.910.850.90.890.90.83
-0.28-0.87-0.85-0.81-0.88-0.57-0.76-1.0-0.95-0.61-0.6-0.81-0.91-0.74-0.76-0.74-0.48-0.81-0.72-0.77-0.63-0.63-0.73-0.76-0.52
0.230.840.890.890.84-0.570.850.580.740.51-0.220.850.810.740.690.80.940.850.830.820.750.790.70.750.79
0.30.950.950.990.95-0.760.850.790.830.590.230.950.930.940.950.890.720.980.960.980.910.880.790.970.85
0.270.880.860.830.89-1.00.580.790.950.60.60.820.920.770.790.750.490.830.750.80.650.650.730.790.54
0.280.920.930.890.93-0.950.740.830.950.580.390.870.980.770.760.770.650.880.80.830.680.680.730.80.59
0.670.740.70.660.73-0.610.510.590.60.580.420.80.590.380.480.850.410.640.410.490.510.830.930.440.81
0.180.340.220.220.35-0.6-0.220.230.60.390.420.290.340.270.380.32-0.290.280.160.230.230.240.390.320.12
0.470.980.980.980.98-0.810.850.950.820.870.80.290.930.820.850.960.720.960.860.890.840.930.920.860.91
0.290.970.970.960.97-0.910.810.930.920.980.590.340.930.870.870.840.720.950.910.910.810.770.760.90.7
0.060.850.840.890.86-0.740.740.940.770.770.380.270.820.870.970.760.650.910.960.970.870.740.630.980.68
0.160.880.840.910.88-0.760.690.950.790.760.480.380.850.870.970.810.560.930.940.950.890.80.70.990.75
0.390.950.910.920.95-0.740.80.890.750.770.850.320.960.840.760.810.690.910.770.830.820.990.980.80.94
0.120.730.780.760.74-0.480.940.720.490.650.41-0.290.720.720.650.560.690.740.750.690.640.670.60.630.65
0.330.970.970.990.97-0.810.850.980.830.880.640.280.960.950.910.930.910.740.940.950.890.870.820.950.83
0.170.880.890.930.88-0.720.830.960.750.80.410.160.860.910.960.940.770.750.940.950.910.750.640.970.71
0.20.910.910.950.91-0.770.820.980.80.830.490.230.890.910.970.950.830.690.950.950.860.810.710.970.78
0.180.850.810.870.85-0.630.750.910.650.680.510.230.840.810.870.890.820.640.890.910.860.830.730.920.78
0.370.90.860.890.9-0.630.790.880.650.680.830.240.930.770.740.80.990.670.870.750.810.830.950.790.97
0.440.90.850.840.89-0.730.70.790.730.730.930.390.920.760.630.70.980.60.820.640.710.730.950.680.9
0.130.890.870.930.9-0.760.750.970.790.80.440.320.860.90.980.990.80.630.950.970.970.920.790.680.73
0.470.840.830.860.83-0.520.790.850.540.590.810.120.910.70.680.750.940.650.830.710.780.780.970.90.73
Click cells to compare fundamentals

Monster Beverage Account Relationship Matchups

Monster Beverage fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.1B
Total Assets5.2B6.2B7.8B8.3B9.7B10.2B
Other Current Liab339.2M405.4M507.5M498.1M537.9M564.8M
Total Current Liabilities661.1M750.0M965.1M1.0B1.2B1.2B
Total Stockholder Equity4.2B5.2B6.6B7.0B8.2B8.6B
Net Debt(769.5M)(1.2B)(1.3B)(1.3B)(2.2B)(2.1B)
Retained Earnings5.0B6.4B7.8B9.0B5.9B6.2B
Accounts Payable274.0M296.8M404.3M444.3M564.4M592.6M
Cash798.0M1.2B1.3B1.3B2.3B2.4B
Cash And Short Term Investments1.3B2.1B3.1B2.7B3.3B3.4B
Liabilities And Stockholders Equity5.2B6.2B7.8B8.3B9.7B10.2B
Non Current Liabilities Total318.0M291.9M272.8M266.1M296.1M310.9M
Other Stockholder Equity(822.0M)(1.3B)(1.2B)(1.8B)2.4B2.5B
Total Liab979.1M1.0B1.2B1.3B1.5B1.5B
Total Current Assets2.3B3.1B4.7B4.8B5.6B5.9B
Short Long Term Debt Total28.5M18.1M28.2M45.9M66.0M69.3M
Property Plant And Equipment Net298.6M314.7M313.8M516.9M949.6M997.1M
Non Current Assets Total2.8B3.1B3.1B3.5B4.1B4.3B
Non Currrent Assets Other54.0M70.5M80.3M134.5M51.1M53.6M
Net Receivables540.3M666.0M896.7M1.0B1.2B1.3B
Inventory360.7M333.1M593.4M935.6M971.4M1.0B
Other Current Assets84.2M80.1M115.9M109.8M170.3M178.9M
Short Term Debt3.7M2.4M10.8M16.3M17.5M18.4M
Intangible Assets1.1B1.1B1.1B1.2B1.4B1.5B
Property Plant And Equipment Gross298.6M314.7M538.5M750.1M1.2B1.2B
Accumulated Other Comprehensive Income(32.4M)3.0M(69.2M)(159.1M)(125.3M)(119.1M)
Common Stock Total Equity3.2M3.2M3.2M3.2M3.7M3.9M
Common Stock3.2M3.2M3.2M3.2M5.6M5.9M
Other Assets105.5M356.4M305.5M273.5M314.5M330.3M
Treasury Stock(4.5B)(5.2B)(5.8B)(5.8B)(5.2B)(5.0B)
Property Plant Equipment298.6M314.7M313.8M516.9M594.4M624.2M
Current Deferred Revenue44.2M45.4M42.5M43.3M41.9M39.6M
Short Term Investments533.1M881.4M1.7B1.4B955.6M555.9M
Other Liab292.3M291.9M272.8M236.5M271.9M214.2M
Net Tangible Assets2.1B3.0B4.2B4.6B5.3B5.6B
Retained Earnings Total Equity5.0B6.4B7.8B9.0B10.4B10.9B
Capital Surpluse4.4B4.5B4.7B4.8B5.5B3.1B
Long Term Investments12.9M44.3M99.4M61.4M76.4M80.3M

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When determining whether Monster Beverage Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Monster Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Monster Beverage Corp Stock. Highlighted below are key reports to facilitate an investment decision about Monster Beverage Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Monster Beverage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monster Beverage. If investors know Monster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monster Beverage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.105
Earnings Share
1.58
Revenue Per Share
7.031
Quarterly Revenue Growth
0.118
Return On Assets
0.1366
The market value of Monster Beverage Corp is measured differently than its book value, which is the value of Monster that is recorded on the company's balance sheet. Investors also form their own opinion of Monster Beverage's value that differs from its market value or its book value, called intrinsic value, which is Monster Beverage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monster Beverage's market value can be influenced by many factors that don't directly affect Monster Beverage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monster Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monster Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monster Beverage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.