Monster Property Plant Equipment vs Total Current Assets Analysis

MNST Stock  USD 53.27  1.27  2.44%   
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 Property Plant Equipment and its Total Current Assets 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 closely tied with the direction of predictive economic indicators such as signals in state.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monster Beverage Corp Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Monster Beverage's Property Plant Equipment and Total Current Assets is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets 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 Property Plant Equipment and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Monster Beverage Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Monster Beverage's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 closely tied 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. Enterprise Value Over EBITDA is likely to gain to 30.10 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.2B3.8B4.0B
Total Revenue5.5B6.3B7.1B7.5B

Monster Beverage fundamental ratios Correlations

0.350.420.370.33-0.280.230.30.270.280.670.180.470.290.060.160.390.120.330.170.190.180.370.440.130.47
0.350.980.981.0-0.870.840.950.880.920.740.340.980.970.850.880.950.740.970.880.920.850.90.90.890.84
0.420.980.990.98-0.850.890.950.850.920.710.220.980.970.830.840.910.780.960.890.920.820.860.850.870.83
0.370.980.990.98-0.810.890.990.830.890.660.220.980.960.890.910.920.760.990.930.960.870.890.840.930.86
0.331.00.980.98-0.880.840.950.890.930.730.350.980.970.860.880.950.740.970.880.920.850.90.890.90.83
-0.28-0.87-0.85-0.81-0.88-0.57-0.76-1.0-0.95-0.61-0.6-0.81-0.91-0.74-0.76-0.74-0.48-0.81-0.72-0.75-0.63-0.63-0.73-0.76-0.52
0.230.840.890.890.84-0.570.850.580.740.51-0.220.850.810.740.690.80.940.850.830.860.750.790.70.750.79
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
0.270.880.850.830.89-1.00.580.790.950.60.60.820.920.770.790.750.490.830.750.780.650.650.730.790.54
0.280.920.920.890.93-0.950.740.830.950.580.390.870.980.770.760.770.650.880.80.830.680.680.730.80.59
0.670.740.710.660.73-0.610.510.590.60.580.420.80.590.380.480.850.410.640.410.480.510.830.930.440.81
0.180.340.220.220.35-0.6-0.220.230.60.390.420.290.340.270.380.32-0.290.280.160.170.230.240.390.320.12
0.470.980.980.980.98-0.810.850.950.820.870.80.290.930.820.850.960.720.960.860.90.840.930.920.860.91
0.290.970.970.960.97-0.910.810.930.920.980.590.340.930.870.870.840.720.950.910.920.810.770.760.90.7
0.060.850.830.890.86-0.740.740.940.770.770.380.270.820.870.970.760.660.910.960.970.870.740.630.980.68
0.160.880.840.910.88-0.760.690.950.790.760.480.380.850.870.970.810.560.930.940.940.890.80.70.990.75
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
0.120.740.780.760.74-0.480.940.720.490.650.41-0.290.720.720.660.560.690.750.750.770.640.670.60.640.65
0.330.970.960.990.97-0.810.850.980.830.880.640.280.960.950.910.930.910.750.940.960.890.870.820.950.83
0.170.880.890.930.88-0.720.830.960.750.80.410.160.860.910.960.940.770.750.940.980.910.750.640.970.71
0.190.920.920.960.92-0.750.860.980.780.830.480.170.90.920.970.940.830.770.960.980.880.810.710.970.77
0.180.850.820.870.85-0.630.750.910.650.680.510.230.840.810.870.890.820.640.890.910.880.830.730.920.78
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
0.130.890.870.930.9-0.760.750.970.790.80.440.320.860.90.980.990.80.640.950.970.970.920.790.680.73
0.470.840.830.860.83-0.520.790.850.540.590.810.120.910.70.680.750.940.650.830.710.770.780.970.90.73
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 Liab339.2M384.3M487.9M501.1M522.9M549.0M
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 Other54.0M70.5M80.3M134.5M51.4M53.9M
Net Receivables540.3M666.0M896.7M1.0B1.2B1.3B
Inventory360.7M333.1M593.4M935.6M971.4M1.0B
Other Current Assets84.2M80.1M115.9M143.6M170.3M178.9M
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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