Monster Beverage Corporation (MNST) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.91B | 5.36B | 5.07B | 4.43B | 4.14B | 3.64B | 3.9B | 3.95B | 6.04B | 5.59B | 5.31B | 5.65B | 5.29B | 4.76B | 4.7B | 4.7B | 4.74B | 4.68B | 4.38B | 3.95B |
| Cash & Short-Term Investments | 2.98B | 2.77B | 2.58B | 2.07B | 1.9B | 1.53B | 1.63B | 1.56B | 3.56B | 3.25B | 3.01B | 3.29B | 3.06B | 2.67B | 2.65B | 2.47B | 2.73B | 3.08B | 2.94B | 2.55B |
| Cash Only | 2.04B | 2.09B | 2.29B | 1.93B | 1.9B | 1.53B | 1.63B | 1.56B | 2.58B | 2.3B | 1.77B | 1.87B | 1.67B | 1.31B | 1.3B | 1.13B | 1.01B | 1.33B | 1.71B | 1.58B |
| Short-Term Investments | 945.29M | 677.08M | 286.39M | 145.25M | 0 | 0 | 0 | 0 | 984.2M | 955.61M | 1.24B | 1.42B | 1.38B | 1.36B | 1.35B | 1.34B | 1.72B | 1.75B | 1.22B | 968.95M |
| Accounts Receivable | 1.88B | 1.62B | 1.6B | 1.52B | 1.36B | 1.22B | 1.29B | 1.36B | 1.37B | 1.19B | 1.23B | 1.33B | 1.19B | 1.02B | 1.05B | 1.18B | 1.04B | 896.66M | 849.16M | 909.17M |
| Days Sales Outstanding | 66.94 | 69.49 | 65.4 | 62.12 | 62.65 | 63.64 | 64.75 | 65.42 | 61.44 | 64.48 | 63.55 | 61.89 | 58.45 | 62.87 | 63.08 | 60.9 | 57.38 | 56.35 | 57.34 | 53.27 |
| Inventory | 828.26M | 799.62M | 704.59M | 658.17M | 725.13M | 737.11M | 770.34M | 834.4M | 939.63M | 971.41M | 883.58M | 846.81M | 906.72M | 935.63M | 862.98M | 885.95M | 821.13M | 593.36M | 471.55M | 382.89M |
| Days Inventory Outstanding | 69.11 | 73.01 | 64.45 | 67.3 | 81.58 | 85.65 | 83.77 | 91.61 | 99.72 | 107.78 | 91.25 | 90.59 | 103.49 | 113.55 | 101.76 | 88.73 | 85.8 | 74.51 | 63.25 | 54.69 |
| Other Current Assets | 166.48M | 103.55M | 142.71M | 137.26M | 112.53M | 107.26M | 124.66M | 129.3M | 124.58M | 116.19M | 162.68M | 148.75M | 110.96M | 109.82M | 112.29M | 132.27M | 110.33M | 82.67M | 95.61M | 83.09M |
| Total Non-Current Assets | 4.93B | 4.63B | 4.55B | 4.3B | 4.09B | 4.08B | 4.16B | 4.11B | 4.06B | 4.1B | 4B | 3.61B | 3.55B | 3.53B | 3.51B | 3.48B | 3.44B | 3.12B | 3.07B | 3.12B |
| Property, Plant & Equipment | 1.07B | 1.08B | 1.11B | 1.09B | 1.06B | 1.05B | 1.01B | 960.96M | 923.29M | 890.8M | 731.21M | 576.64M | 545.92M | 516.9M | 485.55M | 464.54M | 407.39M | 313.75M | 309.57M | 309.18M |
| Fixed Asset Turnover | 2.18x | 1.94x | 2.00x | 1.96x | 1.76x | 1.76x | 1.91x | 2.02x | 2.09x | 2.13x | 2.84x | 3.30x | 3.20x | 3.02x | 3.42x | 3.80x | 4.21x | 4.57x | 4.56x | 4.71x |
| Goodwill | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.42B | 1.42B | 1.42B | 1.42B | 1.42B | 1.42B | 1.42B | 1.42B | 1.41B | 1.41B | 1.41B | 1.33B | 1.33B | 1.33B |
| Intangible Assets | 1.38B | 1.38B | 1.42B | 1.42B | 1.42B | 1.41B | 1.44B | 1.43B | 1.43B | 1.43B | 1.46B | 1.22B | 1.22B | 1.22B | 1.23B | 1.22B | 1.23B | 1.07B | 1.07B | 1.06B |
| Long-Term Investments | 770.4M | 487.33M | 359.17M | 138.06M | 0 | 0 | 0 | 0 | 8.16M | 76.43M | 52.64M | 62.25M | 41.15M | 61.44M | 72.37M | 64.12M | 65.65M | 99.42M | 28.25M | 91.03M |
| Other Non-Current Assets | 185.91M | 159.43M | 138.91M | 136.33M | 95.64M | 100.41M | 104.96M | 107.11M | 107.13M | 110.22M | 164.87M | 151.25M | 145.1M | 134.48M | 115.91M | 110.39M | 101.49M | 80.25M | 88.88M | 89.39M |
| Total Assets | 10.84B | 9.99B | 9.61B | 8.73B | 8.23B | 7.72B | 8.05B | 8.06B | 10.1B | 9.69B | 9.31B | 9.26B | 8.84B | 8.29B | 8.2B | 8.18B | 8.19B | 7.8B | 7.45B | 7.07B |
| Asset Turnover | 0.23x | 0.22x | 0.24x | 0.25x | 0.23x | 0.23x | 0.23x | 0.21x | 0.19x | 0.18x | 0.20x | 0.20x | 0.20x | 0.18x | 0.20x | 0.20x | 0.19x | 0.19x | 0.19x | 0.21x |
| Asset Growth % | 31.8% | 29.41% | 19.35% | 8.3% | -18.53% | -20.31% | -13.54% | -12.98% | 14.18% | 16.8% | 13.52% | 13.31% | 8.02% | 6.26% | 10.14% | 15.6% | 25.3% | 25.83% | 30.74% | 36.15% |
| Total Current Liabilities | 1.82B | 1.45B | 1.59B | 1.26B | 1.23B | 1.1B | 1.25B | 1.16B | 1.23B | 1.16B | 1.18B | 1.16B | 1.19B | 1B | 1.12B | 1.09B | 1.04B | 965.08M | 932.24M | 887.53M |
| Accounts Payable | 783.86M | 565.97M | 683.03M | 489.04M | 486.95M | 466.77M | 549.03M | 511.14M | 533.73M | 564.38M | 539.89M | 568.61M | 491.25M | 444.26M | 520.2M | 492.86M | 438.26M | 404.26M | 396.23M | 362.9M |
| Days Payables Outstanding | 57.31 | 60.62 | 55.43 | 47.49 | 53.21 | 57.72 | 55.34 | 53.96 | 57.3 | 64.16 | 58.46 | 54.75 | 52.55 | 60.89 | 58.95 | 48.4 | 51.1 | 56.01 | 56.2 | 50.73 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 46.45M | 45.32M | 47.16M | 49.28M | 47.54M | 45.81M | 45.63M | 44.38M | 43.78M | 41.91M | 40.13M | 42.77M | 44.44M | 43.31M | 42.61M | 44.34M | 42.54M | 42.53M | 45.28M | 46.66M |
| Other Current Liabilities | 799.3M | 114.02M | 102.13M | 72.84M | 55.81M | 92.45M | 81.79M | 60.36M | 52.64M | 87.39M | 76.83M | 56.2M | 42.67M | 72.46M | 61.43M | 53.72M | 37.55M | 65.46M | 54.51M | 46.77M |
| Current Ratio | 3.26x | 3.70x | 3.19x | 3.52x | 3.37x | 3.32x | 3.13x | 3.41x | 4.91x | 4.81x | 4.51x | 4.86x | 4.46x | 4.76x | 4.19x | 4.29x | 4.54x | 4.85x | 4.70x | 4.45x |
| Quick Ratio | 2.80x | 3.15x | 2.74x | 3.00x | 2.78x | 2.65x | 2.51x | 2.69x | 4.15x | 3.97x | 3.76x | 4.14x | 3.70x | 3.82x | 3.42x | 3.48x | 3.76x | 4.24x | 4.20x | 4.02x |
| Cash Conversion Cycle | 78.75 | 81.88 | 74.42 | 81.94 | 91.02 | 91.58 | 93.18 | 103.07 | 103.85 | 108.1 | 96.35 | 97.73 | 109.39 | 115.53 | 105.89 | 101.23 | 92.08 | 74.85 | 64.4 | 57.23 |
| Total Non-Current Liabilities | 301.43M | 287.06M | 275.69M | 279.97M | 482.23M | 663.85M | 1.03B | 1.03B | 291.45M | 296.09M | 262.39M | 259.29M | 261.49M | 266.09M | 267.33M | 272.23M | 276.43M | 272.76M | 272.17M | 278.52M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 199.06M | 373.95M | 748.84M | 748.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 28.9M | 28.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 146.15M | 127.07M | 110.99M | 110.2M | 109.25M | 110.89M | 64.88M | 64.07M | 92.69M | 91.84M | 53.25M | 44.26M | 41.73M | 42.29M | 41.03M | 40.06M | 38.19M | 29.51M | 26.55M | 26.46M |
| Total Liabilities | 2.12B | 1.73B | 1.87B | 1.54B | 1.71B | 1.76B | 2.27B | 2.19B | 1.52B | 1.46B | 1.44B | 1.42B | 1.45B | 1.27B | 1.39B | 1.37B | 1.32B | 1.24B | 1.2B | 1.17B |
| Total Debt | 0 | 0 | 0 | 0 | 199.06M | 373.95M | 748.84M | 748.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -2.04B | -2.09B | -2.29B | -1.93B | -1.7B | -1.16B | -876.5M | -815.99M | -2.58B | -2.3B | -1.77B | -1.87B | -1.67B | -1.31B | -1.3B | -1.13B | -1.01B | -1.33B | -1.71B | -1.58B |
| Debt / Equity | - | - | - | - | 0.03x | 0.06x | 0.13x | 0.13x | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | 0.33x | 0.93x | 1.50x | 1.37x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -2.69x | -3.63x | -3.25x | -2.92x | -2.87x | -2.89x | -1.75x | -1.49x | -4.58x | -5.08x | -3.36x | -3.47x | -3.33x | -3.19x | -3.01x | -2.91x | -2.45x | -3.14x | -3.75x | -2.94x |
| Interest Coverage | 1216.60x | 1895.29x | 1350.70x | 350.90x | 145.50x | 36.66x | 38.39x | 107.58x | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 8.73B | 8.25B | 7.75B | 7.19B | 6.52B | 5.96B | 5.78B | 5.87B | 8.58B | 8.23B | 7.87B | 7.84B | 7.4B | 7.03B | 6.82B | 6.81B | 6.87B | 6.57B | 6.24B | 5.91B |
| Equity Growth % | 33.86% | 38.54% | 34.01% | 22.59% | -24% | -27.6% | -26.59% | -25.19% | 15.99% | 17.13% | 15.51% | 15.16% | 7.7% | 6.98% | 9.14% | 15.3% | 25.78% | 27.25% | 34.9% | 39.89% |
| Book Value per Share | 8.83 | 8.36 | 7.86 | 7.31 | 6.64 | 6.07 | 5.88 | 5.65 | 8.16 | 7.82 | 7.43 | 7.40 | 6.98 | 6.64 | 6.39 | 6.37 | 6.41 | 6.13 | 5.83 | 5.51 |
| Total Shareholders' Equity | 8.73B | 8.25B | 7.75B | 7.19B | 6.52B | 5.96B | 5.78B | 5.87B | 8.58B | 8.23B | 7.87B | 7.84B | 7.4B | 7.03B | 6.82B | 6.81B | 6.87B | 6.57B | 6.24B | 5.91B |
| Common Stock | 5.67M | 5.67M | 5.66M | 5.65M | 5.64M | 5.63M | 5.63M | 5.63M | 5.62M | 5.61M | 5.59M | 5.59M | 5.59M | 6.42M | 3.21M | 3.21M | 3.2M | 3.2M | 3.2M | 3.2M |
| Retained Earnings | 9.92B | 9.35B | 8.91B | 8.38B | 7.89B | 7.45B | 7.18B | 6.81B | 6.38B | 5.94B | 5.57B | 5.12B | 4.71B | 9B | 8.7B | 8.38B | 8.1B | 7.81B | 7.49B | 7.15B |
| Treasury Stock | -6.61B | -6.48B | -6.42B | -6.39B | -6.39B | -6.37B | -6.37B | -5.83B | -2.69B | -2.57B | -2.4B | -2B | -2B | -6.6B | -6.4B | -6.13B | -5.84B | -5.83B | -5.83B | -5.83B |
| Accumulated OCI | -205.12M | -60.84M | -93.38M | -91.31M | -202.95M | -269.49M | -137.84M | -182.3M | -157.94M | -125.34M | -198.03M | -155.72M | -147.91M | -159.07M | -224.46M | -152.96M | -72.14M | -69.17M | -43.49M | -16.82M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |