Monster Beverage Corp (MNST)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 3,641,500 | 5,589,000 | 4,764,900 | 4,682,110 | 3,140,960 |
| Total current liabilities | US$ in thousands | 1,097,520 | 1,161,690 | 1,001,980 | 965,076 | 749,988 |
| Current ratio | 3.32 | 4.81 | 4.76 | 4.85 | 4.19 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,641,500K ÷ $1,097,520K
= 3.32
The current ratio of Monster Beverage Corp has shown a consistently strong trend over the past five years. It increased from 4.19 in December 2020 to 4.85 in December 2021, indicating improved liquidity and ability to cover short-term obligations. Although there was a slight dip to 4.76 in December 2022, the ratio remained well above 1, reflecting a healthy financial position. In subsequent years, the current ratio continued to be robust, reaching 4.81 in December 2023. However, there was a notable decrease to 3.32 in December 2024, which may warrant further investigation to understand the factors driving this decline. Overall, Monster Beverage Corp's current ratio demonstrates strong liquidity and ability to meet its short-term financial obligations, albeit with fluctuations in recent years.
Peer comparison
Dec 31, 2024