Monster Beverage Corp (MNST)

Current ratio

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	5,589,000	5,311,520	5,654,110	5,294,610	4,764,900	4,696,690	4,696,620	4,743,670	4,682,110	4,383,670	3,950,680	3,433,870	3,140,960	2,825,850	2,371,450	2,048,720	2,316,310	2,360,760	2,326,770	1,907,300
Total current liabilities	US$ in thousands	1,161,690	1,178,800	1,162,580	1,187,510	1,001,980	1,121,720	1,093,610	1,044,360	965,076	932,240	887,527	788,861	749,988	773,763	674,865	701,541	661,097	714,216	705,500	630,972
Current ratio		4.81	4.51	4.86	4.46	4.76	4.19	4.29	4.54	4.85	4.70	4.45	4.35	4.19	3.65	3.51	2.92	3.50	3.31	3.30	3.02

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $5,589,000K ÷ $1,161,690K
= 4.81

The current ratio of Monster Beverage Corp. has been relatively stable over the past eight quarters, ranging from 4.19 to 4.86. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered positive for liquidity and financial health.

The company's current ratio has consistently been well above 1, indicating a strong ability to meet its short-term obligations using its current assets. The highest current ratio of 4.86 was recorded in Q2 2023, suggesting a peak level of liquidity during that quarter. Overall, the trend in the current ratio over the past two years reflects a consistently strong liquidity position for Monster Beverage Corp.