Monster Beverage Corp (MNST)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 7,719,090 | 8,053,300 | 8,060,900 | 10,098,100 | 9,686,520 | 9,314,340 | 9,263,340 | 8,844,360 | 8,293,100 | 8,204,800 | 8,175,010 | 8,187,460 | 7,804,780 | 7,449,410 | 7,071,540 | 6,534,370 | 6,202,720 | 5,697,680 | 5,193,810 | 4,881,500 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $7,719,090K
= 0.00
The debt-to-assets ratio for Monster Beverage Corp has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any long-term debt in relation to its total assets during this period. A low or zero debt-to-assets ratio is generally viewed positively as it suggests a lower financial risk for the company and greater financial stability. However, it's essential to consider the context of the industry and the company's specific financial objectives when interpreting this ratio.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Monster Beverage Corp
MNST
0.00
Celsius Holdings Inc
CELH
0.00
Coca-Cola Consolidated Inc.
COKE
0.00
National Beverage Corp
FIZZ
0.00