Monster Beverage Corp (MNST)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	5,957,720	5,779,400	5,866,320	8,577,790	8,228,740	7,873,150	7,841,460	7,395,360	7,025,040	6,815,760	6,809,180	6,866,670	6,566,950	6,245,000	5,905,500	5,459,440	5,160,860	4,629,320	4,221,540	3,870,950
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $5,957,720K
= 0.00

Based on the provided data, Monster Beverage Corp has consistently maintained a debt-to-equity ratio of 0.00 for the periods ranging from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity during these periods.

Having a debt-to-equity ratio of 0.00 may suggest that Monster Beverage Corp relies solely on equity financing to support its operations and growth. This can be seen as a positive sign, indicating a lower financial risk and potential for financial distress associated with high levels of debt. Additionally, a low or zero debt-to-equity ratio may also imply that the company has sufficient internal resources or profitability to fund its activities without the need for external borrowing.

Overall, the consistent 0.00 debt-to-equity ratio for Monster Beverage Corp demonstrates a strong financial position in terms of leveraging debt to support its operations and growth, showcasing the company's ability to manage its capital structure effectively.