Stock Analysis on Net
Stock Analysis on Net

Monster Beverage Corp. (NASDAQ:MNST)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 7, 2024.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Paying user area

Try for free

Monster Beverage Corp. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Monster Beverage Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable
Accrued liabilities
Accrued promotional allowances
Deferred revenue
Accrued compensation
Income taxes payable
Current liabilities
Deferred revenue
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock, $0.005 par value
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Common stock in treasury, at cost
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Accounts Payable
Accounts payable as a percentage of total liabilities and stockholders’ equity shows some fluctuation, starting at 5.75% in March 2019, declining slightly by year-end 2019, then experiencing moderate volatility through 2020 and 2021. It peaks again at 6.34% in September 2022 before settling around 5.29% by March 2024, indicating variability but no strong directional trend.
Accrued Liabilities
This category exhibits minor fluctuations, initially decreasing from 2.74% to around 2.19% by September 2019, followed by intermittent increases and decreases without a clear trend. The value declines to a low of 1.9% in December 2023, with a slight uptick to 2.03% in March 2024, suggesting a somewhat stable but slowly diminishing proportion over time.
Accrued Promotional Allowances
The proportion attributed to accrued promotional allowances remains relatively stable, oscillating between approximately 2.7% and 3.9%. Notably, it declines from 3.6% in March 2019 to a low point near 2.7–2.8% in late 2023 before a slight increase to 3.16% in March 2024, reflecting a generally steady pattern with occasional shifts.
Deferred Revenue (Current)
The percentage related to deferred revenue recorded under current liabilities shows a downward trend from 0.94% in March 2019 through to 0.43% in March 2024. This consistent decrease suggests a reduction in unearned income liabilities as a share of total liabilities and equity.
Accrued Compensation
Accrued compensation fluctuates between 0.39% and 0.92% throughout the period, with no clear long-term trend. The value tends to rise during year-end quarters before falling again, indicative of seasonal or cyclical factors influencing accrued compensation liabilities.
Income Taxes Payable
Income taxes payable as a percentage shows variability, with initial small values rising and falling irregularly, peaking at 0.74% in March 2024. The fluctuations past 2022 are more pronounced compared to earlier years, indicating greater volatility in tax obligations reflected on the balance sheet.
Current Liabilities
Current liabilities as a percentage of total liabilities and stockholders’ equity display a moderate downward trajectory from 13.55% in March 2019 to around 12.17% in March 2024, with some short-term oscillations. The decline suggests a relative reduction in short-term obligations over the analyzed period.
Deferred Revenue (Noncurrent)
This item shows a significant decreasing trend from 6.51% in Q1 2019 to 1.97% in Q1 2024, indicating a substantial decline in long-term deferred revenue components relative to total liabilities and equity.
Other Liabilities
Other liabilities maintain a generally low and stable proportion, ranging roughly between 0.36% and 0.95%. A noticeable increase occurs in late 2023 and early 2024, with the highest values reaching near 0.95%, implying a recent accumulation in miscellaneous liability categories.
Noncurrent Liabilities
Noncurrent liabilities relative to total liabilities and equity show a steady decline, decreasing from 7.0% in March 2019 to 2.89% in March 2024. This suggests the company is reducing its long-term debt or other noncurrent obligations over time.
Total Liabilities
Total liabilities decrease steadily as a percentage of total liabilities and equity, moving from 20.56% in March 2019 to about 15.06% in March 2024. This movement aligns with the reduction trends observed in both current and noncurrent liabilities.
Common Stock
Common stock proportion remains minimal and fairly constant, around 0.04% to 0.07%, throughout the entire period, indicating no significant changes in common stock capital relative to totals.
Additional Paid-in Capital
Additional paid-in capital shows a clear and persistent decline, dropping from a high of 92.11% in March 2019 to 49.86% by March 2024. This marked decrease suggests either distributions, repurchases, or accounting adjustments that reduce this component relative to total liabilities and equity.
Retained Earnings
Retained earnings initially increase from 89.7% in March 2019 to a peak above 108% in mid-2020, followed by a sharp and sudden drop to 53.21% in March 2023. After the decline, a gradual modest increase resumes. The abrupt change could indicate a significant accounting event or reorganization impacting retained earnings.
Accumulated Other Comprehensive Income (Loss)
This line fluctuates in negative territory for most periods, ranging between -0.73% and -2.74%, with some volatility. The trend is uneven, showing moderate worsening in some periods and slight improvements in others, reflecting variability in comprehensive income adjustments.
Common Stock in Treasury (at cost)
Treasury stock shows a substantial reduction in negative value from approximately -101.7% in early 2019 to around -26.61% by March 2024. The sharp decrease beginning in 2023, where the negative figure lessens dramatically, suggests significant treasury stock reacquisition or reclassification activities.
Stockholders’ Equity
Stockholders’ equity as a percentage remains relatively stable and high throughout the periods, consistently around 79–85%. The proportion remains resilient despite the declines in additional paid-in capital and fluctuations in retained earnings, indicating other equity components balance overall equity.
Total Liabilities and Stockholders’ Equity
By definition, this total remains constant at 100%, ensuring all reported percentages are relative to the entire capital structure.