Monster Total Other Income Expense Net vs Selling General Administrative Analysis

MNST Stock  USD 55.14  0.31  0.57%   
Monster Beverage financial indicator trend analysis is infinitely more than just investigating Monster Beverage Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monster Beverage Corp is a good investment. Please check the relationship between Monster Beverage Total Other Income Expense Net and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Total Other Income Expense Net vs Selling General Administrative

Total Other Income Expense Net vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monster Beverage Corp Total Other Income Expense Net account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Monster Beverage's Total Other Income Expense Net and Selling General Administrative is 0.16. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Monster Beverage Corp, assuming nothing else is changed. The correlation between historical values of Monster Beverage's Total Other Income Expense Net and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Monster Beverage Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Other Income Expense Net i.e., Monster Beverage's Total Other Income Expense Net and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Selling General Administrative

Most indicators from Monster Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monster Beverage Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monster Beverage Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
At this time, Monster Beverage's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 30.10 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.13 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.2B3.8B4.0B
Total Revenue5.5B6.3B7.1B7.5B

Monster Beverage fundamental ratios Correlations

0.350.420.370.33-0.280.230.30.270.280.670.180.470.290.060.160.390.120.330.170.190.180.370.440.130.47
0.350.980.981.0-0.870.840.950.880.920.740.340.980.970.850.880.950.740.970.880.920.850.90.90.890.84
0.420.980.990.98-0.850.890.950.850.920.710.220.980.970.830.840.910.780.960.890.920.820.860.850.870.83
0.370.980.990.98-0.810.890.990.830.890.660.220.980.960.890.910.920.760.990.930.960.870.890.840.930.86
0.331.00.980.98-0.880.840.950.890.930.730.350.980.970.860.880.950.740.970.880.920.850.90.890.90.83
-0.28-0.87-0.85-0.81-0.88-0.57-0.76-1.0-0.95-0.61-0.6-0.81-0.91-0.74-0.76-0.74-0.48-0.81-0.72-0.75-0.63-0.63-0.73-0.76-0.52
0.230.840.890.890.84-0.570.850.580.740.51-0.220.850.810.740.690.80.940.850.830.860.750.790.70.750.79
0.30.950.950.990.95-0.760.850.790.830.590.230.950.930.940.950.890.720.980.960.980.910.880.790.970.85
0.270.880.850.830.89-1.00.580.790.950.60.60.820.920.770.790.750.490.830.750.780.650.650.730.790.54
0.280.920.920.890.93-0.950.740.830.950.580.390.870.980.770.760.770.650.880.80.830.680.680.730.80.59
0.670.740.710.660.73-0.610.510.590.60.580.420.80.590.380.480.850.410.640.410.480.510.830.930.440.81
0.180.340.220.220.35-0.6-0.220.230.60.390.420.290.340.270.380.32-0.290.280.160.170.230.240.390.320.12
0.470.980.980.980.98-0.810.850.950.820.870.80.290.930.820.850.960.720.960.860.90.840.930.920.860.91
0.290.970.970.960.97-0.910.810.930.920.980.590.340.930.870.870.840.720.950.910.920.810.770.760.90.7
0.060.850.830.890.86-0.740.740.940.770.770.380.270.820.870.970.760.660.910.960.970.870.740.630.980.68
0.160.880.840.910.88-0.760.690.950.790.760.480.380.850.870.970.810.560.930.940.940.890.80.70.990.75
0.390.950.910.920.95-0.740.80.890.750.770.850.320.960.840.760.810.690.910.770.830.820.990.980.80.94
0.120.740.780.760.74-0.480.940.720.490.650.41-0.290.720.720.660.560.690.750.750.770.640.670.60.640.65
0.330.970.960.990.97-0.810.850.980.830.880.640.280.960.950.910.930.910.750.940.960.890.870.820.950.83
0.170.880.890.930.88-0.720.830.960.750.80.410.160.860.910.960.940.770.750.940.980.910.750.640.970.71
0.190.920.920.960.92-0.750.860.980.780.830.480.170.90.920.970.940.830.770.960.980.880.810.710.970.77
0.180.850.820.870.85-0.630.750.910.650.680.510.230.840.810.870.890.820.640.890.910.880.830.730.920.78
0.370.90.860.890.9-0.630.790.880.650.680.830.240.930.770.740.80.990.670.870.750.810.830.950.790.97
0.440.90.850.840.89-0.730.70.790.730.730.930.390.920.760.630.70.980.60.820.640.710.730.950.680.9
0.130.890.870.930.9-0.760.750.970.790.80.440.320.860.90.980.990.80.640.950.970.970.920.790.680.73
0.470.840.830.860.83-0.520.790.850.540.590.810.120.910.70.680.750.940.650.830.710.770.780.970.90.73
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Monster Beverage Account Relationship Matchups

Monster Beverage fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.1B
Total Assets5.2B6.2B7.8B8.3B9.7B10.2B
Other Current Liab339.2M384.3M487.9M501.1M522.9M549.0M
Total Current Liabilities661.1M750.0M965.1M1.0B1.2B1.2B
Total Stockholder Equity4.2B5.2B6.6B7.0B8.2B8.6B
Net Debt(769.5M)(1.2B)(1.3B)(1.3B)(2.2B)(2.1B)
Retained Earnings5.0B6.4B7.8B9.0B5.9B6.2B
Accounts Payable274.0M296.8M404.3M444.3M564.4M592.6M
Cash798.0M1.2B1.3B1.3B2.3B2.4B
Cash And Short Term Investments1.3B2.1B3.1B2.7B3.3B3.4B
Liabilities And Stockholders Equity5.2B6.2B7.8B8.3B9.7B10.2B
Non Current Liabilities Total318.0M291.9M272.8M266.1M296.1M310.9M
Other Stockholder Equity(822.0M)(1.3B)(1.2B)(1.8B)2.4B2.5B
Total Liab979.1M1.0B1.2B1.3B1.5B1.5B
Total Current Assets2.3B3.1B4.7B4.8B5.6B5.9B
Short Long Term Debt Total28.5M18.1M28.2M45.9M66.0M69.3M
Property Plant And Equipment Net298.6M314.7M313.8M516.9M949.6M997.1M
Non Current Assets Total2.8B3.1B3.1B3.5B4.1B4.3B
Non Currrent Assets Other54.0M70.5M80.3M134.5M51.4M53.9M
Net Receivables540.3M666.0M896.7M1.0B1.2B1.3B
Inventory360.7M333.1M593.4M935.6M971.4M1.0B
Other Current Assets84.2M80.1M115.9M143.6M170.3M178.9M
Short Term Debt3.7M2.4M10.8M16.3M17.5M18.4M
Intangible Assets1.1B1.1B1.1B1.2B1.4B1.5B
Property Plant And Equipment Gross298.6M314.7M538.5M750.1M1.2B1.2B
Accumulated Other Comprehensive Income(32.4M)3.0M(69.2M)(159.1M)(125.3M)(119.1M)
Common Stock Total Equity3.2M3.2M3.2M3.2M3.7M3.9M
Common Stock3.2M3.2M3.2M3.2M5.6M5.9M
Other Assets105.5M356.4M305.5M273.5M314.5M330.3M
Treasury Stock(4.5B)(5.2B)(5.8B)(5.8B)(5.2B)(5.0B)
Property Plant Equipment298.6M314.7M313.8M516.9M594.4M624.2M
Current Deferred Revenue44.2M45.4M42.5M43.3M41.9M39.6M
Short Term Investments533.1M881.4M1.7B1.4B955.6M555.9M
Other Liab292.3M291.9M272.8M236.5M271.9M214.2M
Net Tangible Assets2.1B3.0B4.2B4.6B5.3B5.6B
Retained Earnings Total Equity5.0B6.4B7.8B9.0B10.4B10.9B
Capital Surpluse4.4B4.5B4.7B4.8B5.5B3.1B
Long Term Investments12.9M44.3M99.4M61.4M76.4M80.3M

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