Monster Beverage Q1 2024: Assets $11.7B, Liab. $3.1B
Ticker: MNST · Form: 10-Q · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: financials, quarterly-report, assets, liabilities
TL;DR
**Monster Beverage Q1 2024: $11.7B Assets, $3.1B Liabilities. Solid financials.**
AI Summary
Monster Beverage Corp. reported its first quarter results ending March 31, 2024. The company's financial statements indicate assets of $11.7 billion and liabilities of $3.1 billion. Net sales for the period were not explicitly stated in this excerpt, but the filing details various financial line items and disclosures.
Why It Matters
This filing provides a snapshot of Monster Beverage's financial health and operational scale as of Q1 2024, impacting investor confidence and market valuation.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative events indicated in the provided excerpt.
Key Numbers
- $11.7B — Total Assets (As of March 31, 2024)
- $3.1B — Total Liabilities (As of March 31, 2024)
Key Players & Entities
- Monster Beverage Corp. (company) — Filer of the 10-Q report
- 20240331 (date) — End of the reporting period
- $11.7 billion (dollar_amount) — Total assets as of the reporting period
- $3.1 billion (dollar_amount) — Total liabilities as of the reporting period
FAQ
What were Monster Beverage's net sales for the first quarter of 2024?
The provided excerpt does not explicitly state the net sales figure for the first quarter of 2024.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What was Monster Beverage's previous company name?
Monster Beverage's former company names were Hansen Natural Corp. and Unipac Corp.
What is the company's primary business address?
The company's business address is 1 Monster Way, Corona, CA 92879.
What is the SEC file number for Monster Beverage?
The SEC file number for Monster Beverage is 001-18761.
From the Filing
0001410578-24-000605.txt : 20240507 0001410578-24-000605.hdr.sgml : 20240507 20240507152410 ACCESSION NUMBER: 0001410578-24-000605 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 99 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Monster Beverage Corp CENTRAL INDEX KEY: 0000865752 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 471809393 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-18761 FILM NUMBER: 24921419 BUSINESS ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 BUSINESS PHONE: 909-739-6200 MAIL ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 FORMER COMPANY: FORMER CONFORMED NAME: HANSEN NATURAL CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: UNIPAC CORP DATE OF NAME CHANGE: 19600201 10-Q 1 mnst-20240331x10q.htm 10-Q http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense P1Y P11Y P5Y P1Y 0000865752 --12-31 Q1 false http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold P10Y 0000865752 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0000865752 mnst:November2023RepurchasePlanMember 2024-01-01 2024-03-31 0000865752 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-03-31 0000865752 mnst:November2023RepurchasePlanMember us-gaap:SubsequentEventMember 2024-05-07 0000865752 mnst:November2022RepurchasePlanMember us-gaap:SubsequentEventMember 2024-05-07 0000865752 us-gaap:SubsequentEventMember 2024-05-07 0000865752 mnst:November2023RepurchasePlanMember 2023-11-07 0000865752 mnst:November2022RepurchasePlanMember 2022-11-02 0000865752 srt:MaximumMember us-gaap:SubsequentEventMember mnst:DutchAuctionTenderOfferMember 2024-05-01 2024-05-01 0000865752 mnst:November2022RepurchasePlanMember 2024-01-01 2024-03-31 0000865752 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000865752 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000865752 us-gaap:RetainedEarningsMember 2024-03-31 0000865752 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000865752 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000865752 us-gaap:RetainedEarningsMember 2023-12-31 0000865752 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000865752 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000865752 us-gaap:RetainedEarningsMember 2023-03-31 0000865752 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000865752 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000865752 us-gaap:RetainedEarningsMember 2022-12-31 0000865752 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000865752 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000865752 us-gaap:TreasuryStockCommonMember 2024-03-31 0000865752 us-gaap:CommonStockMember 2024-03-31 0000865752 us-gaap:TreasuryStockCommonMember 2023-12-31 0000865752 us-gaap:CommonStockMember 2023-12-31 0000865752 us-gaap:TreasuryStockCommonMember 2023-03-31 0000865752 us-gaap:CommonStockMember 2023-03-31 0000865752 us-gaap:TreasuryStockCommonMember 2022-12-31 0000865752 us-gaap:CommonStockMember 2022-12-31 0000865752 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-12-31