Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
Doing some research...
Over 2021–2023 Monster Beverage’s balance sheet showed steady expansion: total assets rose from $7,804.8m to $9,686.5m (≈ +24%), while stockholders’ equity climbed from $6,567.0m to $8,228.7m (≈ +25%), and liabilities increased modestly from $1,237.8m to $1,457.8m. That profile produced a conservatively financed capital structure through 2023 (equity representing about 85% of assets and liabilities ≈15%). In 2024 the pattern reverses: assets decline sharply to $7,719.1m (a ≈20% drop vs. 2023), equity falls to $5,957.7m (≈28% decline) and liabilities rise to $1,761.4m (≈21% increase). Note the 2025 row shows zeros and should be treated as missing/unavailable data. The 2024 move materially increases leverage — liabilities as a share of assets jump from roughly 15% to about 22.8% and the equity-to-assets ratio falls to ~77% — still equity-dominant but noticeably weaker than prior years. Such a simultaneous fall in assets and equity with a rise in liabilities often reflects one or more discrete events (large share repurchases or dividends, asset dispositions or impairments, acquisitions funded with debt, or other one-off charges); without cash-flow or notes detail it’s not possible to pinpoint the cause. In the beverage industry, companies typically operate with relatively low leverage and stable asset bases, so the 2024 movement is a noteworthy departure that merits review of the 2024 filings and transaction notes to understand sustainability and whether this is a temporary restructuring or a change in financial strategy.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.