Monster Property Plant Equipment vs Depreciation And Amortization Analysis

0K34 Stock   54.99  0.23  0.42%   
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 Property Plant Equipment and its Depreciation And Amortization accounts. Check out Trending Equities 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 signals in board of governors.

Property Plant Equipment vs Depreciation And Amortization

Property Plant Equipment vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monster Beverage Corp Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Monster Beverage's Property Plant Equipment and Depreciation And Amortization is 0.77. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Monster Beverage Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Monster Beverage's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Trending Equities 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 signals in board of governors.
Selling General Administrative is likely to gain to about 1.1 B in 2024. Tax Provision is likely to gain to about 244.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.2B3.8B4.0B
Total Revenue5.5B6.3B7.1B7.5B

Monster Beverage fundamental ratios Correlations

0.930.981.0-0.870.840.950.880.920.390.740.340.980.970.850.880.950.740.970.880.780.770.90.890.670.66
0.930.980.92-0.680.940.970.70.80.410.60.040.940.890.870.870.880.810.960.920.80.790.880.90.660.68
0.980.980.98-0.810.890.990.830.890.430.660.220.980.960.890.910.920.760.990.930.810.820.890.910.670.67
1.00.920.98-0.880.840.950.890.930.370.730.350.980.970.860.880.950.740.970.880.770.770.90.880.660.66
-0.87-0.68-0.81-0.88-0.57-0.76-1.0-0.95-0.31-0.61-0.6-0.81-0.91-0.74-0.76-0.74-0.48-0.81-0.72-0.52-0.66-0.63-0.66-0.45-0.54
0.840.940.890.84-0.570.850.580.740.310.51-0.220.850.810.740.690.80.940.850.830.650.640.790.730.650.79
0.950.970.990.95-0.760.850.790.830.370.590.230.950.930.940.950.890.720.980.960.840.850.880.940.590.59
0.880.70.830.89-1.00.580.790.950.30.60.60.820.920.770.790.750.490.830.750.540.680.650.690.440.52
0.920.80.890.93-0.950.740.830.950.340.580.390.870.980.770.760.770.650.880.80.610.70.680.680.550.75
0.390.410.430.37-0.310.310.370.30.340.620.120.510.350.130.220.390.190.390.250.480.340.370.390.570.3
0.740.60.660.73-0.610.510.590.60.580.620.420.80.590.380.480.850.410.640.410.590.380.830.70.710.35
0.340.040.220.35-0.6-0.220.230.60.390.120.420.290.340.270.380.32-0.290.280.160.250.280.240.330.06-0.17
0.980.940.980.98-0.810.850.950.820.870.510.80.290.930.820.850.960.720.960.860.810.760.930.920.720.63
0.970.890.960.97-0.910.810.930.920.980.350.590.340.930.870.870.840.720.950.910.720.80.770.80.570.73
0.850.870.890.86-0.740.740.940.770.770.130.380.270.820.870.970.760.660.910.960.70.840.740.850.380.44
0.880.870.910.88-0.760.690.950.790.760.220.480.380.850.870.970.810.560.930.940.790.840.80.920.460.38
0.950.880.920.95-0.740.80.890.750.770.390.850.320.960.840.760.810.690.910.770.770.660.990.920.730.53
0.740.810.760.74-0.480.940.720.490.650.190.41-0.290.720.720.660.560.690.750.750.50.530.670.560.510.76
0.970.960.990.97-0.810.850.980.830.880.390.640.280.960.950.910.930.910.750.940.80.840.870.910.610.62
0.880.920.930.88-0.720.830.960.750.80.250.410.160.860.910.960.940.770.750.940.770.90.750.830.450.58
0.780.80.810.77-0.520.650.840.540.610.480.590.250.810.720.70.790.770.50.80.770.730.790.850.660.47
0.770.790.820.77-0.660.640.850.680.70.340.380.280.760.80.840.840.660.530.840.90.730.640.750.390.45
0.90.880.890.9-0.630.790.880.650.680.370.830.240.930.770.740.80.990.670.870.750.790.640.940.730.47
0.890.90.910.88-0.660.730.940.690.680.390.70.330.920.80.850.920.920.560.910.830.850.750.940.650.38
0.670.660.670.66-0.450.650.590.440.550.570.710.060.720.570.380.460.730.510.610.450.660.390.730.650.57
0.660.680.670.66-0.540.790.590.520.750.30.35-0.170.630.730.440.380.530.760.620.580.470.450.470.380.57
Click cells to compare fundamentals

Monster Beverage Account Relationship Matchups

Monster Beverage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B6.2B7.8B8.3B9.7B10.2B
Other Current Liab328.1M384.3M487.9M501.1M522.9M549.0M
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
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.1B
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
Accumulated Other Comprehensive Income(32.4M)3.0M(69.2M)(159.1M)(125.3M)(119.1M)
Common Stock3.2M3.2M3.2M3.2M5.6M5.9M
Current Deferred Revenue44.2M45.4M42.5M43.3M41.9M39.6M
Short Term Investments533.1M881.4M1.7B1.4B955.6M555.9M
Other Assets1.0289.4M282.3M273.5M314.5M162.3M
Capital Surpluse4.2B4.2B4.4B4.5B5.2B4.7B
Treasury Stock(3.2B)(4.5B)(5.2B)(5.8B)(5.2B)(5.5B)
Property Plant Equipment330.0M337.4M336.9M554.9M638.1M346.6M
Other Liab292.3M274.5M255.3M236.5M212.8M227.9M
Net Tangible Assets1.8B2.8B4.2B4.4B5.0B2.9B

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