Quick Ratio

MNST’s quick ratio of 2.16x means it has $2.16 in highly liquid assets (like cash and receivables) for every $1 of current liabilities due within a year, indicating a strong ability to cover short-term obligations without selling inventory.

This ratio far exceeds the sector median of 0.71x and lands in the 92nd percentile among peers, showing the company holds much more short-term liquidity than most rivals. The year-over-year change is not available, but the quarter-over-quarter decline of -19.4% — from 2.68x to 2.16x — shows a sharp retreat in liquidity over the most recent period. While the absolute level remains high and implies low immediate default risk, the rapid drop signals that the company is either using cash or taking on more short-term debt, which could pressure liquidity if the trend continues. This combination of a high but falling quick ratio tempers the safety signaled by the level alone, making it a mixed indicator. Overall, the metric supports the NEUTRAL verdict: the strong current liquidity is a positive, but the declining trend introduces enough caution to avoid an outright bullish or bearish stance.

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