On this page of Benford's Law Stocks.com we present our study of Celsius Holdings, Inc. — ticker symbol CELH. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/11/2021 to 8/5/2024 for Celsius Holdings, Inc. under CIK number 0001341766. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for CELH, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Celsius Holdings, Inc. based on the past CELH filings our system processed in the past.
Benford Chart for CELH 10Q Filed 8/5/2024
27.4
22.1
11.0
8.3
8.6
8.1
6.8
4.2
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, CELH stockholder letter ]
Total numbers found: 689
Recent share count: 233,081,303 (2's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
689
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for CELH = 93
93

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was above the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was above the typical coverage universe range.
CELH's Score Vs. Typical Stock
Benford's Law Stocks Indicator
CELH
High score compared to other filers, with CELH falling in the highest quartile of filers.
Other Stocks Ranking Near CELH
AVGO
CABA
CMLS
CSCO
 BELFA
CDTX
CHUY
CPHC
Check our work! We provide our Celsius Holdings, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CELH filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 189 numbers that start with the digit 1. Here they are:
1
183,703
1,166
180,669
14,124
14,124
19,503
1,384,989
1,204,904
1,507
1,957
11,491
12,139
13,730
14,173
1,718,888
1,536,396
156,479
13,772
10,890
193
162,471
167,227
1,466,666
131,866
12,053
1,718,888
1,536,396
192,879
166,889
158,994
114,850
163,086
177,438
109,726
10,647
10,469
1,049
10,383
19,654
104,631
197,092
119,219
17,946
157,594
13,675
13,637
12,417
131,502
1,662
129,840
18
17
12,053
1,467
1,283
1
1,354
1,354
1,467
180
180
131,866
1,467
1,881
1,467
1,200
1
1,287
197,627
1,467
1,877
146,118
131,062
1,467
157,594
1,247
1,088
11,554
191
11,242
135,600
12,058
10,209
17,760
174,292
13,739
13,739
1,147
13,675
13,637
12,558
12,952
147,229
10,033
1.5
12.1
13.0
11.2
12.9
100.0
100.0
100.0
100.0
11,591
12,153
14,171
14,394
11.6
10.1
105.9
1.0
1.7
14.2
14.9
157,594
13,675
13,637
12,417
131,502
12,417
12,197
131,722
18
17
16,684
11,909
1,606
1,535
1,553
11.3
13.4
121.4
151.9
156.5
150,026
184,434
180,669
19.5
1,153
1,166
1,623
1,467
1.2
1.0
13.7
14.2
13,467
13,911
11,043
11,678
11,491
12,139
1
11,043
18,252
18,522
11,851
1.5
184.9
171.5
130.4
172.0
162.5
176.7
167.2
14.1
14.1
1,466,666
1.5
12.5
11.0
10
12
11.2
1.23
12.5
1
1,218
1,617
19.10
126
1,311
134.75
123
188
1.6
1.1
1.5
We found 152 numbers that start with the digit 2. Here they are:
233,067,644
262,920
2,318
229,275
22,900
24,868
22,727
29,518
233
208
241,276
248,338
291
276,613
228
2,201
2,880
233,344,377
231,787,482
286,173
276,717
2,363
264,040
209,098
272,812
213,867
28
28
20,259
264
24,848
26,483
29
28
233,197
230,535
232,979
230,277
237,595
236,832
237,569
236,577
231,787
276,717
264,040
233,070
281,247
2,055
274
233,344
286,173
2,363
229,147
280,668
238,772
230,347
279,872
229
229
230,653
278,980
2,648
206
24,632
2,282
248
2,884
22
28,127
28.8
24,316
2,550
2,212
29
2.1
2
28.4
29.1
233,197
230,535
232,979
230,277
237,595
236,832
237,569
236,577
29
28
22.0
20,561
2,864
2,082
21.2
216.4
250
227.8
229,275
22.9
2,229
2,318
21,908
24,868
2.3
2,424
2,233
270
2,900
2,267
25,680
28,158
22,117
212.6
2.4
227.8
2.4
2.3
282.5
241.3
248.3
2.69
25
22.0
23.7
20.0
25.8
22.2
20.8
249,541
210,269
210,269
28.1
2
26.13
20.24
243
22.42
22.57
24.93
20.5
28.2
24.0
20
200
20.25
29.43
228
228
2
2
2.3
2.1
2.1
We found 76 numbers that start with the digit 3. Here they are:
36,282
312,984
300,000,000
325,883
366,380
313,010
391,305
39,498
3,890
308
31
31
3,563
3,563
338,191
308
308
306
3,888
31
37,052
3,469
3,950
3,986
3,523
34
38
3,233
3,577
30
35.0
30.3
33.0
3,137
34,894
30
38,710
36.5
3
3
3,890
3,890
3,795
31
31
382,351
310,815
30,826
3,461
3,030
325,883
38.3
34,717
3,395
3,471
34,844
36,282
3
341.4
3.9
38.3
3.6
3.6
3
375.00
3.81
3,991
3,991
34.40
33.10
37.1
30.49
30.49
3
3
34.4
4's 5's 6's
We found 57 numbers that start with the digit 4. Here they are:
47,423
42,840
478,646
447,868
415,754
401,977
4,642
40,763
4
40,173
4.66
4,746
4,746
4.66
415,754
40,091
478
479
4.62
41,227
41,227
4.67
4,072
41,044
44,978
4,757
45,211
4,044
49,065
40,763
40,858
4,398
4,590
401,977
49,022
4,074
4,181
4,650
448
461
47.4
42.8
4,373
423.1
4.6
4.8
4.7
45
4.7
4,918
4.40
4.40
408
44.93
45.60
4.6
45.7
We found 59 numbers that start with the digit 5. Here they are:
5,374
50,424
59
5
550,000
585,822
5,545
51,509
590
56
55
58,921
5,507
5,507
594
594
5,735
5,735
590
590
51,509
51,509
57,605
56,692
555
550
52.9
56.7
55.8
58.3
59.4
5
51,509
56
55
559,367
585,822
539
539
539
539
51.8
550.0
55
5
550
567.61
5.0
5.0
550
5.00
50
5.7
5.1
588
50
50
5.52
55.3
We found 56 numbers that start with the digit 6. Here they are:
6,653
62,120
61
64,813
633
69,455
6,838
6,856
6,289
6,898
66,656
66,348
6,837
6,837
6,838
6,838
6,781
6,781
6,856
6,856
6,112
633
62,995
6,362
6,810
652,927
681,054
63.6
69.0
67.5
6
6
6,838
6,856
6,289
6,898
66,656
6,289
6,898
6,181
6,727
66,764
6,297
6,300
6.9
60,000
6,687
6,143
6,872
6
62,120
61,285
61.3
624
65,000
65
7's 8's 9's
We found 47 numbers that start with the digit 7. Here they are:
755,981
79,633
729
762
78
77
701
757,685
73
79,783
72,201
72,205
77
701
77,811
77,811
78
79,783
79,783
78
76
77
77
7,062
7,062
707
766
755,981
78,170
755.5
7,181
79,783
72,201
72,372
721,863
757,685
7.9
7,633
79,633
7.1
7.1
78.87
787
7.5
79.27
77.31
7
We found 29 numbers that start with the digit 8. Here they are:
824,488
824,488
824,488
824,488
824,488
824,488
82
82
81,035
824,488
824,488
8,309
82,213
8,219
8
8
860
86.4
8,617
8.5
8.1
832.5
832.5
8.0
8
8.3
82.6
82.6
82.0
We found 24 numbers that start with the digit 9. Here they are:
903,210
99,787
980
9,513
9,513
955
94,181
94,248
931
9,493
92,736
967
968
92,736
903,210
902.7
9
92,736
99.8
98.5
9.5
9.5
98.87
927
While the above CELH 10Q Filed 8/5/2024 is interesting in isolation, we have found that it is also useful to take a look at older Celsius Holdings, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 8/5/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical CELH 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 8/5/2024
27.4
22.1
11.0
8.3
8.6
8.1
6.8
4.2
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 689

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 11/6/2023
31.8
16.6
8.4
8.0
8.6
6.8
9.6
5.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 814

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10K Filed 3/1/2023
28.6
13.5
14.2
6.5
9.9
8.0
8.2
6.3
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL? ✓  [ original filing ]
Total numbers found: 858

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 5/10/2022
28.9
14.5
13.0
7.9
11.4
6.5
9.4
4.1
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 491

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 8/12/2021
29.8
16.9
12.4
9.2
7.5
8.5
8.2
3.9
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 587

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 5/6/2024
27.0
22.9
8.9
10.2
7.3
8.2
6.0
5.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ✓  [ original filing ]
Total numbers found: 537

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 8/8/2023
29.1
16.6
8.7
7.5
11.1
7.1
8.8
5.2
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL? ✓  [ original filing ]
Total numbers found: 772

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 11/9/2022
31.4
14.8
10.1
8.0
9.2
5.5
9.2
6.3
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL? ✓  [ original filing ]
Total numbers found: 824

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10K Filed 3/16/2022
28.0
12.8
14.4
9.3
9.0
7.2
7.3
5.8
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL? ✓  [ original filing ]
Total numbers found: 764

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 5/13/2021
31.7
15.3
14.0
7.6
10.3
6.2
7.5
3.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL? ❌  [ original filing ]
Total numbers found: 805

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10K Filed 2/28/2024
31.4
23.6
11.7
7.4
6.5
5.9
4.9
5.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 783

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 5/9/2023
30.0
13.3
10.6
9.6
10.2
8.8
7.5
5.8
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 616

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 8/9/2022
28.6
16.7
12.6
8.5
9.1
7.0
9.9
3.3
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 658

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10Q Filed 11/12/2021
28.1
15.8
11.5
9.3
9.1
7.2
9.3
5.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 669

■ = Typical CELH range from 3/11/2021 to 8/5/2024
10K Filed 3/11/2021
33.6
15.2
14.1
7.2
7.5
6.6
5.9
5.2
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL? ❌  [ original filing ]
Total numbers found: 1,415

■ = Typical CELH range from 3/11/2021 to 8/5/2024
NUKK 10Q Filed 9/11/2024:
93
CTRN 10Q Filed 9/11/2024:
51
AVGO 10Q Filed 9/11/2024:
93
ALZN 10Q Filed 9/11/2024:
85
DBI 10Q Filed 9/11/2024:
53
PLCE 10Q Filed 9/11/2024:
80
EPM 10K Filed 9/11/2024:
86
LSAK 10K Filed 9/11/2024:
97
LYTS 10K Filed 9/11/2024:
97
VRA 10Q Filed 9/11/2024:
91
IROQ 10K Filed 9/11/2024:
91
OCC 10Q Filed 9/11/2024:
82
PPIH 10Q Filed 9/11/2024:
57
PSTG 10Q Filed 9/10/2024:
92
ROST 10Q Filed 9/10/2024:
80
PPSI 10Q Filed 9/10/2024:
67
WOOF 10Q Filed 9/10/2024:
77
INNV 10K Filed 9/10/2024:
89
GROW 10K Filed 9/10/2024:
77
ENGN 10Q Filed 9/10/2024:
71
GME 10Q Filed 9/10/2024:
89
ASO 10Q Filed 9/10/2024:
70
PLAY 10Q Filed 9/10/2024:
68
BNED 10Q Filed 9/10/2024:
42
IOT 10Q Filed 9/10/2024:
63
MAMA 10Q Filed 9/10/2024:
91
PHYT.U 10Q Filed 9/10/2024:
36
DELL 10Q Filed 9/10/2024:
85
CTLP 10K Filed 9/10/2024:
84
MTRX 10K Filed 9/10/2024:
88
YYAI 10Q Filed 9/10/2024:
89
ORCL 10Q Filed 9/10/2024:
66
PLMIU 10Q Filed 9/9/2024:
59
CVGW 10Q Filed 9/9/2024:
62
LTRX 10K Filed 9/9/2024:
98
CDMO 10Q Filed 9/9/2024:
83
URBN 10Q Filed 9/9/2024:
91
CURV 10Q Filed 9/9/2024:
94
AVO 10Q Filed 9/9/2024:
92
SKIL 10Q Filed 9/9/2024:
72
 

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