Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024)
Monarch Casino & Resort (MCRI) recorded quarterly Debt Ratio of 0.01 in Q3 2024, down 69.51% quarter-over-quarter from 0.03 in Q2 2024, and down 13.4% on a YoY basis from 0.01 in Q4 2023.
Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024) Analysis & Trends
Monarch Casino & Resort's Debt Ratio history runs 15 years deep, the most recent figure standing at 0.01 for Q3 2024.
- In Q3 2024, Debt Ratio fell 13.4% year-over-year to 0.01; the TTM figure through Sep 2024 stood at 0.01 (down 13.4% YoY), while the FY2023 annual figure was 0.01, down 16.37% from the prior year.
- Debt Ratio was 0.01 for Q3 2024 at Monarch Casino & Resort, down from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.35 in Q2 2020 to a low of 0.01 in Q4 2023.
- Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.09 in 2022.
- The sharpest annual moves came in 2020 and 2022: Debt Ratio jumped 47.81% in 2020, then sank 92.43% in 2022.
- A 5-year view of Debt Ratio shows it stood at 0.27 in 2020, then plunged by 52.26% to 0.13 in 2021, then tumbled by 92.43% to 0.01 in 2022, then decreased by 16.37% to 0.01 in 2023, then climbed by 29.12% to 0.01 in 2024.
- The last three Debt Ratio figures came in at 0.01 (Q3 2024), 0.03 (Q2 2024), and 0.01 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 0.82 |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 0.34 |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 1.13 |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 0.37 |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 0.52 |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | - |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 0.84 |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 0.24 |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 0.21 |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.11 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.16 |
| Jun 30, 2021 | 0.20 |
| Mar 31, 2021 | 0.24 |
| Dec 31, 2020 | 0.27 |
| Sep 30, 2020 | 0.30 |
| Jun 30, 2020 | 0.35 |
| Mar 31, 2020 | 0.33 |
| Dec 31, 2019 | 0.32 |