Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024)
Monarch Casino & Resort (MCRI) posted Debt Ratio of 0.01 for Q3 2024, down 69.51% on a QoQ basis from 0.03 in Q2 2024, and down 13.4% year-over-year from 0.01 in Q4 2023.
Analysis
Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024) Analysis & Trends
Monarch Casino & Resort has reported Debt Ratio for 15 years, with the latest figure at 0.01 in Q3 2024.
- On a quarterly basis, Debt Ratio fell 13.4% year-over-year to 0.01 in Q3 2024; TTM through Sep 2024 was 0.01, a 13.4% decrease from a year earlier, with the FY2023 full-year figure at 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.
- The five-year high for Debt Ratio was 0.35 in Q2 2020, with the low at 0.01 in Q4 2023.
- Average Debt Ratio over 5 years is 0.13, with a median of 0.09 recorded in 2022.
- The sharpest annual moves came in 2020 and 2022: Debt Ratio surged 47.81% in 2020, then plunged 92.43% in 2022.
- Over 5 years, Debt Ratio stood at 0.27 in 2020, then tumbled by 52.26% to 0.13 in 2021, then slumped by 92.43% to 0.01 in 2022, then slipped by 16.37% to 0.01 in 2023, then grew 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.74 Bn | 25.68 Bn | 1.81 Bn | 0.77 |
| 2 | MGM Resorts International | 10.37 Bn | 8.67 Bn | 3.10 Bn | 0.15 |
| 3 | Wynn Resorts | 9.47 Bn | 7.16 Bn | 1.14 Bn | 0.92 |
| 4 | Churchill Downs | 6.07 Bn | 5.92 Bn | 712.00 Mn | 0.42 |
| 5 | Caesars Entertainment | 6.05 Bn | 5.16 Bn | 2.04 Bn | 0.38 |
| 6 | Red Rock Resorts | 6.00 Bn | 5.52 Bn | 420.02 Mn | 0.82 |
| 7 | Boyd Gaming | 5.71 Bn | 5.38 Bn | 766.76 Mn | 0.39 |
| 8 | PENN Entertainment | 2.29 Bn | 1.39 Bn | 1.02 Bn | 0.20 |
| 9 | Monarch Casino & Resort | 2.18 Bn | 2.04 Bn | 38.62 Mn | - |
| 10 | Melco Resorts & Entertainment | 2.12 Bn | 1.85 Bn | 1.05 Bn | 0.81 |
Historic Data
Download Data
Historic 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 |