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
DateValue
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