Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024)

Monarch Casino & Resort's (MCRI) quarterly Debt Ratio came in at 0.01 in Q3 2024, down 13.4% year-on-year from 0.01 in Q4 2023, and down 69.51% quarter-over-quarter from 0.03 in Q2 2024.

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.

  • 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 declined to 0.01 in Q3 2024 per MCRI's latest filing, from 0.03 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.35 in Q2 2020 and bottomed at 0.01 in Q4 2023.
  • The 5-year median for Debt Ratio is 0.09 (2022), against an average of 0.13.
  • Across the five-year window, Debt Ratio soared 47.81% in 2020 and sank 92.43% in 2022, its largest moves.
  • Year by year, Debt Ratio stood at 0.27 in 2020, then slumped by 52.26% to 0.13 in 2021, then sank 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.
  • Per Business Quant, the three latest MCRI Debt Ratio figures stand at 0.01 (Q3 2024), 0.03 (Q2 2024), and 0.01 (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Las Vegas Sands 30.75 Bn 27.42 Bn 3.49 Bn 0.74
2 MGM Resorts International 11.68 Bn 9.38 Bn 4.32 Bn 0.15
3 Wynn Resorts 9.99 Bn 9.89 Bn 1.75 Bn 0.86
4 Boyd Gaming 6.73 Bn 6.36 Bn 984.15 Mn 0.34
5 Melco Resorts & Entertainment 6.48 Bn 5.85 Bn - 1.13
6 Caesars Entertainment 6.11 Bn 5.15 Bn 2.78 Bn 0.38
7 Vail Resorts 5.23 Bn 5.21 Bn - 0.53
8 Hilton Grand Vacations 4.01 Bn 3.75 Bn 1.23 Bn 0.40
9 Red Rock Resorts 3.72 Bn 3.12 Bn 433.13 Mn 0.84
10 Monarch Casino & Resort 2.14 Bn 2.02 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