Monarch Casino & Resort (MCRI) Debt Ratio (2010 - 2024)
Monarch Casino & Resort (MCRI) posted quarterly Debt Ratio of 0.01 for Q3 2024, down 13.4% year-over-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.
- 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 for Q3 2024 stood at 0.01, 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.
- The 5-year median for Debt Ratio is 0.09 (2022), against an average of 0.13.
- The sharpest annual moves came in 2020 and 2022: Debt Ratio soared 47.81% in 2020, then plunged 92.43% in 2022.
- Monarch Casino & Resort's 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 retreated by 16.37% to 0.01 in 2023, then advanced by 29.12% to 0.01 in 2024.
- Business Quant data shows MCRI's Debt Ratio at 0.01 in Q3 2024, 0.03 in Q2 2024, and 0.01 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 0.77 |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 0.15 |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 0.92 |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 0.39 |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 0.38 |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 0.54 |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 0.25 |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 0.40 |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 0.82 |
| 10 | Monarch Casino & Resort | 2.25 Bn | 2.11 Bn | 38.62 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 |