Monarch Casino & Resort (MCRI) Debt to Equity (2010 - 2024)

Monarch Casino & Resort (MCRI) recorded quarterly Debt to Equity of $0.01 in Q3 2024, down 70.45% quarter-over-quarter from $0.05 in Q2 2024, and down 14.35% on a YoY basis from $0.02 in Q4 2023.

Monarch Casino & Resort (MCRI) Debt to Equity (2010 - 2024) Analysis & Trends

Monarch Casino & Resort's Debt to Equity history runs 15 years deep, the most recent figure standing at $0.01 for Q3 2024.

  • In Q3 2024, Debt to Equity fell 14.35% year-over-year to $0.01; the TTM figure through Sep 2024 stood at $0.01 (down 14.35% YoY), while the FY2023 annual figure was $0.01, down 13.69% from the prior year.
  • Debt to Equity was $0.01 for Q3 2024 at Monarch Casino & Resort, down from $0.05 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.61 in Q2 2020 to a low of $0.01 in Q4 2023.
  • Historically, Debt to Equity has averaged $0.21 across 5 years, with a median of $0.13 in 2022.
  • The sharpest annual moves came in 2020 and 2022: Debt to Equity jumped 59.48% in 2020, then slumped 93.69% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.49 in 2020, then tumbled by 59.69% to $0.2 in 2021, then plunged by 93.69% to $0.01 in 2022, then fell by 13.69% to $0.01 in 2023, then increased by 27.24% to $0.01 in 2024.
  • The last three Debt to Equity figures came in at $0.01 (Q3 2024), $0.05 (Q2 2024), and $0.01 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn -49.69
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 0.90
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 3.28
5 Vail Resorts 4.85 Bn 4.81 Bn - 4.55
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 24.86
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 1.16
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 1.61
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 0.05
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.02
Jun 30, 2023 0.09
Mar 31, 2023 0.11
Dec 31, 2022 0.01
Sep 30, 2022 0.05
Jun 30, 2022 0.13
Mar 31, 2022 0.17
Dec 31, 2021 0.20
Sep 30, 2021 0.25
Jun 30, 2021 0.33
Mar 31, 2021 0.41
Dec 31, 2020 0.49
Sep 30, 2020 0.51
Jun 30, 2020 0.61
Mar 31, 2020 0.57
Dec 31, 2019 0.57