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| Date | Value |
|---|---|
| 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 |