Monarch Net Debt vs Short Long Term Debt Total Analysis
MCRI Stock | USD 66.22 1.13 1.74% |
Monarch Casino financial indicator trend analysis is infinitely more than just investigating Monarch Casino Resort recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarch Casino Resort is a good investment. Please check the relationship between Monarch Casino Net Debt and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Debt vs Short Long Term Debt Total
Net Debt vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarch Casino Resort Net Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Monarch Casino's Net Debt and Short Long Term Debt Total is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Monarch Casino Resort, assuming nothing else is changed. The correlation between historical values of Monarch Casino's Net Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Monarch Casino Resort are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Debt i.e., Monarch Casino's Net Debt and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Short Long Term Debt Total
Most indicators from Monarch Casino's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarch Casino Resort current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Monarch Casino's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.5M | 2.4M | 1.6M | 1.5M | Depreciation And Amortization | 38.4M | 43.4M | 47.3M | 49.7M |
Monarch Casino fundamental ratios Correlations
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Monarch Casino Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monarch Casino fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 610.9M | 671.9M | 690.5M | 692.9M | 690.4M | 724.9M | |
Short Long Term Debt Total | 211.0M | 194.5M | 102.4M | 20.6M | 20.4M | 19.4M | |
Other Current Liab | 41.6M | 84.5M | 101.9M | 73.0M | 44.9M | 23.4M | |
Total Current Liabilities | 79.5M | 109.4M | 141.2M | 117.7M | 123.4M | 129.5M | |
Total Stockholder Equity | 341.2M | 368.1M | 448.0M | 539.0M | 513.1M | 538.8M | |
Property Plant And Equipment Net | 501.5M | 572.5M | 580.8M | 578.1M | 580.5M | 609.5M | |
Net Debt | 150.5M | 166.1M | 68.9M | (18.2M) | (22.9M) | (21.8M) | |
Retained Earnings | 318.6M | 342.3M | 410.7M | 498.2M | 467.8M | 491.2M | |
Accounts Payable | 17.0M | 11.7M | 18.6M | 14.4M | 70.7M | 74.2M | |
Cash | 60.5M | 28.3M | 33.5M | 38.8M | 43.4M | 45.5M | |
Non Current Assets Total | 531.7M | 598.7M | 606.4M | 603.5M | 615.4M | 646.2M | |
Non Currrent Assets Other | 908K | (598.6M) | (19.6M) | (23.0M) | 23.1M | 24.2M | |
Cash And Short Term Investments | 60.5M | 28.3M | 33.5M | 38.8M | 43.4M | 45.5M | |
Net Receivables | 5.6M | 28.6M | 35.8M | 34.6M | 13.0M | 7.1M | |
Common Stock Shares Outstanding | 18.7M | 18.9M | 19.4M | 19.6M | 19.6M | 14.6M | |
Liabilities And Stockholders Equity | 610.9M | 671.9M | 690.5M | 692.9M | 690.4M | 724.9M | |
Non Current Liabilities Total | 190.2M | 194.4M | 101.3M | 36.2M | 53.9M | 61.6M | |
Inventory | 6.7M | 7.8M | 7.2M | 7.6M | 7.6M | 8.0M | |
Other Current Assets | 6.2M | 8.4M | 7.6M | 8.5M | 11.0M | 11.5M | |
Other Stockholder Equity | 22.4M | 25.6M | 37.1M | 40.5M | 45.1M | 47.4M | |
Total Liab | 269.7M | 303.8M | 242.4M | 154.0M | 177.2M | 101.8M | |
Property Plant And Equipment Gross | 501.5M | 572.5M | 834.4M | 870.1M | 904.4M | 949.7M | |
Total Current Assets | 79.2M | 73.2M | 84.1M | 89.4M | 75.0M | 78.7M | |
Other Assets | 6.4M | 6.3M | 3.6M | 130K | 149.5K | 142.0K | |
Long Term Debt | 175.4M | 167.2M | 68.2M | 5.5M | 6.3M | 6.0M | |
Property Plant Equipment | 501.5M | 572.5M | 580.8M | 578.1M | 664.8M | 698.0M | |
Net Tangible Assets | 341.2M | 368.1M | 422.4M | 513.5M | 590.5M | 312.2M | |
Retained Earnings Total Equity | 286.8M | 318.6M | 342.3M | 410.7M | 472.3M | 256.0M | |
Long Term Debt Total | 94.5M | 175.4M | 167.2M | 68.2M | 78.4M | 83.4M | |
Capital Surpluse | 30.1M | 35.2M | 34.5M | 41.4M | 47.6M | 33.2M | |
Deferred Long Term Liab | 1.4M | 800K | 13.2M | 19.6M | 22.6M | 23.7M | |
Accumulated Depreciation | (197.6M) | (206.7M) | (220.0M) | (229.8M) | (206.8M) | (217.1M) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarch Casino Resort. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Monarch Casino's price analysis, check to measure Monarch Casino's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Monarch Casino is operating at the current time. Most of Monarch Casino's value examination focuses on studying past and present price action to predict the probability of Monarch Casino's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monarch Casino's price. Additionally, you may evaluate how the addition of Monarch Casino to your portfolios can decrease your overall portfolio volatility.
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Is Monarch Casino's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Monarch Casino. If investors know Monarch will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Monarch Casino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.033 | Dividend Share 1.2 | Earnings Share 4.23 | Revenue Per Share 26.296 | Quarterly Revenue Growth 0.043 |
The market value of Monarch Casino Resort is measured differently than its book value, which is the value of Monarch that is recorded on the company's balance sheet. Investors also form their own opinion of Monarch Casino's value that differs from its market value or its book value, called intrinsic value, which is Monarch Casino's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Monarch Casino's market value can be influenced by many factors that don't directly affect Monarch Casino's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Monarch Casino's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monarch Casino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monarch Casino's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.