Monarch Book Value per Share vs Interest Expense Analysis
MCRI Stock | USD 66.54 3.03 4.36% |
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 Book Value Per Share and its Interest Expense 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.
Book Value Per Share vs Interest Expense
Book Value per Share vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarch Casino Resort Book Value per Share account and Interest Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Monarch Casino's Book Value per Share and Interest Expense is 0.2. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Interest Expense 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 Book Value per Share and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Monarch Casino Resort are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Book Value per Share i.e., Monarch Casino's Book Value per Share and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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
Click cells to compare fundamentals
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) |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Monarch Stock analysis
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.
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
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 0.9 | Earnings Share 4.2 | 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.