Monarch Enterprise Value vs Inventory Turnover Analysis
MCRI Stock | USD 69.45 1.14 1.67% |
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 Enterprise Value and its Inventory Turnover 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.
Enterprise Value vs Inventory Turnover
Enterprise Value vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarch Casino Resort Enterprise Value account and Inventory Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Monarch Casino's Enterprise Value and Inventory Turnover is -0.8. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Inventory Turnover 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 Enterprise Value and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Monarch Casino Resort are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Enterprise Value i.e., Monarch Casino's Enterprise Value and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Monarch Casino theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Monarch Casino Resort debt, but would also pocket its cash. Enterprise Value is more accurate representation of Monarch Casino value than its market capitalization because it takes into account all of Monarch Casino Resort existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.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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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.