Monarch Price to Sales Ratio vs Accounts Payable 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 Price To Sales Ratio and its Accounts Payable 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.

Price To Sales Ratio vs Accounts Payable

Price to Sales Ratio vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarch Casino Resort Price to Sales Ratio account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Monarch Casino's Price to Sales Ratio and Accounts Payable is -0.06. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Accounts Payable 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 Price to Sales Ratio and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Monarch Casino Resort are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Price to Sales Ratio i.e., Monarch Casino's Price to Sales Ratio and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Monarch Casino Resort stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Monarch Casino sales, a figure that is much harder to manipulate than other Monarch Casino Resort multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Accounts Payable

An accounting item on the balance sheet that represents Monarch Casino obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Monarch Casino Resort are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

Interest Expense Depreciation And Amortization

Monarch Casino fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.37	0.77	0.95	0.96	1.0	0.2	0.96	0.63	0.84	1.0	0.01	0.84	0.72	0.49	0.53	0.99	0.76	0.84	0.78	0.95	0.98	-0.58	0.5	0.5	-0.33
Short Long Term Debt Total	0.37		0.49	0.24	0.12	0.37	0.98	0.12	-0.18	0.42	0.37	-0.29	0.42	0.26	0.35	0.97	0.38	0.05	0.1	0.83	0.12	0.38	0.01	0.16	0.16	-0.11
Other Current Liab	0.77	0.49		0.77	0.68	0.77	0.41	0.68	0.09	0.46	0.77	-0.18	0.46	0.94	0.75	0.54	0.74	0.43	0.59	0.82	0.67	0.78	-0.34	0.37	0.37	-0.24
Total Current Liabilities	0.95	0.24	0.77		0.94	0.95	0.09	0.93	0.64	0.71	0.95	0.02	0.71	0.76	0.45	0.41	0.94	0.72	0.85	0.7	0.96	0.92	-0.58	0.42	0.43	-0.34
Total Stockholder Equity	0.96	0.12	0.68	0.94		0.96	-0.06	1.0	0.7	0.81	0.96	0.11	0.81	0.69	0.45	0.29	0.95	0.79	0.86	0.6	0.97	0.95	-0.61	0.51	0.52	-0.27
Property Plant And Equipment Net	1.0	0.37	0.77	0.95	0.96		0.21	0.95	0.63	0.82	1.0	-0.03	0.82	0.73	0.49	0.54	0.99	0.76	0.86	0.79	0.96	0.97	-0.61	0.46	0.47	-0.36
Net Debt	0.2	0.98	0.41	0.09	-0.06	0.21		-0.06	-0.33	0.21	0.2	-0.37	0.21	0.2	0.27	0.92	0.21	-0.09	-0.04	0.73	-0.05	0.2	0.1	0.04	0.03	-0.11
Retained Earnings	0.96	0.12	0.68	0.93	1.0	0.95	-0.06		0.69	0.81	0.96	0.1	0.81	0.68	0.44	0.29	0.94	0.8	0.81	0.59	0.96	0.95	-0.54	0.57	0.58	-0.25
Accounts Payable	0.63	-0.18	0.09	0.64	0.7	0.63	-0.33	0.69		0.57	0.64	0.19	0.57	0.1	-0.08	0.02	0.64	0.74	0.68	0.19	0.75	0.54	-0.56	0.32	0.33	-0.34
Cash	0.84	0.42	0.46	0.71	0.81	0.82	0.21	0.81	0.57		0.83	0.23	1.0	0.34	0.39	0.52	0.82	0.61	0.64	0.65	0.74	0.87	-0.4	0.55	0.56	-0.05
Non Current Assets Total	1.0	0.37	0.77	0.95	0.96	1.0	0.2	0.96	0.64	0.83		0.0	0.83	0.71	0.48	0.53	0.99	0.76	0.84	0.78	0.95	0.97	-0.59	0.49	0.5	-0.33
Non Currrent Assets Other	0.01	-0.29	-0.18	0.02	0.11	-0.03	-0.37	0.1	0.19	0.23	0.0		0.23	-0.18	0.03	-0.29	-0.06	-0.15	0.17	-0.23	0.09	0.04	-0.14	-0.07	-0.07	0.23
Cash And Short Term Investments	0.84	0.42	0.46	0.71	0.81	0.82	0.21	0.81	0.57	1.0	0.83	0.23		0.34	0.39	0.52	0.82	0.61	0.64	0.65	0.74	0.87	-0.4	0.55	0.56	-0.05
Net Receivables	0.72	0.26	0.94	0.76	0.69	0.73	0.2	0.68	0.1	0.34	0.71	-0.18	0.34		0.67	0.33	0.71	0.43	0.62	0.66	0.7	0.75	-0.4	0.25	0.25	-0.36
Common Stock Shares Outstanding	0.49	0.35	0.75	0.45	0.45	0.49	0.27	0.44	-0.08	0.39	0.48	0.03	0.39	0.67		0.34	0.46	0.16	0.41	0.63	0.39	0.53	-0.29	0.34	0.33	0.04
Non Current Liabilities Total	0.53	0.97	0.54	0.41	0.29	0.54	0.92	0.29	0.02	0.52	0.53	-0.29	0.52	0.33	0.34		0.54	0.22	0.26	0.89	0.3	0.51	-0.13	0.23	0.23	-0.21
Inventory	0.99	0.38	0.74	0.94	0.95	0.99	0.21	0.94	0.64	0.82	0.99	-0.06	0.82	0.71	0.46	0.54		0.79	0.82	0.78	0.94	0.97	-0.57	0.49	0.5	-0.36
Other Current Assets	0.76	0.05	0.43	0.72	0.79	0.76	-0.09	0.8	0.74	0.61	0.76	-0.15	0.61	0.43	0.16	0.22	0.79		0.59	0.44	0.79	0.74	-0.33	0.58	0.59	-0.44
Other Stockholder Equity	0.84	0.1	0.59	0.85	0.86	0.86	-0.04	0.81	0.68	0.64	0.84	0.17	0.64	0.62	0.41	0.26	0.82	0.59		0.54	0.9	0.79	-0.91	0.04	0.05	-0.39
Total Liab	0.78	0.83	0.82	0.7	0.6	0.79	0.73	0.59	0.19	0.65	0.78	-0.23	0.65	0.66	0.63	0.89	0.78	0.44	0.54		0.61	0.77	-0.33	0.38	0.38	-0.32
Property Plant And Equipment Gross	0.95	0.12	0.67	0.96	0.97	0.96	-0.05	0.96	0.75	0.74	0.95	0.09	0.74	0.7	0.39	0.3	0.94	0.79	0.9	0.61		0.92	-0.66	0.4	0.41	-0.43
Total Current Assets	0.98	0.38	0.78	0.92	0.95	0.97	0.2	0.95	0.54	0.87	0.97	0.04	0.87	0.75	0.53	0.51	0.97	0.74	0.79	0.77	0.92		-0.5	0.53	0.54	-0.3
Short Term Debt	-0.58	0.01	-0.34	-0.58	-0.61	-0.61	0.1	-0.54	-0.56	-0.4	-0.59	-0.14	-0.4	-0.4	-0.29	-0.13	-0.57	-0.33	-0.91	-0.33	-0.66	-0.5		0.27	0.27	0.3
Common Stock Total Equity	0.5	0.16	0.37	0.42	0.51	0.46	0.04	0.57	0.32	0.55	0.49	-0.07	0.55	0.25	0.34	0.23	0.49	0.58	0.04	0.38	0.4	0.53	0.27		1.0	0.12
Common Stock	0.5	0.16	0.37	0.43	0.52	0.47	0.03	0.58	0.33	0.56	0.5	-0.07	0.56	0.25	0.33	0.23	0.5	0.59	0.05	0.38	0.41	0.54	0.27	1.0		0.11
Other Assets	-0.33	-0.11	-0.24	-0.34	-0.27	-0.36	-0.11	-0.25	-0.34	-0.05	-0.33	0.23	-0.05	-0.36	0.04	-0.21	-0.36	-0.44	-0.39	-0.32	-0.43	-0.3	0.3	0.12	0.11

Click cells to compare fundamentals

Monarch Casino Account Relationship Matchups

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)

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Monarch Casino in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Monarch Casino's short interest history, or implied volatility extrapolated from Monarch Casino options trading.

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 Architect

When determining whether Monarch Casino Resort offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monarch Casino's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Monarch Casino Resort Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monarch Casino Resort Stock:

How To Invest In Monarch

Details

Is Monarch Stock a good investment?

Details

What is Monarch Casino's Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Consumer Services Companies

View

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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.

	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Monarch Price to Sales Ratio vs Accounts Payable Analysis

Price To Sales Ratio vs Accounts Payable

Price to Sales Ratio vs Accounts Payable Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Accounts Payable

Monarch Casino fundamental ratios Correlations

Monarch Casino Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Monarch Casino fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Monarch Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity

Short Term Debt	- 0.91	Other Stockholder Equity
Short Term Debt	- 0.66	Property Plant And Equipment Gross
Short Term Debt	- 0.61	Property Plant And Equipment Net
Short Term Debt	- 0.61	Total Stockholder Equity
Short Term Debt	- 0.59	Non Current Assets Total
Short Term Debt	- 0.58	Total Current Liabilities