Monarch Casino & Resort Balance Sheet Health
Financial Health criteria checks 5/6
Monarch Casino & Resort has a total shareholder equity of $508.9M and total debt of $5.5M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are $677.3M and $168.4M respectively. Monarch Casino & Resort's EBIT is $116.7M making its interest coverage ratio 113.2. It has cash and short-term investments of $39.5M.
Key information
1.1%
Debt to equity ratio
US$5.50m
Debt
| Interest coverage ratio | 113.2x |
| Cash | US$39.48m |
| Equity | US$508.91m |
| Total liabilities | US$168.35m |
| Total assets | US$677.27m |
Recent financial health updates
Does Monarch Casino & Resort (NASDAQ:MCRI) Have A Healthy Balance Sheet?
Mar 25
Is Monarch Casino & Resort (NASDAQ:MCRI) A Risky Investment?
Dec 14We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Manage Its Debt With Ease
Jun 03We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Stay On Top Of Its Debt
Mar 01Monarch Casino & Resort (NASDAQ:MCRI) Has A Pretty Healthy Balance Sheet
Oct 04Is Monarch Casino & Resort (NASDAQ:MCRI) Using Too Much Debt?
Jun 17Recent updates
Monarch Casino & Resort (NASDAQ:MCRI) Has Announced A Dividend Of $0.30
Apr 22Monarch Casino & Resort: Stable Profitability With Acceptable Margins
Apr 02Does Monarch Casino & Resort (NASDAQ:MCRI) Have A Healthy Balance Sheet?
Mar 25Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Feb 17Monarch Casino Will Grow With The Eventual Reversion Of Consumer Spending
Jan 15Monarch Casino & Resort (NASDAQ:MCRI) Is Very Good At Capital Allocation
Jan 04Is Monarch Casino & Resort (NASDAQ:MCRI) A Risky Investment?
Dec 14Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)
Aug 18Is It Time To Consider Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Jul 18An Intrinsic Calculation For Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Suggests It's 23% Undervalued
Jul 06We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Manage Its Debt With Ease
Jun 03If EPS Growth Is Important To You, Monarch Casino & Resort (NASDAQ:MCRI) Presents An Opportunity
May 10Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)
Apr 21We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Stay On Top Of Its Debt
Mar 01Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Feb 06We Like Monarch Casino & Resort's (NASDAQ:MCRI) Returns And Here's How They're Trending
Jan 19Is There Now An Opportunity In Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Dec 08Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Nov 02Monarch Casino & Resort GAAP EPS of $1.41, revenue of $133.73M
Oct 19Monarch Casino & Resort (NASDAQ:MCRI) Has A Pretty Healthy Balance Sheet
Oct 04Is Now An Opportune Moment To Examine Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Aug 27Estimating The Intrinsic Value Of Monarch Casino & Resort, Inc. (NASDAQ:MCRI)
Aug 15Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Aug 03Monarch Casino: Best Gaming Stock Bet, Say Portfolio Wealth Builders
Jul 29We Like These Underlying Return On Capital Trends At Monarch Casino & Resort (NASDAQ:MCRI)
Jul 22Is Monarch Casino & Resort (NASDAQ:MCRI) Using Too Much Debt?
Jun 17Should You Think About Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Now?
May 21Monarch Casino: Fully Valued Now But Run Room Supports Strong Buy Guidance
May 16Casino Gaming Stocks Best Bet: Monarch Casino Says Wall Street Market-Makers
May 10Does Monarch Casino & Resort (NASDAQ:MCRI) Deserve A Spot On Your Watchlist?
May 03Investors Met With Slowing Returns on Capital At Monarch Casino & Resort (NASDAQ:MCRI)
Apr 05Monarch Casino & Resort (NASDAQ:MCRI) Has A Pretty Healthy Balance Sheet
Mar 07Is It Too Late To Consider Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Feb 06Is There An Opportunity With Monarch Casino & Resort, Inc.'s (NASDAQ:MCRI) 50% Undervaluation?
Jan 24Here's Why I Think Monarch Casino & Resort (NASDAQ:MCRI) Might Deserve Your Attention Today
Dec 26The Returns At Monarch Casino & Resort (NASDAQ:MCRI) Aren't Growing
Dec 14Financial Position Analysis
Short Term Liabilities: MCRI's short term assets ($66.5M) do not cover its short term liabilities ($130.2M).
Long Term Liabilities: MCRI's short term assets ($66.5M) exceed its long term liabilities ($38.2M).
Debt to Equity History and Analysis
Debt Level: MCRI has more cash than its total debt.
Reducing Debt: MCRI's debt to equity ratio has reduced from 35.6% to 1.1% over the past 5 years.
Debt Coverage: MCRI's debt is well covered by operating cash flow (3146.3%).
Interest Coverage: MCRI's interest payments on its debt are well covered by EBIT (113.2x coverage).