Monarch Accounts Payable from 2010 to 2025

MCRI Stock  USD 83.47  0.29  0.35%   
Monarch Casino's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 43.3 M this year. Accounts Payable is the amount Monarch Casino Resort owes to suppliers or vendors for products or services received but not yet paid for. It represents Monarch Casino's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1993-09-30
Previous Quarter
13.6 M
Current Value
93.7 M
Quarterly Volatility
8.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Monarch Casino financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Monarch Casino's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.9 M, Interest Expense of 98.8 K or Total Revenue of 548.3 M, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0144 or PTB Ratio of 2.75. Monarch financial statements analysis is a perfect complement when working with Monarch Casino Valuation or Volatility modules.
  
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Check out the analysis of Monarch Casino Correlation against competitors.

Latest Monarch Casino's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Monarch Casino Resort over the last few years. 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. It is 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. Monarch Casino's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Monarch Casino's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Monarch Accounts Payable Regression Statistics

Arithmetic Mean14,982,007
Geometric Mean11,710,978
Coefficient Of Variation78.87
Mean Deviation8,542,764
Median11,182,000
Standard Deviation11,815,843
Sample Variance139.6T
Range41.1M
R-Value0.82
Mean Square Error49T
R-Squared0.67
Significance0.0001
Slope2,035,012
Total Sum of Squares2094.2T

Monarch Accounts Payable History

202543.3 M
202441.2 M
202323.1 M
202214.4 M
202118.6 M
202011.7 M
201917 M

About Monarch Casino Financial Statements

Investors use fundamental indicators, such as Monarch Casino's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Monarch Casino's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable41.2 M43.3 M

Currently Active Assets on Macroaxis

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:
Check out the analysis of Monarch Casino Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Hotels, Restaurants & Leisure space 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
0.129
Dividend Share
1.2
Earnings Share
3.9
Revenue Per Share
28.579
Quarterly Revenue Growth
0.031
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.