Monarch Historical Income Statement
MCRI Stock | USD 83.18 0.36 0.43% |
Historical analysis of Monarch Casino income statement accounts such as Gross Profit of 233 M can show how well Monarch Casino Resort performed in making a profits. Evaluating Monarch Casino income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Monarch Casino's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Monarch Casino Resort latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Monarch Casino Resort is a good buy for the upcoming year.
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About Monarch Income Statement Analysis
Monarch Casino Resort Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Monarch Casino shareholders. The income statement also shows Monarch investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Monarch Casino Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Monarch Casino Resort generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Monarch Casino Resort minus its cost of goods sold. It is profit before Monarch Casino operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Monarch Casino Resort. It is also known as Monarch Casino overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Monarch Casino Resort operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Monarch Casino Resort is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Monarch Casino's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. As of now, Monarch Casino's Other Operating Expenses is increasing as compared to previous years. The Monarch Casino's current Operating Income is estimated to increase to about 115.7 M, while Interest Expense is projected to decrease to under 1.5 M.
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 income statement Correlations
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Monarch Casino income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 14.9M | 17.3M | 38.4M | 43.4M | 47.3M | 49.7M | |
Interest Expense | 1K | 273K | 4.5M | 2.4M | 1.6M | 1.5M | |
Total Revenue | 249.2M | 184.4M | 395.4M | 477.9M | 501.5M | 526.6M | |
Gross Profit | 126.9M | 99.7M | 217.7M | 259.6M | 221.9M | 233.0M | |
Other Operating Expenses | 209.6M | 169.1M | 305.5M | 366.4M | 391.3M | 410.9M | |
Operating Income | 39.6M | 15.3M | 89.9M | 111.4M | 110.2M | 115.7M | |
Ebit | 39.6M | 15.3M | 89.9M | 111.4M | 116.1M | 121.9M | |
Ebitda | 54.5M | 32.6M | 128.3M | 154.9M | 163.4M | 171.5M | |
Cost Of Revenue | 122.3M | 84.7M | 177.7M | 218.3M | 279.6M | 293.6M | |
Total Operating Expenses | 87.3M | 84.4M | 127.8M | 148.2M | 221.9M | 233.0M | |
Income Before Tax | 39.6M | 15.0M | 85.4M | 109.0M | 108.5M | 114.0M | |
Total Other Income Expense Net | 1K | (273K) | (4.5M) | (2.4M) | (1.6M) | (1.7M) | |
Net Income | 31.8M | 23.7M | 68.5M | 87.5M | 82.4M | 86.6M | |
Income Tax Expense | 7.8M | (8.7M) | 16.9M | 21.5M | 26.1M | 27.4M | |
Selling General Administrative | 64.3M | 55.9M | 75.1M | 88.5M | 96.8M | 51.2M | |
Net Income Applicable To Common Shares | 31.8M | 23.7M | 68.5M | 87.5M | 100.6M | 105.6M | |
Net Income From Continuing Ops | 31.8M | 23.7M | 68.5M | 87.5M | 82.4M | 86.6M | |
Selling And Marketing Expenses | 5M | 4.5M | 9.3M | 9.1M | 9M | 6.7M | |
Tax Provision | 7.8M | (8.7M) | 16.9M | 21.5M | 26.1M | 13.6M | |
Net Interest Income | 1K | (273K) | (4.5M) | (2.4M) | (1.6M) | (1.7M) | |
Reconciled Depreciation | 14.9M | 17.3M | 38.4M | 43.4M | 47.3M | 30.0M |
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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 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 0.195 | Dividend Share 1.2 | Earnings Share 4.51 | Revenue Per Share 27.4 | Quarterly Revenue Growth 0.037 |
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.