Monarch Casino & Resort Debt 2024

Monarch Casino & Resort Aktienanalyse

What does Monarch Casino & Resort do?

Monarch Casino & Resort Inc. is a company specializing in casino and hotel operations. It was founded in 1993 and is headquartered in Reno, Nevada. The company is listed on the NASDAQ stock exchange under the ticker symbol MCRI. Monarch Casino & Resort Inc.'s business model revolves around providing top-tier casino entertainment and hotel accommodation options for its guests. The company currently operates two locations, the Monarch Casino Black Hawk in Colorado and the Atlantis Casino Resort Spa in Reno, Nevada. Both locations offer high-quality casino games and upscale accommodations for guests. The Monarch Casino Black Hawk in Colorado is the company's newest project, opened in 2019. It is a fully integrated entertainment experience built on a 40,000 square meter property. The casino offers over 900 slot machines, table games, and poker, as well as a top-notch sports betting offering. The hotel has 23 floors and offers 516 luxurious rooms and suites equipped with state-of-the-art technology and amenities. The property also features a spa, fitness center, swimming pool, and rooftop terrace with stunning views of the Rocky Mountains. The Atlantis Casino Resort Spa in Reno, Nevada is a popular destination for vacationers and business travelers. The casino offers over 1,400 slot machines, table games, and poker, as well as a top-notch sports betting offering. The hotel has 824 rooms and suites, all equipped with state-of-the-art technology and amenities. The property also features multiple restaurants, bars, a spa, fitness center, swimming pool, and conference center. Monarch Casino & Resort Inc. is committed to creating a memorable experience for its guests. The company places great emphasis on customer service and continuously invests in cutting-edge technology and amenities. The company also operates several restaurants and retail stores at its locations to offer guests a wide range of dining and shopping experiences. Monarch Casino is a major player in the tourism industry and is continuously striving to expand and improve its business. The company is currently planning to open a new project in Reno, Nevada called the "Monarch Reno Experience." The property will include a casino, hotel, conference space, and multiple restaurants and retail stores. Overall, Monarch Casino & Resort Inc. is a company specializing in top-tier casino entertainment and hotel accommodations. The company currently operates two locations and plans to expand its business. The company is committed to providing its guests with a memorable experience and continuously invests in modern technology and amenities. With its high-quality entertainment offerings and upscale accommodation options, the company remains a major player in the tourism industry. Monarch Casino & Resort ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Monarch Casino & Resort's Debt Structure

Monarch Casino & Resort's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Monarch Casino & Resort's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Monarch Casino & Resort’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Monarch Casino & Resort’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Monarch Casino & Resort Stock

What is the debt of Monarch Casino & Resort this year?

Monarch Casino & Resort has a debt level of -37.86 USD this year.

What was the debt of Monarch Casino & Resort compared to the previous year?

The debt of Monarch Casino & Resort has increased by 17.95% compared to the previous year increased.

What are the consequences of high debt for investors in Monarch Casino & Resort?

High debt can pose a risk for investors of Monarch Casino & Resort, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Monarch Casino & Resort?

Low debt means that Monarch Casino & Resort has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Monarch Casino & Resort affect the company?

An increase in debt of Monarch Casino & Resort can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Monarch Casino & Resort affect the company?

A reduction in debt of Monarch Casino & Resort can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Monarch Casino & Resort?

Some factors that can influence the debt of Monarch Casino & Resort include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Monarch Casino & Resort so important for investors?

The debts of Monarch Casino & Resort are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Monarch Casino & Resort take to change the debt?

To change the debt, Monarch Casino & Resort can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Monarch Casino & Resort pay?

Over the past 12 months, Monarch Casino & Resort paid a dividend of 5.9 USD . This corresponds to a dividend yield of about 8.79 %. For the coming 12 months, Monarch Casino & Resort is expected to pay a dividend of 5.9 USD.

What is the dividend yield of Monarch Casino & Resort?

The current dividend yield of Monarch Casino & Resort is 8.79 %.

When does Monarch Casino & Resort pay dividends?

Monarch Casino & Resort pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Monarch Casino & Resort?

Monarch Casino & Resort paid dividends every year for the past 0 years.

What is the dividend of Monarch Casino & Resort?

For the upcoming 12 months, dividends amounting to 5.9 USD are expected. This corresponds to a dividend yield of 8.79 %.

In which sector is Monarch Casino & Resort located?

Monarch Casino & Resort is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Monarch Casino & Resort kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Monarch Casino & Resort from 6/15/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Monarch Casino & Resort pay the last dividend?

The last dividend was paid out on 6/15/2024.

What was the dividend of Monarch Casino & Resort in the year 2023?

In the year 2023, Monarch Casino & Resort distributed 0 USD as dividends.

In which currency does Monarch Casino & Resort pay out the dividend?

The dividends of Monarch Casino & Resort are distributed in USD.