What is the level of liabilities of Monro this year?
Monro has a debt balance of 1.04 B USD this year.
Monro Liabilities 2024
Monro Liabilities
1.04 B USD
Ticker
MNRO
ISIN
US6102361010
WKN
882462
In 2024, Monro's total liabilities amounted to 1.04 B USD, a -4.82% difference from the 1.09 B USD total liabilities in the previous year.
Monro Aktienanalyse
What does Monro do?
Monro Inc is an American company specializing in the manufacturing and marketing of automotive parts and accessories. It was founded in 1957 and is headquartered in Rochester, New York. The company has become one of the industry's leading providers. Monro Inc's history began over 60 years ago when Charles August "Chuck" Augustus Monro opened his first Monroe Auto Supply Store in Rochester, New York. Over the years, the company expanded and opened branches in various parts of the United States. In 1977, the company was renamed Monro Muffler Brake Inc to reflect the broader range of products it offered. Through acquisitions and expansions, the company grew and was renamed Monro Inc in 2017. Monro Inc operates in two main business areas: vehicle servicing, repairs, and maintenance, as well as the sale of automotive parts and accessories. The service division includes services such as oil changes, tire changes, battery replacements, brake services, exhaust services, and inspections. The company owns and operates over 1200 stores in the USA, Canada, and Puerto Rico under various brand names such as Monro Auto Service and Tire Centers, Speedy Auto Service, Tread Quarters Discount Tire, and Mr. Tire Auto Service Centers. Monro Inc's sales segment includes a wide range of automotive parts and accessories, sold in the company's stores and online under the Parts Warehouse brand. The product range includes parts for brakes, steering, suspension, engines, fuel systems, air conditioning, and more. The company has also expanded its online business and sells its products on online marketplaces such as Amazon and eBay. Monro Inc has expanded its business through the acquisition of other companies and invests in the acquisition of companies that can bring it into new areas and markets. In 2017, the company acquired K&M Tire, one of the largest tire dealers in the USA. In 2019, the company acquired Boston-based McGee Tire Stores to further expand its business in Florida and New England. An example of a product in Monroe's catalog is the Monroe Shock Absorber. Monroe is a renowned manufacturer of shock absorbers, which play a crucial role in driving safety. Shock absorbers help keep the vehicle stable on the road and minimize the risk of accidents caused by road bumps, potholes, high speeds, or turns. Monroe shock absorbers are available in various models specifically tailored to the needs of certain vehicles. Monro Inc is an innovative company that continuously expands its business and enhances its portfolio with new products and services. The company is also committed to introducing new technologies that will transform the way vehicles are maintained and serviced. Monro boasts a strong management team focused on implementing a strategy that keeps the company on track for growth and success. In summary, Monro Inc is a leading provider of automotive parts and accessories, as well as repair and maintenance services. The company has a long history in the industry and strives to expand its business and remain innovative. With a wide range of products and services and a strong management team, the company will continue to evolve and fulfill the needs of its customers. Monro ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Monro's Liabilities
Monro's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Monro's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Monro's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Monro's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Monro’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Monro Stock
What were the liabilities of Monro compared to the previous year?
The liabilities of Monro have increased by -4.82% dropped compared to the previous year.
What are the consequences of high debt for investors of Monro?
High liabilities can pose a risk for investors of Monro, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Monro?
Low liabilities mean that Monro has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Monro affect the company?
An increase in liabilities of Monro can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Monro affect the company?
A decrease in the liabilities of Monro can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Monro?
Some factors that can influence the liabilities of Monro include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Monro so important for investors?
The liabilities of Monro are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Monro take to modify the liabilities?
To change its liabilities, Monro can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Monro pay?
Over the past 12 months, Monro paid a dividend of 0.56 USD . This corresponds to a dividend yield of about 2.41 %. For the coming 12 months, Monro is expected to pay a dividend of 0.57 USD.
What is the dividend yield of Monro?
The current dividend yield of Monro is 2.41 %.
When does Monro pay dividends?
Monro pays a quarterly dividend. This is distributed in the months of September, January, April, July.
How secure is the dividend of Monro?
Monro paid dividends every year for the past 22 years.
What is the dividend of Monro?
For the upcoming 12 months, dividends amounting to 0.57 USD are expected. This corresponds to a dividend yield of 2.47 %.
In which sector is Monro located?
Monro is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Monro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Monro from 6/18/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 6/4/2024.
When did Monro pay the last dividend?
The last dividend was paid out on 6/18/2024.
What was the dividend of Monro in the year 2023?
In the year 2023, Monro distributed 1.12 USD as dividends.
In which currency does Monro pay out the dividend?
The dividends of Monro are distributed in USD.
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Andere Kennzahlen von Monro
Our stock analysis for Monro Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Monro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
