Monarch Income Tax Expense from 2010 to 2024

MCRI Stock  USD 85.69  0.16  0.19%   
Monarch Casino's Income Tax Expense is increasing with slightly volatile movements from year to year. Income Tax Expense is estimated to finish at about 27.4 M this year. For the period between 2010 and 2024, Monarch Casino, Income Tax Expense quarterly trend regression had median of  10,634,045 and r-value of  0.62. View All Fundamentals
 
Income Tax Expense  
First Reported
1993-06-30
Previous Quarter
6.6 M
Current Value
7.5 M
Quarterly Volatility
2.2 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 49.7 M, Interest Expense of 1.5 M or Total Revenue of 526.6 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0678 or PTB Ratio of 2.74. Monarch financial statements analysis is a perfect complement when working with Monarch Casino Valuation or Volatility modules.
  
Check out the analysis of Monarch Casino Correlation against competitors.

Latest Monarch Casino's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Monarch Casino Resort over the last few years. It is Monarch Casino's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Monarch Income Tax Expense Regression Statistics

Arithmetic Mean11,023,161
Coefficient Of Variation86.35
Mean Deviation7,128,243
Median10,634,045
Standard Deviation9,518,001
Sample Variance90.6T
Range36.1M
R-Value0.62
Mean Square Error60.2T
R-Squared0.38
Significance0.01
Slope1,317,472
Total Sum of Squares1268.3T

Monarch Income Tax Expense History

202427.4 M
202326.1 M
202221.5 M
202116.9 M
2020-8.7 M
20197.8 M
20188.6 M

About Monarch Casino Financial Statements

Investors use fundamental indicators, such as Monarch Casino's Income Tax Expense, 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
Income Tax Expense26.1 M27.4 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
4.53
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.