Monarch Casino Net Income vs. Number Of Shares Shorted

MCRI Stock  USD 84.42  0.80  0.96%   
Considering Monarch Casino's profitability and operating efficiency indicators, Monarch Casino's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Monarch Casino's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1993-06-30
Previous Quarter
22.7 M
Current Value
27.6 M
Quarterly Volatility
6.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of now, Monarch Casino's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Monarch Casino's current Operating Cash Flow Sales Ratio is estimated to increase to 0.36, while Price To Sales Ratio is projected to decrease to 1.56. As of now, Monarch Casino's Income Tax Expense is increasing as compared to previous years. The Monarch Casino's current Net Income Applicable To Common Shares is estimated to increase to about 105.6 M, while Total Other Income Expense Net is projected to decrease to (1.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.410.4425
Significantly Down
Very volatile
Net Profit Margin0.170.1644
Sufficiently Up
Slightly volatile
Operating Profit Margin0.110.2197
Way Down
Slightly volatile
Pretax Profit Margin0.230.2164
Notably Up
Slightly volatile
Return On Assets0.130.1211
Notably Up
Slightly volatile
Return On Equity0.0880.1607
Way Down
Slightly volatile
For Monarch Casino profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Monarch Casino to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Monarch Casino Resort utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Monarch Casino's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Monarch Casino Resort over time as well as its relative position and ranking within its peers.
  

Monarch Casino's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
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.

Monarch Casino Resort Number Of Shares Shorted vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Monarch Casino's current stock value. Our valuation model uses many indicators to compare Monarch Casino value to that of its competitors to determine the firm's financial worth.
Monarch Casino Resort is rated below average in net income category among its peers. It is rated below average in number of shares shorted category among its peers . The ratio of Net Income to Number Of Shares Shorted for Monarch Casino Resort is about  525.02 . As of now, Monarch Casino's Net Income is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Monarch Casino's earnings, one of the primary drivers of an investment's value.

Monarch Number Of Shares Shorted vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Monarch Casino

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
82.45 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Monarch Casino

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
157.04 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Monarch Number Of Shares Shorted Comparison

Monarch Casino is currently under evaluation in number of shares shorted category among its peers.

Monarch Casino Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Monarch Casino, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Monarch Casino will eventually generate negative long term returns. The profitability progress is the general direction of Monarch Casino's change in net profit over the period of time. It can combine multiple indicators of Monarch Casino, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income110.2 M115.7 M
Income Before Tax108.5 M114 M
Total Other Income Expense Net-1.6 M-1.7 M
Net Income82.4 M86.6 M
Income Tax Expense26.1 M27.4 M
Net Income Applicable To Common Shares100.6 M105.6 M
Net Income From Continuing Ops82.4 M86.6 M
Interest Income 900.00  855.00 
Net Interest Income-1.6 M-1.7 M
Non Operating Income Net Other-4.1 M-3.9 M
Change To Netincome10 M5.9 M
Net Income Per Share 4.28  4.50 
Income Quality 2.10  2.32 
Net Income Per E B T 0.76  0.55 

Monarch Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Monarch Casino. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Monarch Casino position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Monarch Casino's important profitability drivers and their relationship over time.

Use Monarch Casino in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Monarch Casino position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Monarch Casino will appreciate offsetting losses from the drop in the long position's value.

Monarch Casino Pair Trading

Monarch Casino Resort Pair Trading Analysis

The ability to find closely correlated positions to Monarch Casino could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monarch Casino when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Monarch Casino - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Monarch Casino Resort to buy it.
The correlation of Monarch Casino is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Monarch Casino moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monarch Casino Resort moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Monarch Casino can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Monarch Casino position

In addition to having Monarch Casino in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Obamacare
Obamacare Theme
Health care services and providers including hospitals, clinics and nursing homes that hope to benefit from Obamacare program. The Obamacare theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Theme or any other thematic opportunities.
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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.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Monarch Casino's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Monarch Casino Resort at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Monarch Casino's income statement, its balance sheet, and the statement of cash flows.
Potential Monarch Casino investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Monarch Casino investors may work on each financial statement separately, they are all related. The changes in Monarch Casino's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Monarch Casino's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.