Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI) [Yahoo! Finance]
Monarch Casino & Resort, Inc. (MCRI)
Last monarch casino & resort, inc. earnings: 4/22 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
monarchblackhawk.com
Company Research
Source: Yahoo! Finance
Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Monarch Casino & Resort's NASDAQ:MCRI ) returns on capital, so let's have a look. Understanding Return On Capital Employed (ROCE) For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Monarch Casino & Resort is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.22 = US$117m ÷ (US$672m - US$136m) (Based on the trailing twelve months to June 2024) Therefore, Monarch Casino & Resort has an ROCE of 22%. In absolute terms that's a
Show less
Read more
Impact Snapshot
Event Time:
MCRI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCRI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCRI alerts
High impacting Monarch Casino & Resort, Inc. news events
Weekly update
A roundup of the hottest topics
MCRI
News
- Is Monarch Casino & Resort (MCRI) Stock Outpacing Its Consumer Discretionary Peers This Year? [Yahoo! Finance]Yahoo! Finance
- 3 Small-Cap Blend Mutual Funds for Sublime Returns [Yahoo! Finance]Yahoo! Finance
- Monarch And MGM Are Our Top Picks With Compelling P/Es Among Our 'Big Six' [Seeking Alpha]Seeking Alpha
- Monarch Casino & Resort, Inc. (MCRI): The Best Small-Cap Casino Stock According To Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- What Makes Monarch Casino (MCRI) a New Strong Buy Stock [Yahoo! Finance]Yahoo! Finance
MCRI
Earnings
- 7/24/24 - Beat
MCRI
Sec Filings
- 8/8/24 - Form 10-Q
- 8/2/24 - Form 4
- 8/1/24 - Form 4
- MCRI's page on the SEC website