Company Information

  

Address: 3800 S VIRGINIA STREET
EXECUTIVE OFFICES 
City: RENO 
State: NV 
Zip Code: 89502 
Telephone: 775-335-4600 

Description of Business

Primary SIC Code: 7011
(As filed with the SEC)  

Monarch Casino & Resort, Inc. was incorporated in Nevada in 1993 and, along with its consolidated subsidiaries, is referred to collectively in this Annual Report on Form 10-K as "Monarch," "we," "our," and "us,". Monarch owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the "Atlantis") and Monarch Casino Black Hawk, a casino in Black Hawk, Colorado. In addition, we own separate parcels of land located next to the Atlantis and a parcel of land with an industrial warehouse located between Denver, Colorado and Monarch Casino Black Hawk. We also own Chicago Dogs Eatery, Inc. and Monarch Promotional Association, both of which were formed in relation to licensure requirements for extended hours of liquor operation in Black Hawk, Colorado. Our business strategy is to maximize revenues, operating income and cash flow primarily through our casino, food and beverage operations and, at the Atlantis, our hotel operations.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20181.83NA20.84
09/20181.67NA27.22
06/20181.58NA27.88
03/20181.48NA28.57
12/20171.39NA32.24
09/20171.52NA26.01
06/20171.48NA20.44
03/20171.40NA21.10

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity2.36Total Liab/Total Assets0.34
Net Inc/Total Assets0.07Total Liab/Inv Cap0.39
Net Inc/Inv Cap0.09Total Liab/Comm Equity10.67
Pretax Inc/Net Sales0.18Interest Coverage Ratio241.95
Net Inc/Net Sales0.14Curr Debt/EquityNA
Cash Flow/Net Sales0.24LTD/Equity0.31
SG&A/NetSales0.30Total Debt/Equity0.31
Asset Utilization   Liquidity  
Net Receivables Turnover30.13Quick Ratio0.72
Inventory Turnover31.55Current Ratio0.79
Inventory Day Sales0.08Net Rec/Curr Assets0.15
Net Sales/Work Cap-18.83Inv/Curr Assets0.08
Net Sales/PP&E0.64  

Income Statement (Millions)

  12/31/2018 9/30/2018 6/30/2018 3/31/2018
Total Revenues(Net Sales) 59.78 64.36 59.91 56.27
Cost of Goods Sold 27.99 28.47 27.11 27.29
Selling & Admin Exps 19.20 18.36 17.72 16.73
Operating Income 9.06 13.87 11.34 8.56
Interest Exp 0.00 0.06 0.04 0.08
Pretax Income 9.06 13.81 11.30 8.48
Other Income 0.00 -0.01 -0.00 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 7.26 10.86 9.24 6.74

Balance Sheet (Millions)

Assets 12/31/2018 9/30/2018 6/30/2018 3/31/2018
Cash & Short Term Investments 30.46 34.69 27.13 29.37
Receivables - Total 7.02 6.93 5.46 5.85
Inventories - Total 3.69 3.32 3.30 3.24
Total Current Assets 46.68 49.56 40.07 42.97
Net Property, Plant & Equipment 374.32 342.19 298.68 265.52
Total Assets 455.13 425.82 373.25 343.41
Liabilities        
Accounts Payable 59.45 63.90 55.67 47.73
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 59.45 63.90 55.67 47.73
Long-Term Debt 94.50 69.27 36.97 26.20
Total Liabilities 153.95 133.17 92.64 73.93
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.19 0.19 0.19 0.19
Retained Earnings 286.76 279.50 268.64 259.40
Treasury Stock -15.88 -16.22 -16.50 -17.66
Total Stockholders' Equity 301.18 292.65 280.61 269.47
Total Liabilities and Stockholders' Equity 455.13 425.82 373.25 343.41

Cash Flow Summary (Millions)

Categories 12/31/2018 9/30/2018 6/30/2018 3/31/2018
Net Cash Provided by Operating Activities 13.77 16.52 15.44 13.03
Net Cash Provided by Investing Activities -43.23 -41.26 -28.45 -12.81
Net Cash Provided by Financing Activities 25.23 32.30 10.77 NA

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2014187.7714.180.83
12/2015202.2420.661.21
12/2016217.0324.571.39
12/2017230.7325.541.39
12/2018240.3234.101.83
Growth Rates6.3624.5221.85

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/1812910,93860.94




Report Date : 3/18/2019

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