Monarch Casino & Resort, Inc. (MCRI) financial statements (2022 and earlier)

Company profile

Business Address 3800 S VIRGINIA STREET
RENO, NV 89502
State of Incorp. NV
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   30,46229,15126,38321,164
Cash and cash equivalents   30,46229,15126,38321,164
Receivables35,82728,6305,6436,7406,9255,0363,729
Inventory, net of allowances, customer advances and progress billings7,1597,8236,7353,6923,3353,0972,881
Inventory7,1597,8236,7353,6923,3353,0972,881
Prepaid expense7,5528,3936,2385,5084,6124,4873,402
Other undisclosed current assets33,52628,31060,5392792,008408611
Total current assets:84,06473,15679,15546,68146,03139,41131,787
Noncurrent Assets
Property, plant and equipment580,807572,507501,483374,324250,714214,899203,154
Intangible assets, net (including goodwill)25,58826,08426,64927,81528,98030,14631,311
Goodwill25,11125,11125,11125,11125,11125,11125,111
Intangible assets, net (excluding goodwill)4779731,5382,7043,8695,0356,200
Deferred income tax assets 1302,683
Other noncurrent assets  9082,2802,8183,3551,179
Deferred tax assets, net4,0273,5447,354 
Other undisclosed noncurrent assets      7,415
Total noncurrent assets:606,395598,721531,723408,446286,056255,754243,059
TOTAL ASSETS:690,459671,877610,878455,127332,087295,165274,846
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities61,54246,36051,14642,29333,59032,51528,620
Accounts payable18,57511,65517,03711,1828,1848,7206,747
Accrued liabilities42,96734,70534,10931,11125,40623,79521,873
Debt20,00012,50020,791   40,900
Other undisclosed current liabilities59,63650,5847,52817,1525,8232,6051,407
Total current liabilities:141,178109,44479,46559,44539,41335,12070,927
Noncurrent Liabilities
Long-term debt and lease obligation81,650181,146190,21294,50026,20026,200 
Long-term debt, excluding current maturities68,152167,162175,41594,50026,20026,200 
Operating lease, liability13,49813,98414,797
Liabilities, other than long-term debt19,61713,220     
Deferred income tax liabilities19,61713,220 
Total noncurrent liabilities:101,267194,366190,21294,50026,20026,200 
Total liabilities:242,445303,810269,677153,94565,61361,32070,927
Stockholders' equity
Stockholders' equity attributable to parent448,014368,067341,201301,182266,474233,845203,919
Common stock191191191191191191191
Treasury stock, value(4,341)(8,872)(12,777)(15,876)(18,123)(22,158)(26,404)
Additional paid in capital41,42634,49835,21530,11126,89023,83422,728
Retained earnings410,738342,250318,572286,756257,516231,978207,404
Total stockholders' equity:448,014368,067341,201301,182266,474233,845203,919
TOTAL LIABILITIES AND EQUITY:690,459671,877610,878455,127332,087295,165274,846

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues395,377184,413249,166240,315230,726217,032202,245
Revenue, net230,726217,032202,245
Cost of revenue(200)(169,142)(209,591)(197,489)(126,034)(120,003)(114,680)
Cost of goods and services sold    (112,205)(105,242)(98,969)
Provision for loan, lease, and other losses(200)   
Other undisclosed gross profit(305,300)      
Gross profit:89,87715,27139,57542,826104,69297,02987,565
Operating expenses    (64,026)(58,481)(55,010)
Operating income:89,87715,27139,57542,82640,66638,54832,555
Nonoperating income (expense)(4,506)(273)1(177)(967)(616) 
Other nonoperating expense(4,506)(273)(1)    
Interest and debt expense (764)(538)(177)(967)(616)(679)
Income from continuing operations before equity method investments, income taxes:85,37114,23439,03842,47238,73237,31631,876
Other undisclosed income from continuing operations before income taxes 764538177967616 
Income from continuing operations before income taxes:85,37114,99839,57642,64939,69937,93231,876
Income tax expense (benefit)(16,883)8,680(7,760)(8,551)(14,161)(13,358)(11,217)
Net income available to common stockholders, diluted:68,48823,67831,81634,09825,53824,57420,659

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:68,48823,67831,81634,09825,53824,57420,659
Comprehensive income, net of tax, attributable to parent:68,48823,67831,81634,09825,53824,57420,659

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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