Monarch Casino & Resort (MCRI) Financials

$79.53 +1.07 (+1.36%)

As of 12:28 PM Eastern

Annual Income Statements for Monarch Casino & Resort

This table shows Monarch Casino & Resort's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	14	21	25	307	317	32	24	68	87	82	73
Consolidated Net Income / (Loss)	14	21	25	26	34	32	24	68	87	82	73
Net Income / (Loss) Continuing Operations	14	21	25	307	317	32	24	68	87	82	73
Total Pre-Tax Income	21	32	38	40	43	40	15	85	109	109	92
Total Operating Income	22	33	39	320	283	40	15	90	111	110	93
Total Gross Profit	99	107	112	398	364	127	100	218	260	269	281
Total Revenue	188	202	217	510	481	249	184	395	478	501	522
Operating Revenue	230	247	217	559	481	249	184	395	478	501	522
Total Cost of Revenue	89	95	105	112	117	122	85	178	218	232	241
Operating Cost of Revenue	89	95	105	112	117	122	85	178	218	232	241
Total Operating Expenses	77	75	73	78	80	87	84	128	148	159	188
Selling, General & Admin Expense	53	55	58	63	66	72	67	89	105	112	137
Depreciation Expense	18	16	15	15	15	15	17	38	43	47	51
Total Other Income / (Expense), net	-1.10	-0.68	-0.62	0.97	43	0.00	-0.27	-4.51	-2.42	-1.63	-0.10
Other Income / (Expense), net	-	-	-	0.97	-0.18	0.00	-0.27	-4.51	-2.42	-1.63	-0.10
Income Tax Expense	6.93	11	13	14	8.55	7.76	-8.68	17	22	26	20
Basic Earnings per Share	$0.85	$1.22	$1.42	$1.45	$1.91	$1.77	$1.30	$3.68	$4.60	$4.28	$3.91
Weighted Average Basic Shares Outstanding	16.73M	16.95M	17.31M	17.59M	17.85M	18.03M	18.22M	18.62M	19.00M	19.24M	18.61M
Diluted Earnings per Share	$0.83	$1.19	$1.39	$1.39	$1.83	$1.70	$1.25	$3.53	$4.47	$4.20	$3.84
Weighted Average Diluted Shares Outstanding	17.11M	17.34M	17.66M	18.37M	18.57M	18.68M	18.88M	19.43M	19.58M	19.62M	18.97M
Weighted Average Basic & Diluted Shares Outstanding	-129M	413.20M	-2.46B	319.20M	17.95M	18.14M	18.44M	18.70M	19.12M	18.97M	18.46M
Cash Dividends to Common per Share	-	-	-	-	-	-	-	-	-	$5.90	$1.20

This table shows Monarch Casino & Resort's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	27	22	18	22	24	18	18	23	31	1.21
Consolidated Net Income / (Loss)	27	22	18	22	24	18	18	23	28	4.21
Net Income / (Loss) Continuing Operations	27	22	18	22	24	18	18	23	31	1.21
Total Pre-Tax Income	35	28	23	29	32	25	24	29	35	4.15
Total Operating Income	36	28	23	30	32	25	24	30	38	0.90
Total Gross Profit	76	65	60	66	74	69	64	68	76	73
Total Revenue	134	121	117	124	133	128	122	128	138	135
Operating Revenue	134	121	117	124	133	128	122	128	138	135
Total Cost of Revenue	58	56	57	58	59	59	58	60	62	62
Operating Cost of Revenue	58	56	57	58	59	59	58	60	62	62
Total Operating Expenses	40	37	37	36	42	44	40	39	38	72
Selling, General & Admin Expense	29	25	26	25	30	31	28	26	27	56
Depreciation Expense	11	11	11	12	12	12	12	12	13	13
Total Other Income / (Expense), net	-0.87	-0.20	-0.59	-0.78	-0.37	0.11	0.01	-0.21	-0.15	0.25
Other Income / (Expense), net	-0.87	-0.20	-0.59	-0.78	-0.37	0.11	0.01	-0.21	-0.15	0.25
Income Tax Expense	7.99	5.44	4.90	6.52	7.37	7.29	5.54	6.62	7.53	-0.06
Basic Earnings per Share	$1.45	$1.17	$0.92	$1.16	$1.26	$0.94	$0.95	$1.21	$1.50	$0.25
Weighted Average Basic Shares Outstanding	19.00M	19.00M	19.22M	19.24M	19.25M	19.24M	19.28M	18.73M	18.40M	18.61M
Diluted Earnings per Share	$1.41	$1.15	$0.90	$1.14	$1.23	$0.93	$0.93	$1.19	$1.47	$0.25
Weighted Average Diluted Shares Outstanding	19.50M	19.58M	19.65M	19.62M	19.61M	19.62M	19.66M	19.09M	18.75M	18.97M
Weighted Average Basic & Diluted Shares Outstanding	18.96M	19.12M	19.13M	19.14M	19.07M	18.97M	18.74M	18.45M	18.39M	18.46M

This table details how cash moves in and out of Monarch Casino & Resort's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2.25	-0.42	5.22	2.77	1.31	30	-32	5.22	5.25	4.58	15
Net Cash From Operating Activities	31	38	44	49	59	63	31	128	140	173	141
Net Cash From Continuing Operating Activities	31	38	44	49	59	63	31	128	140	173	141
Net Income / (Loss) Continuing Operations	14	21	25	26	34	32	24	68	87	82	73
Consolidated Net Income / (Loss)	14	21	25	26	34	32	24	68	87	82	73
Depreciation Expense	18	16	15	15	15	15	17	38	43	47	51
Amortization Expense	0.31	0.34	0.41	0.54	0.54	0.54	0.76	0.99	1.54	0.31	-0.42
Non-Cash Adjustments To Reconcile Net Income	0.54	0.91	1.70	7.20	5.57	8.41	4.17	4.44	5.27	7.87	8.37
Changes in Operating Assets and Liabilities, net	-1.61	0.40	2.21	1.05	3.93	7.61	-14	16	2.05	35	8.63
Net Cash From Investing Activities	-20	-38	-25	-47	-126	-135	-46	-38	-48	-51	-44
Net Cash From Continuing Investing Activities	-20	-38	-25	-47	-126	-135	-46	-38	-48	-51	-44
Purchase of Property, Plant & Equipment	-22	-38	-26	-50	-137	-125	-89	-47	-39	-49	-47
Sale of Property, Plant & Equipment	0.08	0.03	0.03	0.09	0.00	0.07	0.03	0.02	0.44	0.17	0.11
Other Investing Activities, net	1.79	-0.38	1.20	3.22	11	-9.62	42	9.12	-8.93	-2.39	3.54
Net Cash From Financing Activities	-9.15	-0.64	-14	0.00	68	102	-17	-85	-87	-117	-82
Net Cash From Continuing Financing Activities	-9.15	-0.64	-14	0.00	68	102	-17	-84	-87	-117	-82
Repayment of Debt	-7.50	-5.40	-17	-	0.00	-3.75	-27	-93	-86	-73	-51
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-6.50	-5.03	-60
Payment of Dividends	-	-	-	-	-	-	-	0.00	0.00	-113	-22
Issuance of Debt	-	-	-	-	68	106	11	0.00	3.00	72	46
Other Financing Activities, net	-1.65	4.77	3.67	-	0.00	0.00	-0.67	8.13	2.96	2.11	6.21
Cash Interest Paid	0.85	0.37	0.21	0.43	0.19	0.00	0.38	3.07	1.45	1.97	0.99
Cash Income Taxes Paid	7.30	11	12	12	7.31	6.32	0.00	12	16	26	30

This table details how cash moves in and out of Monarch Casino & Resort's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	2.56	5.64	-4.35	0.67	-1.18	9.44	-3.88	-5.98	5.87	19
Net Cash From Operating Activities	46	34	62	26	46	39	38	24	40	38
Net Cash From Continuing Operating Activities	46	34	62	26	46	39	38	24	40	38
Net Income / (Loss) Continuing Operations	27	22	18	22	24	18	18	23	28	4.21
Consolidated Net Income / (Loss)	27	22	18	22	24	18	18	23	28	4.21
Depreciation Expense	11	11	11	12	12	12	12	12	13	13
Amortization Expense	0.40	0.46	0.31	-	-	-	0.00	-	-	-0.42
Non-Cash Adjustments To Reconcile Net Income	1.49	1.63	1.49	1.37	2.30	2.71	1.79	1.97	2.35	2.26
Changes in Operating Assets and Liabilities, net	5.00	-2.12	31	-9.02	7.84	5.58	5.73	-13	-2.74	18
Net Cash From Investing Activities	-5.30	-7.44	-15	-10	-9.00	-17	-18	-13	-3.72	-9.41
Net Cash From Continuing Investing Activities	-5.30	-7.44	-15	-10	-9.00	-17	-18	-13	-3.72	-9.41
Purchase of Property, Plant & Equipment	-4.73	-8.05	-15	-8.43	-8.96	-17	-18	-13	-4.90	-12
Sale of Property, Plant & Equipment	0.01	0.30	0.00	0.09	0.01	0.07	0.05	-	0.02	0.04
Other Investing Activities, net	-0.57	0.31	-0.41	-2.09	-0.05	0.16	-0.31	0.57	1.16	2.12
Net Cash From Financing Activities	-38	-21	-51	-15	-39	-13	-24	-18	-31	-9.02
Net Cash From Continuing Financing Activities	-38	-21	-51	-15	-39	-13	-24	-18	-31	-9.02
Repayment of Debt	-38	-14	-17	-10	-40	-6.00	-29	1.07	-16	-7.00
Repurchase of Common Equity	-	-	-	-	-	-5.03	-	-	-9.68	0.06
Payment of Dividends	-	-	-96	-5.74	-5.74	-5.73	-5.68	-5.55	-5.51	-5.52
Other Financing Activities, net	0.28	-0.50	0.92	0.46	0.07	0.67	0.97	1.33	0.46	3.44
Cash Interest Paid	0.47	0.31	0.52	0.82	0.47	0.16	0.08	0.21	0.30	0.40
Cash Income Taxes Paid	4.37	1.82	-	-	5.54	5.32	-	-	6.00	11

This table presents Monarch Casino & Resort's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	252	275	295	332	455	611	672	690	693	681	692
Total Current Assets	34	32	39	46	47	79	73	84	89	75	90
Cash & Equivalents	22	21	26	29	30	61	28	34	39	43	59
Accounts Receivable	3.05	3.73	5.04	6.93	6.74	5.46	3.74	8.88	9.57	12	10
Inventories, net	2.85	2.88	3.10	3.34	3.69	6.74	7.82	7.16	7.56	7.61	9.30
Prepaid Expenses	4.02	3.40	4.49	4.61	5.51	6.24	8.39	7.55	8.54	11	11
Current Deferred & Refundable Income Taxes	2.77	0.61	0.41	2.01	0.28	0.19	25	27	25	1.01	1.52
Plant, Property, & Equipment, net	180	203	215	251	374	501	573	581	578	580	575
Total Noncurrent Assets	38	40	41	35	34	30	26	26	25	25	26
Goodwill	25	25	25	25	25	25	25	25	25	25	25
Intangible Assets	7.37	6.20	5.04	3.87	2.70	1.54	0.97	0.48	0.35	0.30	0.35
Other Noncurrent Operating Assets	0.61	1.18	3.36	2.82	2.28	0.91	-	-	-	0.00	0.42
Total Liabilities & Shareholders' Equity	252	275	295	332	455	611	672	690	693	681	692
Total Liabilities	75	71	61	66	154	270	304	242	154	168	174
Total Current Liabilities	29	71	35	39	59	79	109	141	118	123	146
Accounts Payable	7.93	6.75	8.72	8.18	11	17	12	19	14	23	41
Accrued Expenses	19	22	24	25	31	34	35	43	46	52	53
Other Current Liabilities	1.79	1.41	2.61	5.82	17	8.32	51	60	51	48	52
Total Noncurrent Liabilities	46	0.00	26	26	95	190	194	33	36	44	27
Long-Term Debt	46	-	26	26	95	175	167	-	0.00	5.50	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	0.00	13	20	23	23	13
Other Noncurrent Operating Liabilities	-	-	-	-	-	15	14	13	13	16	14
Total Equity & Noncontrolling Interests	177	204	234	266	301	341	368	448	539	513	518
Total Preferred & Common Equity	177	204	234	266	301	341	368	448	539	513	518
Preferred Stock	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	177	204	234	266	301	341	368	448	539	513	518
Common Stock	23	23	24	27	30	35	35	42	41	49	63
Retained Earnings	187	207	232	258	287	319	342	411	498	468	518
Treasury Stock	-33	-26	-22	-18	-16	-13	-8.87	-4.34	-0.17	-3.72	-64

This table presents Monarch Casino & Resort's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	689	664	665	664	677	672	671
Total Current Assets	82	57	62	63	66	61	68
Cash & Equivalents	33	34	35	34	39	34	39
Accounts Receivable	9.92	8.00	8.06	11	10	9.86	12
Inventories, net	6.53	6.93	7.17	7.18	7.37	8.10	7.66
Prepaid Expenses	7.75	7.65	7.01	7.93	9.35	7.91	9.35
Current Deferred & Refundable Income Taxes	25	0.00	4.60	2.69	0.00	1.58	0.05
Plant, Property, & Equipment, net	581	581	578	576	585	586	578
Total Noncurrent Assets	25	25	25	25	25	25	25
Goodwill	25	25	25	25	25	25	25
Intangible Assets	0.38	0.32	0.38	0.34	0.26	0.22	0.18
Total Liabilities & Shareholders' Equity	689	664	665	664	677	672	671
Total Liabilities	173	200	183	162	168	174	158
Total Current Liabilities	141	113	106	117	130	136	120
Short-Term Debt	26	0.00	0.00	0.00	5.50	23	7.00
Accounts Payable	17	15	15	20	21	17	13
Accrued Expenses	48	44	43	49	51	47	50
Other Current Liabilities	50	50	48	48	48	49	50
Total Noncurrent Liabilities	33	87	77	45	38	38	38
Long-Term Debt	0.00	51	41	8.00	0.00	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	20	23	23	23	23	23	23
Other Noncurrent Operating Liabilities	13	13	13	14	15	15	15
Total Equity & Noncontrolling Interests	515	463	482	502	509	498	513
Total Preferred & Common Equity	515	463	482	502	509	498	513
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	515	463	482	502	509	498	513
Common Stock	47	43	45	47	52	55	57
Retained Earnings	476	420	437	455	480	498	520
Treasury Stock	-7.86	-0.06	0.00	0.00	-23	-54	-64

This table displays calculated financial ratios and metrics derived from Monarch Casino & Resort's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.52%	7.71%	7.31%	134.98%	-5.75%	-48.16%	-25.99%	114.40%	20.86%	4.94%	4.13%
EBITDA Growth	-14.87%	21.01%	10.17%	525.65%	-11.42%	-81.55%	-39.83%	277.17%	23.41%	1.38%	-8.19%
EBIT Growth	-27.04%	46.52%	18.41%	732.43%	-11.82%	-86.01%	-62.10%	469.22%	27.70%	-0.45%	-14.86%
NOPAT Growth	-21.97%	41.35%	18.36%	724.09%	10.00%	-85.95%	-24.22%	199.07%	24.02%	-6.42%	-12.94%
Net Income Growth	-21.02%	45.64%	18.95%	3.92%	33.52%	-6.69%	-25.58%	189.25%	27.73%	-5.75%	-11.74%
EPS Growth	-21.70%	43.37%	16.81%	0.00%	31.65%	-7.10%	-26.47%	182.40%	26.63%	-6.04%	-8.57%
Operating Cash Flow Growth	-13.42%	22.39%	14.35%	13.09%	18.81%	7.64%	-50.28%	307.40%	9.11%	23.81%	-18.69%
Free Cash Flow Firm Growth	-50.98%	-107.65%	1,785.49%	1,075.59%	-29.14%	-163.40%	75.67%	562.13%	-4.15%	35.31%	-22.67%
Invested Capital Growth	1.67%	10.90%	4.47%	12.78%	38.59%	30.35%	9.10%	-3.23%	0.84%	-6.23%	-3.43%
Revenue Q/Q Growth	0.73%	2.86%	1.93%	121.47%	-6.83%	-54.69%	47.11%	15.38%	2.02%	1.55%	1.23%
EBITDA Q/Q Growth	2.14%	5.90%	4.18%	476.72%	-11.41%	-84.69%	214.21%	24.49%	2.64%	-1.19%	-14.11%
EBIT Q/Q Growth	2.73%	11.03%	6.07%	651.12%	-11.89%	-88.50%	133.33%	30.88%	2.63%	-2.15%	-20.85%
NOPAT Q/Q Growth	13.49%	5.99%	6.28%	628.26%	-17.60%	-87.54%	208.04%	6.27%	2.47%	-5.11%	-18.36%
Net Income Q/Q Growth	14.09%	6.78%	5.80%	-7.51%	9.16%	-3.23%	62.02%	7.22%	3.02%	-4.88%	-16.13%
EPS Q/Q Growth	15.28%	6.25%	5.30%	-8.55%	9.58%	-3.95%	64.47%	6.65%	2.76%	-4.98%	-15.04%
Operating Cash Flow Q/Q Growth	2.44%	3.65%	12.17%	0.32%	-1.58%	2.45%	-9.02%	18.14%	1.27%	3.01%	-0.59%
Free Cash Flow Firm Q/Q Growth	-17.28%	-120.06%	642.14%	4,041.45%	-39.79%	-164.18%	71.60%	17.62%	12.17%	-4.05%	5.05%
Invested Capital Q/Q Growth	1.55%	4.48%	-0.80%	1.53%	11.61%	3.62%	2.88%	1.10%	-0.31%	-0.26%	-4.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.61%	53.02%	51.51%	78.00%	75.64%	50.92%	54.06%	55.05%	54.32%	53.68%	53.78%
EBITDA Margin	21.49%	24.14%	24.79%	65.99%	62.03%	22.07%	17.94%	31.56%	32.23%	31.13%	27.45%
Operating Margin	11.83%	16.10%	17.76%	62.73%	58.91%	15.88%	8.28%	22.73%	23.32%	21.97%	17.71%
EBIT Margin	11.83%	16.10%	17.76%	62.92%	58.87%	15.88%	8.13%	21.59%	22.81%	21.64%	17.69%
Profit (Net Income) Margin	7.55%	10.21%	11.32%	5.01%	7.09%	12.77%	12.84%	17.32%	18.31%	16.44%	13.94%
Tax Burden Percent	67.18%	64.81%	64.78%	64.33%	79.95%	80.39%	157.87%	80.22%	80.24%	75.97%	78.76%
Interest Burden Percent	95.03%	97.91%	98.40%	12.37%	15.07%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	32.82%	35.19%	35.22%	35.67%	20.05%	19.61%	-57.87%	19.78%	19.76%	24.03%	21.24%
Return on Invested Capital (ROIC)	7.46%	9.92%	10.92%	82.79%	72.01%	7.56%	4.84%	14.11%	17.72%	17.04%	15.60%
ROIC Less NNEP Spread (ROIC-NNEP)	4.96%	7.94%	6.84%	11,586.44%	-557.54%	7.56%	4.54%	10.60%	0.49%	20.57%	15.76%
Return on Net Nonoperating Assets (RNNOA)	0.86%	0.93%	0.31%	-72.58%	-59.99%	2.34%	1.83%	2.68%	0.01%	-1.37%	-1.48%
Return on Equity (ROE)	8.32%	10.85%	11.23%	10.21%	12.01%	9.91%	6.68%	16.78%	17.73%	15.67%	14.12%
Cash Return on Invested Capital (CROIC)	5.80%	-0.42%	6.55%	70.77%	39.66%	-18.79%	-3.86%	17.39%	16.88%	23.47%	19.08%
Operating Return on Assets (OROA)	8.94%	12.35%	13.53%	102.31%	71.89%	7.43%	2.34%	12.53%	15.76%	15.80%	13.46%
Return on Assets (ROA)	5.71%	7.84%	8.62%	8.14%	8.66%	5.97%	3.69%	10.05%	12.65%	12.00%	10.60%
Return on Common Equity (ROCE)	8.32%	10.85%	11.23%	10.21%	12.01%	9.91%	6.68%	16.78%	17.73%	15.67%	14.12%
Return on Equity Simple (ROE_SIMPLE)	8.02%	10.13%	10.51%	9.58%	11.32%	9.32%	6.43%	15.29%	16.23%	16.07%	14.05%
Net Operating Profit after Tax (NOPAT)	15	21	25	206	226	32	24	72	89	84	73
NOPAT Margin	7.95%	10.43%	11.51%	40.35%	47.10%	12.77%	13.07%	18.24%	18.71%	16.69%	13.95%
Net Nonoperating Expense Percent (NNEP)	2.51%	1.98%	4.08%	-11,503.66%	629.55%	0.00%	0.30%	3.51%	17.23%	-3.53%	-0.17%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	16.39%	16.14%	14.07%
Cost of Revenue to Revenue	47.39%	46.98%	48.49%	22.00%	24.36%	49.08%	45.94%	44.95%	45.68%	46.32%	46.22%
SG&A Expenses to Revenue	28.22%	27.09%	26.60%	12.30%	13.69%	29.07%	36.39%	22.60%	21.91%	22.28%	26.23%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	40.78%	36.93%	33.75%	15.27%	16.73%	35.04%	45.78%	32.32%	31.00%	31.71%	36.06%
Earnings before Interest and Taxes (EBIT)	22	33	39	321	283	40	15	85	109	109	92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	40	49	54	337	298	55	33	125	154	156	143
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.44	1.73	1.75	2.73	2.07	2.36	2.78	2.83	2.45	2.52	2.79
Price to Tangible Book Value (P/TBV)	1.77	2.05	2.01	3.06	2.29	2.55	2.99	3.00	2.57	2.65	2.94
Price to Revenue (P/Rev)	1.36	1.75	1.89	1.42	1.30	3.23	5.55	3.21	2.76	2.58	2.77
Price to Earnings (P/E)	17.99	17.10	16.68	2.37	1.97	25.26	43.23	18.52	15.09	15.68	19.87
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.70%	1.53%
Earnings Yield	5.56%	5.85%	6.00%	42.24%	50.78%	3.96%	2.31%	5.40%	6.63%	6.38%	5.03%
Enterprise Value to Invested Capital (EV/IC)	1.39	1.67	1.75	2.74	1.89	1.97	2.26	2.50	2.54	2.64	3.02
Enterprise Value to Revenue (EV/Rev)	1.49	1.84	1.89	1.42	1.43	3.77	6.37	3.17	2.70	2.50	2.66
Enterprise Value to EBITDA (EV/EBITDA)	6.94	7.64	7.62	2.15	2.31	17.07	35.51	10.06	8.36	8.04	9.68
Enterprise Value to EBIT (EV/EBIT)	12.60	11.45	10.63	2.25	2.43	23.71	78.33	14.70	11.81	11.56	15.01
Enterprise Value to NOPAT (EV/NOPAT)	18.75	17.67	16.41	3.51	3.04	29.50	48.73	17.40	14.40	15.00	19.04
Enterprise Value to Operating Cash Flow (EV/OCF)	8.96	9.75	9.37	14.63	11.72	14.84	37.36	9.80	9.22	7.25	9.86
Enterprise Value to Free Cash Flow (EV/FCFF)	24.11	0.00	27.37	4.11	5.52	0.00	0.00	14.12	15.12	10.89	15.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.26	0.20	0.11	0.10	0.31	0.57	0.49	0.04	0.01	0.01	0.00
Long-Term Debt to Equity	0.26	0.00	0.11	0.10	0.31	0.51	0.45	0.00	0.00	0.01	0.00
Financial Leverage	0.17	0.12	0.04	-0.01	0.11	0.31	0.40	0.25	0.02	-0.07	-0.09
Leverage Ratio	1.46	1.38	1.30	1.25	1.39	1.66	1.81	1.67	1.40	1.31	1.33
Compound Leverage Factor	1.39	1.36	1.28	0.16	0.21	1.66	1.81	1.67	1.40	1.31	1.33
Debt to Total Capital	20.74%	16.71%	10.08%	8.95%	23.88%	36.42%	32.80%	4.27%	1.23%	1.06%	0.00%
Short-Term Debt to Total Capital	0.00%	16.71%	0.00%	0.00%	0.00%	3.73%	2.28%	4.27%	1.23%	0.00%	0.00%
Long-Term Debt to Total Capital	20.74%	0.00%	10.08%	8.95%	23.88%	32.69%	30.52%	0.00%	0.00%	1.06%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.26%	83.29%	89.92%	91.05%	76.12%	63.58%	67.20%	95.73%	98.77%	98.94%	100.00%
Debt to EBITDA	1.15	0.84	0.49	0.08	0.32	3.55	5.43	0.16	0.04	0.04	0.00
Net Debt to EBITDA	0.61	0.40	0.00	-0.01	0.21	2.45	4.57	-0.11	-0.21	-0.24	0.00
Long-Term Debt to EBITDA	1.15	0.00	0.49	0.08	0.32	3.19	5.05	0.00	0.00	0.04	0.00
Debt to NOPAT	3.10	1.94	1.05	0.13	0.42	6.14	7.45	0.28	0.07	0.07	0.00
Net Debt to NOPAT	1.66	0.94	-0.01	-0.01	0.28	4.24	6.28	-0.19	-0.36	-0.45	0.00
Long-Term Debt to NOPAT	3.10	0.00	1.05	0.13	0.42	5.51	6.93	0.00	0.00	0.07	0.00
Altman Z-Score	4.13	5.00	6.29	12.47	6.39	3.14	3.02	4.85	7.31	6.76	7.14
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.18	0.45	1.12	1.17	0.79	1.00	0.67	0.60	0.76	0.61	0.62
Quick Ratio	0.85	0.35	0.89	0.92	0.63	0.83	0.29	0.30	0.41	0.45	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	12	-0.89	15	176	125	-79	-19	89	85	115	89
Operating Cash Flow to CapEx	144.42%	101.59%	167.59%	99.10%	42.86%	50.48%	35.48%	273.11%	358.04%	354.35%	297.35%
Free Cash Flow to Firm to Interest Expense	10.52	-1.31	24.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	28.30	56.32	70.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	8.70	0.88	28.63	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.76	0.77	0.76	1.63	1.22	0.47	0.29	0.58	0.69	0.73	0.76
Accounts Receivable Turnover	66.17	59.69	49.52	85.27	70.34	40.85	40.12	62.67	51.81	46.53	46.94
Inventory Turnover	32.24	33.18	35.21	34.89	33.32	23.46	11.64	23.72	29.66	30.62	28.55
Fixed Asset Turnover	1.06	1.05	1.04	2.19	1.54	0.57	0.34	0.69	0.82	0.87	0.90
Accounts Payable Turnover	10.72	12.94	13.61	13.28	12.09	8.67	5.90	11.76	13.23	12.39	7.50
Days Sales Outstanding (DSO)	5.52	6.11	7.37	4.28	5.19	8.93	9.10	5.82	7.05	7.84	7.78
Days Inventory Outstanding (DIO)	11.32	11.00	10.37	10.46	10.96	15.56	31.36	15.39	12.30	11.92	12.79
Days Payable Outstanding (DPO)	34.04	28.20	26.82	27.49	30.19	42.11	61.81	31.04	27.59	29.47	48.64
Cash Conversion Cycle (CCC)	-17.20	-11.08	-9.08	-12.75	-14.05	-17.62	-21.35	-9.83	-8.24	-9.70	-28.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	202	224	234	264	365	476	519	503	507	475	459
Invested Capital Turnover	0.94	0.95	0.95	2.05	1.53	0.59	0.37	0.77	0.95	1.02	1.12
Increase / (Decrease) in Invested Capital	3.32	22	10	30	102	111	43	-17	4.23	-32	-16
Enterprise Value (EV)	280	373	410	723	689	938	1,175	1,255	1,288	1,255	1,387
Market Capitalization	255	353	410	726	625	804	1,023	1,268	1,320	1,293	1,446
Book Value per Share	$10.53	$12.01	$13.46	$15.05	$16.83	$18.87	$20.15	$23.91	$28.42	$26.91	$28.16
Tangible Book Value per Share	$8.60	$10.16	$11.73	$13.42	$15.28	$17.40	$18.73	$22.55	$27.08	$25.58	$26.77
Total Capital	223	245	260	293	396	537	548	468	546	519	518
Total Debt	46	41	26	26	95	195	180	20	6.69	5.50	0.00
Total Long-Term Debt	46	0.00	26	26	95	175	167	0.00	0.00	5.50	0.00
Net Debt	25	20	-0.18	-2.95	64	135	151	-14	-32	-38	-59
Capital Expenditures (CapEx)	22	38	26	50	137	125	89	47	39	49	47
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-16	-19	-22	-23	-43	-41	-52	-71	-60	-92	-115
Debt-free Net Working Capital (DFNWC)	5.21	1.76	4.29	6.62	-13	20	-24	-37	-22	-48	-56
Net Working Capital (NWC)	5.21	-39	4.29	6.62	-13	-0.31	-36	-57	-28	-48	-56
Net Nonoperating Expense (NNE)	0.74	0.44	0.40	180	192	-0.00	0.43	3.61	1.94	1.23	0.08
Net Nonoperating Obligations (NNO)	25	20	-0.18	-2.95	64	135	151	55	-32	-38	-59
Total Depreciation and Amortization (D&A)	18	16	15	16	15	15	18	39	45	48	51
Debt-free, Cash-free Net Working Capital to Revenue	-8.72%	-9.59%	-10.18%	-4.42%	-8.99%	-16.39%	-28.25%	-17.87%	-12.64%	-18.30%	-21.98%
Debt-free Net Working Capital to Revenue	2.78%	0.87%	1.98%	1.30%	-2.66%	7.90%	-12.90%	-9.39%	-4.52%	-9.65%	-10.73%
Net Working Capital to Revenue	2.78%	-19.35%	1.98%	1.30%	-2.66%	-0.12%	-19.68%	-14.45%	-5.93%	-9.65%	-10.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.85	$1.22	$1.42	$1.45	$1.91	$1.77	$1.30	$3.68	$4.60	$4.28	$3.91
Adjusted Weighted Average Basic Shares Outstanding	16.73M	16.95M	17.31M	17.59M	17.85M	18.03M	18.22M	18.62M	19.00M	19.24M	18.61M
Adjusted Diluted Earnings per Share	$0.83	$1.19	$1.39	$1.39	$1.83	$1.70	$1.25	$3.53	$4.47	$4.20	$3.84
Adjusted Weighted Average Diluted Shares Outstanding	17.11M	17.34M	17.66M	18.37M	18.57M	18.68M	18.88M	19.43M	19.58M	19.62M	18.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.81M	16.83M	17.48M	17.78M	17.95M	18.14M	18.44M	18.70M	19.12M	18.97M	18.46M
Normalized Net Operating Profit after Tax (NOPAT)	15	21	25	206	226	32	11	72	89	84	73
Normalized NOPAT Margin	7.95%	10.44%	11.71%	40.35%	47.10%	12.77%	5.80%	18.24%	18.71%	16.69%	13.95%
Pre Tax Income Margin	11.25%	15.76%	17.48%	7.78%	8.87%	15.88%	8.13%	21.59%	22.81%	21.64%	17.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	20.13	47.95	62.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	13.52	31.07	40.54	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.53	-7.49	20.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-6.08	-24.36	-1.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	136.84%	30.60%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.43%	142.93%	113.01%

This table displays calculated financial ratios and metrics derived from Monarch Casino & Resort's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.79%	8.52%	7.69%	7.28%	-0.57%	6.35%	4.30%	3.61%	3.69%	4.94%
EBITDA Growth	23.95%	11.12%	8.37%	13.15%	-7.09%	-4.77%	6.10%	2.86%	17.16%	-62.55%
EBIT Growth	26.06%	11.13%	9.05%	15.89%	-11.14%	-8.55%	5.52%	1.29%	20.93%	-95.50%
NOPAT Growth	22.36%	10.53%	-2.98%	15.20%	-13.21%	-19.79%	0.77%	-0.75%	23.01%	-94.94%
Net Income Growth	23.21%	12.89%	-2.47%	15.32%	-12.11%	-18.86%	3.42%	1.20%	14.23%	-76.87%
EPS Growth	22.61%	11.65%	-2.17%	15.15%	-12.77%	-19.13%	3.33%	4.39%	19.51%	-73.12%
Operating Cash Flow Growth	10.95%	5.52%	73.64%	4.80%	2.02%	15.05%	-37.78%	-7.87%	-13.29%	-2.16%
Free Cash Flow Firm Growth	-45.18%	-50.66%	128.04%	884.19%	234.63%	170.67%	-52.13%	-58.65%	-54.42%	-65.39%
Invested Capital Growth	2.28%	0.84%	-5.99%	-6.14%	-6.28%	-6.23%	-1.05%	0.03%	0.92%	-3.43%
Revenue Q/Q Growth	15.99%	-9.86%	-3.23%	6.03%	7.50%	-3.59%	-5.09%	5.33%	7.59%	-2.44%
EBITDA Q/Q Growth	31.36%	-16.04%	-13.42%	18.50%	7.85%	-13.94%	14.58%	14.88%	22.85%	-72.49%
EBIT Q/Q Growth	42.17%	-21.45%	-19.03%	28.16%	9.01%	-19.15%	21.88%	23.03%	30.13%	-96.99%
NOPAT Q/Q Growth	40.98%	-19.79%	-19.76%	26.96%	6.21%	-25.87%	31.69%	25.05%	31.63%	-96.95%
Net Income Q/Q Growth	41.46%	-18.40%	-21.23%	26.84%	7.81%	-24.67%	0.40%	24.11%	21.69%	-84.74%
EPS Q/Q Growth	42.42%	-18.44%	-21.74%	26.67%	7.89%	-24.39%	0.00%	27.96%	23.53%	-82.99%
Operating Cash Flow Q/Q Growth	81.04%	-26.31%	83.22%	-57.13%	76.24%	-16.90%	-0.91%	-36.52%	65.87%	-6.24%
Free Cash Flow Firm Q/Q Growth	202.08%	9.00%	165.19%	12.72%	2.71%	-11.83%	-48.71%	-2.65%	13.23%	-33.05%
Invested Capital Q/Q Growth	-2.14%	-0.31%	-5.31%	1.61%	-2.29%	-0.26%	-0.07%	2.72%	-1.43%	-4.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.90%	53.60%	51.54%	53.21%	55.78%	53.89%	52.48%	53.34%	54.97%	54.15%
EBITDA Margin	35.20%	32.79%	29.33%	32.78%	32.89%	29.36%	29.84%	32.55%	37.16%	10.48%
Operating Margin	27.19%	23.29%	19.85%	24.02%	23.99%	19.80%	19.57%	23.03%	27.76%	0.67%
EBIT Margin	26.54%	23.13%	19.35%	23.39%	23.72%	19.89%	19.58%	22.87%	27.66%	0.85%
Profit (Net Income) Margin	20.56%	18.61%	15.15%	18.12%	18.17%	14.20%	15.02%	17.70%	20.02%	3.13%
Tax Burden Percent	77.48%	80.47%	78.28%	77.48%	76.63%	71.40%	76.73%	77.41%	78.56%	101.52%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	92.13%	361.32%
Effective Tax Rate	22.52%	19.53%	21.72%	22.52%	23.37%	28.60%	23.27%	22.59%	21.44%	-1.52%
Return on Invested Capital (ROIC)	19.62%	17.75%	15.26%	18.28%	18.43%	14.44%	15.93%	18.67%	23.50%	0.76%
ROIC Less NNEP Spread (ROIC-NNEP)	17.57%	16.32%	13.77%	15.19%	20.16%	14.21%	15.87%	25.76%	31.98%	-6.06%
Return on Net Nonoperating Assets (RNNOA)	1.23%	0.37%	0.92%	0.61%	-0.65%	-0.94%	-0.28%	-0.12%	-1.84%	0.57%
Return on Equity (ROE)	20.85%	18.12%	16.18%	18.89%	17.78%	13.49%	15.65%	18.55%	21.67%	1.33%
Cash Return on Invested Capital (CROIC)	15.11%	16.88%	24.12%	24.58%	24.39%	23.47%	18.62%	17.12%	17.73%	19.08%
Operating Return on Assets (OROA)	18.26%	15.98%	13.89%	17.02%	17.31%	14.52%	14.79%	17.47%	21.37%	0.65%
Return on Assets (ROA)	14.15%	12.86%	10.87%	13.19%	13.27%	10.37%	11.35%	13.52%	15.47%	2.38%
Return on Common Equity (ROCE)	20.85%	18.12%	16.18%	18.89%	17.78%	13.49%	15.65%	18.55%	21.67%	1.33%
Return on Equity Simple (ROE_SIMPLE)	16.48%	0.00%	18.78%	18.68%	17.25%	0.00%	16.32%	16.72%	16.90%	0.00%
Net Operating Profit after Tax (NOPAT)	28	23	18	23	24	18	18	23	30	0.92
NOPAT Margin	21.06%	18.74%	15.54%	18.61%	18.39%	14.14%	15.02%	17.83%	21.81%	0.68%
Net Nonoperating Expense Percent (NNEP)	2.05%	1.43%	1.48%	3.09%	-1.72%	0.23%	0.06%	-7.09%	-8.48%	6.82%
Return On Investment Capital (ROIC_SIMPLE)	-	4.14%	-	-	-	3.49%	-	-	-	0.18%
Cost of Revenue to Revenue	43.10%	46.40%	48.46%	46.79%	44.22%	46.11%	47.52%	46.66%	45.03%	45.85%
SG&A Expenses to Revenue	21.35%	21.02%	21.97%	20.18%	22.61%	24.25%	22.64%	20.63%	19.87%	41.32%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.71%	30.31%	31.69%	29.19%	31.79%	34.09%	32.91%	30.31%	27.20%	53.48%
Earnings before Interest and Taxes (EBIT)	35	28	23	29	32	25	24	29	38	1.15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	47	40	34	41	44	38	36	42	51	14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.88	2.45	2.99	2.75	2.32	2.52	2.80	2.56	2.85	2.79
Price to Tangible Book Value (P/TBV)	1.98	2.57	3.16	2.90	2.45	2.65	2.94	2.70	3.00	2.94
Price to Revenue (P/Rev)	2.07	2.76	2.85	2.68	2.37	2.58	2.81	2.50	2.84	2.77
Price to Earnings (P/E)	11.43	15.09	15.93	14.71	13.48	15.68	17.14	15.32	16.30	19.87
Dividend Yield	0.00%	0.00%	6.90%	7.66%	9.18%	8.70%	1.61%	1.76%	1.51%	1.53%
Earnings Yield	8.75%	6.63%	6.28%	6.80%	7.42%	6.38%	5.83%	6.53%	6.14%	5.03%
Enterprise Value to Invested Capital (EV/IC)	1.90	2.54	2.92	2.73	2.40	2.64	2.93	2.59	2.97	3.02
Enterprise Value to Revenue (EV/Rev)	2.06	2.70	2.89	2.69	2.31	2.50	2.74	2.48	2.77	2.66
Enterprise Value to EBITDA (EV/EBITDA)	6.42	8.36	8.96	8.24	7.23	8.04	8.78	7.94	8.57	9.68
Enterprise Value to EBIT (EV/EBIT)	9.07	11.81	12.65	11.58	10.30	11.56	12.66	11.49	12.25	15.01
Enterprise Value to NOPAT (EV/NOPAT)	11.04	14.40	15.78	14.47	12.95	15.00	16.57	15.13	16.03	19.04
Enterprise Value to Operating Cash Flow (EV/OCF)	6.98	9.22	8.46	7.96	6.80	7.25	9.28	8.57	10.10	9.86
Enterprise Value to Free Cash Flow (EV/FCFF)	12.69	15.12	11.74	10.74	9.51	10.89	15.63	15.16	16.86	15.56
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.05	0.01	0.11	0.09	0.02	0.01	0.01	0.05	0.01	0.00
Long-Term Debt to Equity	0.00	0.00	0.11	0.09	0.02	0.01	0.00	0.00	0.00	0.00
Financial Leverage	0.07	0.02	0.07	0.04	-0.03	-0.07	-0.02	0.00	-0.06	-0.09
Leverage Ratio	1.45	1.40	1.46	1.40	1.33	1.31	1.38	1.36	1.31	1.33
Compound Leverage Factor	1.45	1.40	1.46	1.40	1.33	1.31	1.38	1.36	1.21	4.81
Debt to Total Capital	4.84%	1.23%	9.91%	7.84%	1.57%	1.06%	1.07%	4.41%	1.35%	0.00%
Short-Term Debt to Total Capital	4.84%	1.23%	0.00%	0.00%	0.00%	0.00%	1.07%	4.41%	1.35%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	9.91%	7.84%	1.57%	1.06%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	95.16%	98.77%	90.09%	92.16%	98.43%	98.94%	98.93%	95.59%	98.65%	100.00%
Debt to EBITDA	0.17	0.04	0.33	0.25	0.05	0.04	0.03	0.14	0.04	0.00
Net Debt to EBITDA	-0.05	-0.21	0.11	0.04	-0.16	-0.24	-0.21	-0.07	-0.19	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.33	0.25	0.05	0.04	0.00	0.00	0.00	0.00
Debt to NOPAT	0.30	0.07	0.57	0.45	0.09	0.07	0.07	0.27	0.08	0.00
Net Debt to NOPAT	-0.08	-0.36	0.19	0.06	-0.29	-0.45	-0.41	-0.13	-0.36	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.57	0.45	0.09	0.07	0.00	0.00	0.00	0.00
Altman Z-Score	5.08	6.92	5.78	6.06	6.09	6.36	6.82	6.21	7.51	6.70
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.58	0.76	0.50	0.58	0.54	0.61	0.51	0.45	0.57	0.62
Quick Ratio	0.31	0.41	0.37	0.41	0.39	0.45	0.38	0.32	0.43	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	17	18	49	55	56	50	23	23	26	17
Operating Cash Flow to CapEx	964.71%	433.34%	416.42%	316.55%	519.14%	230.42%	217.87%	182.04%	827.19%	328.05%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.69	0.69	0.72	0.73	0.73	0.73	0.76	0.76	0.77	0.76
Accounts Receivable Turnover	50.51	51.81	62.77	63.87	47.29	46.53	55.45	57.02	45.13	46.94
Inventory Turnover	33.70	29.66	32.20	30.68	33.41	30.62	32.67	30.86	32.18	28.55
Fixed Asset Turnover	0.81	0.82	0.83	0.85	0.85	0.87	0.87	0.88	0.89	0.90
Accounts Payable Turnover	13.56	13.23	12.92	14.32	12.71	12.39	12.73	14.52	14.54	7.50
Days Sales Outstanding (DSO)	7.23	7.05	5.81	5.72	7.72	7.84	6.58	6.40	8.09	7.78
Days Inventory Outstanding (DIO)	10.83	12.30	11.34	11.90	10.93	11.92	11.17	11.83	11.34	12.79
Days Payable Outstanding (DPO)	26.92	27.59	28.26	25.48	28.71	29.47	28.67	25.13	25.11	48.64
Cash Conversion Cycle (CCC)	-8.87	-8.24	-11.10	-7.87	-10.07	-9.70	-10.91	-6.90	-5.68	-28.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	508	507	480	488	477	475	475	488	481	459
Invested Capital Turnover	0.93	0.95	0.98	0.98	1.00	1.02	1.06	1.05	1.08	1.12
Increase / (Decrease) in Invested Capital	11	4.23	-31	-32	-32	-32	-5.05	0.15	4.37	-16
Enterprise Value (EV)	964	1,288	1,403	1,330	1,142	1,255	1,389	1,266	1,430	1,387
Market Capitalization	971	1,320	1,386	1,324	1,168	1,293	1,423	1,276	1,463	1,446
Book Value per Share	$27.29	$28.42	$24.23	$25.18	$26.25	$26.91	$26.39	$26.60	$27.82	$28.16
Tangible Book Value per Share	$25.94	$27.08	$22.90	$23.85	$24.92	$25.58	$25.07	$25.25	$26.45	$26.77
Total Capital	542	546	514	523	510	519	514	521	520	518
Total Debt	26	6.69	51	41	8.00	5.50	5.50	23	7.00	0.00
Total Long-Term Debt	0.00	0.00	51	41	8.00	5.50	0.00	0.00	0.00	0.00
Net Debt	-6.90	-32	17	5.90	-26	-38	-34	-11	-32	-59
Capital Expenditures (CapEx)	4.72	7.75	15	8.33	8.96	17	18	13	4.87	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-65	-60	-91	-80	-88	-92	-98	-86	-84	-115
Debt-free Net Working Capital (DFNWC)	-32	-22	-56	-45	-54	-48	-58	-52	-45	-56
Net Working Capital (NWC)	-59	-28	-56	-45	-54	-48	-64	-75	-52	-56
Net Nonoperating Expense (NNE)	0.67	0.16	0.46	0.60	0.28	-0.08	-0.01	0.16	2.47	-3.29
Net Nonoperating Obligations (NNO)	-6.90	-32	17	5.90	-26	-38	-34	-11	-32	-59
Total Depreciation and Amortization (D&A)	12	12	12	12	12	12	12	12	13	13
Debt-free, Cash-free Net Working Capital to Revenue	-13.98%	-12.64%	-18.66%	-16.11%	-17.78%	-18.30%	-19.29%	-16.76%	-16.31%	-21.98%
Debt-free Net Working Capital to Revenue	-6.90%	-4.52%	-11.58%	-9.01%	-10.91%	-9.65%	-11.49%	-10.20%	-8.68%	-10.73%
Net Working Capital to Revenue	-12.50%	-5.93%	-11.58%	-9.01%	-10.91%	-9.65%	-12.58%	-14.70%	-10.03%	-10.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.45	$1.17	$0.92	$1.16	$1.26	$0.94	$0.95	$1.21	$1.50	$0.25
Adjusted Weighted Average Basic Shares Outstanding	19.00M	19.00M	19.22M	19.24M	19.25M	19.24M	19.28M	18.73M	18.40M	18.61M
Adjusted Diluted Earnings per Share	$1.41	$1.15	$0.90	$1.14	$1.23	$0.93	$0.93	$1.19	$1.47	$0.25
Adjusted Weighted Average Diluted Shares Outstanding	19.50M	19.58M	19.65M	19.62M	19.61M	19.62M	19.66M	19.09M	18.75M	18.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	18.96M	19.12M	19.13M	19.14M	19.07M	18.97M	18.74M	18.45M	18.39M	18.46M
Normalized Net Operating Profit after Tax (NOPAT)	28	23	18	23	24	18	18	23	30	0.63
Normalized NOPAT Margin	21.06%	18.74%	15.54%	18.61%	18.39%	14.14%	15.02%	17.83%	21.81%	0.47%
Pre Tax Income Margin	26.54%	23.13%	19.35%	23.39%	23.72%	19.89%	19.58%	22.87%	25.48%	3.08%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	109.86%	112.60%	123.55%	136.84%	27.56%	27.24%	25.90%	30.60%
Augmented Payout Ratio	0.00%	7.43%	109.86%	112.60%	123.55%	142.93%	27.56%	93.71%	100.88%	113.01%

Frequently Asked Questions About Monarch Casino & Resort's Financials

When does Monarch Casino & Resort's fiscal year end?

According to the most recent income statement we have on file, Monarch Casino & Resort's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Monarch Casino & Resort's net income changed over the last 10 years?

Monarch Casino & Resort's net income appears to be on an upward trend, with a most recent value of $72.77 million in 2024, rising from $14.19 million in 2014. The previous period was $82.45 million in 2023. View Monarch Casino & Resort's forecast to see where analysts expect Monarch Casino & Resort to go next.

What is Monarch Casino & Resort's operating income?

Monarch Casino & Resort's total operating income in 2024 was $92.50 million, based on the following breakdown:

Total Gross Profit: $280.82 million
Total Operating Expenses: $188.31 million

How has Monarch Casino & Resort revenue changed over the last 10 years?

Over the last 10 years, Monarch Casino & Resort's total revenue changed from $187.77 million in 2014 to $522.19 million in 2024, a change of 178.1%.

How much debt does Monarch Casino & Resort have?

Monarch Casino & Resort's total liabilities were at $173.84 million at the end of 2024, a 3.6% increase from 2023, and a 130.7% increase since 2014.

How much cash does Monarch Casino & Resort have?

In the past 10 years, Monarch Casino & Resort's cash and equivalents has ranged from $21.16 million in 2015 to $60.54 million in 2019, and is currently $58.76 million as of their latest financial filing in 2024.

How has Monarch Casino & Resort's book value per share changed over the last 10 years?

Over the last 10 years, Monarch Casino & Resort's book value per share changed from 10.53 in 2014 to 28.16 in 2024, a change of 167.4%.

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This page (NASDAQ:MCRI) was last updated on 5/7/2025 by MarketBeat.com Staff

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Monarch Casino & Resort (MCRI) Financials

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Monarch Casino & Resort (MCRI) Financials

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