Monarch Casino & Resort

Monarch Casino & Resort (Monarch), through its wholly owned subsidiaries, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada (the Atlantis); the Monarch Casino Black Hawk in Black Hawk, Colorado (the Monarch Casino Black Hawk), and real estate proximate to the Atlantis and Monarch Casino Black Hawk. The Atlantis is located approximately three miles south of downtown in the area of Reno, Nevada. The Monarch Casino Black Hawk is located approximately 40 miles west of Denver, Colorado. The Company's wholly owned subsidiaries include Golden Road Motor Inn, Inc. (Golden Road), Monarch Growth Inc. (Monarch Growth), Monarch Black Hawk, Inc. (Monarch Black Hawk), High Desert Sunshine, Inc. (High Desert), Golden East, Inc. (Golden East) and Golden North, Inc. Distinctly Four Diamond. Atlantis features 824 spacious and luxuriously appointed guest rooms and Jacuzzi® suites. Featuring Reno's only exclusive Concierge Tower with unparalleled amenities, access to the exclusive 25th floor Concierge Lounge with complimentary continental breakfast and afternoon hors d'oeuvres, VIP check-in and personalized butler service upon request. Resort rooms are designed to inspire you with distinctive décor, contemporary furnishings, rich marble accents, custom made pillow-top Sealy mattresses and luxury bath products. Choose from eight award-winning restaurants, including AAA Four Diamond Atlantis Steakhouse and Bistro Napa, both recipients of Wine Spectator's Award of Excellence. Enjoy our authentic New York-style Manhattan Deli or Toucan Charlie's Buffet & Grille, voted Best Buffet by locals year after year! The world-class Spa Atlantis is 30,000 sq. ft. of tranquility. Embark on a journey of discovery with unique offerings from all over the world, with an emphasis on body, mind and wellness. Exclusive treatments include Rasul Ceremonial Chambers, Hammam wet table, Pantai Luar® massage, and our floating Soft-Pack cocoon beds. Spa Atlantis offers northern Nevada a Spa unlike any other. Atlantis has 50,000 sq. ft. of meeting and convention space and is the only resort connected via Sky Bridge to the 500,000 sq. ft. Reno-Sparks Convention Center. At Atlantis, meetings are made easy with a professional sales team who works side-by-side with meeting planners to ensure a successful, memorable event.
Company Growth (employees)
Type
Public
HQ
Reno, US
Size (employees)
2,100 (est)
Monarch Casino & Resort is headquartered in Reno, US

Monarch Casino & Resort Office Locations

Monarch Casino & Resort has an office in Reno
Reno, US (HQ)
3800 S Virginia St

Monarch Casino & Resort Data and Metrics

Monarch Casino & Resort Financial Metrics

Monarch Casino & Resort's revenue was reported to be $217 m in 2016
$, USD

Revenue (Y, 2016)

217 m

Revenue growth (Y, 2015 - Y, 2016), %

7%

Net income (Y, 2016)

24.6 m

EBIT (Y, 2016)

38.5 m

Market capitalization (23-Jun-2017)

557 m

Closing share price (23-Jun-2017)

29.8

Cash (31-Dec-2016)

26.4 m

EV

597.7 m
Monarch Casino & Resort's current market capitalization is $557 m.
$, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

188.7 m187.8 m202.2 m217 m

Revenue growth, %

(1%)8%7%

Operating expense total

169.7 m178.5 m

Depreciation and amortization

13.3 m13.4 m16.7 m16.6 m17.8 m15.9 m

EBIT

30.5 m22.2 m32.6 m38.5 m

EBIT margin, %

16%12%16%18%

Interest expense

1.5 m914.3 k2 m1.9 m1.1 m679 k

Pre tax profit

31.9 m37.9 m

Income tax expense

4.3 m3.2 m5 m10.6 m6.9 m11.2 m(13.4 m)

Net Income

18 m14.2 m20.7 m24.6 m
$, USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

14.4 m13.8 m13.6 m19 m19.3 m21.6 m21.2 m26.4 m

Inventories

2.7 m2.8 m2.9 m3.1 m

Current Assets

34 m34.3 m31.8 m39.4 m

Goodwill

25.1 m25.1 m25.1 m25.1 m

Total Assets

244.5 m252.3 m274.8 m295.2 m

Accounts Payable

8.7 m7.9 m6.7 m8.7 m

Total Debt

87.2 m67.1 m

Current Liabilities

26.8 m29.1 m70.9 m35.1 m

Additional Paid-in Capital

30.9 m23 m22.7 m

Retained Earnings

172.6 m186.7 m207.4 m232 m

Total Equity

163.9 m177 m203.9 m233.8 m

Debt to Equity Ratio

0.4 x0.3 x

Debt to Assets Ratio

0.3 x0.2 x

Financial Leverage

1.5 x1.4 x1.3 x1.3 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

18 m14.2 m20.7 m24.6 m

Depreciation and Amortization

16.6 m17.8 m15.9 m14.8 m

Inventories

(292.3 k)(171 k)(35 k)3.1 m

Accounts Payable

604 k(733 k)(1.2 m)8.7 m

Cash From Operating Activities

36.1 m31.2 m38.2 m

Purchases of PP&E

(12.4 m)(21.7 m)(37.7 m)

Cash From Investing Activities

(12.4 m)(19.8 m)(38 m)

Long-term Borrowings

(27.3 m)(7.5 m)(5.4 m)

Cash From Financing Activities

(23.4 m)(9.1 m)(635 k)

Interest Paid

1.5 m

Income Taxes Paid

10.7 m7.3 m10.9 m
$, USDY, 2016

EV/EBIT

15.5 x

Revenue/Employee

103.3 k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.3 x

Monarch Casino & Resort Market Value History

Monarch Casino & Resort Online and Social Media Presence

Monarch Casino & Resort Company Life and Culture

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