The Monarch Cement (MCEM) Financial Statements
Price: $224.46
Market Cap: $571.00M
Avg Volume: 2.20K
Market Cap: $571.00M
Avg Volume: 2.20K
Country: US
Industry: Construction Materials
Sector: Basic Materials
Industry: Construction Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of The Monarch Cement.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $262.76M | $232.60M | $211.85M | $188.83M | $172.09M | $173.90M | $168.08M | $165.23M | $147.90M | $146.90M |
| Cost of Revenue | $170.53M | $158.49M | $146.34M | $130.98M | $132.98M | $130.53M | $119.05M | $120.14M | $115.19M | $115.94M |
| Gross Profit | $92.22M | $74.10M | $65.51M | $57.84M | $39.12M | $43.36M | $49.03M | $45.09M | $32.71M | $30.95M |
| Gross Profit Ratio | 35.10% | 31.86% | 30.92% | 30.63% | 22.73% | 24.94% | 29.17% | 27.29% | 22.12% | 21.07% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $22.17M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $22.17M | $20.76M | $19.28M | $17.95M | $17.41M | $18.27M | $21.94M | $16.40M | $15.78M | $16.35M |
| Other Expenses | $218.47K | $300.00K | $300.00K | $- | $- | $- | $565.26K | $529.60K | $1.01M | $519.25K |
| Operating Expenses | $22.39M | $20.46M | $18.98M | $17.95M | $17.41M | $18.27M | $21.94M | $16.40M | $15.78M | $16.35M |
| Cost and Expenses | $192.92M | $178.95M | $165.32M | $148.94M | $150.39M | $148.80M | $140.99M | $136.54M | $130.97M | $132.30M |
| Interest Income | $1.28M | $335.74K | $28.64K | $174.96K | $377.92K | $896.78K | $155.11K | $117.48K | $94.59K | $105.87K |
| Interest Expense | $7.25K | $6.82K | $610 | $1.29K | $251 | $- | $28.69K | $119.78K | $230.39K | $253.94K |
| Depreciation and Amortization | $16.55M | $15.93M | $15.04M | $15.66M | $16.77M | $16.75M | $14.83M | $14.71M | $15.79M | $13.99M |
| EBITDA | $86.61M | $67.34M | $60.51M | $58.30M | $39.51M | $45.00M | $41.92M | $43.41M | $31.62M | $27.97M |
| EBITDA Ratio | 32.96% | 28.95% | 28.56% | 30.87% | 22.96% | 25.88% | 24.94% | 26.27% | 21.38% | 19.04% |
| Operating Income | $69.84M | $53.65M | $46.53M | $39.89M | $21.70M | $25.10M | $27.09M | $28.69M | $16.93M | $14.60M |
| Operating Income Ratio | 26.58% | 23.06% | 21.96% | 21.13% | 12.61% | 14.43% | 16.12% | 17.36% | 11.45% | 9.94% |
| Total Other Income Expenses Net | $22.97M | $-2.24M | $27.74M | $408.64K | $18.71M | $-6.87M | $1.46M | $-13.62K | $9.78M | $1.26M |
| Income Before Tax | $92.81M | $51.40M | $72.96M | $40.30M | $39.69M | $18.23M | $28.55M | $28.68M | $26.71M | $15.71M |
| Income Before Tax Ratio | 35.32% | 22.10% | 34.44% | 21.34% | 23.06% | 10.48% | 16.98% | 17.36% | 18.06% | 10.70% |
| Income Tax Expense | $19.11M | $11.71M | $14.57M | $7.72M | $7.50M | $3.21M | $7.70M | $8.10M | $8.85M | $4.54M |
| Net Income | $73.69M | $40.88M | $59.70M | $33.87M | $33.11M | $16.03M | $21.70M | $21.16M | $18.25M | $11.31M |
| Net Income Ratio | 28.05% | 17.57% | 28.18% | 17.94% | 19.24% | 9.22% | 12.91% | 12.81% | 12.34% | 7.70% |
| EPS | $19.92 | $10.86 | $15.81 | $8.78 | $8.58 | $4.15 | $5.62 | $5.48 | $4.72 | $2.86 |
| EPS Diluted | $19.92 | $10.86 | $15.81 | $8.78 | $8.58 | $4.15 | $5.62 | $5.48 | $4.72 | $2.86 |
| Weighted Average Shares Outstanding | 3.70M | 3.76M | 3.78M | 3.86M | 3.86M | 3.86M | 3.86M | 3.86M | 3.86M | 3.96M |
| Weighted Average Shares Outstanding Diluted | 3.70M | 3.76M | 3.78M | 3.86M | 3.86M | 3.86M | 3.86M | 3.86M | 3.86M | 3.96M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $53.49M | $55.91M | $53.72M | $30.62M | $24.15M | $14.09M | $15.81M | $12.12M | $6.61M | $7.26M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $53.49M | $55.91M | $53.72M | $30.62M | $24.15M | $14.09M | $15.81M | $12.12M | $6.61M | $7.26M |
| Net Receivables | $25.79M | $22.53M | $22.77M | $19.49M | $18.94M | $18.34M | $17.00M | $16.81M | $14.38M | $12.63M |
| Inventory | $58.94M | $46.68M | $42.56M | $40.74M | $40.81M | $37.04M | $33.90M | $33.34M | $34.18M | $31.54M |
| Other Current Assets | $6.35M | $6.77M | $1.67M | $1.96M | $1.57M | $1.88M | $457.70K | $971.31K | $599.77K | $1.57M |
| Total Current Assets | $144.58M | $129.97M | $120.72M | $92.82M | $85.46M | $71.35M | $67.17M | $63.24M | $55.77M | $53.00M |
| Property Plant Equipment Net | $147.94M | $123.66M | $104.63M | $95.57M | $88.03M | $88.39M | $85.37M | $81.35M | $83.46M | $84.41M |
| Goodwill | $4.90M | $4.90M | $4.90M | $4.90M | $4.80M | $4.60M | $2.50M | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $4.90M | $4.80M | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $4.90M | $4.90M | $4.90M | $4.90M | $4.90M | $4.60M | $2.50M | $- | $- | $- |
| Long Term Investments | $38.18M | $55.80M | $67.49M | $59.97M | $55.78M | $38.18M | $48.95M | $39.89M | $28.68M | $30.20M |
| Tax Assets | $- | $-4.90M | $-4.90M | $4.46M | $1.61M | $3.23M | $-2.50M | $3.65M | $11.30M | $9.21M |
| Other Non-Current Assets | $45.75M | $14.75M | $4.96M | $52.59K | $180.85K | $557.72K | $2.79M | $2.73M | $2.81M | $3.04M |
| Total Non-Current Assets | $236.76M | $194.22M | $177.08M | $164.95M | $150.51M | $134.96M | $137.11M | $127.62M | $126.25M | $126.86M |
| Other Assets | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $381.34M | $324.19M | $297.80M | $257.77M | $235.97M | $206.31M | $204.28M | $190.86M | $182.01M | $179.87M |
| Account Payables | $10.47M | $8.40M | $8.76M | $7.22M | $5.69M | $6.79M | $6.28M | $5.66M | $5.48M | $9.07M |
| Short Term Debt | $- | $- | $- | $750.00K | $750.00K | $750.00K | $750.00K | $4.29M | $1.43M | $6.08M |
| Tax Payables | $6.73M | $549.27K | $1.00M | $1.03M | $3.59M | $- | $679.09K | $699.36K | $658.42K | $552.01K |
| Deferred Revenue | $- | $- | $- | $2.96M | $5.52M | $1.54M | $- | $5.04M | $4.46M | $4.57M |
| Other Current Liabilities | $9.03M | $9.72M | $7.44M | $6.72M | $6.78M | $5.85M | $7.51M | $6.49M | $8.90M | $6.69M |
| Total Current Liabilities | $26.23M | $18.67M | $17.21M | $15.72M | $16.81M | $13.39M | $15.22M | $17.13M | $16.47M | $22.38M |
| Long Term Debt | $- | $- | $- | $- | $721.15K | $1.41M | $2.09M | $34.61K | $4.34M | $5.86M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $9.40M | $6.50M | $4.31M | $- | $- | $- | $279.95K | $- | $- | $- |
| Other Non-Current Liabilities | $11.59M | $17.83M | $15.86M | $29.49M | $20.93M | $15.44M | $14.79M | $22.81M | $36.82M | $35.22M |
| Total Non-Current Liabilities | $20.99M | $17.83M | $20.17M | $29.49M | $21.65M | $16.86M | $17.16M | $22.85M | $41.16M | $41.08M |
| Other Liabilities | $- | $- | $1 | $1 | $1 | $1 | $- | $- | $- | $- |
| Total Liabilities | $47.23M | $36.50M | $37.37M | $45.21M | $38.46M | $30.25M | $32.38M | $39.98M | $57.63M | $63.47M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $9.18M | $9.27M | $9.40M | $9.49M | $9.65M | $9.65M | $9.65M | $9.65M | $9.65M | $9.67M |
| Retained Earnings | $326.00M | $280.30M | $264.64M | $226.76M | $204.92M | $178.95M | $148.50M | $134.21M | $117.68M | $103.48M |
| Accumulated Other Comprehensive Income Loss | $-5.11M | $-5.93M | $-16.10M | $-26.18M | $-19.55M | $-15.04M | $11.26M | $4.54M | $-5.44M | $763.91K |
| Other Total Stockholders Equity | $4.05M | $4.05M | $2.49M | $2.49M | $2.49M | $2.49M | $2.49M | $2.49M | $2.49M | $2.49M |
| Total Stockholders Equity | $334.12M | $287.69M | $260.42M | $212.56M | $197.51M | $176.05M | $171.91M | $150.89M | $124.38M | $116.40M |
| Total Equity | $334.12M | $287.69M | $260.42M | $212.56M | $197.51M | $176.05M | $171.91M | $150.89M | $124.38M | $116.40M |
| Total Liabilities and Stockholders Equity | $381.34M | $324.19M | $297.80M | $257.77M | $235.97M | $206.31M | $204.28M | $190.86M | $182.01M | $179.87M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $381.34M | $324.19M | $297.80M | $257.77M | $235.97M | $206.31M | $204.28M | $190.86M | $182.01M | $179.87M |
| Total Investments | $38.18M | $55.80M | $67.49M | $59.97M | $55.78M | $38.18M | $48.95M | $39.89M | $28.68M | $30.20M |
| Total Debt | $- | $- | $- | $750.00K | $1.47M | $2.16M | $2.84M | $4.32M | $5.77M | $11.94M |
| Net Debt | $-53.49M | $-55.91M | $-53.72M | $-29.87M | $-22.67M | $-11.93M | $-12.97M | $-7.80M | $-841.60K | $4.67M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $73.69M | $40.88M | $59.70M | $33.87M | $33.11M | $16.03M | $21.70M | $21.16M | $18.25M | $11.31M |
| Depreciation and Amortization | $16.55M | $15.93M | $15.04M | $15.66M | $16.77M | $16.75M | $14.83M | $14.71M | $14.69M | $13.36M |
| Deferred Income Tax | $2.61M | $-1.72M | $4.29M | $-519.60K | $3.21M | $-1.81M | $774.77K | $986.42K | $2.05M | $1.19M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-13.78M | $-1.28M | $1.64M | $-631.47K | $-930.82K | $-8.54M | $4.18M | $-3.93M | $-1.98M | $-258.22K |
| Accounts Receivables | $-3.27M | $688.77K | $-3.28M | $-551.92K | $-599.80K | $-2.60M | $122.51K | $-1.29M | $-2.14M | $-73.09K |
| Inventory | $-12.26M | $-4.01M | $1.79M | $65.82K | $-3.77M | $-3.13M | $-560.74K | $837.06K | $-2.64M | $-116.23K |
| Accounts Payables | $1.05M | $2.05M | $1.14M | $1.48M | $-472.38K | $-2.62M | $4.41M | $-2.34M | $2.41M | $322.13K |
| Other Working Capital | $698.18K | $-7.43K | $1.99M | $-1.63M | $3.91M | $-193.06K | $4.75M | $-1.15M | $391.94K | $-391.03K |
| Other Non Cash Items | $-12.73M | $28.35M | $3.32M | $30.01M | $21.64M | $46.02M | $6.44M | $9.26M | $74.94K | $9.22M |
| Net Cash Provided by Operating Activities | $66.35M | $49.03M | $53.57M | $48.07M | $35.42M | $26.60M | $33.10M | $27.48M | $18.40M | $21.46M |
| Investments in Property Plant and Equipment | $-41.56M | $-33.96M | $-23.96M | $-23.54M | $-16.50M | $-17.73M | $-18.91M | $-13.31M | $-14.11M | $-12.61M |
| Acquisitions Net | $- | $2.01M | $375.20K | $1.51M | $249.31K | $-3.32M | $868.51K | $913.19K | $-1.77M | $-3.02M |
| Purchases of Investments | $-104.36K | $-5.17M | $-3.08M | $-7.73M | $-1.60M | $-6.72M | $-2.42M | $-3.94M | $-2.98M | $-36.63K |
| Sales Maturities of Investments | $1.92M | $15.48M | $20.62M | $1.93M | $1.35M | $6.94M | $616.27K | $381.12K | $11.38M | $129.80K |
| Other Investing Activities | $2.62M | $12.23M | $17.92M | $-836.96K | $-1.35M | $447.82K | $868.51K | $913.19K | $668.12K | $808.09K |
| Net Cash Used for Investing Activities | $-37.13M | $-21.65M | $-6.04M | $-28.66M | $-17.85M | $-20.83M | $-19.85M | $-15.95M | $-6.80M | $-14.73M |
| Debt Repayment | $- | $- | $- | $-721.15K | $-693.42K | $-678.57K | $-4.31M | $-1.45M | $-6.17M | $-1.83M |
| Common Stock Issued | $- | $- | $- | $5.21M | $761.40K | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-5.05M | $-7.23M | $-3.52M | $-4.49M | $-67.98K | $-243.66K | $-30.12K | $-132.18K | $-2.30M | $-392.95K |
| Dividends Paid | $-22.79M | $-17.96M | $-20.92M | $-7.72M | $-6.76M | $-6.56M | $-5.21M | $-4.44M | $-3.79M | $-3.65M |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-27.85M | $-25.19M | $-24.44M | $-12.93M | $-7.52M | $-7.49M | $-9.55M | $-6.02M | $-12.25M | $-5.87M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $1.38M | $2.19M | $23.10M | $6.48M | $10.05M | $-1.72M | $3.70M | $5.51M | $-650.17K | $860.60K |
| Cash at End of Period | $57.29M | $55.91M | $53.72M | $30.62M | $24.15M | $14.09M | $15.81M | $12.12M | $6.61M | $7.26M |
| Cash at Beginning of Period | $55.91M | $53.72M | $30.62M | $24.15M | $14.09M | $15.81M | $12.12M | $6.61M | $7.26M | $6.40M |
| Operating Cash Flow | $66.35M | $49.03M | $53.57M | $48.07M | $35.42M | $26.60M | $33.10M | $27.48M | $18.40M | $21.46M |
| Capital Expenditure | $-41.56M | $-33.96M | $-23.96M | $-23.54M | $-16.50M | $-17.73M | $-18.91M | $-13.31M | $-14.11M | $-12.61M |
| Free Cash Flow | $24.79M | $15.06M | $29.62M | $24.53M | $18.92M | $8.87M | $14.19M | $14.17M | $4.29M | $8.86M |