Century Casinos Q2 2024 Financials Filed
Ticker: CNTY · Form: 10-Q · Filed: Aug 8, 2024 · CIK: 911147
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials, equity
TL;DR
Century Casinos filed its Q2 2024 10-Q, showing equity details as of June 30.
AI Summary
Century Casinos Inc. reported its Q2 2024 results on August 8, 2024. The company's financial statements as of June 30, 2024, show various equity components including common stock, additional paid-in capital, and retained earnings. Specific financial figures for these accounts are detailed within the filing.
Why It Matters
This filing provides investors with an update on Century Casinos' financial health and equity structure as of the end of the second quarter of 2024.
Risk Assessment
Risk Level: low — This filing is a routine quarterly report and does not contain significant new risk disclosures.
Key Numbers
- 2024-06-30 — Reporting Date (Balance Sheet Date)
- 2024-03-31 — Prior Balance Sheet Date (Previous Quarter End Date)
- 2023-12-31 — Prior Year End Date (Previous Fiscal Year End Date)
Key Players & Entities
- CENTURY CASINOS INC (company) — Filer
- 20240630 (date) — Reporting Period End Date
- 20240808 (date) — Filing Date
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240630, indicating the second quarter of 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20240808.
What are some of the equity components listed for Century Casinos as of June 30, 2024?
The filing lists us-gaap:RetainedEarningsMember, us-gaap:ParentMember, us-gaap:NoncontrollingInterestMember, us-gaap:CommonStockMember, us-gaap:AdditionalPaidInCapitalMember, and us-gaap:AccumulatedOtherComprehensiveIncomeMember.
What is Century Casinos' Standard Industrial Classification (SIC) code?
Century Casinos' SIC code is 7011, categorized under HOTELS & MOTELS.
What is the company's state of incorporation?
The company is incorporated in Delaware (DE).
Filing Stats: 4,493 words · 18 min read · ~15 pages · Grade level 14.7 · Accepted 2024-08-07 17:46:38
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 Per Share Par Value CNTY Nasdaq Cap
Filing Documents
- cnty-20240630x10q.htm (10-Q) — 7686KB
- cnty-20240630xex31_1.htm (EX-31.1) — 16KB
- cnty-20240630xex31_2.htm (EX-31.2) — 11KB
- cnty-20240630xex31_3.htm (EX-31.3) — 11KB
- cnty-20240630xex32_1.htm (EX-32.1) — 8KB
- cnty-20240630xex32_2.htm (EX-32.2) — 8KB
- cnty-20240630xex32_3.htm (EX-32.3) — 8KB
- 0000911147-24-000051.txt ( ) — 23745KB
- cnty-20240630.xsd (EX-101.SCH) — 68KB
- cnty-20240630_cal.xml (EX-101.CAL) — 106KB
- cnty-20240630_def.xml (EX-101.DEF) — 303KB
- cnty-20240630_lab.xml (EX-101.LAB) — 526KB
- cnty-20240630_pre.xml (EX-101.PRE) — 530KB
- cnty-20240630x10q_htm.xml (XML) — 5950KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 33 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 51 Item 4.
Controls and Procedures
Controls and Procedures 51 Part II OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 51 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 51 Item 5. Other Information 52 Item 6. Exhibits 52
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION
. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)
Item 1 . CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) CENTURY CASINOS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) June 30, December 31, Amounts in thousands, except for share and per share information 2024 2023 ASSETS Current Assets: Cash and cash equivalents $ 123,200 $ 171,327 Receivables, net 16,881 18,253 Prepaid expenses 16,555 11,859 Inventories 3,971 4,652 Other current assets 1,385 926 Total Current Assets 161,992 207,017 Property and equipment, net 919,799 913,561 Leased right-of-use assets, net 31,236 25,973 Goodwill 80,251 80,583 Intangible assets, net 89,952 93,207 Deferred income taxes 16,176 37,646 Note receivable, net of current portion and unamortized discount 316 316 Deposits and other 1,972 1,359 Total Assets $ 1,301,694 $ 1,359,662 LIABILITIES AND EQUITY Current Liabilities: Current portion of long-term debt $ 5,801 $ 8,468 Current portion of operating lease liabilities 4,419 3,395 Current portion of finance lease liabilities 230 199 Accounts payable 12,372 15,279 Accrued liabilities 36,680 29,056 Accrued payroll 15,039 16,221 Taxes payable 8,120 21,001 Total Current Liabilities 82,661 93,619 Long-term debt, net of current portion and deferred financing costs (Note 5) 323,046 324,212 Long-term financing obligation to VICI Properties, Inc. subsidiaries (Note 6) 653,762 658,007 Operating lease liabilities, net of current portion 30,264 25,834 Finance lease liabilities, net of current portion 489 427 Taxes payable and other 51,631 41,758 Deferred income taxes 2,828 1,364 Total Liabilities 1,144,681 1,145,221 Commitments and Contingencies (Note 7) Equity: Preferred stock; $ 0.01 par value; 20,000,000 shares authorized; no shares issued or outstanding — — Common stock; $ 0.01 par value; 50,000,000