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Item 3 — Quantitative and Qualitative Disclosures About Market Risk
Monarch Casino & Resort Inc · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026
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Market risk is the risk of loss arising from adverse changes in interest rates, foreign currency exchange rates and commodity prices.
As of June 30, 2026, we had no outstanding balance under our Amended Credit Facility. Our current primary market risk exposure, when we incur and have outstanding debt is interest rate risk relating to the impact of interest rate movements under our Amended Credit Facility.
See “Liquidity and Capital Resources” in Item 2 above for further discussion of our Amended Credit Facility and capital structure.
We have not entered into derivative financial instruments for trading or speculative purposes.
We do not have any cash or cash equivalents as of June 30, 2026 that are subject to market risk.
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