Archon Corp

Archon's capital structure shows a debt-to-equity ratio of 0.7, indicating a moderate reliance on debt financing. The company holds $9.58 million in cash and equivalents, but its operating cash flow is negative at -$1.36 million, suggesting ongoing cash flow challenges [doc:HA-latest]. The current ratio of 1.79 implies the company can cover its short-term liabilities with its current assets, but the liquidity risk remains medium due to negative net cash after subtracting total debt [doc:HA-latest]. Profitability metrics reveal a return on equity of 2.39%, which is below the typical performance of the Casinos & Gaming industry. The company reported a net income of $1.23 million despite a negative operating income of -$58,210, indicating that non-operating income or gains may be contributing to profitability [doc:HA-latest]. Gross profit of $3.59 million suggests that the company is generating some margin from its hotel-casino operations, but the operating loss indicates inefficiencies or high operating costs [doc:HA-latest]. Archon operates in two segments: hotel/casino and commercial real estate. The hotel-casino segment is the primary source of revenue, while the commercial real estate segment includes properties in Las Vegas, Massachusetts, and Maryland. The company's real estate in Gaithersburg, Maryland, spans 51 acres with 342,000 square feet of commercial office space [doc:HA-latest]. However, the company's revenue concentration is not disclosed, making it difficult to assess the risk of over-reliance on any single segment or geographic region. The company's growth trajectory is uncertain, as the outlook for the current fiscal year does not provide specific numeric deltas. The negative operating cash flow and operating income suggest that the company may be facing challenges in sustaining growth. The capital expenditure of -$151,150 indicates a reduction in investment in physical assets, which could signal a strategic shift or financial constraints [doc:HA-latest]. Risk factors include medium liquidity risk and a key flag of negative net cash after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential reported. The company's financial structure and cash flow issues may pose challenges in maintaining operations and meeting obligations [doc:HA-latest]. Recent events include the reported financial performance in the latest fiscal period, with a last actual EPS of -$1.44, indicating a loss per share. No specific recent filings or transcripts are provided, so the narrative is based on the latest financial data available [doc:].