Melco Resorts and Entertainment (FRA:MAS) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Melco Resorts and Entertainment Construction In Progress?

Melco Resorts and Entertainment's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€8 Mil) but then declined from Dec. 2023 (€8 Mil) to Mar. 2024 (€0 Mil).

Melco Resorts and Entertainment's annual construction in progress increased from Dec. 2021 (€946 Mil) to Dec. 2022 (€1,425 Mil) but then declined from Dec. 2022 (€1,425 Mil) to Dec. 2023 (€8 Mil).

Melco Resorts and Entertainment Construction In Progress Historical Data

The historical data trend for Melco Resorts and Entertainment's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Melco Resorts and Entertainment Construction In Progress Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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170.90

386.58

945.96

1,425.40

8.44

Melco Resorts and Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	8.44	-

Melco Resorts and Entertainment Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Melco Resorts and Entertainment (FRA:MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (FRA:MAS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MLCO:USA 0A2P:UK M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.