Melco International Development (Melco International Development) ROCE % : 1.27% (As of Jun. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Melco International Development ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Melco International Development's annualized ROCE % for the quarter that ended in Jun. 2023 was 1.27%.

Melco International Development ROCE % Historical Data

The historical data trend for Melco International Development's ROCE % 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.

* Premium members only.

Melco International Development ROCE % Chart

Melco International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.33

-11.29

-6.23

-8.12

1.07

Melco International Development Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-6.65	-7.73	-8.97	1.27	0.84

Melco International Development ROCE % Calculation

Melco International Development's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-885.115	/	( ( (12077.61 - 1632.46)	+	(12470.986 - 1112.219) )	/ 2 )
	=	-885.115	/	( (10445.15	+	11358.767)	/ 2 )
	=	-885.115	/	10901.9585
	=	-8.12 %

Melco International Development's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	141.754	/	( ( (12470.986 - 1112.219)	+	(11993.635 - 1060.92) )	/ 2 )
	=	141.754	/	( ( 11358.767	+	10932.715 )	/ 2 )
	=	141.754	/	11145.741
	=	1.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Melco International Development (OTCPK:MDEVF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Melco International Development ROCE % Related Terms

Thank you for viewing the detailed overview of Melco International Development's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Melco International Development (Melco International Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco International Development Ltd (OTCPK:MDEVF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MDEVY:USA 00200:Hong Kong MX7A:Germany

Address

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

Website

https://www.melco-group.com

Melco International Development Ltd together with its subsidiaries is a developer, owner and operator of international network of casino gaming and entertainment casino resorts. Its operating segments include Casino and Hospitality segment, and the Others segment. The Casino and Hospitality segment comprises operation of casino and provision of hospitality through Melco Resorts and ICR Group. The Others segment comprises other gaming, leisure and entertainment, and property investments. The company's operations are mainly located in Macau, Hong Kong, the Philippines, Cyprus, and Japan. Geographically, the company derives maximum revenue from Macau.