Melco International Development (Melco International Development) Cash-to-Debt : 0.17 (As of Jun. 2023)

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What is Melco International Development Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Melco International Development's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.17.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Melco International Development couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Melco International Development's Cash-to-Debt or its related term are showing as below:

MDEVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.32 Max: 2.35
Current: 0.16

During the past 13 years, Melco International Development's highest Cash to Debt Ratio was 2.35. The lowest was 0.16. And the median was 0.32.

MDEVF's Cash-to-Debt is ranked worse than
72.37% of 818 companies
in the Travel & Leisure industry
Industry Median: 0.56 vs MDEVF: 0.16

Melco International Development Cash-to-Debt Historical Data

The historical data trend for Melco International Development's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Melco International Development Cash-to-Debt Chart

Melco International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.26

0.22

0.19

0.16

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
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.20	0.19	0.17	0.16

Competitive Comparison of Melco International Development's Cash-to-Debt

For the Resorts & Casinos subindustry, Melco International Development's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Melco International Development's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Melco International Development's Cash-to-Debt falls into.

Melco International Development Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Melco International Development's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1841.739	/	(279.583	+	9298.676)
	=	0.19

Melco International Development's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1502.98	/	(54.682	+	8792.995)
	=	0.17

Melco International Development (OTCPK:MDEVF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Melco International Development Cash-to-Debt Related Terms

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Melco International Development (Melco International Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco International Development Ltd (OTCPK:MDEVF) » Definitions » Cash-to-Debt

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.