Melco International Development (Melco International Development) Debt-to-Equity : 46.06 (As of Jun. 2023)

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

What is Melco International Development Debt-to-Equity?

Melco International Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $55 Mil. Melco International Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $8,793 Mil. Melco International Development's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $192 Mil. Melco International Development's debt to equity for the quarter that ended in Jun. 2023 was 46.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

MDEVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 2.28 Max: 46.06
Current: 99.06

During the past 13 years, the highest Debt-to-Equity Ratio of Melco International Development was 46.06. The lowest was 0.10. And the median was 2.28.

MDEVF's Debt-to-Equity is ranked worse than
100% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs MDEVF: 99.06

Melco International Development Debt-to-Equity Historical Data

The historical data trend for Melco International Development's Debt-to-Equity 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 Debt-to-Equity Chart

Melco International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.63

5.03

8.97

41.63

99.06

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
Debt-to-Equity	Get a 7-Day Free Trial															8.97	15.86	41.63	46.06	99.06

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

For the Resorts & Casinos subindustry, Melco International Development's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Melco International Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(279.583	+	9298.676)	/	230.085
	=	41.63

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(54.682	+	8792.995)	/	192.091
	=	46.06

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Melco International Development Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Melco International Development's Debt-to-Equity 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 » Debt-to-Equity

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.