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Melco Resorts and Entertainment (Melco Resorts and Entertainment) Debt-to-Asset : 0.94 (As of Mar. 2024)


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What is Melco Resorts and Entertainment Debt-to-Asset?

Melco Resorts and Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $53 Mil. Melco Resorts and Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $7,558 Mil. Melco Resorts and Entertainment's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $8,076 Mil. Melco Resorts and Entertainment's debt to asset for the quarter that ended in Mar. 2024 was 0.94.


Melco Resorts and Entertainment Debt-to-Asset Historical Data

The historical data trend for Melco Resorts and Entertainment's Debt-to-Asset 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 Resorts and Entertainment Debt-to-Asset Chart

Melco Resorts and Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.68 0.79 0.94 0.93

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
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.92 0.93 0.93 0.94

Competitive Comparison of Melco Resorts and Entertainment's Debt-to-Asset

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

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

* The bar in red indicates where Melco Resorts and Entertainment's Debt-to-Asset falls into.



Melco Resorts and Entertainment Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Melco Resorts and Entertainment's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(54.992 + 7713.952) / 8335.072
=0.93

Melco Resorts and Entertainment's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(52.7 + 7557.632) / 8076.183
=0.94

* 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.


Melco Resorts and Entertainment  (NAS:MLCO) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Melco Resorts and Entertainment Debt-to-Asset Related Terms

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Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description

Traded in Other Exchanges
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
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.