GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (NAS:MLCO) » Definitions » Equity-to-Asset

Melco Resorts and Entertainment (Melco Resorts and Entertainment) Equity-to-Asset

: -0.15 (As of Dec. 2023)
View and export this data going back to 2006. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Melco Resorts and Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1,287 Mil. Melco Resorts and Entertainment's Total Assets for the quarter that ended in Dec. 2023 was $8,335 Mil. Therefore, Melco Resorts and Entertainment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.15.

The historical rank and industry rank for Melco Resorts and Entertainment's Equity-to-Asset or its related term are showing as below:

MLCO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.15   Med: 0.25   Max: 0.42
Current: -0.15

During the past 13 years, the highest Equity to Asset Ratio of Melco Resorts and Entertainment was 0.42. The lowest was -0.15. And the median was 0.25.

MLCO's Equity-to-Asset is ranked worse than
93.57% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs MLCO: -0.15

Melco Resorts and Entertainment Equity-to-Asset Historical Data

The historical data trend for Melco Resorts and Entertainment's Equity-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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.12 0.03 -0.09 -0.15

Melco Resorts and Entertainment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only -0.09 -0.13 -0.12 -0.13 -0.15

Competitive Comparison

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution

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

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



Melco Resorts and Entertainment Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-1287.28/8335.072
=-0.15

Melco Resorts and Entertainment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-1287.28/8335.072
=-0.15

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Melco Resorts and Entertainment Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Melco Resorts and Entertainment's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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.