Melco Resorts & Entertainment Limited (MLCO) quarterly balance sheet — complete assets, liabilities & equity history
Melco Resorts & Entertainment Limited (MLCO) balance sheet — 22-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1B | 1.15B | 1.2B | 1.27B | 1.72B | 1.39B | 1.37B | 1.43B | 1.36B | 1.39B | 1.39B | 1.54B | 1.67B | 1.68B | 1.58B | 2.07B | 1.99B | 2.05B | 2.12B | 1.87B |
| Cash & Short-Term Investments | 762.45M | 912.92M | 942.4M | 1.02B | 1.48B | 1.12B | 1.1B | 1.15B | 1.12B | 1.15B | 1.16B | 1.31B | 1.42B | 1.43B | 1.34B | 1.81B | 1.52B | 1.65B | 1.9B | 1.65B |
| Cash Only | 762.45M | 912.92M | 942.4M | 1.02B | 1.48B | 1.12B | 1.1B | 1.15B | 1.12B | 1.15B | 1.16B | 1.31B | 1.42B | 1.43B | 1.34B | 1.81B | 1.52B | 1.65B | 1.9B | 1.65B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 129.97M | 119.67M | 141.16M | 126.41M | 102.21M | 131.41M | 126.93M | 146.63M | 84.31M | 97.07M | 84.08M | 92.44M | 96.72M | 89.42M | 69.7M | 56.62M | 260.76M | 255.15M | 54.7M | 54.88M |
| Days Sales Outstanding | 9.79 | 9.46 | 8.78 | 8.13 | 8.21 | 8.85 | 9.99 | 8.92 | 7.1 | 7.11 | 7.22 | 7.96 | 8.42 | 7.64 | 7.93 | 43.31 | 98.13 | 47.61 | 10.38 | 10.27 |
| Inventory | 37.25M | 36.22M | 36.2M | 36.92M | 35.27M | 32.88M | 33.24M | 32.45M | 31.98M | 31.28M | 29.65M | 29.43M | 28.11M | 26.66M | 26.22M | 26.42M | 27.12M | 28.28M | 28.9M | 29.59M |
| Days Inventory Outstanding | 4.46 | 3.47 | 3.3 | 4.06 | 3.91 | 3.45 | 3.82 | 3.81 | 3.92 | 3.74 | 3.78 | 2.94 | 3.98 | 3.99 | 5.17 | 8.08 | 12.26 | 10.34 | 7.34 | 9.14 |
| Other Current Assets | 71.96M | 85.8M | 77.67M | 887K | 0 | 102.41M | 109.71M | 43.63M | 120.06M | 108M | 113.84M | 111.72M | 131M | 135.57M | 141.29M | 101.14M | 63.31M | 26.33M | 27.12M | 58.3M |
| Total Non-Current Assets | 6.16B | 6.22B | 6.2B | 6.33B | 6.39B | 6.43B | 6.53B | 6.56B | 6.64B | 6.63B | 6.68B | 6.79B | 7.04B | 7.2B | 7.19B | 7.23B | 6.85B | 6.95B | 6.98B | 7.01B |
| Property, Plant & Equipment | 5.05B | 5.63B | 5.13B | 5.23B | 5.29B | 5.32B | 5.35B | 5.36B | 5.42B | 5.4B | 5.48B | 5.6B | 5.76B | 5.84B | 5.89B | 5.93B | 5.89B | 5.96B | 5.98B | 5.98B |
| Fixed Asset Turnover | 0.22x | 0.23x | 0.26x | 0.25x | 0.25x | 0.25x | 0.23x | 0.22x | 0.22x | 0.21x | 0.20x | 0.19x | 0.18x | 0.16x | 0.12x | 0.06x | 0.04x | 0.05x | 0.08x | 0.08x |
| Goodwill | 23.29M | 23.31M | 23.32M | 23.49M | 25.85M | 25.63M | 81.94M | 82.09M | 81.98M | 81.62M | 81.46M | 81.58M | 81.39M | 81.3M | 81.19M | 81.61M | 81.19M | 81.21M | 81.42M | 81.72M |
| Intangible Assets | 784.11M | 267M | 259.79M | 815.96M | 823.75M | 829.33M | 843.68M | 855.06M | 301.29M | 861.02M | 872.17M | 887.43M | 991.54M | 1.01B | 936.16M | 714.48M | 721.63M | 731.25M | 735.35M | 773.19M |
| Long-Term Investments | 0 | 124.26M | 124.36M | 0 | 125.21M | 0 | 125.28M | 125.51M | 125.34M | 0 | 0 | 0 | 124.77M | 124.66M | 124.48M | 341.07M | 140K | 141K | 142K | 177.14M |
| Other Non-Current Assets | 294.49M | 173.22M | 663.24M | 254.66M | 119.09M | 251.26M | 128M | 131.85M | 704.45M | 282.52M | 249.77M | 217.71M | 208.81M | 143.35M | 159.98M | 159.7M | 147.57M | 179.11M | 184.59M | 140K |
| Total Assets | 7.16B | 7.37B | 7.4B | 7.6B | 8.1B | 7.81B | 7.9B | 7.99B | 7.99B | 8.01B | 8.08B | 8.34B | 8.71B | 8.88B | 8.76B | 9.3B | 8.83B | 9B | 9.11B | 8.88B |
| Asset Turnover | 0.16x | 0.17x | 0.18x | 0.16x | 0.16x | 0.17x | 0.16x | 0.15x | 0.15x | 0.14x | 0.14x | 0.13x | 0.12x | 0.11x | 0.08x | 0.04x | 0.03x | 0.03x | 0.05x | 0.05x |
| Asset Growth % | -11.67% | -5.64% | -6.42% | -4.85% | 1.35% | -2.52% | -2.14% | -4.2% | -8.25% | -9.75% | -7.86% | -10.39% | -1.34% | -1.35% | -3.75% | 4.71% | 1.5% | -0.34% | 2.93% | -1.52% |
| Total Current Liabilities | 1.11B | 1.14B | 1.43B | 1.18B | 1.58B | 1.2B | 1.13B | 1.19B | 1.14B | 1.07B | 1.02B | 1.1B | 1.01B | 1.16B | 942.06M | 1.2B | 847.85M | 867.69M | 870.09M | 1.02B |
| Accounts Payable | 19.22M | 19.51M | 18.6M | 25.91M | 17.38M | 16.92M | 18.8M | 24.79M | 22.12M | 22.54M | 13.59M | 11.75M | 12.46M | 11.09M | 8.52M | 6.73M | 5.75M | 5.9M | 6.92M | 5.99M |
| Days Payables Outstanding | 2.35 | 1.83 | 2.01 | 2.43 | 1.97 | 1.87 | 2.54 | 2.77 | 2.77 | 2.22 | 1.62 | 1.24 | 1.71 | 1.48 | 1.5 | 1.88 | 2.58 | 2.32 | 1.62 | 1.81 |
| Short-Term Debt | 0 | 65.67M | 397.84M | 0 | 457.75M | 51.3M | 21.61M | 21.6M | 34.25M | 0 | 0 | 0 | 0 | 100M | 0 | 322.5M | 127K | 127K | 128K | 128K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 375.86M | 0 | 0 | 0 | 250.96M | 0 | 0 | 0 | 331.51M | 0 | 0 | 0 | 406.21M |
| Other Current Liabilities | 0 | 1.02B | 991.9M | 29.21M | 30.38M | 0 | 0 | 31.89M | 0 | 0 | 0 | 148.46M | -253K | -369K | -322K | 172.98M | 13.71M | 13.33M | 13.26M | 265.21M |
| Current Ratio | 0.90x | 1.01x | 0.84x | 1.07x | 1.08x | 1.16x | 1.21x | 1.20x | 1.19x | 1.29x | 1.36x | 1.40x | 1.65x | 1.46x | 1.67x | 1.73x | 2.34x | 2.36x | 2.44x | 1.83x |
| Quick Ratio | 0.87x | 0.98x | 0.81x | 1.04x | 1.06x | 1.13x | 1.18x | 1.17x | 1.16x | 1.26x | 1.33x | 1.37x | 1.63x | 1.43x | 1.64x | 1.71x | 2.31x | 2.33x | 2.41x | 1.80x |
| Cash Conversion Cycle | 11.89 | 11.11 | 10.07 | 9.76 | 10.15 | 10.44 | 11.28 | 9.95 | 8.25 | 8.63 | 9.38 | 9.66 | 10.69 | 10.15 | 11.61 | 49.51 | 107.82 | 55.63 | 16.1 | 17.6 |
| Total Non-Current Liabilities | 7.5B | 7.56B | 6.86B | 7.32B | 7.47B | 7.69B | 7.72B | 7.73B | 7.74B | 7.79B | 7.91B | 8.07B | 8.36B | 8.35B | 8.42B | 8.42B | 8.09B | 7.77B | 7.55B | 7.04B |
| Long-Term Debt | 6.98B | 7.04B | 6.32B | 6.75B | 6.89B | 7.11B | 7.14B | 7.14B | 7.13B | 7.22B | 7.32B | 7.47B | 7.77B | 7.77B | 7.86B | 8.09B | 7.73B | 7.33B | 7.07B | 6.56B |
| Capital Lease Obligations | 203.58M | 207.07M | 216.46M | 224.7M | 230.34M | 239.1M | 244.98M | 246.61M | 254.02M | 218.25M | 233.74M | 241.33M | 242.36M | 253.71M | 260.69M | 254.12M | 285.85M | 373M | 402.8M | 410.52M |
| Deferred Tax Liabilities | 34.09M | 36.44M | 35.97M | 34.59M | 37.54M | 35.73M | 37.24M | 36.71M | 36.88M | 36.04M | 36.35M | 34.96M | 36.98M | 37.78M | 37.91M | 39.68M | 40.18M | 40.51M | 41.13M | 41.03M |
| Other Non-Current Liabilities | 281.45M | 276.74M | 283.02M | 309.8M | 317.15M | 305.41M | 295.45M | 315.3M | 320.84M | 310.99M | 313.2M | 322.59M | 312.62M | 288.64M | 257.51M | 33.71M | 32.58M | 32.7M | 32.32M | 30.52M |
| Total Liabilities | 8.61B | 8.7B | 8.29B | 8.5B | 9.06B | 8.89B | 8.85B | 8.93B | 8.89B | 8.86B | 8.93B | 9.18B | 9.37B | 9.5B | 9.36B | 9.62B | 8.93B | 8.64B | 8.42B | 8.06B |
| Total Debt | 7.24B | 7.31B | 6.94B | 7.02B | 7.63B | 7.46B | 7.46B | 7.46B | 7.47B | 7.49B | 7.61B | 7.77B | 8.07B | 8.18B | 8.18B | 8.71B | 8.06B | 7.76B | 7.54B | 7.04B |
| Net Debt | 6.47B | 6.4B | 6B | 6B | 6.15B | 6.34B | 6.36B | 6.31B | 6.35B | 6.34B | 6.45B | 6.46B | 6.65B | 6.74B | 6.84B | 6.9B | 6.54B | 6.11B | 5.65B | 5.38B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21.42x | 10.99x | 8.58x |
| Debt / EBITDA | 30.12x | 28.09x | 21.74x | 24.40x | 23.99x | 29.35x | 27.58x | 32.30x | 27.63x | 29.59x | 29.03x | 154.28x | 34.27x | 40.71x | 67.13x | - | - | - | 1398.42x | 176.94x |
| Net Debt / EBITDA | 26.95x | 24.58x | 18.79x | 20.85x | 19.33x | 24.94x | 23.50x | 27.33x | 23.49x | 25.05x | 24.59x | 128.25x | 28.24x | 33.58x | 56.14x | - | - | - | 1046.42x | 135.38x |
| Interest Coverage | 0.93x | 1.15x | 1.69x | 1.27x | 1.55x | 1.16x | 1.25x | 0.71x | 1.13x | 1.04x | 1.02x | -0.64x | 0.73x | 0.57x | 0.06x | -1.79x | -2.00x | -2.17x | -1.50x | -1.18x |
| Total Equity | -1.45B | -1.32B | -894.56M | -903.63M | -953.3M | -1.07B | -946.94M | -939.96M | -891.23M | -845.46M | -852.84M | -840.05M | -658.54M | -622.58M | -595.97M | -314.36M | -102.21M | 362.17M | 686.45M | 819.88M |
| Equity Growth % | -52.07% | -23.39% | 5.53% | 3.87% | -6.96% | -26.95% | -11.03% | -11.89% | -35.33% | -35.8% | -43.1% | -167.22% | -544.31% | -271.9% | -186.82% | -138.34% | -109.8% | -73.13% | -55.62% | -55.39% |
| Book Value per Share | -3.92 | -3.41 | -2.27 | -2.29 | -2.42 | -2.57 | -2.27 | -2.24 | -2.06 | -1.92 | -1.94 | -1.92 | -1.51 | -1.43 | -1.35 | -0.71 | -0.22 | 0.76 | 1.45 | 1.72 |
| Total Shareholders' Equity | -1.75B | -1.64B | -1.22B | -1.25B | -1.31B | -1.43B | -1.33B | -1.33B | -1.3B | -1.26B | -1.28B | -1.29B | -1.12B | -1.11B | -1.1B | -850.33M | -668.07M | -249.47M | 24.4M | 244.75M |
| Common Stock | 13.52M | 13.52M | 13.52M | 13.52M | 13.52M | 13.52M | 13.52M | 13.52M | 14.05M | 14.05M | 14.05M | 14.05M | 14.05M | 14.05M | 14.05M | 14.45M | 14.45M | 14.56M | 14.56M | 14.56M |
| Retained Earnings | -3.73B | -3.73B | -3.75B | -3.83B | -3.89B | -3.96B | -3.98B | -4.01B | -3.99B | -4.02B | -4.04B | -4.06B | -3.85B | -3.83B | -3.81B | -3.73B | -3.48B | -3.23B | -2.98B | -2.8B |
| Treasury Stock | -526.1M | -409.85M | -370M | -356.83M | -357.01M | -359M | -262.43M | -216.63M | -338.18M | -225.89M | -255.07M | -255.07M | -255.07M | -255.07M | -290.08M | -241.75M | -241.91M | -116.63M | -137.24M | -132.86M |
| Accumulated OCI | -118.73M | -113.38M | -107.14M | -63.71M | -59.78M | -94.8M | -87.69M | -95.75M | -78.17M | -116.72M | -116.53M | -98.6M | -130.47M | -122.61M | -122.07M | -111.97M | -173.51M | -144.76M | -102.26M | -76.01M |
| Minority Interest | 300.55M | 311.35M | 324.88M | 342.97M | 357.24M | 354.74M | 378.57M | 386.5M | 404.18M | 410.44M | 430.01M | 447.23M | 463.11M | 482.68M | 508.1M | 535.96M | 565.86M | 611.64M | 662.04M | 575.14M |