Melco Resorts & Entertainment Limited (MAS) - Net Assets

Latest as of March 2026: €-894.53 Million EUR ≈ $-1.05 Billion USD

Based on the latest financial reports, Melco Resorts & Entertainment Limited (MAS) has net assets worth €-894.53 Million EUR (≈ $-1.05 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.40 Billion ≈ $8.65 Billion USD) and total liabilities (€8.29 Billion ≈ $9.69 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MAS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€-894.53 Million
% of Total Assets	-12.09%
Annual Growth Rate	N/A
5-Year Change	-210.21%
10-Year Change	N/A
Growth Volatility	285.7

Melco Resorts & Entertainment Limited - Net Assets Trend (2016–2025)

This chart illustrates how Melco Resorts & Entertainment Limited's net assets have evolved over time, based on quarterly financial data. See Melco Resorts & Entertainment Limited (MAS) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Melco Resorts & Entertainment Limited (2016–2025)

The table below shows the annual net assets of Melco Resorts & Entertainment Limited from 2016 to 2025. For live valuation and market cap data, see Melco Resorts & Entertainment Limited (MAS) total market value.

Year	Net Assets	Change
2025-12-31	€-903.63 Million ≈ $-1.06 Billion	+3.87%
2024-12-31	€-939.96 Million ≈ $-1.10 Billion	-11.89%
2023-12-31	€-840.05 Million ≈ $-982.11 Million	-845.12%
2022-12-31	€112.74 Million ≈ $131.80 Million	-86.25%
2021-12-31	€819.88 Million ≈ $958.53 Million	-55.39%
2020-12-31	€1.84 Billion ≈ $2.15 Billion	-41.52%
2019-12-31	€3.14 Billion ≈ $3.67 Billion	+14.48%
2018-12-31	€2.75 Billion ≈ $3.21 Billion	-17.69%
2017-12-31	€3.34 Billion ≈ $3.90 Billion	-12.76%
2016-12-31	€3.82 Billion ≈ $4.47 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Melco Resorts & Entertainment Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 770.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	€2.58 Billion	%
Total Equity	€-1.25 Billion	100.00%

Melco Resorts & Entertainment Limited Competitors by Market Cap

The table below lists competitors of Melco Resorts & Entertainment Limited ranked by their market capitalization.

Company	Market Cap
Addus HomeCare Corporation NASDAQ:ADUS	$1.69 Billion
Hainan Haide Industry Co Ltd SHE:000567	$1.69 Billion
YOUZU Interactive Co Ltd SHE:002174	$1.69 Billion
Xinxiang Chemical Fiber Co Ltd SHE:000949	$1.69 Billion
Fufeng Group Limited F:FFO1	$1.69 Billion
Gas Malaysia Bhd KLSE:5209	$1.69 Billion
Shanghai DaZhong Public Utilities Group Co Ltd SHG:600635	$1.69 Billion
Hexing Electrical Co Ltd SHG:603556	$1.69 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Melco Resorts & Entertainment Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -1,326,460,000 to -1,246,602,000, a change of 79,858,000.
Net income of 185,045,000 contributed positively to equity growth.
Dividend payments of 78,000 reduced retained earnings.
Share repurchases of 166,010,000 reduced equity.
Other factors increased equity by 60,901,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€185.04 Million	+14.84%
Dividends Paid	€78.00K	-0.01%
Share Repurchases	€166.01 Million	-13.32%
Other Changes	€60.90 Million	+4.89%
Total Change	€-	%

Book Value vs Market Value Analysis

This analysis compares Melco Resorts & Entertainment Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€1.97	€4.54	x
2018-12-31	€1.54	€4.54	x
2019-12-31	€1.70	€4.54	x
2020-12-31	€0.77	€4.54	x
2021-12-31	€0.17	€4.54	x
2022-12-31	€0.08	€4.54	x
2023-12-31	€-0.98	€4.54	x
2024-12-31	€-1.05	€4.54	x
2025-12-31	€-1.06	€4.54	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Melco Resorts & Entertainment Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.58%
• Asset Turnover: 0.68x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-104.81%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	5.26%	3.89%	0.48x	2.79x	€-158.48 Million
2017	12.02%	6.57%	0.59x	3.08x	€58.25 Million
2018	16.52%	6.81%	0.58x	4.17x	€138.78 Million
2019	15.30%	6.50%	0.60x	3.89x	€129.28 Million
2020	-114.64%	-73.12%	0.19x	8.19x	€-1.37 Billion
2021	-331.67%	-40.34%	0.23x	36.30x	€-836.23 Million
2022	-650.90%	-75.52%	0.14x	59.45x	€-745.09 Million
2023	0.00%	-8.66%	0.45x	0.00x	€-198.19 Million
2024	0.00%	0.94%	0.58x	0.00x	€176.19 Million
2025	0.00%	3.58%	0.68x	0.00x	€309.71 Million

Industry Comparison

This section compares Melco Resorts & Entertainment Limited's net assets metrics with peer companies in the Resorts & Casinos industry.

Industry Context

Industry: Resorts & Casinos
Average net assets among peers: $1,560,388,667
Average return on equity (ROE) among peers: 55.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Melco Resorts & Entertainment Limited (MAS)	€-894.53 Million	5.26%	N/A	$1.69 Billion
SJM HOLDINGS UNSP.ADR/4 (3MG1)	$14.18 Billion	0.02%	2.44x	$1.66 Billion
SANDS CHINA ADR/1 O.N. (599)	$-700.00 Million	0.00%	0.00x	$14.41 Billion
Sands China Ltd (599A)	$5.84 Billion	24.99%	0.84x	$14.73 Billion
Wynn Macau Limited (8WY)	$1.52 Billion	411.30%	29.35x	$3.25 Billion
WYNN MACAU LTD ADR/10 (8WY0)	$-17.15 Billion	0.00%	0.00x	$3.19 Billion
The Star Entertainment Group Limited (EE9)	$3.78 Billion	3.92%	0.39x	$348.40 Million
MGM China Holdings Limited (M04)	$4.92 Billion	63.33%	3.47x	$4.55 Billion
NagaCorp Ltd (N9J)	$1.65 Billion	-8.91%	0.47x	$1.95 Billion
Regenbogen AG (RGB)	$16.23 Million	8.55%	1.33x	$12.30 Million

About Melco Resorts & Entertainment Limited

F:MAS Germany Resorts & Casinos

Market Cap

$2.06 Billion

€1.76 Billion EUR

Market Cap Rank

#6897 Global

#980 in Germany

Share Price

€4.54

Change (1 day)

-2.16%

52-Week Range

€4.36 - €8.60

All Time High

€26.53