Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has gaming tables and gaming machines; suites and villas; restaurants and bars; retail outlets; a wet stage performance theater; and recreation and leisure facilities. The company also operates Altira Macau… Read more
Melco Resorts & Entertainment Ltd (MLCO) - Net Assets
Latest net assets as of December 2025: $-903.63 Million USD
Based on the latest financial reports, Melco Resorts & Entertainment Ltd (MLCO) has net assets worth $-903.63 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.60 Billion) and total liabilities ($8.50 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-903.63 Million |
| % of Total Assets | -11.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | -210.21% |
| 10-Year Change | -123.63% |
| Growth Volatility | 13378.53 |
Melco Resorts & Entertainment Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Melco Resorts & Entertainment Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Melco Resorts & Entertainment Ltd (2003–2025)
The table below shows the annual net assets of Melco Resorts & Entertainment Ltd from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-903.63 Million | +3.87% |
| 2024-12-31 | $-939.96 Million | -11.89% |
| 2023-12-31 | $-840.05 Million | -167.22% |
| 2022-12-31 | $-314.36 Million | -138.34% |
| 2021-12-31 | $819.88 Million | -55.39% |
| 2020-12-31 | $1.84 Billion | -41.52% |
| 2019-12-31 | $3.14 Billion | +14.48% |
| 2018-12-31 | $2.75 Billion | -17.69% |
| 2017-12-31 | $3.34 Billion | -12.76% |
| 2016-12-31 | $3.82 Billion | -22.48% |
| 2015-12-31 | $4.93 Billion | -2.18% |
| 2014-12-31 | $5.04 Billion | +2.37% |
| 2013-12-31 | $4.92 Billion | +96.99% |
| 2012-12-31 | $2.50 Billion | -21.57% |
| 2011-12-31 | $3.19 Billion | +26.33% |
| 2010-12-31 | $2.52 Billion | +0.56% |
| 2009-12-31 | $2.51 Billion | +4.17% |
| 2008-12-31 | $2.41 Billion | -0.82% |
| 2007-12-31 | $2.43 Billion | +28.47% |
| 2006-12-31 | $1.89 Billion | +632.18% |
| 2005-12-31 | $258.18 Million | +213.84% |
| 2004-12-31 | $82.27 Million | +59948.91% |
| 2003-12-31 | $137.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Melco Resorts & Entertainment Ltd'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 382828400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.52 Million | % |
| Other Comprehensive Income | $-63.71 Million | % |
| Other Components | $2.63 Billion | % |
| Total Equity | $-1.25 Billion | 100.00% |
Melco Resorts & Entertainment Ltd Competitors by Market Cap
The table below lists competitors of Melco Resorts & Entertainment Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BaoViet Holdings
VN:BVH
|
$2.21 Billion |
|
NORTHERN OIL A.GAS DL-001
F:4LT1
|
$2.21 Billion |
|
UNO Minda Limited
NSE:UNOMINDA
|
$2.21 Billion |
|
Valeo SA
PA:FR
|
$2.21 Billion |
|
Sime Darby Property Berhad
PINK:SIMEF
|
$2.21 Billion |
|
Signify N.V
PINK:SFFYF
|
$2.21 Billion |
|
Ocado Group plc
PINK:OCDDY
|
$2.21 Billion |
|
BANCFIRST CORP. DL 1
F:BF1
|
$2.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Melco Resorts & Entertainment Ltd'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.
- Other comprehensive income increased equity by 32,038,000.
- Other factors decreased equity by 137,225,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $185.04 Million | +14.84% |
| Other Comprehensive Income | $32.04 Million | +2.57% |
| Other Changes | $-137.22 Million | -11.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Melco Resorts & Entertainment Ltd'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 |
|---|---|---|---|
| 2003-12-31 | $0.00 | $5.68 | x |
| 2004-12-31 | $0.13 | $5.68 | x |
| 2005-12-31 | $0.46 | $5.68 | x |
| 2006-12-31 | $4.21 | $5.68 | x |
| 2007-12-31 | $5.95 | $5.68 | x |
| 2008-12-31 | $5.47 | $5.68 | x |
| 2009-12-31 | $5.13 | $5.68 | x |
| 2010-12-31 | $4.74 | $5.68 | x |
| 2011-12-31 | $5.49 | $5.68 | x |
| 2012-12-31 | $4.52 | $5.68 | x |
| 2013-12-31 | $7.66 | $5.68 | x |
| 2014-12-31 | $7.74 | $5.68 | x |
| 2015-12-31 | $8.00 | $5.68 | x |
| 2016-12-31 | $6.58 | $5.68 | x |
| 2017-12-31 | $5.79 | $5.68 | x |
| 2018-12-31 | $4.21 | $5.68 | x |
| 2019-12-31 | $5.07 | $5.68 | x |
| 2020-12-31 | $2.31 | $5.68 | x |
| 2021-12-31 | $0.51 | $5.68 | x |
| 2022-12-31 | $-1.83 | $5.68 | x |
| 2023-12-31 | $-2.94 | $5.68 | x |
| 2024-12-31 | $-3.06 | $5.68 | x |
| 2025-12-31 | $-3.11 | $5.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Melco Resorts & Entertainment Ltd 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 (-11.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 100.00% | 22.42% | 0.29x | 15.42x | $123.30K |
| 2004 | -1.22% | -16.59% | 0.06x | 1.29x | $-9.23 Million |
| 2005 | -1.37% | -18.81% | 0.04x | 1.76x | $-27.13 Million |
| 2006 | -3.89% | -203.54% | 0.02x | 1.21x | $-262.52 Million |
| 2007 | -7.34% | -49.68% | 0.10x | 1.49x | $-421.01 Million |
| 2008 | -0.10% | -0.17% | 0.31x | 1.87x | $-243.32 Million |
| 2009 | -12.29% | -23.14% | 0.27x | 1.95x | $-559.37 Million |
| 2010 | -0.42% | -0.40% | 0.54x | 1.94x | $-262.84 Million |
| 2011 | 9.97% | 7.69% | 0.61x | 2.12x | $-959.50K |
| 2012 | 19.27% | 11.77% | 0.73x | 2.25x | $231.85 Million |
| 2013 | 15.01% | 12.53% | 0.58x | 2.08x | $212.80 Million |
| 2014 | 14.19% | 12.67% | 0.46x | 2.43x | $179.67 Million |
| 2015 | 2.44% | 2.66% | 0.38x | 2.40x | $-328.22 Million |
| 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 | 0.00% | -68.93% | 0.15x | 0.00x | $-845.49 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 Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Melco Resorts & Entertainment Ltd (MLCO) | $-903.63 Million | 100.00% | N/A | $2.21 Billion |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |