Melco Resorts & Entertainment Ltd (MLCO) - Net Assets
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. Check financial resilience of Melco Resorts & Entertainment Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore MLCO current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Melco Resorts & Entertainment Ltd stock valuation.
| 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 |
|---|---|
|
DO & CO Aktiengesellschaft
VI:DOC
|
$2.22 Billion |
|
SPS Commerce Inc
NASDAQ:SPSC
|
$2.22 Billion |
|
OKE Precision Cutting Tools Co. Ltd. A
SHG:688308
|
$2.22 Billion |
|
Jiangzhong Pharmaceutical Co Ltd
SHG:600750
|
$2.22 Billion |
|
Banner Corporation
NASDAQ:BANR
|
$2.22 Billion |
|
Embotelladora Andina S.A
SN:ANDINA-B
|
$2.22 Billion |
|
GPS Participações e Empreendimentos S.A
SA:GGPS3
|
$2.22 Billion |
|
Benchmark Electronics Inc
NYSE:BHE
|
$2.22 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.
- Dividend payments of 78,000 reduced retained earnings.
- Share repurchases of 166,010,000 reduced equity.
- Other comprehensive income increased equity by 32,038,000.
- Other factors increased equity by 28,863,000.
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 Comprehensive Income | $32.04 Million | +2.57% |
| Other Changes | $28.86 Million | +2.32% |
| 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 | $5.46 | x |
| 2004-12-31 | $0.13 | $5.46 | x |
| 2005-12-31 | $0.46 | $5.46 | x |
| 2006-12-31 | $4.21 | $5.46 | x |
| 2007-12-31 | $5.95 | $5.46 | x |
| 2008-12-31 | $5.47 | $5.46 | x |
| 2009-12-31 | $5.13 | $5.46 | x |
| 2010-12-31 | $4.74 | $5.46 | x |
| 2011-12-31 | $5.49 | $5.46 | x |
| 2012-12-31 | $4.52 | $5.46 | x |
| 2013-12-31 | $7.66 | $5.46 | x |
| 2014-12-31 | $7.74 | $5.46 | x |
| 2015-12-31 | $8.00 | $5.46 | x |
| 2016-12-31 | $6.58 | $5.46 | x |
| 2017-12-31 | $5.79 | $5.46 | x |
| 2018-12-31 | $4.21 | $5.46 | x |
| 2019-12-31 | $5.07 | $5.46 | x |
| 2020-12-31 | $2.31 | $5.46 | x |
| 2021-12-31 | $0.51 | $5.46 | x |
| 2022-12-31 | $-1.83 | $5.46 | x |
| 2023-12-31 | $-2.94 | $5.46 | x |
| 2024-12-31 | $-3.06 | $5.46 | x |
| 2025-12-31 | $-3.11 | $5.46 | 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: $975,593,943
- Average return on equity (ROE) among peers: 14.51%
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 | $2.22 Billion |
| Bally's Corp (BALY) | $115.57 Million | 38.80% | 4.55x | $650.91 Million |
| Boyd Gaming Corporation (BYD) | $1.54 Billion | 30.14% | 3.04x | $6.36 Billion |
| Century Casinos Inc (CNTY) | $24.00 Million | 13.55% | 1.34x | $40.65 Million |
| Canterbury Park Holding Corporation (CPHC) | $5.70 Million | -15.79% | 0.75x | $80.67 Million |
| Caesars Entertainment Corporation (CZR) | $298.45 Million | 8.22% | 3.34x | $3.95 Billion |
| Full House Resorts Inc (FLL) | $56.10 Million | -10.38% | 2.77x | $88.50 Million |
| Golden Entertainment Inc (GDEN) | $227.36 Million | 9.21% | 0.59x | $740.46 Million |
| Hilton Grand Vacations Inc (HGV) | $518.00 Million | 63.13% | 3.60x | $3.93 Billion |
| Las Vegas Sands Corp (LVS) | $6.94 Billion | -6.44% | 1.96x | $35.70 Billion |
| Monarch Casino & Resort Inc (MCRI) | $31.43 Million | 14.64% | 2.85x | $1.70 Billion |
About Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integr… Read more