Melco Resorts & Entertainment Ltd (MLCO) — Tangible Net Worth Ratio
Melco Resorts & Entertainment Ltd (MLCO) has a Tangible Net Worth Ratio of -101.9% as of June 2022. This metric is calculated by deducting intangible assets ($731.25 Million) from net assets ($362.17 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Melco Resorts & Entertainment Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Melco Resorts & Entertainment Ltd Tangible Net Worth Ratio (2003–2021)
This chart shows how Melco Resorts & Entertainment Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2003 to 2021. As of June 2022, the ratio stands at -101.9%, reflecting net assets of $362.17 Million with intangible assets of $731.25 Million USD. See Melco Resorts & Entertainment Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Melco Resorts & Entertainment Ltd (2003–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Melco Resorts & Entertainment Ltd from 2003 to 2021, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Melco Resorts & Entertainment Ltd.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 5.7% | $819.88 Million | $773.19 Million | $8.88 Billion | ▼ -47.2 pp |
| 2020 | 52.9% | $1.84 Billion | $865.07 Million | $9.02 Billion | ▼ -18.0 pp |
| 2019 | 70.9% | $3.14 Billion | $914.08 Million | $9.49 Billion | ▲ +6.9 pp |
| 2018 | 64.0% | $2.75 Billion | $987.26 Million | $8.88 Billion | ▼ -4.5 pp |
| 2017 | 68.6% | $3.34 Billion | $1.05 Billion | $8.90 Billion | ▼ -1.9 pp |
| 2016 | 70.5% | $3.82 Billion | $1.13 Billion | $9.34 Billion | ▼ -5.0 pp |
| 2015 | 75.5% | $4.93 Billion | $1.21 Billion | $10.41 Billion | ▲ +1.7 pp |
| 2014 | 73.8% | $5.04 Billion | $1.32 Billion | $10.43 Billion | ▲ +3.1 pp |
| 2013 | 70.7% | $4.92 Billion | $1.44 Billion | $8.81 Billion | ▲ +8.3 pp |
| 2012 | 62.5% | $2.50 Billion | $937.91 Million | $5.62 Billion | ▼ -7.8 pp |
| 2011 | 70.3% | $3.19 Billion | $947.19 Million | $6.27 Billion | ▼ -12.6 pp |
| 2010 | 82.9% | $2.52 Billion | $432.38 Million | $4.88 Billion | ▲ +0.9 pp |
| 2009 | 82.0% | $2.51 Billion | $451.80 Million | $4.90 Billion | ▲ +0.2 pp |
| 2008 | 81.8% | $2.41 Billion | $438.07 Million | $4.50 Billion | ▲ +0.4 pp |
| 2007 | 81.4% | $2.43 Billion | $451.69 Million | $3.62 Billion | ▲ +4.0 pp |
| 2006 | 77.4% | $1.89 Billion | $427.29 Million | $2.28 Billion | ▲ +33.0 pp |
| 2005 | 44.4% | $258.18 Million | $143.51 Million | $421.21 Million | ▲ +8.4 pp |
| 2004 | 36.0% | $82.27 Million | $52.61 Million | $106.11 Million | ▼ -64.0 pp |
| 2003 | 100.0% | $137.00K | $0.00 | $2.11 Million | — |