Melco Resorts & Entertainment Limited (MAS) — Working Capital to Net Assets Ratio
Melco Resorts & Entertainment Limited (MAS) has a Working Capital to Net Assets ratio of 26.1% as of March 2026. Working capital of €-233.65 Million (current assets of €1.20 Billion minus current liabilities of €1.43 Billion) is measured against net assets of €-894.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MAS net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Melco Resorts & Entertainment Limited Working Capital to Net Assets (2016–2025)
This chart shows how Melco Resorts & Entertainment Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 26.1%, reflecting working capital of €-233.65 Million against net assets of €-894.53 Million EUR. Check MAS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Melco Resorts & Entertainment Limited (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Melco Resorts & Entertainment Limited from 2016 to 2025, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Melco Resorts & Entertainment Limited (MAS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.4% | €84.89 Million | €-903.63 Million | €1.27 Billion | €1.18 Billion | ▲ +16.0 pp |
| 2024 | -25.4% | €238.30 Million | €-939.96 Million | €1.43 Billion | €1.19 Billion | ▲ +27.1 pp |
| 2023 | -52.5% | €440.67 Million | €-840.05 Million | €1.54 Billion | €1.10 Billion | ▼ -829.5 pp |
| 2022 | 777.0% | €876.05 Million | €112.74 Million | €2.07 Billion | €1.20 Billion | ▲ +673.8 pp |
| 2021 | 103.3% | €846.86 Million | €819.88 Million | €1.87 Billion | €1.02 Billion | ▲ +54.7 pp |
| 2020 | 48.6% | €892.57 Million | €1.84 Billion | €2.01 Billion | €1.12 Billion | ▲ +36.8 pp |
| 2019 | 11.7% | €369.21 Million | €3.14 Billion | €1.89 Billion | €1.53 Billion | ▲ +14.3 pp |
| 2018 | -2.5% | €-69.12 Million | €2.75 Billion | €2.08 Billion | €2.15 Billion | ▼ -7.3 pp |
| 2017 | 4.8% | €160.78 Million | €3.34 Billion | €1.84 Billion | €1.68 Billion | ▼ -16.1 pp |
| 2016 | 20.9% | €800.41 Million | €3.82 Billion | €2.28 Billion | €1.48 Billion | — |