MLCO
Price:
$5.98
Market Cap:
$2.51B
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 approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various n...[Read more]
Industry
Gambling, Resorts & Casinos
IPO Date
2006-12-19
Stock Exchange
NASDAQ
Ticker
MLCO
According to Melco Resorts & Entertainment Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of -9.33% compared to the average of 1.31 of the last 4 quarters.
The mean historical Current Ratio of Melco Resorts & Entertainment Limited over the last ten years is 1.67. The current 1.19 Current Ratio has changed 7.02% with respect to the historical average. Over the past ten years (40 quarters), MLCO's Current Ratio was at its highest in in the June 2015 quarter at 2.73. The Current Ratio was at its lowest in in the June 2019 quarter at 0.82.
Average
1.67
Median
1.64
Minimum
0.92
Maximum
2.66
Discovering the peaks and valleys of Melco Resorts & Entertainment Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 44.92%
Maximum Annual Current Ratio = 2.66
Minimum Annual Increase = -38.02%
Minimum Annual Current Ratio = 0.92
Year | Current Ratio | Change |
---|---|---|
2023 | 1.40 | -19.16% |
2022 | 1.73 | -5.35% |
2021 | 1.83 | 1.60% |
2020 | 1.80 | 44.92% |
2019 | 1.24 | 35.15% |
2018 | 0.92 | -16.11% |
2017 | 1.10 | -28.92% |
2016 | 1.54 | -38.02% |
2015 | 2.49 | -6.54% |
2014 | 2.66 | 4.61% |
The current Current Ratio of Melco Resorts & Entertainment Limited (MLCO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.65
5-year avg
1.60
10-year avg
1.67
Melco Resorts & Entertainment Limited’s Current Ratio is less than Wynn Resorts, Limited (1.53), less than MGM Resorts International (1.24), greater than Caesars Entertainment, Inc. (0.84), greater than PENN Entertainment, Inc. (0.94), greater than Las Vegas Sands Corp. (0.90), greater than Monarch Casino & Resort, Inc. (0.57), greater than Golden Entertainment, Inc. (1.11), greater than Bally's Corporation (0.56), less than Century Casinos, Inc. (1.79),
Company | Current Ratio | Market cap |
---|---|---|
1.53 | $9.75B | |
1.24 | $10.34B | |
0.84 | $7.08B | |
0.94 | $2.77B | |
0.90 | $37.62B | |
0.57 | $1.44B | |
1.11 | $856.06M | |
0.56 | $721.84M | |
1.79 | $96.04M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Melco Resorts & Entertainment Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Melco Resorts & Entertainment Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Melco Resorts & Entertainment Limited's Current Ratio?
How is the Current Ratio calculated for Melco Resorts & Entertainment Limited (MLCO)?
What is the highest Current Ratio for Melco Resorts & Entertainment Limited (MLCO)?
What is the 3-year average Current Ratio for Melco Resorts & Entertainment Limited (MLCO)?
What is the 5-year average Current Ratio for Melco Resorts & Entertainment Limited (MLCO)?
How does the current Current Ratio for Melco Resorts & Entertainment Limited (MLCO) compare to its historical average?