Melco Retained Earnings vs Net Debt Analysis

MLCO Stock

USD 5.85 0.21 3.72%

Melco Resorts financial indicator trend analysis is infinitely more than just investigating Melco Resorts Entert recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melco Resorts Entert is a good investment. Please check the relationship between Melco Resorts Retained Earnings and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Melco Resorts Entert Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Melco Resorts' Retained Earnings and Net Debt is -0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Melco Resorts Entertainment, assuming nothing else is changed. The correlation between historical values of Melco Resorts' Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Melco Resorts Entertainment are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Melco Resorts' Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Melco Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melco Resorts Entert current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

As of the 20th of September 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Selling General Administrative is likely to drop about 336.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	520.6M	286.5M	891.8M	862.0M
Total Revenue	2.0B	1.3B	3.8B	3.0B

Gross Profit Total Revenue

Melco Resorts fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Common Stock Total Equity	Inventory	Other Current Assets
Total Assets		0.55	0.77	0.78	0.35	0.43	0.89	0.17	0.89	0.75	0.52	0.87	0.62	0.8	0.43	0.89	0.47	-0.02	0.54	0.97	-0.02	0.14	0.83	0.74	0.79	0.67
Short Long Term Debt Total	0.55		0.15	0.33	-0.58	0.99	0.54	-0.31	0.37	0.24	1.0	0.46	0.99	0.16	0.16	0.72	0.61	-0.81	-0.01	0.66	-0.26	-0.49	0.51	0.36	0.5	0.86
Other Current Liab	0.77	0.15		0.94	0.53	0.05	0.6	0.03	0.64	0.64	0.12	0.68	0.28	0.59	0.37	0.69	0.51	0.26	0.9	0.75	-0.15	0.36	0.7	0.54	0.82	0.42
Total Current Liabilities	0.78	0.33	0.94		0.32	0.24	0.65	0.02	0.63	0.57	0.29	0.67	0.44	0.53	0.57	0.77	0.68	0.04	0.81	0.79	-0.24	0.2	0.67	0.5	0.85	0.57
Total Stockholder Equity	0.35	-0.58	0.53	0.32		-0.67	0.24	0.53	0.46	0.5	-0.6	0.33	-0.5	0.64	0.21	0.01	-0.34	0.91	0.48	0.18	0.35	0.66	0.23	0.33	0.13	-0.37
Net Debt	0.43	0.99	0.05	0.24	-0.67		0.4	-0.4	0.24	0.11	0.98	0.36	0.96	0.03	0.1	0.64	0.59	-0.87	-0.09	0.56	-0.27	-0.58	0.4	0.24	0.42	0.83
Cash	0.89	0.54	0.6	0.65	0.24	0.4		0.34	0.9	0.79	0.53	0.8	0.6	0.73	0.41	0.8	0.42	-0.1	0.41	0.85	-0.06	0.28	0.83	0.76	0.68	0.6
Other Assets	0.17	-0.31	0.03	0.02	0.53	-0.4	0.34		0.36	0.5	-0.31	0.24	-0.29	0.61	0.46	-0.21	-0.46	0.45	0.0	-0.04	0.46	0.66	0.22	0.43	-0.25	-0.27
Cash And Short Term Investments	0.89	0.37	0.64	0.63	0.46	0.24	0.9	0.36		0.8	0.35	0.78	0.44	0.87	0.44	0.7	0.22	0.15	0.41	0.79	-0.04	0.33	0.74	0.76	0.59	0.43
Common Stock Shares Outstanding	0.75	0.24	0.64	0.57	0.5	0.11	0.79	0.5	0.8		0.25	0.85	0.34	0.81	0.33	0.47	0.11	0.15	0.56	0.65	0.3	0.6	0.87	0.94	0.45	0.26
Non Current Liabilities Total	0.52	1.0	0.12	0.29	-0.6	0.98	0.53	-0.31	0.35	0.25		0.45	0.99	0.14	0.09	0.69	0.6	-0.83	-0.02	0.63	-0.27	-0.45	0.52	0.38	0.47	0.84
Other Stockholder Equity	0.87	0.46	0.68	0.67	0.33	0.36	0.8	0.24	0.78	0.85	0.45		0.54	0.68	0.28	0.72	0.44	-0.09	0.48	0.85	0.25	0.23	0.89	0.85	0.65	0.54
Total Liab	0.62	0.99	0.28	0.44	-0.5	0.96	0.6	-0.29	0.44	0.34	0.99	0.54		0.22	0.19	0.77	0.68	-0.77	0.13	0.72	-0.29	-0.38	0.61	0.44	0.59	0.88
Total Current Assets	0.8	0.16	0.59	0.53	0.64	0.03	0.73	0.61	0.87	0.81	0.14	0.68	0.22		0.53	0.45	-0.06	0.38	0.39	0.62	0.15	0.45	0.63	0.74	0.36	0.21
Short Term Debt	0.43	0.16	0.37	0.57	0.21	0.1	0.41	0.46	0.44	0.33	0.09	0.28	0.19	0.53		0.28	0.15	0.1	0.3	0.34	0.01	0.14	0.22	0.26	0.24	0.23
Property Plant And Equipment Net	0.89	0.72	0.69	0.77	0.01	0.64	0.8	-0.21	0.7	0.47	0.69	0.72	0.77	0.45	0.28		0.76	-0.31	0.48	0.96	-0.3	-0.15	0.71	0.5	0.91	0.85
Current Deferred Revenue	0.47	0.61	0.51	0.68	-0.34	0.59	0.42	-0.46	0.22	0.11	0.6	0.44	0.68	-0.06	0.15	0.76		-0.56	0.37	0.63	-0.48	-0.33	0.41	0.18	0.75	0.76
Retained Earnings	-0.02	-0.81	0.26	0.04	0.91	-0.87	-0.1	0.45	0.15	0.15	-0.83	-0.09	-0.77	0.38	0.1	-0.31	-0.56		0.29	-0.19	0.25	0.6	-0.15	-0.02	-0.15	-0.63
Accounts Payable	0.54	-0.01	0.9	0.81	0.48	-0.09	0.41	0.0	0.41	0.56	-0.02	0.48	0.13	0.39	0.3	0.48	0.37	0.29		0.54	-0.02	0.52	0.62	0.48	0.71	0.24
Non Current Assets Total	0.97	0.66	0.75	0.79	0.18	0.56	0.85	-0.04	0.79	0.65	0.63	0.85	0.72	0.62	0.34	0.96	0.63	-0.19	0.54		-0.09	-0.01	0.82	0.66	0.87	0.79
Non Currrent Assets Other	-0.02	-0.26	-0.15	-0.24	0.35	-0.27	-0.06	0.46	-0.04	0.3	-0.27	0.25	-0.29	0.15	0.01	-0.3	-0.48	0.25	-0.02	-0.09		0.29	0.15	0.31	-0.32	-0.34
Net Receivables	0.14	-0.49	0.36	0.2	0.66	-0.58	0.28	0.66	0.33	0.6	-0.45	0.23	-0.38	0.45	0.14	-0.15	-0.33	0.6	0.52	-0.01	0.29		0.39	0.52	0.04	-0.34
Good Will	0.83	0.51	0.7	0.67	0.23	0.4	0.83	0.22	0.74	0.87	0.52	0.89	0.61	0.63	0.22	0.71	0.41	-0.15	0.62	0.82	0.15	0.39		0.87	0.71	0.61
Common Stock Total Equity	0.74	0.36	0.54	0.5	0.33	0.24	0.76	0.43	0.76	0.94	0.38	0.85	0.44	0.74	0.26	0.5	0.18	-0.02	0.48	0.66	0.31	0.52	0.87		0.43	0.33
Inventory	0.79	0.5	0.82	0.85	0.13	0.42	0.68	-0.25	0.59	0.45	0.47	0.65	0.59	0.36	0.24	0.91	0.75	-0.15	0.71	0.87	-0.32	0.04	0.71	0.43		0.74
Other Current Assets	0.67	0.86	0.42	0.57	-0.37	0.83	0.6	-0.27	0.43	0.26	0.84	0.54	0.88	0.21	0.23	0.85	0.76	-0.63	0.24	0.79	-0.34	-0.34	0.61	0.33	0.74

Click cells to compare fundamentals

Melco Resorts Account Relationship Matchups

Melco Resorts fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.5B	9.0B	8.9B	9.3B	8.3B	7.0B
Short Long Term Debt Total	4.8B	6.1B	7.0B	8.7B	7.8B	8.2B
Other Current Liab	1.2B	721.8M	640.7M	543.1M	666.9M	706.8M
Total Current Liabilities	1.5B	1.1B	1.0B	1.2B	1.1B	996.9M
Total Stockholder Equity	2.4B	1.1B	244.7M	(850.3M)	(1.3B)	(1.2B)
Net Debt	3.4B	4.3B	5.4B	6.9B	6.5B	6.8B
Cash	1.4B	1.8B	1.7B	1.8B	1.3B	1.2B
Other Assets	180.2M	291.4M	181.3M	501.4M	(1.0)	(0.95)
Cash And Short Term Investments	1.4B	1.8B	1.7B	1.8B	1.3B	1.3B
Common Stock Shares Outstanding	481.1M	477.4M	478.0M	463.7M	438.2M	523.3M
Liabilities And Stockholders Equity	9.5B	9.0B	8.9B	9.3B	8.3B	7.0B
Non Current Liabilities Total	4.8B	6.1B	7.0B	8.4B	8.1B	8.5B
Other Stockholder Equity	3.1B	3.1B	3.1B	3.0B	2.9B	2.8B
Total Liab	6.3B	7.2B	8.1B	9.6B	9.2B	9.6B
Total Current Assets	1.9B	2.0B	1.9B	2.1B	1.5B	1.7B
Short Term Debt	73.0M	107.2M	65.5M	370.2M	55.0M	52.2M
Property Plant And Equipment Net	5.8B	5.8B	6.0B	5.9B	5.6B	4.1B
Current Deferred Revenue	255.9M	277.9M	309.7M	278.6M	370.0M	202.7M
Retained Earnings	(644.8M)	(2.0B)	(2.8B)	(3.7B)	(4.1B)	(3.9B)
Accounts Payable	21.9M	9.5M	6.0M	6.7M	11.8M	11.5M
Non Current Assets Total	7.6B	7.0B	7.0B	7.2B	6.8B	5.6B
Non Currrent Assets Other	176.6M	275K	140K	159.7M	43.3M	41.1M
Net Receivables	284.8M	130.4M	54.9M	56.6M	92.4M	87.8M
Good Will	95.6M	82.2M	81.7M	81.6M	81.6M	85.6M
Inventory	44.0M	37.3M	29.6M	26.4M	29.4M	22.1M
Other Current Assets	121.6M	86.4M	131.4M	119.4M	111.7M	86.8M
Property Plant And Equipment Gross	5.8B	5.8B	6.0B	5.2B	10.5B	11.0B
Accumulated Other Comprehensive Income	(18.8M)	(11.3M)	(76.0M)	(112.0M)	(98.6M)	(103.5M)
Intangible Assets	914.1M	865.1M	773.2M	714.5M	887.4M	856.2M
Common Stock	14.8M	14.8M	14.6M	14.5M	14.0M	15.4M
Property Plant Equipment	5.8B	5.8B	6.0B	5.9B	6.8B	4.0B
Other Liab	75.5M	75.2M	71.6M	73.4M	84.4M	82.8M
Long Term Debt	4.4B	5.6B	6.6B	8.1B	7.5B	7.8B
Net Tangible Assets	1.4B	154.8M	(610.2M)	(1.6B)	(1.5B)	(1.4B)
Deferred Long Term Liab	22.7M	5.5M	44.0M	36.0M	32.4M	56.8M
Short Long Term Debt	146K	129K	128K	322.5M	290.3M	320.0M

Pair Trading with Melco Resorts

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melco Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melco Resorts will appreciate offsetting losses from the drop in the long position's value.

Moving together with Melco Stock

0.77

Smart Share Global

Pair Corr

Moving against Melco Stock

0.87	EVRI	Everi Holdings	Pair Corr
0.83	CSV	Carriage Services	Pair Corr
0.79	GAN	Gan	Pair Corr
0.61	BYD	Boyd Gaming	Pair Corr
0.54	WH	Wyndham Hotels Resorts	Pair Corr

The ability to find closely correlated positions to Melco Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melco Resorts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melco Resorts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melco Resorts Entertainment to buy it.

The correlation of Melco Resorts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melco Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melco Resorts Entert moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Melco Resorts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Information and Resources on Investing in Melco Stock

When determining whether Melco Resorts Entert offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Melco Resorts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Melco Resorts Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Melco Resorts Entertainment Stock:

How To Invest In Melco

Details

Is Melco Stock a good investment?

Details

What is Melco Resorts' Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

View

Largest Consumer Services Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Melco Resorts. If investors know Melco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Melco Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

7.797

Earnings Share

(0.43)

Revenue Per Share

10.01

Quarterly Revenue Growth

0.223

Return On Assets

0.0338

The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Melco Resorts' market value can be influenced by many factors that don't directly affect Melco Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Melco Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Melco Resorts fundamental ratios Correlations

Melco Resorts Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Melco Resorts fundamental ratios Accounts

Pair Trading with Melco Resorts

Moving together with Melco Stock

Moving against Melco Stock

Additional Information and Resources on Investing in Melco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Net Debt
Non Current Assets Total	+ 0.97	Total Assets

Retained Earnings	- 0.87	Net Debt
Retained Earnings	- 0.83	Non Current Liabilities Total
Retained Earnings	- 0.81	Short Long Term Debt Total
Retained Earnings	- 0.77	Total Liab
Net Debt	- 0.67	Total Stockholder Equity
Other Current Assets	- 0.63	Retained Earnings