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Melco Resorts and Entertainment Limited  (MLCO)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services

Melco Resorts And Entertainment Limited's Quick Ratio

MLCO's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 1.19 below Melco Resorts And Entertainment Limited's average Quick Ratio.

Within Hotels & Tourism industry 13 other companies have achieved higher Quick Ratio than Melco Resorts And Entertainment Limited in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 873.

Explain Quick Ratio?
How much Cash & cash equivalents MLCO´s has?
What are MLCO´s Current Liabilities?


MLCO Quick Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -7.93 % -7.93 % -7.93 % -7.93 % 17.3 %
Y / Y Cash & cash equivalent Change -29.67 % -29.67 % -29.67 % -29.67 % 12.74 %
Quick Ratio MRQ 1.19 1.19 1.19 1.19 1.55
MLCO's Total Ranking # 873 # 0 # 0 # 0 # 1764
Seq. Current Liabilities Change 0 % 0 % 0 % -7.93 % 0 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % -29.67 % 0 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Hotels & Tourism Industry # 14
Services Sector # 83
Overall Market # 873


Quick Ratio Statistics
High Average Low
80.42 6.31 0.97
(Dec 31 2011)   (Dec 31 2019)




Financial Statements
Melco Resorts And Entertainment Limited's Current Liabilities $ 1,104 Millions Visit MLCO's Balance sheet
Melco Resorts And Entertainment Limited's Cash & cash equivalent $ 1,311 Millions Visit MLCO's Balance sheet
Source of MLCO's Sales Visit MLCO's Sales by Geography


Cumulative Melco Resorts And Entertainment Limited's Quick Ratio

MLCO's Quick Ratio for the trailling 12 Months

MLCO Quick Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -7.93 % -7.93 % -7.93 % -7.93 % 17.3 %
Y / Y Cash & cash equivalent TTM Growth -29.67 % -29.67 % -29.67 % -29.67 % 12.74 %
Quick Ratio TTM 1.19 1.29 1.38 1.47 1.55
Total Ranking TTM # 2197 # 0 # 0 # 0 # 1543
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -7.93 % 0 %
Seq. Cash & cash equivalent TTM Growth 0 % 0 % 0 % -29.67 % 0 %


On the trailing twelve months basis In spite of the year on year decrease in MLCO's Current Liabilities to $1,103.62 millions, cumulative Quick Ratio to 1.19 above the company average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Hotels & Tourism industry 31 other companies have achieved higher Quick Ratio than Melco Resorts And Entertainment Limited. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 0 to 2197.

Explain Quick Ratio?
How much Cash & cash equivalents MLCO´s has?
What are MLCO´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Hotels & Tourism Industry # 32
Services Sector # 325
Within the Market # 2197


trailing twelve months Quick Ratio Statistics
High Average Low
1.62 1.17 0.74
(Dec 31 2021)   (Dec 31 2018)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Hotels & Tourism Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Host Hotels and Resorts Inc   2.80 $ 1,144.000  Millions$ 408.000  Millions
Parks America Inc   2.46 $ 3.606  Millions$ 1.463  Millions
Planet Fitness inc   2.40 $ 350.743  Millions$ 145.938  Millions
Century Casinos Inc   1.90 $ 171.327  Millions$ 90.025  Millions
Draftkings Inc   1.85 $ 1,270.503  Millions$ 686.223  Millions
Xenia Hotels and Resorts Inc   1.61 $ 164.725  Millions$ 102.389  Millions
Target Hospitality Corp   1.48 $ 103.929  Millions$ 70.330  Millions
Studio City International Holdings Limited  1.45 $ 228.040  Millions$ 156.777  Millions
Wynn Resorts Limited  1.31 $ 2,879.186  Millions$ 2,200.454  Millions
Rush Street Interactive Inc   1.22 $ 168.330  Millions$ 137.693  Millions
Melco Resorts and Entertainment Limited  1.19 $ 1,310.742  Millions$ 1,103.620  Millions
Las Vegas Sands Corp   1.15 $ 5,105.000  Millions$ 4,422.000  Millions
Penn Entertainment Inc   0.97 $ 1,071.800  Millions$ 1,106.100  Millions
Full House Resorts Inc  0.94 $ 73.794  Millions$ 78.552  Millions
Mgm Resorts International  0.94 $ 2,927.833  Millions$ 3,126.068  Millions
Genius Sports Limited  0.74 $ 100.331  Millions$ 134.959  Millions
Butler National Corp  0.71 $ 17.885  Millions$ 25.226  Millions
Boyd Gaming Corp  0.52 $ 307.930  Millions$ 596.322  Millions
International Game Technology Plc  0.44 $ 739.000  Millions$ 1,691.000  Millions
Red Rock Resorts Inc   0.39 $ 137.586  Millions$ 349.219  Millions
Caesars Entertainment inc   0.37 $ 1,005.000  Millions$ 2,690.000  Millions
Everi Holdings Inc   0.30 $ 267.215  Millions$ 884.497  Millions
Hyatt Hotels Corporation  0.26 $ 930.000  Millions$ 3,578.000  Millions

Date modified: 2024-03-22T19:15:11+00:00



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