Melco Resorts & Entertainment (MLCO) Beginning Cash Balance (2010 - 2020)
Melco Resorts & Entertainment's Beginning Cash Balance was $550.72 million in the quarter ended Jun 30, 2020, down 25.5% from $739.23 million a year earlier and down 15.9% from the prior quarter.
Melco Resorts & Entertainment (MLCO) Beginning Cash Balance (2010 - 2020) Analysis & Trends
On a trailing twelve-month basis, Melco Resorts & Entertainment's Beginning Cash Balance was $2.6 billion through Jun 30, 2020, down 21.5% year-over-year.
- The figure for the quarter ended Jun 30, 2020 marks the lowest quarterly Beginning Cash Balance since the quarter ended Mar 31, 2016.
- Compared with a year earlier, Beginning Cash Balance was higher in two of the last six quarters, with an average decline of 12.9%.
- The best year-over-year quarter for Beginning Cash Balance over five years was the quarter ended Mar 31, 2017 (growth of 302.5%); the worst was the quarter ended Mar 31, 2016 (a decline of 76.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Melco Resorts & Entertainment | 1.82 Bn | -269.79 Mn | 1.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 550.72 Mn |
| Mar 31, 2020 | 654.62 Mn |
| Sep 30, 2019 | 650.51 Mn |
| Jun 30, 2019 | 739.23 Mn |
| Mar 31, 2019 | 882.99 Mn |
| Sep 30, 2018 | 841.91 Mn |
| Jun 30, 2018 | 843.11 Mn |
| Mar 31, 2018 | 837.31 Mn |
| Sep 30, 2017 | 813.06 Mn |
| Jun 30, 2017 | 791.95 Mn |
| Mar 31, 2017 | 1.11 Bn |
| Sep 30, 2016 | 721.54 Mn |
| Jun 30, 2016 | 1.13 Bn |
| Mar 31, 2016 | 276.48 Mn |
| Sep 30, 2015 | 1.23 Bn |
| Jun 30, 2015 | 1.25 Bn |
| Mar 31, 2015 | 1.19 Bn |
| Sep 30, 2014 | 1.60 Bn |
| Jun 30, 2014 | 1.24 Bn |
| Mar 31, 2014 | 1.16 Bn |
Melco Resorts & Entertainment Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=MLCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "MLCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();