Melco Resorts & Entertainment (MLCO) Long-Term Deferred Tax (2009 - 2023)
Melco Resorts & Entertainment (MLCO) reported Long-Term Deferred Tax of -$32.2 million for Q4 2023, up 92.99% on a YoY basis from -$16.7 million in Q4 2022, and down 4155.54% sequentially from $794000.0 in Q2 2023.
Melco Resorts & Entertainment (MLCO) Long-Term Deferred Tax (2009 - 2023) Analysis & Trends
Melco Resorts & Entertainment (MLCO) has 15 years of Long-Term Deferred Tax data on file, last reported at -$32.2 million in Q4 2023.
- For the quarter ending Q4 2023, Long-Term Deferred Tax rose 92.99% year-over-year to -$32.2 million; the trailing twelve-month figure through Dec 2023 stood at -$32.2 million (up 92.99% YoY), and the FY2023 full-year result was -$32.2 million, up 92.99% from the prior year.
- Long-Term Deferred Tax eased to -$32.2 million in Q4 2023, from $794000.0 in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $6.8 million in Q3 2020 to a low of -$459.2 million in Q4 2022.
- A 5-year average of -$22.1 million and a median of $3.6 million in 2019 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax surged 46666.67% in 2019 and slumped 7433.89% in 2022, its largest moves.
- Tracing MLCO's Long-Term Deferred Tax over 5 years: stood at $3.6 million in 2019, then jumped by 79.2% to $6.4 million in 2020, then slipped by 1.8% to $6.3 million in 2021, then tumbled by 7433.89% to -$459.2 million in 2022, then surged by 92.99% to -$32.2 million in 2023.
- Business Quant data shows MLCO's Long-Term Deferred Tax at -$32.2 million in Q4 2023, $794000.0 in Q2 2023, and $362000.0 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -32.20 Mn |
| Jun 30, 2023 | 794,000.00 |
| Mar 31, 2023 | 362,000.00 |
| Dec 31, 2022 | -459.18 Mn |
| Sep 30, 2022 | 879,000.00 |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 2.71 Mn |
| Dec 31, 2021 | 6.26 Mn |
| Sep 30, 2021 | 6.70 Mn |
| Jun 30, 2021 | 6.59 Mn |
| Mar 31, 2021 | 6.38 Mn |
| Dec 31, 2020 | 6.38 Mn |
| Sep 30, 2020 | 6.79 Mn |
| Jun 30, 2020 | 6.29 Mn |
| Mar 31, 2020 | 5.64 Mn |
| Dec 31, 2019 | 3.56 Mn |
| Sep 30, 2019 | 4.58 Mn |
| Jun 30, 2019 | 3.17 Mn |
| Mar 31, 2019 | 2.81 Mn |
| Dec 31, 2018 | 6.44 Mn |