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
DateValue
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