Melco Resorts & Entertainment (MLCO) Non Operating Interest Expenses (2009 - 2019)
Melco Resorts & Entertainment (MLCO) posted Non Operating Interest Expenses of -$84.4 million for Q4 2019, down 129.34% sequentially from -$36.8 million in Q3 2019, and down 14.11% YoY from -$98.3 million in Q4 2018.
Melco Resorts & Entertainment (MLCO) Non Operating Interest Expenses (2009 - 2019) Analysis & Trends
Melco Resorts & Entertainment has reported Non Operating Interest Expenses for 11 years, with the latest figure at -$84.4 million in Q4 2019.
- Quarterly Non Operating Interest Expenses fell 14.11% year-over-year to -$84.4 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was -$266.8 million (down 25.13% YoY) and the FY2019 annual result came in at -$138.0 million, down 138.71% from the prior year.
- Non Operating Interest Expenses retreated to -$84.4 million in Q4 2019 per MLCO's latest filing, from -$36.8 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at -$1.4 million in Q1 2015 and troughed at -$84.4 million in Q4 2019.
- A 5-year average of -$44.2 million and a median of -$56.3 million in 2016 frame the typical range for Non Operating Interest Expenses.
- The sharpest annual moves came in 2015 and 2017: Non Operating Interest Expenses soared 90.82% in 2015, then plunged 784.27% in 2017.
- Over 5 years, Non Operating Interest Expenses stood at -$44.1 million in 2015, then retreated by 27.32% to -$56.2 million in 2016, then declined by 8.05% to -$60.7 million in 2017, then declined by 21.92% to -$74.0 million in 2018, then dropped by 14.11% to -$84.4 million in 2019.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$84.4 million, -$36.8 million, and -$75.9 million for Q4 2019, Q3 2019, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 189.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | 102.13 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 152.18 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | - |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | 31.42 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 51.32 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | - |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 70.00 Mn |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | 49.65 Mn |
| 10 | Melco Resorts & Entertainment | 2.14 Bn | 1.52 Bn | - | -111.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -84.43 Mn |
| Sep 30, 2019 | -36.82 Mn |
| Jun 30, 2019 | -75.92 Mn |
| Mar 31, 2019 | -69.62 Mn |
| Dec 31, 2018 | -73.99 Mn |
| Sep 30, 2018 | -19.10 Mn |
| Jun 30, 2018 | -61.38 Mn |
| Mar 31, 2018 | -58.74 Mn |
| Dec 31, 2017 | -60.69 Mn |
| Sep 30, 2017 | -8.91 Mn |
| Jun 30, 2017 | -10.28 Mn |
| Mar 31, 2017 | -65.84 Mn |
| Dec 31, 2016 | -56.17 Mn |
| Sep 30, 2016 | -56.38 Mn |
| Jun 30, 2016 | -58.53 Mn |
| Mar 31, 2016 | -7.45 Mn |
| Dec 31, 2015 | -44.12 Mn |
| Sep 30, 2015 | -10.04 Mn |
| Jun 30, 2015 | -23.93 Mn |
| Mar 31, 2015 | -1.36 Mn |