Melco Resorts & Entertainment (MLCO) Short-term Investments (2017 - 2020)
Melco Resorts & Entertainment (MLCO) recorded Short-term Investments of $25 million in the quarter ended Sep 30, 2020, down 66.3% from $74.11 million a year earlier but up 2.1% from the prior quarter.
Melco Resorts & Entertainment (MLCO) Short-term Investments (2017 - 2020) Analysis & Trends
As of Dec 31, 2019, Melco Resorts & Entertainment reported Short-term Investments of $49.37 million, down 46.1% from the prior year.
- Across earlier years, Short-term Investments came in at $91.6 million in the year ended Dec 31, 2018 (+1.9%) and $89.87 million in the year ended Dec 31, 2017.
- Quarterly Short-term Investments has ranged from $24.49 million in the quarter ended Jun 30, 2020 to $363.48 million in the quarter ended Mar 31, 2020 over the past five years.
- On a year-over-year basis, Short-term Investments rose in two of the last eight quarters, with growth averaging 21.2%.
- Peak year-over-year performance for Short-term Investments in the last five years was growth of 411.7% in the quarter ended Mar 31, 2020, against a decline of 66.5% in the quarter ended Jun 30, 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $24.49 million (quarter ended Jun 30, 2020), $363.48 million (quarter ended Mar 31, 2020) and $49.37 million (quarter ended Dec 31, 2019).
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 |
|---|---|
| Sep 30, 2020 | 25.00 Mn |
| Jun 30, 2020 | 24.49 Mn |
| Mar 31, 2020 | 363.48 Mn |
| Dec 31, 2019 | 49.37 Mn |
| Sep 30, 2019 | 74.11 Mn |
| Jun 30, 2019 | 73.10 Mn |
| Mar 31, 2019 | 71.03 Mn |
| Dec 31, 2018 | 91.60 Mn |
| Sep 30, 2018 | 92.83 Mn |
| Jun 30, 2018 | 92.33 Mn |
| Mar 31, 2018 | 94.09 Mn |
| Dec 31, 2017 | 89.87 Mn |
Melco Resorts & Entertainment Short-term Investments 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=short-term-investments&ticker=MLCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=MLCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();