Melco International Development Balance Sheet Health
Financial Health criteria checks 2/6
Melco International Development has a total shareholder equity of HK$9.8B and total debt of HK$61.6B, which brings its debt-to-equity ratio to 625.3%. Its total assets and total liabilities are HK$86.5B and HK$76.7B respectively. Melco International Development's EBIT is HK$3.0B making its interest coverage ratio 0.7. It has cash and short-term investments of HK$9.2B.
Key information
625.3%
Debt to equity ratio
HK$61.57b
Debt
| Interest coverage ratio | 0.7x |
| Cash | HK$9.20b |
| Equity | HK$9.85b |
| Total liabilities | HK$76.65b |
| Total assets | HK$86.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDEV.F's short term assets (HK$11.2B) do not cover its short term liabilities (HK$16.3B).
Long Term Liabilities: MDEV.F's short term assets (HK$11.2B) do not cover its long term liabilities (HK$60.3B).
Debt to Equity History and Analysis
Debt Level: MDEV.F's net debt to equity ratio (531.9%) is considered high.
Reducing Debt: MDEV.F's debt to equity ratio has increased from 106.7% to 625.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MDEV.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDEV.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.7% per year.