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.Y's short term assets (HK$11.2B) do not cover its short term liabilities (HK$16.3B).
Long Term Liabilities: MDEV.Y'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.Y's net debt to equity ratio (531.9%) is considered high.
Reducing Debt: MDEV.Y'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.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MDEV.Y 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:54 |
| End of Day Share Price | 2024/10/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Melco International Development Limited is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| D. S. Kim | BNP Paribas Securities (Asia) |
| Alfred Lau | BOCOM International Securities Limited |
| Ronald Leung | BofA Global Research |