Melco International Development Limited

OTCPK:MDEV.Y Stock Report

Market Cap: US$997.5m

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 ratio0.7x
CashHK$9.20b
EquityHK$9.85b
Total liabilitiesHK$76.65b
Total assetsHK$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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