Melco Resorts and Entertainment (STU:MAS) Gross-Profit-to-Asset % : 19.63% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Melco Resorts and Entertainment Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Melco Resorts and Entertainment's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,480 Mil. Melco Resorts and Entertainment's average Total Assets over the quarter that ended in Mar. 2024 was €7,537 Mil. Therefore, Melco Resorts and Entertainment's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.63%.

Melco Resorts and Entertainment Gross-Profit-to-Asset % Historical Data

The historical data trend for Melco Resorts and Entertainment's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Melco Resorts and Entertainment Gross-Profit-to-Asset % Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

22.82

1.95

6.03

3.25

15.77

Melco Resorts and Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.88	15.78	17.62	18.95	19.63

Competitive Comparison of Melco Resorts and Entertainment's Gross-Profit-to-Asset %

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Melco Resorts and Entertainment's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Melco Resorts and Entertainment's Gross-Profit-to-Asset % falls into.

Melco Resorts and Entertainment Gross-Profit-to-Asset % Calculation

Melco Resorts and Entertainment's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	1295.323	/	( (8780.884	+	7643.261)	/ 2 )
	=	1295.323	/	8212.0725
	=	15.77 %

Melco Resorts and Entertainment's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1479.512	/	( (7643.261	+	7430.088)	/ 2 )
	=	1479.512	/	7536.6745
	=	19.63 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Melco Resorts and Entertainment Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Melco Resorts and Entertainment's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Melco Resorts and Entertainment (STU:MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (STU:MAS) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

MLCO:USA 0A2P:UK M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.