Studio City International Holdings (Studio City International Holdings) Total Assets : $3,175.2 Mil (As of Mar. 2024)

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What is Studio City International Holdings Total Assets?

Studio City International Holdings's Total Assets for the quarter that ended in Mar. 2024 was $3,175.2 Mil.

During the past 12 months, Studio City International Holdings's average Total Assets Growth Rate was -5.80% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year.

During the past 9 years, Studio City International Holdings's highest 3-Year average Total Assets Growth Rate was 8.50%. The lowest was -3.50%. And the median was 4.70%.

Total Assets is connected with ROA %. Studio City International Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -1.99%. Total Assets is also linked to Revenue through Asset Turnover. Studio City International Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Studio City International Holdings Total Assets Historical Data

The historical data trend for Studio City International Holdings's Total Assets 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.

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Studio City International Holdings Total Assets Chart

Studio City International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,712.24

3,043.90

3,318.97

3,593.52

3,236.70

Studio City International Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															3,497.33	3,456.43	3,322.49	3,236.70	3,175.18

Studio City International Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Studio City International Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	728.983	+	2507.718
	=	3,236.7

Studio City International Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	707.333	+	2467.847
	=	3,175.2

Studio City International Holdings (NYSE:MSC) Total Assets Explanation

Total Assets is connected with ROA %.

Studio City International Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-63.804	/	( (3236.701	+	3175.18)	/ 2 )
	=	-63.804	/	3205.9405
	=	-1.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Studio City International Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	150.157	/	( (3236.701	+	3175.18)	/ 2 )
=	150.157	/	3205.9405
=	0.05

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Studio City International Holdings Total Assets Related Terms

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Studio City International Holdings (Studio City International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Studio City International Holdings Ltd (NYSE:MSC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.studiocity-macau.com

Studio City International Holdings Ltd is a world-class gaming, retail, and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, it offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a Warner Bros-themed family entertainment center, a 4-D Batman flight simulator, an exclusive night club, and a live performance arena. Geographically, the company derives the majority of its revenue from the Macau region.