Melco Historical Cash Flow
| MLCO Stock | USD 6.07 0.12 2.02% |
Analysis of Melco Resorts cash flow over time is an excellent tool to project Melco Resorts Entert future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 400.2 M or Other Non Cash Items of 75 M as it is a great indicator of Melco Resorts ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Melco Resorts Entert latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Melco Resorts Entert is a good buy for the upcoming year.
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About Melco Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Melco balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Melco's non-liquid assets can be easily converted into cash.
Melco Resorts Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by Melco Resorts Entert to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Melco Resorts operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Melco Resorts' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Melco Resorts Entert current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Melco Resorts' Change To Inventory is very stable compared to the past year. As of the 25th of November 2024, Free Cash Flow is likely to grow to about 376.7 M, though Change In Cash is likely to grow to (525 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Other Non Cash Items | 73.2M | 11.1M | 144.2M | 75.0M | Depreciation | 579.8M | 521.9M | 520.7M | 400.2M |
Melco Resorts cash flow statement Correlations
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Melco Resorts Account Relationship Matchups
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High Negative Relationship
Melco Resorts cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (593K) | (2.2M) | 16.1M | 4.2M | 20.2M | 21.2M | |
| Change In Cash | (88.1M) | 323.3M | (102.5M) | 335.1M | (552.6M) | (525.0M) | |
| Free Cash Flow | 386.2M | (1.3B) | (948.2M) | (1.2B) | 358.8M | 376.7M | |
| Change In Working Capital | (365.9M) | (475.9M) | (36.3M) | (132.9M) | 242.5M | 254.7M | |
| Other Cashflows From Financing Activities | (28.8M) | 2.6B | (30.3M) | 1.9B | (7.8M) | (7.4M) | |
| Depreciation | 651.2M | 618.5M | 579.8M | 521.9M | 520.7M | 400.2M | |
| Other Non Cash Items | 121.1M | 390.9M | 73.2M | 11.1M | 144.2M | 75.0M | |
| Capital Expenditures | 449.9M | 463.9M | 679.4M | 622.1M | 263.9M | 250.7M | |
| Total Cash From Operating Activities | 836.2M | (861.0M) | (268.8M) | (619.4M) | 622.7M | 422.8M | |
| Net Income | 394.2M | (1.5B) | (956.5M) | (1.1B) | (326.9M) | (310.6M) | |
| Total Cash From Financing Activities | 97.1M | 1.3B | 821.7M | 1.8B | (1.1B) | (1.1B) | |
| End Period Cash Flow | 1.4B | 1.8B | 1.7B | 2.0B | 1.4B | 1.3B | |
| Change To Netincome | 35.4M | 157.3M | 242.3M | (16.8M) | (19.3M) | (18.4M) | |
| Begin Period Cash Flow | 1.5B | 1.4B | 1.8B | 1.7B | 2.0B | 1.3B | |
| Stock Based Compensation | 31.8M | 54.4M | 68.0M | 71.8M | 35.5M | 25.5M | |
| Change To Account Receivables | (77.6M) | 27.5M | 67.6M | (396K) | (31.5M) | (33.1M) | |
| Sale Purchase Of Stock | 2.9B | (45.0M) | (61.0M) | (192.5M) | (170.5M) | (162.0M) | |
| Investments | (1.0B) | 410.0M | (674.6M) | (806.1M) | (48.5M) | (50.9M) | |
| Net Borrowings | 503.0M | 341.0M | 1.3B | 913.0M | 1.0B | 1.1B | |
| Total Cashflows From Investing Activities | (662.1M) | (1.0B) | (53.3M) | (674.6M) | (775.7M) | (814.5M) | |
| Dividends Paid | 301.0M | 79.1M | 6.7M | 196K | 314K | 298.3K | |
| Change To Operating Activities | 54.1M | (30.7M) | 58.8M | (15.4M) | (17.7M) | (16.8M) | |
| Change To Liabilities | 183.3M | 167.4M | (341.8M) | (470.6M) | (178.9M) | 0.0 |
Pair Trading with Melco Resorts
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melco Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melco Resorts will appreciate offsetting losses from the drop in the long position's value.Moving against Melco Stock
| 0.73 | LNW | Light Wonder | PairCorr |
| 0.39 | IGT | International Game | PairCorr |
| 0.31 | DNUT | Krispy Kreme Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Melco Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melco Resorts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melco Resorts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melco Resorts Entertainment to buy it.
The correlation of Melco Resorts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melco Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melco Resorts Entert moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Melco Resorts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Melco Resorts. If investors know Melco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Melco Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.797 | Earnings Share (0.32) | Revenue Per Share 10.403 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0375 |
The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Melco Resorts' market value can be influenced by many factors that don't directly affect Melco Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.