Is it safe?
Can MLCO take a bad year?
Melco Resorts & Entertainment Limited carries $5.72B of net debt at 5.00× EBITDA: a heavy load to carry through a bad year.
$5.72B
Net debt · as at FY2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.00×
Net debt / EBITDA · 5.86× a year ago · the load is coming down
- Interest cover
- 1.29×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 44%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $6.75B
- Cash and short-term investments
- $1.02B
- Net debt
- $5.72B
- EBITDA, trailing twelve months
- $1.14B
- Operating profit, trailing twelve months
- $600M
- Total debt / EBITDA
- 5.90×
- Annualised volatilitytwo years of daily moves
- 44%
- Worst drawdown on file
- −86%
- Below its 52-week high
- −47%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.