Quick Ratio Analysis of Melco Resorts & Entmt Ltd - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.37
Period Ending - Dec-22
Indecisive Quick Ratio
1.71
Growth
-19.67 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.33
Quick Ratio Analysis of Melco Resorts & Entmt Ltd
Quick Ratio of Melco Resorts & Entmt Ltd with value of 1.33 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of MLCO has fallen by -19.67 % Compared to previous Financial Year. |
Quick Ratio with value of 1.80 was highest in Year Dec-21 in last Five Years. |
Quick Ratio with value of 1.21 was lowest in Year Dec-19 in last Five Years. |
Latest Quick Ratio with value of 1.37 is lower than Average Quick Ratio of 1.57 in last five years. |
Other Quick Ratio Related Info of MLCO that may interest you.
Melco Resorts & Entmt Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MLCO | 7.84 | 8.06 | 2.73 % | Resorts & Casinos |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Quick Ratio of Melco Resorts & Entmt Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 1.37 | 1.71 | 1.80 | 1.77 | 1.21 | 0.900 | 1.07 |
Change | -19.67 % | -5.05 % | 1.90 % | 45.58 % | 34.83 % | -16.27 % | -29.25 % |
FY Chart of Quick Ratio of Melco Resorts & Entmt Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)