← STUDIO CITY INTERNATIONAL HOLDINGS Ltd
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying Value | $348.4m | $345.9m | $299.4m | $575.2m | $499.3m | $509.5m | $228.0m | $127.6m | $109.4m | |
| Prepaid Expense and Other Assets, Current | $17.9m | $27.6m | $14.2m | $12.5m | $42.6m | $38.7m | $39.0m | $29.1m | $10.7m | |
| Restricted Cash and Cash Equivalents, Current | $34.4m | $31.6m | $27.7m | $13k | $0 | — | — | — | — | |
| Accounts receivable, net of allowances for credit losses of $11 and $11 | $2.3m | $1.7m | $1.4m | $157k | $247k | $263k | $2.3m | $2.0m | $1.9m | |
| Receivables from affiliated companies | — | — | — | — | $15.7m | $221k | $41.0m | $309k | $735k | |
| Prepaid expenses and other current assets | $17.9m | $27.6m | $14.2m | $12.5m | $42.6m | $38.7m | $39.0m | $29.1m | $10.7m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | — | $0 | ($10k) | ($11k) | ($11k) | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | — | $509.5m | $228.0m | $127.6m | $109.4m | |
| Cash Equivalents | — | — | — | — | — | $455.2m | $183.7m | $34.0m | — | |
| Gross Accounts Receivable | — | — | — | — | — | $263k | $2.3m | $2.0m | $1.9m | |
| Non Current Prepaid Assets | — | — | — | — | — | $29.2m | $9.2m | $230k | $229k | |
| Prepaid Assets | — | — | — | — | $42.6m | $38.7m | — | — | — | |
| Inventory, Net | $10.1m | $9.9m | $9.8m | $9.3m | $5.8m | $5.1m | $5.8m | $7.3m | $8.7m | |
| Assets, Current | $460.9m | $459.0m | $414.4m | $607.8m | $563.7m | $553.8m | $316.1m | $166.4m | $131.5m | |
| Total current assets | $460.9m | $459.0m | $414.4m | $607.8m | $563.7m | $553.8m | $316.1m | $166.4m | $131.5m | |
| Property, Plant and Equipment, Net | $2.3b | $2.2b | $2.1b | $2.2b | $2.6b | $2.9b | $2.8b | $2.7b | $2.5b | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | — | $4.0m | $2.8m | $1.4m | $5k | $0 | — | |
| Goodwill And Other Intangible Assets | — | — | — | — | — | $110.0m | $105.3m | $102.6m | $99.1m | |
| Operating Lease, Right-of-Use Asset | — | — | $14.2m | $17.4m | $14.6m | $13.1m | $11.6m | $11.6m | $11.6m | |
| Other Assets, Noncurrent | — | — | — | $26.1m | $19.5m | $12.5m | $12.0m | $36.1m | $55.1m | |
| Long-term prepayments, deposits and other assets | $60.7m | $45.8m | $57.1m | $117.6m | $69.6m | $48.3m | $27.8m | $52.5m | $69.1m | |
| Operating lease right-of-use assets | — | $0 | $14.2m | $17.4m | $14.6m | $13.1m | $11.6m | $11.6m | $11.6m | |
| Additional Financial Items | ||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $2.3m | $1.7m | $1.4m | $157k | $247k | $263k | $2.3m | $2.0m | $1.9m | |
| Restricted cash | $130k | $129k | $130k | $131k | $130k | $130k | $130k | $130k | $130k | |
| Land use right, net | $125.7m | $121.5m | $118.9m | $116.1m | $112.1m | $108.6m | $105.3m | $102.6m | $99.1m | |
| Accrued expenses and other current liabilities | $155.8m | $62.8m | $82.6m | $118.9m | $201.4m | $165.7m | $135.5m | $118.1m | $91.4m | |
| Income tax payable | $0 | $33k | $33k | $33k | $21k | $22k | $10k | $7.6m | $15.3m | |
| Payables to affiliated companies | — | — | — | — | $53.1m | $81.2m | $18.8m | $30.1m | $66.9m | |
| Operating lease liabilities, non-current | — | $0 | $13.7m | $17.1m | $14.8m | $13.5m | $12.2m | $12.2m | $12.1m | |
| Ordinary shares, value | $18k | $31k | $31k | $44k | $44k | $84k | $84k | $84k | $84k | |
| Accumulated losses | ($773.2m) | ($798.1m) | ($764.5m) | ($1.1b) | ($1.3b) | ($1.7b) | ($1.8b) | ($1.9b) | ($2.0b) | |
| Participation interest | $0 | $252.9m | $267.3m | $207.7m | $154.8m | $75.5m | $62.9m | $55.8m | $49.5m | |
| Accumulated Depreciation | — | — | — | — | — | ($912.7m) | ($1.0b) | ($1.2b) | ($1.4b) | |
| Buildings And Improvements | — | — | — | — | — | $2.3b | $3.4b | $3.4b | $3.4b | |
| Capital Lease Obligations | — | — | — | — | — | $14.6m | $13.3m | $13.8m | $14.1m | |
| Cash Financial | — | — | — | — | — | $54.3m | $44.3m | $93.7m | — | |
| Construction In Progress | — | — | — | — | — | $1.1b | $1.8m | $3.4m | $1.3m | |
| Current Accrued Expenses | — | — | — | — | — | $75.1m | $84.5m | $85.0m | $75.9m | |
| Current Capital Lease Obligation | — | — | — | — | — | $1.1m | $1.1m | $1.6m | $2.0m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | — | $1.1m | $1.1m | $23.1m | $2.0m | |
| Current Deferred Liabilities | — | — | — | — | — | $1.8m | $4.4m | $5.6m | $4.7m | |
| Duefrom Related Parties Current | — | — | — | — | — | $221k | $41.0m | $309k | $735k | |
| Dueto Related Parties Current | — | — | — | — | — | $81.2m | $18.8m | $30.1m | $66.9m | |
| Gross PPE | — | — | — | — | — | $3.8b | $3.8b | $3.9b | $3.9b | |
| Interest Payable | — | — | — | — | — | $63.4m | $60.5m | $55.9m | $49.9m | |
| Invested Capital | — | — | — | — | — | $3.3b | $3.1b | $2.8b | $2.6b | |
| Leases | — | — | — | — | — | $111.0m | $134.1m | $160.2m | $182.8m | |
| Long Term Capital Lease Obligation | — | — | — | — | — | $13.5m | $12.2m | $12.2m | $12.1m | |
| Machinery Furniture Equipment | — | — | — | — | — | $289.0m | $304.6m | $321.2m | $329.9m | |
| Net Debt | — | — | — | — | — | $1.9b | $2.1b | $2.0b | $1.9b | |
| Net PPE | — | — | — | — | — | $2.9b | $2.8b | $2.7b | $2.5b | |
| Net Tangible Assets | — | — | — | — | — | $766.1m | $623.7m | $543.9m | $474.3m | |
| Non Current Deferred Assets | — | — | — | — | — | $333k | $278k | $8.8m | $7.1m | |
| Non Current Deferred Liabilities | — | — | — | — | — | $382k | $309k | $77k | $60k | |
| Ordinary Shares Number | — | — | — | — | — | $770.4m | $770.4m | $770.4m | $770.4m | |
| Other Current Liabilities | — | — | — | — | $13.0m | $11.7m | — | — | — | |
| Other Equity Adjustments | — | — | — | — | — | ($11.7m) | ($12.7m) | $8.7m | $618k | |
| Other Equity Interest | — | — | — | — | — | $75.5m | $62.9m | $55.8m | $49.5m | |
| Other Non Current Assets | — | — | — | — | — | $17.2m | $17.5m | $40.8m | $59.1m | |
| Other Non Current Liabilities | — | — | — | — | — | $21.6m | $3.2m | $4.1m | $6.3m | |
| Other Payable | — | — | — | — | — | $87.7m | $45.5m | $25.9m | $8.8m | |
| Other Properties | — | — | — | — | — | $13.1m | $11.6m | $11.6m | $11.6m | |
| Properties | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Share Issued | — | — | — | — | — | $770.4m | $770.4m | $770.4m | $770.4m | |
| Tangible Book Value | — | — | — | — | — | $766.1m | $623.7m | $543.9m | $474.3m | |
| Working Capital | — | — | — | — | — | $306.5m | $159.3m | ($14.4m) | ($48.6m) | |
| Total shareholders' equity | $740.0m | $843.5m | $891.4m | $1.1b | $789.4m | $800.6m | $666.1m | $590.7m | $523.9m | |
| Total shareholders' equity and participation interest | $740.0m | $1.1b | $1.2b | $1.3b | $944.2m | $876.1m | $729.0m | $646.5m | $573.4m | |
| Total Capitalization | — | — | — | — | — | $3.3b | $3.1b | $2.8b | $2.6b | |
| Total Debt | — | — | — | — | — | $2.4b | $2.3b | $2.2b | $2.0b | |
| Total Non Current Assets | — | — | — | — | — | $3.0b | $2.9b | $2.8b | $2.7b | |
| Total Tax Payable | — | — | — | — | — | $22k | $10k | $7.6m | $15.3m | |
| Assets | $2.9b | $2.8b | $2.7b | $3.0b | $3.3b | $3.6b | $3.2b | $3.0b | $2.8b | |
| LIABILITIES AND EQUITY | ||||||||||
| Current liabilities: | ||||||||||
| Operating Lease, Liability, Current | — | — | $895k | $995k | $899k | $1.1m | $1.1m | $1.6m | $2.0m | |
| Accounts Payable, Current | $2.7m | $6.4m | $3.3m | $206k | $211k | $501k | $2.5m | $3.3m | $6.4m | |
| Long-term Debt, Current Maturities | $0 | $347.7m | $0 | — | — | — | — | $21.6m | $0 | |
| Operating Lease, Liability, Noncurrent | — | — | $13.7m | $17.1m | $14.8m | $13.5m | $12.2m | $12.2m | $12.1m | |
| Long-term Debt, Excluding Current Maturities | $2.0b | $1.3b | $1.4b | $1.6b | $2.1b | $2.4b | $2.3b | $2.1b | $2.0b | |
| Current portion of long-term debt, net | $0 | $347.7m | $0 | — | — | — | $0 | $21.6m | $0 | |
| Current Deferred Revenue | — | — | — | — | — | $1.8m | $4.4m | $5.6m | $4.7m | |
| Payables And Accrued Expenses | — | — | — | — | — | $244.5m | $151.3m | $152.0m | $173.3m | |
| Liabilities, Current | $178.1m | $439.0m | $100.2m | $162.2m | $254.7m | $247.4m | $156.8m | $180.8m | $180.0m | |
| Total current liabilities | $178.1m | $439.0m | $100.2m | $162.2m | $254.7m | $247.4m | $156.8m | $180.8m | $180.0m | |
| Deferred Income Tax Liabilities, Net | — | — | — | $448k | $0 | $382k | $309k | $77k | $60k | |
| Other Liabilities, Noncurrent | $9.5m | $4.0m | $3.1m | $11.8m | $17.8m | $21.6m | $3.2m | $4.1m | $6.3m | |
| Long-term debt, net | $2.0b | $1.3b | $1.4b | $1.6b | $2.1b | $2.4b | $2.3b | $2.1b | $2.0b | |
| Other long-term liabilities | $9.5m | $4.0m | $3.1m | $11.8m | $17.8m | $21.6m | $3.2m | $4.1m | $6.3m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | — | $2.4b | $2.3b | $2.2b | $2.0b | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | — | $382k | $309k | $77k | $60k | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | — | — | — | — | $7.5m | $9.9m | — | |
| Deferred Tax Liabilities, Net | — | — | $1.5m | $448k | $0 | $382k | $309k | $77k | $60k | |
| Liabilities | $2.2b | $1.7b | $1.6b | $1.8b | $2.4b | $2.7b | $2.5b | $2.3b | $2.2b | |
| Stockholders’ equity: | ||||||||||
| Retained Earnings (Accumulated Deficit) | ($773.2m) | ($798.1m) | ($764.5m) | ($1.1b) | ($1.3b) | ($1.7b) | ($1.8b) | ($1.9b) | ($2.0b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $488k | ($14.1m) | $269k | $11.9m | ($6.1m) | ($11.7m) | ($12.7m) | $8.7m | $618k | |
| Additional Paid in Capital, Common Stock | $1.5b | $1.7b | $1.7b | $2.1b | $2.1b | $2.5b | $2.5b | $2.5b | $2.5b | |
| Additional paid-in capital | $1.5b | $1.7b | $1.7b | $2.1b | $2.1b | $2.5b | $2.5b | $2.5b | $2.5b | |
| Capital Stock | — | — | — | — | — | $84k | $84k | $84k | $84k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | — | ($11.7m) | ($12.7m) | $8.7m | $618k | |
| Stockholders' Equity Attributable to Parent | $740.0m | $843.5m | $891.4m | $1.1b | $789.4m | $800.6m | $666.1m | $590.7m | $523.9m | |
| Total Equity Gross Minority Interest | — | — | — | — | — | $876.1m | $729.0m | $646.5m | $573.4m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | — | $2.5b | $2.4b | $2.2b | $2.0b | |
| Total liabilities, shareholders' equity and participation interest | $2.9b | $2.8b | $2.7b | $3.0b | $3.3b | $3.6b | $3.2b | $3.0b | $2.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.