← STUDIO CITY INTERNATIONAL HOLDINGS Ltd
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | ($76.4m) | ($20.7m) | $43.6m | ($405.1m) | ($302.0m) | ($361.3m) | ($146.1m) | ($105.8m) | ($64.3m) | ($64.3m) | |
| Net loss | ($242.8m) | ($76.4m) | ($20.7m) | $43.6m | ($405.1m) | ($302.0m) | ($361.3m) | ($146.1m) | ($105.8m) | ($64.3m) | — | |
| Net Income (Loss) Attributable to Parent | — | ($76.4m) |
($21.6m)
+71.74%
|
$33.6m
+255.40%
|
($321.6m)
-1058.25%
|
($252.6m)
+21.48%
|
($326.5m)
-29.26%
|
($133.5m)
+59.10%
|
($96.7m)
+27.56%
|
($58.8m)
+39.25%
|
— | |
| Depreciation and amortization | $171.9m | $176.3m | $167.9m | $171.9m | $160.3m | $127.6m | $9.2m | $6.0m | $7.1m | $11.7m | $212.0m | |
| Amortization of Debt Issuance Costs | — | $7.6m | $8.2m | $7.6m | $4.5m | — | — | — | — | — | — | |
| Depreciation | $171.9m | $176.3m | $167.9m | $171.9m | $160.3m | $127.6m | $113.0m | $158.7m | $194.6m | $197.0m | $212.0m | |
| Amortization of deferred financing costs and original issue premiums | — | — | — | $7.6m | $4.5m | $1.5m | $1.4m | $2.9m | $3.3m | $4.5m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $127.0m | $169.4m | $205.1m | $212.0m | $212.0m | |
| Deferred Income Tax Expense (Benefit) | — | $239k | $544k | $402k | ($1.0m) | $457k | $382k | $81k | $7.4m | $7.6m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | $791k | $438k | $361k | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | $1.2m | $438k | $361k | — | — | — | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | ($19.6m) | $0 | $0 | ($3.8m) | ($1.5m) | $0 | $0 | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | $1.5m | $0 | $0 | — | — | $0 | |
| Other Nonoperating Income (Expense) | — | $574k | ($197k) | $430k | ($81k) | $0 | $249k | ($67k) | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $53.6m | ($43.4m) | $85.3m | $57.4m | $57.4m | |
| Increase (Decrease) in Accounts Receivable | — | ($442k) | ($241k) | ($324k) | ($1.2m) | $91k | $16k | $2.0m | ($318k) | ($85k) | ($341k) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | $887k | $109k | $19k | $6k | $0 | $0 | $10k | $1k | $0 | ($341k) | |
| Accounts receivable | $2.8m | $442k | $241k | $324k | $1.2m | ($91k) | ($16k) | ($2.0m) | $318k | $85k | ($341k) | |
| Receivables from affiliated companies | $34.2m | ($38.3m) | ($9.9m) | ($23.4m) | $54.4m | ($5.8m) | $15.5m | ($40.6m) | $40.8m | ($426k) | — | |
| Change In Receivables | — | — | — | — | — | — | $15.4m | ($42.7m) | $41.1m | ($341k) | ($341k) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($16k) | ($2.0m) | $318k | $85k | ($341k) | |
| Inventories, prepaid expenses and other | $6.1m | ($7.2m) | ($9.4m) | $3.6m | $1.9m | ($1.8m) | $4.1m | ($339k) | $8.4m | $17.1m | — | |
| Change In Inventory | — | — | — | — | — | — | $4.1m | ($339k) | $8.4m | $17.1m | $17.1m | |
| Accounts payable, accrued expenses and other | ($4.3m) | $5.8m | ($4.8m) | $9.5m | $22.1m | ($6.0m) | $10.9m | $40.7m | $13.6m | $748k | $748k | |
| Payables to affiliated companies | $4.0m | ($13.1m) | $140k | ($3.5m) | $24.5m | $14.2m | $28.0m | ($61.4m) | $11.3m | $37.0m | — | |
| Change in accrued expenses and other current liabilities related to acquisition of property and equipment | $23.7m | $18.8m | $10.3m | $20.7m | $61.0m | $142.7m | $100.4m | $11.6m | $18.3m | $7.2m | — | |
| Change in accrued expenses and other current liabilities related to financing costs | — | — | — | — | — | — | — | $125k | $1.4m | ($152k) | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $884k | $986k | $886k | $2.2m | $2.2m | |
| Net Cash Provided by (Used in) Operating Activities | $14.6m |
$68.3m
+368.57%
|
$139.5m
+104.23%
|
$228.5m
+63.78%
|
($167.4m)
-173.27%
|
($136.8m)
+18.27%
|
($178.8m)
-30.64%
|
($18.9m)
+89.43%
|
$189.9m
+1105.08%
|
$210.3m
+10.75%
|
$210.3m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $11.3m | ($489k) | ($905k) | ($545k) | $272k | ($171k) | ($134k) | ($541k) | ($879k) | ($725k) | $725k | |
| Capital Expenditure | — | — | — | — | — | — | ($452.1m) | ($156.8m) | ($86.8m) | ($62.0m) | ($492.9m) | |
| Net Other Investing Changes | — | — | — | — | — | ($4.4m) | ($1.3m) | ($5.5m) | — | — | ($1.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($106.7m) | ($55.3m) | ($147.5m) | ($90.9m) | ($209.8m) | ($407.2m) | ($453.4m) | ($161.5m) | ($108.5m) | ($85.1m) | ($494.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | ($2.5m) | ($3.0m) | ($18.7m) | ($28.8m) | $0 | $1.6m | ($1.0m) | $0 | — | |
| Loss (gain) on extinguishment of debt | $17.4m | $0 | $2.5m | $3.0m | $18.7m | $28.8m | $0 | ($1.6m) | $1.0m | $0 | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $383.5m | $1.0b | $758.2m | $350.0m | $0 | $0 | $170.3m | $350.0m | |
| Proceeds from long-term debt | — | $0 | $0 | $383.5m | $1.0b | $758.2m | $350.0m | $0 | $0 | $170.3m | — | |
| Issuance Of Debt | — | — | — | — | — | — | $350.0m | $0 | $0 | $170.3m | $350.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $350.0m | $0 | $0 | $170.3m | $350.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $350.0m | ($100.4m) | ($175.4m) | ($143.1m) | $350.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $350.0m | ($100.4m) | ($175.4m) | ($143.1m) | $350.0m | |
| Repayments of Long-term Debt | ($95.6m) | $0 | $400.0m | $558.5m | $850.0m | $252.9m | $0 | $100.4m | $175.4m | $313.4m | $0 | |
| Repayments of long-term debt to a director of SCIH | — | — | — | — | — | — | $0 | $0 | ($30.0m) | $0 | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($100.4m) | ($175.4m) | ($313.4m) | $0 | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($100.4m) | ($175.4m) | ($313.4m) | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $299.2m | $0 | $0 | — | $0 | |
| Common Stock Issuance | — | — | — | — | — | ($445k) | $299.2m | $0 | $0 | — | $0 | |
| Dividends paid | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Payments of Dividends | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Net Other Financing Charges | — | — | — | — | — | ($33.3m) | ($6.0m) | ($530k) | ($7.9m) | — | $283.9m | |
| Net Cash Provided by (Used in) Financing Activities | ($122.8m) |
($1.3m)
+98.95%
|
$5.2m
+500.93%
|
($190.0m)
-3787.42%
|
$623.8m
+428.36%
|
$471.5m
-24.41%
|
$643.1m
+36.39%
|
($100.9m)
-115.69%
|
($183.3m)
-81.62%
|
($143.1m)
+21.91%
|
$633.5m
+542.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $11.7m | ($5.4m) | ($50.3m) | $248.1m | ($75.9m) | $10.2m | ($281.5m) | ($100.4m) | ($18.2m) | $612.8m | |
| Beginning Cash Position | — | — | — | — | — | — | $499.4m | $509.7m | $228.2m | $127.8m | $650.7m | |
| Cash, cash equivalents and restricted cash at beginning of year | $371.2m | $382.9m | $377.6m | $327.2m | $575.4m | $499.4m | $509.7m | $228.2m | $127.8m | $109.5m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $0 | ($2.5m) | $2.1m | $1.5m | ($3.4m) | ($705k) | ($147k) | $1.4m | ($290k) | ($4.2m) | |
| Effect of exchange rate on cash, cash equivalents and restricted cash | $0 | $0 | ($2.5m) | $2.1m | $1.5m | ($3.4m) | ($705k) | ($147k) | $1.4m | ($290k) | — | |
| Decrease in cash, cash equivalents and restricted cash | ($214.9m) | $11.7m | ($5.4m) | ($50.3m) | $248.1m | ($75.9m) | $10.2m | ($281.5m) | ($100.4m) | ($18.2m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $382.9m | $377.6m | $327.2m | $575.4m | $499.4m | $509.7m | $228.2m | $127.8m | $109.5m | $612.8m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($705k) | ($147k) | $1.4m | ($290k) | ($4.2m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Change in operating lease right-of-use assets and lease liabilities arising from lease modification | — | — | $0 | ($187k) | $3.2m | ($2.6m) | ($1.3m) | ($1.5m) | $3k | $6k | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | $466k | $2.0m | ($4.0m) | ($3.4m) | $6.3m | $2.4m | $642k | ($5.5m) | $462k | — | |
| Investment Income, Interest | — | $2.2m | $3.6m | $5.9m | $1.3m | $3.1m | $6.4m | $10.7m | $4.1m | $914k | — | |
| Provision for (reversal of) credit losses | — | — | $109k | $19k | $1.3m | ($65k) | $481k | ($581k) | $162k | $5k | — | |
| Long-term prepayments, deposits and other | ($5.1m) | ($854k) | $9.9m | $6.3m | ($54.7m) | $6.9m | ($5.7m) | $19.3m | $9.9m | $674k | — | |
| Other long-term liabilities | ($3.6m) | ($7.1m) | ($5.5m) | $902k | ($139k) | ($1.9m) | $884k | $986k | $886k | $2.2m | — | |
| Payments to an affiliated company for other long-term assets | — | — | — | — | — | $0 | $0 | ($5.5m) | ($31.3m) | ($30.7m) | — | |
| Payments of financing costs | ($27.2m) | ($1.3m) | $0 | ($9.9m) | ($25.4m) | ($33.3m) | ($6.0m) | ($530k) | ($7.9m) | $0 | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $643.1m | ($100.9m) | ($183.3m) | ($143.1m) | $633.5m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($453.4m) | ($161.5m) | ($108.5m) | ($85.1m) | ($494.7m) | |
| Change In Account Payable | — | — | — | — | — | — | $10.9m | $40.7m | $13.6m | $748k | $748k | |
| Change In Payable | — | — | — | — | — | — | $38.8m | ($20.7m) | $24.9m | $37.8m | $748k | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($5.7m) | $19.3m | $9.9m | $674k | $674k | |
| Changes In Cash | — | — | — | — | — | — | $10.9m | ($281.3m) | ($101.8m) | ($17.9m) | ($37.9m) | |
| End Cash Position | — | — | — | — | — | — | $509.7m | $228.2m | $127.8m | $109.5m | $612.8m | |
| Financing Cash Flow | — | — | — | — | — | — | $643.1m |
($100.9m)
-115.69%
|
($183.3m)
-81.62%
|
($143.1m)
+21.91%
|
$633.5m
+542.66%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($630.9m) | ($175.7m) | $103.1m | $148.3m | ($669.6m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $134k | $541k | $879k | $725k | $725k | |
| Investing Cash Flow | — | — | — | — | — | — | ($453.4m) | ($161.5m) | ($108.5m) | ($85.1m) | ($494.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($5.5m) | ($31.3m) | ($30.7m) | ($17.2m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | ($4.1m) | $0 | $0 | — | — | ($192k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($452.1m) | ($156.0m) | ($77.2m) | ($54.4m) | ($492.8m) | |
| Operating Gains Losses | — | — | — | — | — | — | $134k | ($1.1m) | $1.9m | $725k | $725k | |
| Other Non Cash Items | — | — | — | — | — | — | $1.4m | $2.9m | $3.3m | $4.5m | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $481k | ($581k) | $162k | $5k | $5k | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($5.5m) | ($31.3m) | ($30.7m) | ($17.2m) | |
| Purchase Of Intangibles | — | — | — | — | — | ($4.1m) | $0 | $0 | — | — | ($192k) | |
| Purchase Of PPE | — | — | — | — | — | — | ($452.1m) | ($156.8m) | ($86.8m) | ($62.0m) | ($492.9m) | |
| Sale Of PPE | — | — | — | — | — | — | $9k | $814k | $9.6m | $7.5m | ($24k) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | $0 | — | — | $0 | |
| Purchase Of Investment | — | — | — | — | — | ($278.7m) | $0 | $0 | — | — | $0 | |
| Sale Of Investment | — | — | — | — | — | $278.7m | $0 | $0 | — | — | $0 | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $10.2m | ($281.5m) | ($100.4m) | ($18.2m) | — | |
| Cash paid for interest, net of amounts capitalized | ($127.1m) | ($152.3m) | ($155.2m) | ($112.5m) | ($81.5m) | ($84.1m) | ($87.9m) | ($113.4m) | ($135.0m) | ($127.7m) | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.