Studio City International Holdings Limited (MSC)

MSC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	113.2	228.04	509.52	499.29	575.22	299.37
Cash & Short-Term Investments	113.2	228.04	509.52	499.29	575.22	299.37
Cash Growth	-61.36%	-55.24%	2.05%	-13.20%	92.14%	-13.44%
Accounts Receivable	1.65	1.82	0.25	0.2	0.11	0.14
Other Receivables	0.28	41.43	0.23	15.74	10.72	63.25
Receivables	1.93	43.25	0.48	15.94	10.83	63.39
Inventory	6.65	5.76	5.12	5.83	9.3	9.76
Prepaid Expenses	32.33	35.43	35.8	38.58	12.47	14.19
Restricted Cash	-	-	-	-	0.01	27.74
Other Current Assets	-	3.57	2.92	4.05	-	-
Total Current Assets	154.11	316.05	553.85	563.69	607.82	414.44
Property, Plant & Equipment	2,691	2,787	2,881	2,571	2,198	2,122
Other Intangible Assets	103.32	105.31	110.02	114.89	120.11	118.89
Long-Term Deferred Charges	-	0.28	0.33	0.39	0.44	0.89
Other Long-Term Assets	32.79	27.64	48.12	69.37	117.25	56.33
Total Assets	2,982	3,237	3,594	3,319	3,044	2,712
Accounts Payable	5.77	2.45	0.5	53.3	43.17	17.59
Accrued Expenses	84.6	84.49	75.1	67.18	66.39	52.33
Current Portion of Long-Term Debt	34.25	-	-	-	-	-
Current Portion of Leases	-	1.09	1.1	0.9	1	0.9
Current Income Taxes Payable	6.88	0.01	0.02	0.02	0.03	0.03
Current Unearned Revenue	-	4.43	1.79	2.26	2.4	3.95
Other Current Liabilities	21.05	64.3	168.88	131.07	49.16	25.39
Total Current Liabilities	152.55	156.78	247.39	254.73	162.15	100.17
Long-Term Debt	2,141	2,335	2,434	2,087	1,585	1,435
Long-Term Leases	11.98	12.25	13.5	14.8	17.14	13.72
Long-Term Deferred Tax Liabilities	0.61	0.31	0.38	-	0.45	1.45
Other Long-Term Liabilities	3.67	3.21	21.63	17.77	11.78	3.15
Total Liabilities	2,310	2,508	2,717	2,375	1,776	1,554
Common Stock	0.08	0.08	0.08	0.04	0.04	0.03
Additional Paid-In Capital	2,477	2,477	2,477	2,134	2,134	1,656
Retained Earnings	-1,868	-1,799	-1,665	-1,339	-1,086	-764.53
Comprehensive Income & Other	4.04	-12.66	-11.67	-6.14	11.88	0.27
Total Common Equity	613.83	666.1	800.61	789.42	1,060	891.37
Minority Interest	57.96	62.88	75.54	154.76	207.74	267.29
Shareholders' Equity	671.78	728.98	876.15	944.18	1,268	1,159
Total Liabilities & Equity	2,982	3,237	3,594	3,319	3,044	2,712
Total Debt	2,187	2,349	2,449	2,103	1,603	1,450
Net Cash (Debt)	-2,074	-2,120	-1,940	-1,604	-1,028	-1,150
Net Cash Per Share	-10.77	-11.01	-9.91	-17.32	-11.19	-19.03
Filing Date Shares Outstanding	192.59	192.59	192.59	92.59	92.59	60.45
Total Common Shares Outstanding	192.59	192.59	192.59	92.59	92.59	60.45
Working Capital	1.56	159.27	306.46	308.96	445.67	314.27
Book Value Per Share	3.19	3.46	4.16	8.53	11.45	14.74
Tangible Book Value	510.5	560.8	690.59	674.53	939.87	772.48
Tangible Book Value Per Share	2.65	2.91	3.59	7.29	10.15	12.78
Buildings	-	3,385	2,302	2,307	2,329	2,320
Machinery	-	304.63	289.03	227.43	199.04	201.7
Construction In Progress	-	0.88	1,079	721.47	256.23	80.73
Leasehold Improvements	-	134.09	110.98	106.2	126.54	109.83

Source: S&P Capital IQ. Standard template. Financial Sources.