Studio City International Holdings Limited (MSC)

MSC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	99.45	127.63	228.04	509.52	499.29	575.22
Cash & Short-Term Investments	99.45	127.63	228.04	509.52	499.29	575.22
Cash Growth	-12.15%	-44.03%	-55.24%	2.05%	-13.20%	92.14%
Accounts Receivable	1.29	1.74	1.82	0.25	0.2	0.11
Other Receivables	0.23	0.54	41.43	0.23	15.74	10.72
Receivables	1.52	2.29	43.25	0.48	15.94	10.83
Inventory	7.75	7.31	5.76	5.12	5.83	9.3
Prepaid Expenses	8.36	25.87	35.43	35.8	38.58	12.47
Restricted Cash	-	-	-	-	-	0.01
Other Current Assets	-	3.27	3.57	2.92	4.05	-
Total Current Assets	117.07	166.37	316.05	553.85	563.69	607.82
Property, Plant & Equipment	2,543	2,664	2,787	2,881	2,571	2,198
Other Intangible Assets	99.89	102.63	105.31	110.02	114.89	120.11
Long-Term Deferred Charges	-	8.79	0.28	0.33	0.39	0.44
Other Long-Term Assets	62.77	43.84	27.64	48.12	69.37	117.25
Total Assets	2,822	2,985	3,237	3,594	3,319	3,044
Accounts Payable	2.58	3.29	2.45	0.5	53.3	43.17
Accrued Expenses	69.5	84.98	84.49	75.1	67.18	66.39
Current Portion of Long-Term Debt	-	21.6	-	-	-	-
Current Portion of Leases	-	1.55	1.09	1.1	0.9	1
Current Income Taxes Payable	15.53	7.63	0.01	0.02	0.02	0.03
Current Unearned Revenue	-	5.64	4.43	1.79	2.26	2.4
Other Current Liabilities	66.37	56.07	64.3	168.88	131.07	49.16
Total Current Liabilities	153.98	180.76	156.78	247.39	254.73	162.15
Long-Term Debt	2,056	2,142	2,335	2,434	2,087	1,585
Long-Term Leases	11.86	12.23	12.25	13.5	14.8	17.14
Long-Term Deferred Tax Liabilities	0.11	0.08	0.31	0.38	-	0.45
Other Long-Term Liabilities	5.53	4.12	3.21	21.63	17.77	11.78
Total Liabilities	2,227	2,339	2,508	2,717	2,375	1,776
Common Stock	0.08	0.08	0.08	0.08	0.04	0.04
Additional Paid-In Capital	2,477	2,477	2,477	2,477	2,134	2,134
Retained Earnings	-1,934	-1,895	-1,799	-1,665	-1,339	-1,086
Comprehensive Income & Other	0.12	8.7	-12.66	-11.67	-6.14	11.88
Total Common Equity	543.86	590.74	666.1	800.61	789.42	1,060
Minority Interest	51.37	55.78	62.88	75.54	154.76	207.74
Shareholders' Equity	595.23	646.52	728.98	876.15	944.18	1,268
Total Liabilities & Equity	2,822	2,985	3,237	3,594	3,319	3,044
Total Debt	2,067	2,177	2,349	2,449	2,103	1,603
Net Cash (Debt)	-1,968	-2,049	-2,120	-1,940	-1,604	-1,028
Net Cash Per Share	-10.22	-10.64	-11.01	-9.91	-17.32	-11.19
Filing Date Shares Outstanding	192.59	192.59	192.59	192.59	92.59	92.59
Total Common Shares Outstanding	192.59	192.59	192.59	192.59	92.59	92.59
Working Capital	-36.91	-14.39	159.27	306.46	308.96	445.67
Book Value Per Share	2.82	3.07	3.46	4.16	8.53	11.45
Tangible Book Value	443.97	488.11	560.8	690.59	674.53	939.87
Tangible Book Value Per Share	2.31	2.53	2.91	3.59	7.29	10.15
Buildings	-	3,414	3,385	2,302	2,307	2,329
Machinery	-	321.23	304.63	289.03	227.43	199.04
Construction In Progress	-	0.56	0.88	1,079	721.47	256.23
Leasehold Improvements	-	160.16	134.09	110.98	106.2	126.54

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q