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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	97.83	127.63	228.04	509.52	499.29	575.22
Cash & Short-Term Investments	97.83	127.63	228.04	509.52	499.29	575.22
Cash Growth	-52.77%	-44.03%	-55.24%	2.05%	-13.20%	92.14%
Accounts Receivable	2.35	1.74	1.82	0.25	0.2	0.11
Other Receivables	0.4	0.54	41.43	0.23	15.74	10.72
Receivables	2.75	2.29	43.25	0.48	15.94	10.83
Inventory	7.81	7.31	5.76	5.12	5.83	9.3
Prepaid Expenses	34.16	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	142.55	166.37	316.05	553.85	563.69	607.82
Property, Plant & Equipment	2,621	2,664	2,787	2,881	2,571	2,198
Other Intangible Assets	101.61	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	57.25	43.84	27.64	48.12	69.37	117.25
Total Assets	2,923	2,985	3,237	3,594	3,319	3,044
Accounts Payable	2.4	3.29	2.45	0.5	53.3	43.17
Accrued Expenses	78.38	84.98	84.49	75.1	67.18	66.39
Current Portion of Long-Term Debt	21.61	21.6	-	-	-	-
Current Portion of Leases	-	1.55	1.09	1.1	0.9	1
Current Income Taxes Payable	9.63	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	29.5	56.07	64.3	168.88	131.07	49.16
Total Current Liabilities	141.51	180.76	156.78	247.39	254.73	162.15
Long-Term Debt	2,143	2,142	2,335	2,434	2,087	1,585
Long-Term Leases	12.44	12.23	12.25	13.5	14.8	17.14
Long-Term Deferred Tax Liabilities	-	0.08	0.31	0.38	-	0.45
Other Long-Term Liabilities	4.39	4.12	3.21	21.63	17.77	11.78
Total Liabilities	2,301	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	-1,911	-1,895	-1,799	-1,665	-1,339	-1,086
Comprehensive Income & Other	2.12	8.7	-12.66	-11.67	-6.14	11.88
Total Common Equity	568.18	590.74	666.1	800.61	789.42	1,060
Minority Interest	53.66	55.78	62.88	75.54	154.76	207.74
Shareholders' Equity	621.84	646.52	728.98	876.15	944.18	1,268
Total Liabilities & Equity	2,923	2,985	3,237	3,594	3,319	3,044
Total Debt	2,177	2,177	2,349	2,449	2,103	1,603
Net Cash (Debt)	-2,079	-2,049	-2,120	-1,940	-1,604	-1,028
Net Cash Per Share	-10.79	-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	1.04	-14.39	159.27	306.46	308.96	445.67
Book Value Per Share	2.95	3.07	3.46	4.16	8.53	11.45
Tangible Book Value	466.57	488.11	560.8	690.59	674.53	939.87
Tangible Book Value Per Share	2.42	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 May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q