MGM Historical Balance Sheet
MGM Stock | USD 34.09 0.43 1.28% |
Trend analysis of MGM Resorts International balance sheet accounts such as Total Current Liabilities of 3.8 B provides information on MGM Resorts' total assets, liabilities, and equity, which is the actual value of MGM Resorts International to its prevalent stockholders. By breaking down trends over time using MGM Resorts balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MGM Resorts International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MGM Resorts International is a good buy for the upcoming year.
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About MGM Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MGM Resorts International at a specified time, usually calculated after every quarter, six months, or one year. MGM Resorts Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MGM Resorts and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MGM currently owns. An asset can also be divided into two categories, current and non-current.
MGM Resorts Balance Sheet Chart
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Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from MGM Resorts' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MGM Resorts International current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM Resorts International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, MGM Resorts' Retained Earnings are very stable compared to the past year. As of the 5th of January 2025, Cash is likely to grow to about 3.5 B, while Common Stock Shares Outstanding is likely to drop about 370.4 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 33.9B | 31.6B | 36.4B | 38.2B | Total Assets | 45.7B | 42.4B | 48.7B | 51.2B |
MGM Resorts balance sheet Correlations
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MGM Resorts Account Relationship Matchups
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MGM Resorts balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 36.5B | 40.9B | 45.7B | 42.4B | 48.7B | 51.2B | |
Short Long Term Debt Total | 20.8B | 24.6B | 33.9B | 31.6B | 36.4B | 38.2B | |
Other Current Liab | 1.5B | 1.8B | 2.5B | 2.2B | 2.5B | 2.6B | |
Total Current Liabilities | 1.9B | 3.4B | 4.5B | 3.1B | 3.6B | 3.8B | |
Total Stockholder Equity | 6.5B | 6.1B | 4.8B | 3.8B | 4.4B | 3.6B | |
Property Plant And Equipment Net | 22.9B | 25.9B | 29.8B | 29.5B | 33.9B | 35.6B | |
Net Debt | 15.7B | 19.9B | 28.0B | 28.7B | 33.0B | 34.6B | |
Retained Earnings | 3.1B | 4.3B | 4.8B | 3.7B | 4.2B | 4.4B | |
Cash | 5.1B | 4.7B | 5.9B | 2.9B | 3.4B | 3.5B | |
Non Current Assets Total | 30.5B | 34.5B | 37.5B | 37.5B | 43.1B | 45.2B | |
Non Currrent Assets Other | (1.7B) | (1.9B) | (1.9B) | 849.9M | 764.9M | 803.1M | |
Cash And Short Term Investments | 5.1B | 4.7B | 5.9B | 2.9B | 3.4B | 3.5B | |
Net Receivables | 559.9M | 857.8M | 925.2M | 1.1B | 1.2B | 1.3B | |
Common Stock Shares Outstanding | 494.2M | 487.4M | 413.0M | 358.6M | 412.4M | 370.4M | |
Liabilities And Stockholders Equity | 36.5B | 40.9B | 45.7B | 42.4B | 48.7B | 51.2B | |
Non Current Liabilities Total | 23.4B | 26.3B | 35.8B | 34.9B | 40.1B | 42.1B | |
Inventory | 88.3M | 96.4M | 126.1M | 141.7M | 162.9M | 171.1M | |
Other Current Assets | 200.8M | 759.0M | 1.2B | 770.5M | 886.1M | 930.4M | |
Other Stockholder Equity | 3.5B | 3.4B | 1.8B | 33.5M | 38.5M | 36.6M | |
Total Liab | 25.2B | 29.8B | 40.3B | 38.0B | 43.7B | 45.9B | |
Total Current Assets | 6.0B | 6.4B | 8.2B | 4.9B | 5.6B | 5.9B | |
Short Term Debt | 112.0M | 1.1B | 1.4B | 84.2M | 96.8M | 91.9M | |
Intangible Assets | 3.6B | 3.6B | 1.6B | 1.7B | 2.0B | 1.8B | |
Accounts Payable | 142.5M | 286.2M | 369.8M | 461.7M | 531.0M | 557.5M | |
Property Plant And Equipment Gross | 22.9B | 14.4B | 5.2B | 34.7B | 39.9B | 41.8B | |
Accumulated Other Comprehensive Income | (30.7M) | (24.6M) | 33.5M | 143.9M | 165.5M | 173.8M | |
Common Stock Total Equity | 5.0M | 4.9M | 4.5M | 3.8M | 4.4M | 4.3M | |
Common Stock | 4.9M | 4.5M | 3.8M | 3.3M | 3.8M | 4.3M | |
Other Liab | 2.5B | 2.6B | 2.8B | 3.1B | 3.6B | 3.8B | |
Other Assets | 710.3M | 443.4M | 490.2M | 1.0B | 1.2B | 1.2B | |
Long Term Debt | 12.8B | 11.8B | 7.4B | 6.3B | 7.3B | 11.8B | |
Good Will | 2.1B | 3.5B | 5.0B | 5.2B | 5.9B | 6.2B | |
Property Plant Equipment | 18.3B | 14.6B | 25.9B | 29.8B | 34.2B | 17.3B | |
Current Deferred Revenue | 256.2M | 489.4M | 612.2M | 566.2M | 509.6M | 441.6M | |
Net Tangible Assets | 6.2B | 9.2B | (1.0B) | 30.1B | 34.7B | 36.4B | |
Noncontrolling Interest In Consolidated Entity | 4.9B | 4.7B | 4.9B | 378.6M | 435.4M | 413.6M | |
Retained Earnings Total Equity | 4.2B | 3.1B | 4.3B | 4.8B | 5.5B | 5.8B | |
Long Term Debt Total | 11.5B | 12.8B | 12.1B | 7.4B | 6.7B | 10.0B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM Resorts International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGM Resorts. If investors know MGM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGM Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Earnings Share 2.79 | Revenue Per Share | Quarterly Revenue Growth 0.053 | Return On Assets |
The market value of MGM Resorts International is measured differently than its book value, which is the value of MGM that is recorded on the company's balance sheet. Investors also form their own opinion of MGM Resorts' value that differs from its market value or its book value, called intrinsic value, which is MGM Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGM Resorts' market value can be influenced by many factors that don't directly affect MGM Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGM Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGM Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGM Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.