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.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

MGM Resorts Inventory

171.08 Million

  
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.

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

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.

Total Assets

Total assets refers to the total amount of MGM Resorts assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MGM Resorts International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Total33.9B31.6B36.4B38.2B
Total Assets45.7B42.4B48.7B51.2B

MGM Resorts balance sheet Correlations

0.950.880.840.340.980.930.80.771.00.030.770.850.270.950.880.82-0.40.960.880.21-0.080.870.70.270.18
0.950.760.770.030.950.990.780.760.930.180.760.8-0.031.00.830.92-0.631.00.880.21-0.350.910.68-0.01-0.11
0.880.760.920.520.880.770.730.530.89-0.040.530.870.430.770.850.64-0.180.790.670.160.030.810.640.430.35
0.840.770.920.370.820.760.660.640.84-0.080.640.760.330.760.760.72-0.250.790.740.5-0.030.750.440.320.26
0.340.030.520.370.30.00.30.220.35-0.530.220.30.880.050.27-0.10.570.080.21-0.020.650.050.150.810.81
0.980.950.880.820.30.950.840.730.980.020.730.880.180.960.850.82-0.460.960.850.11-0.210.910.750.20.1
0.930.990.770.760.00.950.760.690.930.240.690.81-0.040.990.850.91-0.640.990.820.15-0.370.940.73-0.02-0.12
0.80.780.730.660.30.840.760.730.77-0.060.730.83-0.030.770.530.77-0.610.780.830.13-0.370.680.5-0.1-0.16
0.770.760.530.640.220.730.690.730.71-0.261.00.520.080.740.450.74-0.450.750.970.53-0.180.450.220.02-0.01
1.00.930.890.840.350.980.930.770.710.060.710.850.30.940.910.79-0.360.950.830.15-0.050.890.750.320.22
0.030.18-0.04-0.08-0.530.020.24-0.06-0.260.06-0.260.06-0.370.190.290.14-0.380.17-0.15-0.23-0.190.290.38-0.34-0.4
0.770.760.530.640.220.730.690.731.00.71-0.260.520.080.740.450.74-0.450.750.970.53-0.180.450.220.02-0.01
0.850.80.870.760.30.880.810.830.520.850.060.520.130.810.760.68-0.440.820.690.0-0.20.820.730.140.05
0.27-0.030.430.330.880.18-0.04-0.030.080.3-0.370.080.130.00.37-0.170.750.030.060.070.870.040.110.970.96
0.951.00.770.760.050.960.990.770.740.940.190.740.810.00.850.91-0.611.00.860.18-0.320.910.710.02-0.08
0.880.830.850.760.270.850.850.530.450.910.290.450.760.370.850.67-0.210.860.60.050.090.890.770.410.3
0.820.920.640.72-0.10.820.910.770.740.790.140.740.68-0.170.910.67-0.740.910.860.39-0.470.810.41-0.22-0.29
-0.4-0.63-0.18-0.250.57-0.46-0.64-0.61-0.45-0.36-0.38-0.45-0.440.75-0.61-0.21-0.74-0.59-0.54-0.140.86-0.52-0.280.770.83
0.961.00.790.790.080.960.990.780.750.950.170.750.820.031.00.860.91-0.590.870.21-0.30.920.70.05-0.05
0.880.880.670.740.210.850.820.830.970.83-0.150.970.690.060.860.60.86-0.540.870.47-0.240.640.370.01-0.04
0.210.210.160.5-0.020.110.150.130.530.15-0.230.530.00.070.180.050.39-0.140.210.470.04-0.02-0.42-0.040.0
-0.08-0.350.03-0.030.65-0.21-0.37-0.37-0.18-0.05-0.19-0.18-0.20.87-0.320.09-0.470.86-0.3-0.240.04-0.3-0.120.840.87
0.870.910.810.750.050.910.940.680.450.890.290.450.820.040.910.890.81-0.520.920.64-0.02-0.30.790.09-0.02
0.70.680.640.440.150.750.730.50.220.750.380.220.730.110.710.770.41-0.280.70.37-0.42-0.120.790.230.1
0.27-0.010.430.320.810.2-0.02-0.10.020.32-0.340.020.140.970.020.41-0.220.770.050.01-0.040.840.090.230.99
0.18-0.110.350.260.810.1-0.12-0.16-0.010.22-0.4-0.010.050.96-0.080.3-0.290.83-0.05-0.040.00.87-0.020.10.99
Click cells to compare fundamentals

MGM Resorts Account Relationship Matchups

MGM Resorts balance sheet Accounts

202020212022202320242025 (projected)
Total Assets36.5B40.9B45.7B42.4B48.7B51.2B
Short Long Term Debt Total20.8B24.6B33.9B31.6B36.4B38.2B
Other Current Liab1.5B1.8B2.5B2.2B2.5B2.6B
Total Current Liabilities1.9B3.4B4.5B3.1B3.6B3.8B
Total Stockholder Equity6.5B6.1B4.8B3.8B4.4B3.6B
Property Plant And Equipment Net22.9B25.9B29.8B29.5B33.9B35.6B
Net Debt15.7B19.9B28.0B28.7B33.0B34.6B
Retained Earnings3.1B4.3B4.8B3.7B4.2B4.4B
Cash5.1B4.7B5.9B2.9B3.4B3.5B
Non Current Assets Total30.5B34.5B37.5B37.5B43.1B45.2B
Non Currrent Assets Other(1.7B)(1.9B)(1.9B)849.9M764.9M803.1M
Cash And Short Term Investments5.1B4.7B5.9B2.9B3.4B3.5B
Net Receivables559.9M857.8M925.2M1.1B1.2B1.3B
Common Stock Shares Outstanding494.2M487.4M413.0M358.6M412.4M370.4M
Liabilities And Stockholders Equity36.5B40.9B45.7B42.4B48.7B51.2B
Non Current Liabilities Total23.4B26.3B35.8B34.9B40.1B42.1B
Inventory88.3M96.4M126.1M141.7M162.9M171.1M
Other Current Assets200.8M759.0M1.2B770.5M886.1M930.4M
Other Stockholder Equity3.5B3.4B1.8B33.5M38.5M36.6M
Total Liab25.2B29.8B40.3B38.0B43.7B45.9B
Total Current Assets6.0B6.4B8.2B4.9B5.6B5.9B
Short Term Debt112.0M1.1B1.4B84.2M96.8M91.9M
Intangible Assets3.6B3.6B1.6B1.7B2.0B1.8B
Accounts Payable142.5M286.2M369.8M461.7M531.0M557.5M
Property Plant And Equipment Gross22.9B14.4B5.2B34.7B39.9B41.8B
Accumulated Other Comprehensive Income(30.7M)(24.6M)33.5M143.9M165.5M173.8M
Common Stock Total Equity5.0M4.9M4.5M3.8M4.4M4.3M
Common Stock4.9M4.5M3.8M3.3M3.8M4.3M
Other Liab2.5B2.6B2.8B3.1B3.6B3.8B
Other Assets710.3M443.4M490.2M1.0B1.2B1.2B
Long Term Debt12.8B11.8B7.4B6.3B7.3B11.8B
Good Will2.1B3.5B5.0B5.2B5.9B6.2B
Property Plant Equipment18.3B14.6B25.9B29.8B34.2B17.3B
Current Deferred Revenue256.2M489.4M612.2M566.2M509.6M441.6M
Net Tangible Assets6.2B9.2B(1.0B)30.1B34.7B36.4B
Noncontrolling Interest In Consolidated Entity4.9B4.7B4.9B378.6M435.4M413.6M
Retained Earnings Total Equity4.2B3.1B4.3B4.8B5.5B5.8B
Long Term Debt Total11.5B12.8B12.1B7.4B6.7B10.0B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether MGM Resorts International is a strong investment it is important to analyze MGM Resorts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGM Resorts' future performance. For an informed investment choice regarding MGM Stock, refer to the following important reports:
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.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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
54.26
Quarterly Revenue Growth
0.053
Return On Assets
0.0254
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.