MGM Net Income vs Stock Based Compensation Analysis
MGM Stock | USD 34.89 0.15 0.43% |
MGM Resorts financial indicator trend analysis is infinitely more than just investigating MGM Resorts International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MGM Resorts International is a good investment. Please check the relationship between MGM Resorts Net Income and its Stock Based Compensation accounts. 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.
Net Income vs Stock Based Compensation
Net Income vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGM Resorts International Net Income account and Stock Based Compensation. At this time, the significance of the direction appears to have no relationship.
The correlation between MGM Resorts' Net Income and Stock Based Compensation is 0.09. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of MGM Resorts International, assuming nothing else is changed. The correlation between historical values of MGM Resorts' Net Income and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of MGM Resorts International are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Net Income i.e., MGM Resorts' Net Income and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MGM Resorts International financial statement analysis. It represents the amount of money remaining after all of MGM Resorts International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from MGM Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is very stable compared to the past year. As of the 26th of December 2024, Tax Provision is likely to grow to about 528.5 M, while Enterprise Value Over EBITDA is likely to drop 10.11.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.6B | 6.5B | 7.6B | 8.0B | Total Revenue | 9.7B | 13.1B | 16.2B | 17.0B |
MGM Resorts fundamental ratios Correlations
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MGM Resorts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MGM Resorts fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.6B | 36.5B | 40.9B | 45.7B | 42.4B | 44.5B | |
Short Long Term Debt Total | 15.2B | 20.8B | 24.6B | 33.9B | 31.6B | 33.2B | |
Other Current Liab | 2.5B | 1.5B | 1.8B | 2.5B | 2.2B | 2.3B | |
Total Current Liabilities | 3.2B | 1.9B | 3.4B | 4.5B | 3.1B | 1.6B | |
Total Stockholder Equity | 7.7B | 6.5B | 6.1B | 4.8B | 3.8B | 3.6B | |
Property Plant And Equipment Net | 22.4B | 22.9B | 25.9B | 29.8B | 29.5B | 31.0B | |
Net Debt | 12.9B | 15.7B | 19.9B | 28.0B | 28.7B | 30.1B | |
Retained Earnings | 4.2B | 3.1B | 4.3B | 4.8B | 3.7B | 3.8B | |
Cash | 2.3B | 5.1B | 4.7B | 5.9B | 2.9B | 3.1B | |
Non Current Assets Total | 29.6B | 30.5B | 34.5B | 37.5B | 37.5B | 39.3B | |
Non Currrent Assets Other | (1.6B) | (1.7B) | (1.9B) | (1.9B) | 849.9M | 892.4M | |
Cash And Short Term Investments | 2.3B | 5.1B | 4.7B | 5.9B | 2.9B | 3.1B | |
Net Receivables | 1.4B | 559.9M | 857.8M | 925.2M | 1.1B | 1.1B | |
Common Stock Shares Outstanding | 527.6M | 494.2M | 487.4M | 413.0M | 358.6M | 370.4M | |
Liabilities And Stockholders Equity | 33.6B | 36.5B | 40.9B | 45.7B | 42.4B | 44.5B | |
Non Current Liabilities Total | 17.7B | 23.4B | 26.3B | 35.8B | 34.9B | 36.6B | |
Inventory | 102.9M | 88.3M | 96.4M | 126.1M | 141.7M | 80.3M | |
Other Current Assets | 200.3M | 200.8M | 759.0M | 1.2B | 770.5M | 809.0M | |
Other Stockholder Equity | 3.5B | 3.4B | 1.8B | 33.5M | 38.5M | 36.6M | |
Total Liab | 20.9B | 25.2B | 29.8B | 40.3B | 38.0B | 39.9B | |
Total Current Assets | 4.0B | 6.0B | 6.4B | 8.2B | 4.9B | 5.2B | |
Short Term Debt | 95.4M | 112.0M | 1.1B | 1.4B | 84.2M | 79.9M | |
Intangible Assets | 3.8B | 3.6B | 3.6B | 1.6B | 1.7B | 1.8B | |
Accounts Payable | 235.4M | 142.5M | 286.2M | 369.8M | 461.7M | 484.8M | |
Property Plant And Equipment Gross | 22.7B | 22.9B | 14.4B | 5.2B | 34.7B | 36.4B | |
Accumulated Other Comprehensive Income | (10.2M) | (30.7M) | (24.6M) | 33.5M | 143.9M | 151.1M | |
Common Stock Total Equity | 5.0M | 4.9M | 4.5M | 3.8M | 4.4M | 4.3M | |
Common Stock | 5.0M | 4.9M | 4.5M | 3.8M | 3.3M | 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 | 11.5B | 12.8B | 11.8B | 7.4B | 6.3B | 11.8B | |
Good Will | 2.1B | 2.1B | 3.5B | 5.0B | 5.2B | 5.4B | |
Property Plant Equipment | 18.3B | 14.6B | 25.9B | 29.8B | 34.2B | 17.3B | |
Current Deferred Revenue | 367.2M | 256.2M | 489.4M | 612.2M | 566.2M | 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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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.