MGM Pocfratio vs Capex To Revenue Analysis

MGM Stock  USD 36.25  0.55  1.49%   
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 Pocfratio and its Capex To Revenue 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.

Pocfratio vs Capex To Revenue

Pocfratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGM Resorts International Pocfratio account and Capex To Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between MGM Resorts' Pocfratio and Capex To Revenue is 0.2. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Capex To Revenue 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' Pocfratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of MGM Resorts International are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Pocfratio i.e., MGM Resorts' Pocfratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pocfratio

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 14th 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 Profit4.6B6.5B7.6B8.0B
Total Revenue9.7B13.1B16.2B17.0B

MGM Resorts fundamental ratios Correlations

0.930.850.680.460.980.910.770.790.99-0.140.790.80.380.940.710.78-0.270.950.880.320.050.830.590.40.3
0.930.710.550.120.930.990.760.790.910.020.790.730.051.00.550.91-0.561.00.890.35-0.260.870.530.09-0.02
0.850.710.80.640.860.720.690.510.87-0.180.510.850.530.720.730.56-0.040.750.630.240.150.770.550.540.46
0.680.550.80.530.640.520.50.570.67-0.350.570.570.480.530.750.530.020.580.630.640.190.510.090.430.36
0.460.120.640.530.420.090.360.260.49-0.530.260.420.880.140.56-0.050.570.180.26-0.030.650.160.280.80.81
0.980.930.860.640.420.930.820.740.98-0.160.740.850.290.940.620.78-0.340.950.840.22-0.090.880.650.330.22
0.910.990.720.520.090.930.730.710.90.090.710.740.040.990.550.9-0.560.990.830.29-0.270.910.590.1-0.03
0.770.760.690.50.360.820.730.720.74-0.180.720.80.020.740.310.74-0.560.750.810.19-0.310.630.4-0.05-0.11
0.790.790.510.570.260.740.710.720.72-0.341.00.50.120.770.390.74-0.410.780.980.58-0.130.430.130.040.02
0.990.910.870.670.490.980.90.740.72-0.110.720.810.430.920.740.74-0.210.940.820.260.10.860.650.460.36
-0.140.02-0.18-0.35-0.53-0.160.09-0.18-0.34-0.11-0.34-0.1-0.360.03-0.050.02-0.310.01-0.27-0.2-0.130.150.26-0.29-0.37
0.790.790.510.570.260.740.710.721.00.72-0.340.50.120.770.390.74-0.410.780.980.58-0.130.430.130.040.02
0.80.730.850.570.420.850.740.80.50.81-0.10.50.220.740.510.6-0.330.760.650.08-0.090.760.640.250.15
0.380.050.530.480.880.290.040.020.120.43-0.360.120.220.090.68-0.130.770.120.110.050.880.140.240.960.97
0.941.00.720.530.140.940.990.740.770.920.030.770.740.090.570.89-0.521.00.870.31-0.220.870.570.130.02
0.710.550.730.750.560.620.550.310.390.74-0.050.390.510.680.570.410.210.60.470.260.480.590.390.680.55
0.780.910.560.53-0.050.780.90.740.740.740.020.740.6-0.130.890.41-0.70.890.840.5-0.410.760.21-0.17-0.24
-0.27-0.56-0.040.020.57-0.34-0.56-0.56-0.41-0.21-0.31-0.41-0.330.77-0.520.21-0.7-0.5-0.48-0.20.85-0.4-0.090.760.82
0.951.00.750.580.180.950.990.750.780.940.010.780.760.121.00.60.89-0.50.880.34-0.20.880.560.160.05
0.880.890.630.630.260.840.830.810.980.82-0.270.980.650.110.870.470.84-0.480.880.54-0.170.590.250.060.01
0.320.350.240.64-0.030.220.290.190.580.26-0.20.580.080.050.310.260.5-0.20.340.540.00.08-0.42-0.08-0.03
0.05-0.260.150.190.65-0.09-0.27-0.31-0.130.1-0.13-0.13-0.090.88-0.220.48-0.410.85-0.2-0.170.0-0.190.050.820.86
0.830.870.770.510.160.880.910.630.430.860.150.430.760.140.870.590.76-0.40.880.590.08-0.190.680.230.1
0.590.530.550.090.280.650.590.40.130.650.260.130.640.240.570.390.21-0.090.560.25-0.420.050.680.410.26
0.40.090.540.430.80.330.1-0.050.040.46-0.290.040.250.960.130.68-0.170.760.160.06-0.080.820.230.410.97
0.3-0.020.460.360.810.22-0.03-0.110.020.36-0.370.020.150.970.020.55-0.240.820.050.01-0.030.860.10.260.97
Click cells to compare fundamentals

MGM Resorts Account Relationship Matchups

MGM Resorts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.6B36.5B40.9B45.7B42.4B44.5B
Short Long Term Debt Total15.2B20.8B24.6B33.9B31.6B33.2B
Other Current Liab2.5B1.5B1.8B2.5B2.2B2.3B
Total Current Liabilities3.2B1.9B3.4B4.5B3.1B1.6B
Total Stockholder Equity7.7B6.5B6.1B4.8B3.8B3.6B
Property Plant And Equipment Net22.4B22.9B25.9B29.8B29.5B31.0B
Net Debt12.9B15.7B19.9B28.0B28.7B30.1B
Retained Earnings4.2B3.1B4.3B4.8B3.7B3.8B
Cash2.3B5.1B4.7B5.9B2.9B3.1B
Non Current Assets Total29.6B30.5B34.5B37.5B37.5B39.3B
Non Currrent Assets Other(1.6B)(1.7B)(1.9B)(1.9B)849.9M892.4M
Cash And Short Term Investments2.3B5.1B4.7B5.9B2.9B3.1B
Net Receivables1.4B559.9M857.8M925.2M1.1B1.1B
Common Stock Shares Outstanding527.6M494.2M487.4M413.0M358.6M370.4M
Liabilities And Stockholders Equity33.6B36.5B40.9B45.7B42.4B44.5B
Non Current Liabilities Total17.7B23.4B26.3B35.8B34.9B36.6B
Inventory102.9M88.3M96.4M126.1M141.7M80.3M
Other Current Assets200.3M200.8M759.0M1.2B770.5M809.0M
Other Stockholder Equity3.5B3.4B1.8B33.5M38.5M36.6M
Total Liab20.9B25.2B29.8B40.3B38.0B39.9B
Total Current Assets4.0B6.0B6.4B8.2B4.9B5.2B
Short Term Debt95.4M112.0M1.1B1.4B84.2M79.9M
Intangible Assets3.8B3.6B3.6B1.6B1.7B1.8B
Accounts Payable235.4M142.5M286.2M369.8M461.7M484.8M
Property Plant And Equipment Gross22.7B22.9B14.4B5.2B34.7B36.4B
Accumulated Other Comprehensive Income(10.2M)(30.7M)(24.6M)33.5M143.9M151.1M
Common Stock Total Equity5.0M4.9M4.5M3.8M4.4M4.3M
Common Stock5.0M4.9M4.5M3.8M3.3M4.3M
Other Liab2.5B2.6B2.8B3.1B3.6B3.8B
Other Assets710.3M443.4M490.2M1.0B1.2B1.2B
Long Term Debt11.5B12.8B11.8B7.4B6.3B11.8B
Good Will2.1B2.1B3.5B5.0B5.2B5.4B
Property Plant Equipment18.3B14.6B25.9B29.8B34.2B17.3B
Current Deferred Revenue367.2M256.2M489.4M612.2M566.2M441.6M
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

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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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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
2.78
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.