MGM Historical Balance Sheet

MGM Stock

USD 36.25 0.55 1.49%

Trend analysis of MGM Resorts International balance sheet accounts such as Total Current Liabilities of 1.6 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.

Cash Flow Balance Sheet Income Statement

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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

80.3 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' Cash is very stable compared to the past year. As of the 14th of December 2024, Non Current Assets Total is likely to grow to about 39.3 B, while Total Stockholder Equity is likely to drop about 3.6 B.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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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.

Total Current Liabilities

Total Current Liabilities is an item on MGM Resorts balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MGM Resorts International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	24.6B	33.9B	31.6B	33.2B
Total Assets	40.9B	45.7B	42.4B	44.5B

Short Long Term Debt Total Total Assets

MGM Resorts balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.93	0.85	0.68	0.46	0.98	0.91	0.77	0.79	0.99	-0.14	0.79	0.8	0.38	0.94	0.71	0.78	-0.27	0.95	0.88	0.32	0.05	0.83	0.59	0.4	0.3
Short Long Term Debt Total	0.93		0.71	0.55	0.12	0.93	0.99	0.76	0.79	0.91	0.02	0.79	0.73	0.05	1.0	0.55	0.91	-0.56	1.0	0.89	0.35	-0.26	0.87	0.53	0.09	-0.02
Other Current Liab	0.85	0.71		0.8	0.64	0.86	0.72	0.69	0.51	0.87	-0.18	0.51	0.85	0.53	0.72	0.73	0.56	-0.04	0.75	0.63	0.24	0.15	0.77	0.55	0.54	0.46
Total Current Liabilities	0.68	0.55	0.8		0.53	0.64	0.52	0.5	0.57	0.67	-0.35	0.57	0.57	0.48	0.53	0.75	0.53	0.02	0.58	0.63	0.64	0.19	0.51	0.09	0.43	0.36
Total Stockholder Equity	0.46	0.12	0.64	0.53		0.42	0.09	0.36	0.26	0.49	-0.53	0.26	0.42	0.88	0.14	0.56	-0.05	0.57	0.18	0.26	-0.03	0.65	0.16	0.28	0.8	0.81
Property Plant And Equipment Net	0.98	0.93	0.86	0.64	0.42		0.93	0.82	0.74	0.98	-0.16	0.74	0.85	0.29	0.94	0.62	0.78	-0.34	0.95	0.84	0.22	-0.09	0.88	0.65	0.33	0.22
Net Debt	0.91	0.99	0.72	0.52	0.09	0.93		0.73	0.71	0.9	0.09	0.71	0.74	0.04	0.99	0.55	0.9	-0.56	0.99	0.83	0.29	-0.27	0.91	0.59	0.1	-0.03
Retained Earnings	0.77	0.76	0.69	0.5	0.36	0.82	0.73		0.72	0.74	-0.18	0.72	0.8	0.02	0.74	0.31	0.74	-0.56	0.75	0.81	0.19	-0.31	0.63	0.4	-0.05	-0.11
Cash	0.79	0.79	0.51	0.57	0.26	0.74	0.71	0.72		0.72	-0.34	1.0	0.5	0.12	0.77	0.39	0.74	-0.41	0.78	0.98	0.58	-0.13	0.43	0.13	0.04	0.02
Non Current Assets Total	0.99	0.91	0.87	0.67	0.49	0.98	0.9	0.74	0.72		-0.11	0.72	0.81	0.43	0.92	0.74	0.74	-0.21	0.94	0.82	0.26	0.1	0.86	0.65	0.46	0.36
Non Currrent Assets Other	-0.14	0.02	-0.18	-0.35	-0.53	-0.16	0.09	-0.18	-0.34	-0.11		-0.34	-0.1	-0.36	0.03	-0.05	0.02	-0.31	0.01	-0.27	-0.2	-0.13	0.15	0.26	-0.29	-0.37
Cash And Short Term Investments	0.79	0.79	0.51	0.57	0.26	0.74	0.71	0.72	1.0	0.72	-0.34		0.5	0.12	0.77	0.39	0.74	-0.41	0.78	0.98	0.58	-0.13	0.43	0.13	0.04	0.02
Net Receivables	0.8	0.73	0.85	0.57	0.42	0.85	0.74	0.8	0.5	0.81	-0.1	0.5		0.22	0.74	0.51	0.6	-0.33	0.76	0.65	0.08	-0.09	0.76	0.64	0.25	0.15
Common Stock Shares Outstanding	0.38	0.05	0.53	0.48	0.88	0.29	0.04	0.02	0.12	0.43	-0.36	0.12	0.22		0.09	0.68	-0.13	0.77	0.12	0.11	0.05	0.88	0.14	0.24	0.96	0.97
Non Current Liabilities Total	0.94	1.0	0.72	0.53	0.14	0.94	0.99	0.74	0.77	0.92	0.03	0.77	0.74	0.09		0.57	0.89	-0.52	1.0	0.87	0.31	-0.22	0.87	0.57	0.13	0.02
Inventory	0.71	0.55	0.73	0.75	0.56	0.62	0.55	0.31	0.39	0.74	-0.05	0.39	0.51	0.68	0.57		0.41	0.21	0.6	0.47	0.26	0.48	0.59	0.39	0.68	0.55
Other Current Assets	0.78	0.91	0.56	0.53	-0.05	0.78	0.9	0.74	0.74	0.74	0.02	0.74	0.6	-0.13	0.89	0.41		-0.7	0.89	0.84	0.5	-0.41	0.76	0.21	-0.17	-0.24
Other Stockholder Equity	-0.27	-0.56	-0.04	0.02	0.57	-0.34	-0.56	-0.56	-0.41	-0.21	-0.31	-0.41	-0.33	0.77	-0.52	0.21	-0.7		-0.5	-0.48	-0.2	0.85	-0.4	-0.09	0.76	0.82
Total Liab	0.95	1.0	0.75	0.58	0.18	0.95	0.99	0.75	0.78	0.94	0.01	0.78	0.76	0.12	1.0	0.6	0.89	-0.5		0.88	0.34	-0.2	0.88	0.56	0.16	0.05
Total Current Assets	0.88	0.89	0.63	0.63	0.26	0.84	0.83	0.81	0.98	0.82	-0.27	0.98	0.65	0.11	0.87	0.47	0.84	-0.48	0.88		0.54	-0.17	0.59	0.25	0.06	0.01
Short Term Debt	0.32	0.35	0.24	0.64	-0.03	0.22	0.29	0.19	0.58	0.26	-0.2	0.58	0.08	0.05	0.31	0.26	0.5	-0.2	0.34	0.54		0.0	0.08	-0.42	-0.08	-0.03
Intangible Assets	0.05	-0.26	0.15	0.19	0.65	-0.09	-0.27	-0.31	-0.13	0.1	-0.13	-0.13	-0.09	0.88	-0.22	0.48	-0.41	0.85	-0.2	-0.17	0.0		-0.19	0.05	0.82	0.86
Accounts Payable	0.83	0.87	0.77	0.51	0.16	0.88	0.91	0.63	0.43	0.86	0.15	0.43	0.76	0.14	0.87	0.59	0.76	-0.4	0.88	0.59	0.08	-0.19		0.68	0.23	0.1
Property Plant And Equipment Gross	0.59	0.53	0.55	0.09	0.28	0.65	0.59	0.4	0.13	0.65	0.26	0.13	0.64	0.24	0.57	0.39	0.21	-0.09	0.56	0.25	-0.42	0.05	0.68		0.41	0.26
Common Stock Total Equity	0.4	0.09	0.54	0.43	0.8	0.33	0.1	-0.05	0.04	0.46	-0.29	0.04	0.25	0.96	0.13	0.68	-0.17	0.76	0.16	0.06	-0.08	0.82	0.23	0.41		0.97
Common Stock	0.3	-0.02	0.46	0.36	0.81	0.22	-0.03	-0.11	0.02	0.36	-0.37	0.02	0.15	0.97	0.02	0.55	-0.24	0.82	0.05	0.01	-0.03	0.86	0.1	0.26	0.97

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MGM Resorts Account Relationship Matchups

MGM Resorts balance sheet 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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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:

How To Invest In MGM

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Is MGM Stock a good investment?

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What is MGM Resorts' Net Worth?

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Largest Hotels, Restaurants & Leisure Companies

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You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.

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MGM Historical Balance Sheet

MGM Resorts Inventory

80.3 Million

About MGM Balance Sheet Analysis

MGM Resorts Balance Sheet Chart

Total Assets

Total Current Liabilities

MGM Resorts balance sheet Correlations

MGM Resorts Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MGM Resorts balance sheet Accounts

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COMMON DESTINATIONS

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Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.7	Other Current Assets
Other Stockholder Equity	- 0.56	Retained Earnings
Other Stockholder Equity	- 0.56	Net Debt
Other Stockholder Equity	- 0.56	Short Long Term Debt Total
Non Currrent Assets Other	- 0.53	Total Stockholder Equity
Other Stockholder Equity	- 0.52	Non Current Liabilities Total