MGM Debt Ratio from 2010 to 2024

MGM Stock  USD 39.75  0.31  0.79%   
MGM Resorts Debt Ratio yearly trend continues to be very stable with very little volatility. Debt Ratio is likely to drop to 0.15. During the period from 2010 to 2024, MGM Resorts Debt Ratio quarterly data regression pattern had sample variance of  0.03 and median of  0.50. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.15313569
Current Value
0.15
Quarterly Volatility
0.17117526
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGM Resorts financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGM main balance sheet or income statement drivers, such as Depreciation And Amortization of 664 M, Interest Expense of 502.6 M or Total Revenue of 17 B, as well as many exotic indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 3.0E-4 or PTB Ratio of 4.37. MGM financial statements analysis is a perfect complement when working with MGM Resorts Valuation or Volatility modules.
  
This module can also supplement MGM Resorts' financial leverage analysis and stock options assessment as well as various MGM Resorts Technical models . Check out the analysis of MGM Resorts Correlation against competitors.

Latest MGM Resorts' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of MGM Resorts International over the last few years. It is MGM Resorts' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGM Resorts' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Very volatile
   Debt Ratio   
       Timeline  

MGM Debt Ratio Regression Statistics

Arithmetic Mean0.45
Geometric Mean0.41
Coefficient Of Variation37.71
Mean Deviation0.12
Median0.50
Standard Deviation0.17
Sample Variance0.03
Range0.5912
R-Value(0.06)
Mean Square Error0.03
R-Squared0
Significance0.84
Slope(0)
Total Sum of Squares0.41

MGM Debt Ratio History

2023 0.15
2022 0.74
2021 0.6
2020 0.57
2019 0.45
2017 0.44
2016 0.46

Other Fundumenentals of MGM Resorts International

MGM Resorts Debt Ratio component correlations

0.460.920.770.80.950.880.350.050.820.30.090.830.730.070.610.71-0.52-0.67-0.01-0.74-0.330.71-0.660.7-0.71
0.460.090.360.420.180.26-0.070.650.150.810.62-0.040.22-0.28-0.220.130.270.25-0.42-0.09-0.45-0.020.220.120.21
0.920.090.730.740.990.830.35-0.270.91-0.03-0.210.940.760.280.840.74-0.73-0.870.1-0.86-0.250.79-0.870.7-0.91
0.770.360.730.80.750.810.19-0.310.61-0.11-0.240.60.690.490.640.85-0.56-0.75-0.17-0.77-0.290.75-0.640.79-0.69
0.80.420.740.80.760.650.12-0.090.760.15-0.070.640.640.210.610.76-0.55-0.63-0.12-0.8-0.460.54-0.630.52-0.65
0.950.180.990.750.760.880.39-0.20.880.05-0.150.920.760.220.790.74-0.7-0.830.12-0.83-0.240.8-0.830.73-0.87
0.880.260.830.810.650.880.55-0.170.570.01-0.170.740.670.190.60.75-0.6-0.760.22-0.64-0.050.85-0.660.91-0.71
0.35-0.070.350.190.120.390.55-0.020.13-0.04-0.120.440.320.030.090.2-0.29-0.370.46-0.160.550.3-0.20.35-0.25
0.050.65-0.27-0.31-0.09-0.2-0.17-0.02-0.190.860.88-0.19-0.25-0.8-0.67-0.380.660.59-0.140.470.02-0.480.59-0.380.59
0.820.150.910.610.760.880.570.13-0.190.1-0.080.850.740.320.760.61-0.61-0.71-0.12-0.9-0.420.56-0.760.4-0.81
0.30.81-0.03-0.110.150.050.01-0.040.860.10.87-0.08-0.07-0.63-0.4-0.20.490.48-0.310.15-0.35-0.340.41-0.20.39
0.090.62-0.21-0.24-0.07-0.15-0.17-0.120.88-0.080.87-0.19-0.36-0.68-0.57-0.230.770.53-0.440.34-0.15-0.530.62-0.320.56
0.83-0.040.940.60.640.920.740.44-0.190.85-0.08-0.190.660.150.750.59-0.69-0.850.23-0.740.020.68-0.820.55-0.86
0.730.220.760.690.640.760.670.32-0.250.74-0.07-0.360.660.530.60.6-0.71-0.660.14-0.8-0.240.77-0.740.54-0.74
0.07-0.280.280.490.210.220.190.03-0.80.32-0.63-0.680.150.530.510.45-0.5-0.51-0.15-0.62-0.130.43-0.460.31-0.5
0.61-0.220.840.640.610.790.60.09-0.670.76-0.4-0.570.750.60.510.68-0.87-0.860.09-0.84-0.310.76-0.950.62-0.94
0.710.130.740.850.760.740.750.2-0.380.61-0.2-0.230.590.60.450.68-0.52-0.8-0.13-0.75-0.350.76-0.660.79-0.73
-0.520.27-0.73-0.56-0.55-0.7-0.6-0.290.66-0.610.490.77-0.69-0.71-0.5-0.87-0.520.81-0.420.730.08-0.80.95-0.570.9
-0.670.25-0.87-0.75-0.63-0.83-0.76-0.370.59-0.710.480.53-0.85-0.66-0.51-0.86-0.80.81-0.210.8-0.01-0.840.9-0.740.94
-0.01-0.420.1-0.17-0.120.120.220.46-0.14-0.12-0.31-0.440.230.14-0.150.09-0.13-0.42-0.210.140.540.28-0.280.15-0.2
-0.74-0.09-0.86-0.77-0.8-0.83-0.64-0.160.47-0.90.150.34-0.74-0.8-0.62-0.84-0.750.730.80.140.4-0.670.81-0.550.85
-0.33-0.45-0.25-0.29-0.46-0.24-0.050.550.02-0.42-0.35-0.150.02-0.24-0.13-0.31-0.350.08-0.010.540.4-0.160.2-0.140.2
0.71-0.020.790.750.540.80.850.3-0.480.56-0.34-0.530.680.770.430.760.76-0.8-0.840.28-0.67-0.16-0.850.89-0.85
-0.660.22-0.87-0.64-0.63-0.83-0.66-0.20.59-0.760.410.62-0.82-0.74-0.46-0.95-0.660.950.9-0.280.810.2-0.85-0.630.98
0.70.120.70.790.520.730.910.35-0.380.4-0.2-0.320.550.540.310.620.79-0.57-0.740.15-0.55-0.140.89-0.63-0.68
-0.710.21-0.91-0.69-0.65-0.87-0.71-0.250.59-0.810.390.56-0.86-0.74-0.5-0.94-0.730.90.94-0.20.850.2-0.850.98-0.68
Click cells to compare fundamentals

About MGM Resorts Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MGM Resorts income statement, its balance sheet, and the statement of cash flows. MGM Resorts investors use historical funamental indicators, such as MGM Resorts's Debt Ratio, to determine how well the company is positioned to perform in the future. Although MGM Resorts investors may use each financial statement separately, they are all related. The changes in MGM Resorts's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MGM Resorts's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MGM Resorts Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MGM Resorts. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.15  0.15 
Cash Flow To Debt Ratio 0.41  0.39 

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 the analysis of MGM Resorts Correlation against competitors.
Note that the MGM Resorts International information on this page should be used as a complementary analysis to other MGM Resorts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for MGM Stock analysis

When running MGM Resorts' price analysis, check to measure MGM Resorts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGM Resorts is operating at the current time. Most of MGM Resorts' value examination focuses on studying past and present price action to predict the probability of MGM Resorts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGM Resorts' price. Additionally, you may evaluate how the addition of MGM Resorts to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Is MGM Resorts' industry 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
0.342
Earnings Share
3.19
Revenue Per Share
45.414
Quarterly Revenue Growth
0.219
Return On Assets
0.0225
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.