MGM Capital Surpluse vs Common Stock Analysis

MGM Stock  USD 41.65  0.10  0.24%   
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 Capital Surpluse and its Common Stock 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 tightly coupled with the direction of predictive economic indicators such as signals in price.

Capital Surpluse vs Common Stock

Capital Surpluse vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MGM Resorts International Capital Surpluse account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between MGM Resorts' Capital Surpluse and Common Stock is 0.48. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Common Stock 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' Capital Surpluse and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of MGM Resorts International are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Surpluse i.e., MGM Resorts' Capital Surpluse and Common Stock go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Surpluse

Common Stock

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 tightly coupled 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 16th of May 2024, Tax Provision is likely to grow to about 528.5 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit4.6B6.5B6.8B7.1B
Total Revenue9.7B13.1B16.2B17.0B

MGM Resorts fundamental ratios Correlations

0.930.770.680.460.980.920.770.790.99-0.570.790.80.380.940.710.74-0.270.950.880.350.050.820.590.40.3
0.930.590.550.120.940.990.760.790.91-0.560.790.730.051.00.550.88-0.561.00.890.4-0.260.860.530.09-0.02
0.770.590.80.710.780.60.60.40.81-0.420.40.80.620.60.740.450.10.640.520.220.270.70.520.620.55
0.680.550.80.530.640.520.50.570.67-0.340.570.570.480.530.750.280.020.580.630.630.190.50.090.430.36
0.460.120.710.530.420.090.360.260.49-0.30.260.420.880.140.56-0.120.570.180.26-0.070.650.150.280.80.81
0.980.940.780.640.420.930.820.740.98-0.670.740.850.290.940.620.77-0.340.950.840.25-0.090.870.650.330.22
0.920.990.60.520.090.930.730.710.91-0.550.710.740.040.990.560.92-0.560.990.830.35-0.270.910.590.1-0.03
0.770.760.60.50.360.820.730.720.74-0.540.720.80.020.740.310.61-0.560.750.810.19-0.310.610.4-0.05-0.11
0.790.790.40.570.260.740.710.720.72-0.491.00.50.120.770.390.47-0.410.780.980.58-0.130.410.130.040.02
0.990.910.810.670.490.980.910.740.72-0.560.720.810.430.920.740.74-0.210.940.820.30.10.850.650.460.36
-0.57-0.56-0.42-0.34-0.3-0.67-0.55-0.54-0.49-0.56-0.49-0.58-0.1-0.56-0.2-0.360.2-0.56-0.540.00.28-0.5-0.42-0.2-0.12
0.790.790.40.570.260.740.710.721.00.72-0.490.50.120.770.390.47-0.410.780.980.58-0.130.410.130.040.02
0.80.730.80.570.420.850.740.80.50.81-0.580.50.220.740.510.65-0.330.760.650.12-0.090.760.640.250.15
0.380.050.620.480.880.290.040.020.120.43-0.10.120.220.090.68-0.140.770.120.110.030.880.140.240.960.97
0.941.00.60.530.140.940.990.740.770.92-0.560.770.740.090.570.89-0.521.00.870.36-0.220.870.570.130.02
0.710.550.740.750.560.620.560.310.390.74-0.20.390.510.680.570.440.210.60.470.260.480.590.390.680.55
0.740.880.450.28-0.120.770.920.610.470.74-0.360.470.65-0.140.890.44-0.640.880.620.16-0.370.880.61-0.06-0.2
-0.27-0.560.10.020.57-0.34-0.56-0.56-0.41-0.210.2-0.41-0.330.77-0.520.21-0.64-0.5-0.48-0.240.85-0.4-0.090.760.82
0.951.00.640.580.180.950.990.750.780.94-0.560.780.760.121.00.60.88-0.50.880.39-0.20.880.560.160.05
0.880.890.520.630.260.840.830.810.980.82-0.540.980.650.110.870.470.62-0.480.880.55-0.170.570.250.060.01
0.350.40.220.63-0.070.250.350.190.580.30.00.580.120.030.360.260.16-0.240.390.55-0.020.13-0.34-0.08-0.04
0.05-0.260.270.190.65-0.09-0.27-0.31-0.130.10.28-0.13-0.090.88-0.220.48-0.370.85-0.2-0.17-0.02-0.190.050.820.86
0.820.860.70.50.150.870.910.610.410.85-0.50.410.760.140.870.590.88-0.40.880.570.13-0.190.690.240.1
0.590.530.520.090.280.650.590.40.130.65-0.420.130.640.240.570.390.61-0.090.560.25-0.340.050.690.410.26
0.40.090.620.430.80.330.1-0.050.040.46-0.20.040.250.960.130.68-0.060.760.160.06-0.080.820.240.410.97
0.3-0.020.550.360.810.22-0.03-0.110.020.36-0.120.020.150.970.020.55-0.20.820.050.01-0.040.860.10.260.97
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 Total15.2B20.8B24.6B33.9B31.5B33.0B
Other Current Liab2.5B1.3B1.7B2.2B2.0B2.1B
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 Debt12.9B15.7B19.9B28.0B28.5B30.0B
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)(2.0B)(1.9B)
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 Assets200.3M200.8M259.0M583.1M770.5M809.0M
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 Debt95.4M112.0M1B1.3B144.3M273.4M
Intangible Assets3.8B3.6B3.6B1.6B1.7B1.8B
Accounts Payable235.4M142.5M263.1M369.8M461.7M484.8M
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

MGM Resorts Investors Sentiment

The influence of MGM Resorts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MGM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to MGM Resorts' public news can be used to forecast risks associated with an investment in MGM. The trend in average sentiment can be used to explain how an investor holding MGM can time the market purely based on public headlines and social activities around MGM Resorts International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MGM Resorts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MGM Resorts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MGM Resorts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on MGM Resorts.

MGM Resorts Implied Volatility

    
  76.69  
MGM Resorts' implied volatility exposes the market's sentiment of MGM Resorts International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if MGM Resorts' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that MGM Resorts stock will not fluctuate a lot when MGM Resorts' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MGM Resorts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MGM Resorts' short interest history, or implied volatility extrapolated from MGM Resorts options trading.

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 tightly coupled with the direction of predictive economic indicators such as signals in price.
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
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
Stocks Directory
Find actively traded stocks across global markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
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
(0.46)
Earnings Share
2.62
Revenue Per Share
48.685
Quarterly Revenue Growth
0.132
Return On Assets
0.0244
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.