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Mgm Resorts International (MGM) |
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Mgm Resorts International's Total Debt to Equity
MGM's quarterly Total Debt to Equity and Total Debt, Equity growth
Due to debt repayement of -2.49% Mgm Resorts International improved Total Debt to Equity in forth quarter 2023 to 1.46, above the Mgm Resorts International's average Total Debt to Equity.
Within Hotels & Tourism industry in the forth quarter 2023, 9 other companies have achieved lower Total Debt to Equity than Mgm Resorts International in the IV Quarter 2023. While Total Debt to Equity total ranking has improved so far in the forth quarter 2023 to 1224, from total ranking in the third quarter 2023 at 2341 .
Explain Debt to Equity Ratio?
What is the structure of MGM´s Total Debt?
How valuable is the MGM´s Equity?
Select the Comparisons :
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Select the Ratio:
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MGM Total Debt to Equity |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Equity Change |
-16.81 % |
-23.97 % |
-32.82 % |
-47.14 % |
-52.53 % |
Y / Y Total Debt Change |
-29.32 % |
-24.01 % |
-19.72 % |
-42.86 % |
-31.44 % |
Total Debt to Equity MRQ |
1.46 |
1.47 |
1.39 |
1.32 |
1.72 |
MGM's Total
Ranking |
# 1224 |
# 2341 |
# 633 |
# 2375 |
# 1104 |
Seq. Equity Change |
-2.14 % |
-8.41 % |
-7.41 % |
0.23 % |
-10.55 % |
Seq. Total Debt Change |
-2.49 % |
-3.04 % |
-2.45 % |
-23.37 % |
4.84 % |
Total Debt to Equity forth quarter 2023 Company Ranking |
Within: |
No. |
Hotels & Tourism Industry |
# 10 |
Services Sector |
# 127 |
Overall Market |
# 1224 |
Total Debt to Equity Statistics |
High |
Average |
Low |
1.9 |
1.39 |
0.91 |
(Mar 31 2015) |
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(Dec 31 2019) |
Cumulative Mgm Resorts International's Total Debt to Equity
MGM's Total Debt to Equity for the trailling 12 Months
MGM Total Debt to Equity |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Equity TTM Growth |
-16.81 % |
-23.97 % |
-32.82 % |
-47.14 % |
-52.53 % |
Y / Y Total Debt TTM Growth |
-29.32 % |
-24.01 % |
-19.72 % |
-42.86 % |
-31.44 % |
Total Debt to Equity TTM |
1.4 |
1.48 |
1.48 |
1.4 |
1.35 |
Total
Ranking TTM |
# 892
| # 140
| # 149
| # 166
| # 157
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Seq. Equity TTM Growth |
-2.14 % |
-8.41 % |
-7.41 % |
0.23 % |
-10.55 % |
Seq. Total Debt TTM Growth |
-2.49 % |
-3.04 % |
-2.45 % |
-23.37 % |
4.84 % |
On the trailing twelve months basis Due to debt repayement of -2.49% Mgm Resorts International decreased Total Debt to Equity in the 12 months ending in IV Quarter 2023 to 1.4, above the Mgm Resorts International's average Total Debt to Equity. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Hotels & Tourism industry 6, during the past 12 months, other companies have achieved lower Total Debt to Equity than Mgm Resorts International. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 140 to 892.
Explain Debt to Equity Ratio?
What is the structure of MGM´s Total Debt?
How valuable is the MGM´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Hotels & Tourism Industry |
# 7 |
Services Sector |
# 94 |
Within the Market |
# 892 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
1.48 |
0.81 |
0 | (Sep 30 2023) |
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(Mar 31 2017) |
Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Hotels & Tourism Industry | Total Debt to Equity | Dec 31 2023 MRQ Total Debt | Dec 31 2023 MRQ Equity | Studio City International Holdings Limited | 3.51 | $ 2,335.173 Millions | $ 666.104 Millions | Las Vegas Sands Corp | 3.42 | $ 14,029.000 Millions | $ 4,104.000 Millions | Wyndham Hotels and Resorts inc | 2.95 | $ 2,201.000 Millions | $ 746.000 Millions | International Game Technology Plc | 2.91 | $ 5,671.000 Millions | $ 1,952.000 Millions | Caesars Entertainment inc | 2.60 | $ 12,289.000 Millions | $ 4,720.000 Millions | Vail Resorts Inc | 2.43 | $ 2,790.733 Millions | $ 1,150.665 Millions | Playa Hotels and Resorts N v | 1.91 | $ 1,061.376 Millions | $ 554.797 Millions | Boyd Gaming Corp | 1.67 | $ 2,915.498 Millions | $ 1,744.102 Millions | Century Casinos Inc | 1.55 | $ 332.680 Millions | $ 214.441 Millions | Draftkings Inc | 1.49 | $ 1,253.760 Millions | $ 840.306 Millions | Mgm Resorts International | 1.46 | $ 6,343.810 Millions | $ 4,334.145 Millions | Xenia Hotels and Resorts Inc | 1.06 | $ 1,394.906 Millions | $ 1,317.497 Millions | Park Hotels and Resorts Inc | 1.00 | $ 3,765.000 Millions | $ 3,768.000 Millions | Penn Entertainment Inc | 0.86 | $ 2,765.600 Millions | $ 3,199.600 Millions | Life Time Group Holdings Inc | 0.86 | $ 1,932.875 Millions | $ 2,254.112 Millions | Hyatt Hotels Corporation | 0.86 | $ 3,056.000 Millions | $ 3,567.000 Millions | Host Hotels and Resorts Inc | 0.80 | $ 5,298.000 Millions | $ 6,637.000 Millions | Butler National Corp | 0.80 | $ 39.685 Millions | $ 49.912 Millions | Target Hospitality Corp | 0.47 | $ 175.474 Millions | $ 377.307 Millions | Walt Disney Co | 0.45 | $ 47,690.000 Millions | $ 105,501.000 Millions | Sunstone Hotel Investors inc | 0.38 | $ 814.559 Millions | $ 2,166.638 Millions |
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