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Mgm Resorts International  (MGM)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services

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?


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)   (Dec 31 2019)




Financial Statements
Mgm Resorts International's Equity $ 4,334 Millions Visit MGM's Balance sheet
Mgm Resorts International's Total Debt $ 6,344 Millions Visit MGM's Balance sheet
Source of MGM's Sales Visit MGM's Sales by Geography


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
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)   (Mar 31 2017)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Hotels & Tourism Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 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

Date modified: 2024-02-23T20:04:21+00:00



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