MGM Other Liab from 2010 to 2024

MGM Stock  USD 38.34  0.97  2.60%   
MGM Resorts Other Liabilities yearly trend continues to be very stable with very little volatility. Other Liabilities is likely to grow to about 3.8 B this year. During the period from 2010 to 2024, MGM Resorts Other Liabilities quarterly data regression pattern had sample variance of 1951127.7 T and median of  2,470,094,000. View All Fundamentals
 
Other Liabilities  
First Reported
2000-03-31
Previous Quarter
3.4 B
Current Value
3.4 B
Quarterly Volatility
997 M
 
Dot-com Bubble
 
Housing Crash
 
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 Resorts' main balance sheet or income statement drivers, such as Depreciation And Amortization of 693.3 M, Interest Expense of 502.6 M or Total Revenue of 17 B, as well as many 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.
  
Check out the analysis of MGM Resorts Correlation against competitors.

Latest MGM Resorts' Other Liab Growth Pattern

Below is the plot of the Other Liab of MGM Resorts International over the last few years. It is MGM Resorts' Other Liabilities 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.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

MGM Other Liab Regression Statistics

Arithmetic Mean1,861,861,599
Geometric Mean916,809,015
Coefficient Of Variation75.02
Mean Deviation1,227,910,825
Median2,470,094,000
Standard Deviation1,396,827,727
Sample Variance1951127.7T
Range3.8B
R-Value0.89
Mean Square Error442667.3T
R-Squared0.79
Slope277,495,897
Total Sum of Squares27315787.8T

MGM Other Liab History

20243.8 B
20233.6 B
20223.1 B
20212.8 B
20202.6 B
20192.5 B
20181.6 B

About MGM Resorts Financial Statements

MGM Resorts investors utilize fundamental indicators, such as Other Liab, to predict how MGM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Liabilities3.6 B3.8 B

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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:
Check out the analysis of MGM Resorts Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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
2.79
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.