MGM Resorts International (MGM) Short term Debt (2009 - 2024)
MGM Resorts International (MGM) reported Short term Debt of $675.0 million for Q3 2024, up 1817.61% sequentially from $35.2 million in Q2 2023.
MGM Resorts International (MGM) Short term Debt (2009 - 2024) Analysis & Trends
MGM Resorts International (MGM) has 13 years of Short term Debt data on file, last reported at $675.0 million in Q3 2024.
- For the quarter ending Q3 2024, Short term Debt changed N/A year-over-year to $675.0 million; the trailing twelve-month figure through Sep 2024 stood at $675.0 million (changed N/A YoY), and the FY2022 full-year result was $1.3 billion, up 28.65% from the prior year.
- Short term Debt rose to $675.0 million in Q3 2024, from $35.2 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $1.4 billion in Q3 2022 to a low of $35.2 million in Q2 2023.
- A 4-year average of $876.1 million and a median of $1.0 billion in 2021 frame the typical range for Short term Debt.
- Across the five-year window, Short term Debt soared 35.14% in 2022 and slumped 97.18% in 2023, its largest moves.
- Tracing MGM's Short term Debt over 4 years: stood at $1.0 billion in 2021, then gained by 28.65% to $1.3 billion in 2022, then sank by 97.26% to $35.2 million in 2023, then jumped by 1817.61% to $675.0 million in 2024.
- Business Quant data shows MGM's Short term Debt at $675.0 million in Q3 2024, $35.2 million in Q2 2023, and $36.5 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 675.00 Mn |
| Jun 30, 2023 | 35.20 Mn |
| Mar 31, 2023 | 36.49 Mn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 1.35 Bn |
| Jun 30, 2022 | 1.25 Bn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 1.00 Bn |
| Sep 30, 2021 | 1.00 Bn |
| Mar 31, 2019 | 2.55 Mn |
| Dec 31, 2018 | 43.41 Mn |
| Mar 31, 2018 | 539.61 Mn |
| Dec 31, 2017 | 158.04 Mn |
| Sep 30, 2017 | 466.38 Mn |
| Jun 30, 2017 | 472.59 Mn |
| Dec 31, 2016 | 8.38 Mn |
| Mar 31, 2016 | 242.90 Mn |
| Dec 31, 2015 | 328.44 Mn |
| Jun 30, 2015 | 875.03 Mn |
| Dec 31, 2014 | 1.25 Bn |