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What is MGM's Other Current Assets?

  MGM Resorts International ( MGM ) |
1994 - 2021 (28 years)

Other Current Assets is 
0.0 (1Y - )

MGM Stock Price & Other Current Assets

Other Current Assets for MGM competitors.
MCRI PENN CNTY WYNN MLCO BYD LVS
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Other Current Assets

chevron_right 2021 0.0 -1.0x
( -100.0% / year avg)
chevron_left 1994 $35.1M
vertical_align_top Peak $898.4M -
vertical_align_bottom Bottom 0.0
arrow_drop_up # Up Years 11 11 of 28
years up.
arrow_drop_down # Down Years 6
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • MGM's stock price has rallied +807% from $2.54 in 1994 , or -7.07x faster than it's other current assets over the same period.
  • If MGM shrinks it's stock at the same rate as it's other current assets (-100.0%/year) , it's stock price will shrink 0% and hit $0.0 over the next 10 years.
  • MGM's stock price has gone up 0 of the 11 years (0%) it's other current assets were also up.
  • MGM Historical Other Current Assets Table
    in $ million
    Year Other Current Assets YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $0 - - -
    4/1/2020 $0 - - -
    4/1/2019 $0 - - -
    4/1/2018 $0 - - -
    4/1/2017 $0 - - -
    4/1/2016 $0 - - -
    4/1/2015 $0 - - -
    4/1/2014 $0 - - -
    4/1/2013 $0 - - -
    4/1/2012 $0 - - -
    4/1/2011 $0 - - -
    4/1/2010 $0 -100.0% - -
    4/1/2009 $808 14.9% - -
    4/1/2008 $703 -21.7% - -
    4/1/2007 $898 - - -
    4/1/2006 $0 -100.0% - -
    4/1/2005 $98 -78.6% - -
    4/1/2004 $460 0.9% - -
    4/1/2003 $455 831.4% - -
    4/1/2002 $48 -92.9% - -
    4/1/2001 $685 91.6% - -
    4/1/2000 $357 39.8% - -
    4/1/1999 $256 51.1% - -
    4/1/1998 $169 2.2% - -
    4/1/1997 $165 -13.5% - -
    4/1/1996 $191 238.5% - -
    4/1/1995 $56 61.3% - -
    4/1/1994 $35 - - -

  • About
    Industry: Resorts & Casinos
    Sector: Consumer Cyclical
    Country: US
    IPO Date: 12/13/1989
    Stonk Exchange: NYSE
    • MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts.
    • The company is headquartered in Las Vegas, Nevada and currently employs 55,000 full-time employees.
    • The Company, through its subsidiaries, owns and operates casino resorts.
    • The firm operates in two segments: domestic resorts and MGM China.
    • Its domestic resorts segment consists of non-gaming operations, including hotel, food and beverage, entertainment and other non-gaming amenities.
    • Its casino operations feature a range of slots, table games, and race and sports book wagering.
    • Its MGM China’s operations consist of the MGM Macau resort and casino, and the development of an integrated casino, hotel and entertainment resort on the Cotai Strip in Macau.
    • Under its resort operation, the Company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities.
    • The company owns Primm Valley Golf Club at the California/Nevada state line and Fallen Oak golf course in Saucier, Mississippi, among others.

  • Current assets have a lifespan of one year or less, meaning they can be converted easily into cash. Such asset classes include cash and cash equivalents, accounts receivable and inventory.

    Other current assets are assets that are not specified in the financial statement.

    For more detailed definitions, please see Investopedia.