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What is MGM's Other Financing Activities?

  MGM Resorts International ( MGM ) |
2001 - 2021 (21 years)

Other Financing Activities is 
-$407.1M (1Y +11.7% )

MGM Stock Price & Other Financing Activities

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

Historical (All-Time) Stats for Other Financing Activities

chevron_right 2021 -$111.3M +15.3x
( +14.2% / year avg)
chevron_left 2001 -$6.8M
vertical_align_top Peak $70.8M +1.12x *
vertical_align_bottom Bottom -$585.9M
arrow_drop_up # Up Years 9 9 of 21
years up.
arrow_drop_down # Down Years 12
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 2001 , or +0.46x the rate relative to it's other financing activities over the same period.
  • If MGM grows it's stock at the same rate as it's other financing activities (+14.2%/year) , it's stock price will grow +377% and hit $87.0 over the next 10 years.
  • MGM's stock price has gone up 5 of the 9 years (+55%) it's other financing activities were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • MGM Historical Other Financing Activities Table
    in $ million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Other Financing Activities YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 $-111 -69.6% $23.06 34.2%
    4/1/2020 $-365 13.1% $17.18 -29.3%
    4/1/2019 $-323 8.3% $24.3 -19.7%
    4/1/2018 $-298 60.2% $30.26 0.5%
    4/1/2017 $-186 -39.8% $30.11 39.4%
    4/1/2016 $-309 -14.8% $21.6 14.0%
    4/1/2015 $-363 -33.2% $18.95 -22.1%
    4/1/2014 $-544 21.3% $24.34 69.7%
    4/1/2013 $-448 -5.3% $14.34 40.1%
    4/1/2012 $-473 -19.1% $10.24 -28.1%
    4/1/2011 $-585 2847.9% $14.25 20.9%
    4/1/2010 $-19 -84.5% $11.78 67.0%
    4/1/2009 $-128 -2103.3% $7.05 -84.8%
    4/1/2008 $6 -90.9% $46.52 -38.1%
    4/1/2007 $70 551.0% $75.18 91.8%
    4/1/2006 $10 -110.1% $39.19 8.8%
    4/1/2005 $-107 303.7% $36.01 71.5%
    4/1/2004 $-26 -37.9% $20.99 57.2%
    4/1/2003 $-42 2133.5% $13.35 -25.0%
    4/1/2002 $-1 -71.8% $17.81 19.9%
    4/1/2001 $-6 - $14.86 -

  • 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.

  • Cash flow from financing activities (CFF) is a section of a company’s cash flow statement, which shows the net flows of cash that are used to fund the company. Financing activities include transactions involving debt, equity, and dividends.

    Other financing activities are financing activities that are not specified in the CFF section of the Cash Flow Statement.

    For more detailed definitions, please see Investopedia.