What does intersegment elimination — capex mean?

This metric represents the elimination of cash outflows related to internal capital expenditures between consolidated entities. It ensures that capital investments made by one subsidiary to another are not reported as external cash outflows in the consolidated statement of cash flows. This adjustment is critical for accurately reflecting the company's actual capital deployment to third parties.

MGM Resorts International MGM Intersegment Elimination — CapEx

Discontinued — last reported Q4 '17

Similar metrics at other companies

CLFEliminations — Capital additions

$0—

TRG

TRGPCorporate Non Segment And Inter Segment Elimination — Segment Expenditure Addition To Long Lived Assets

$7.8M-25.0%

HEICorporate Segment — Payments to Acquire Property, Plant, and Equipment

$519K+7,314%

MOSCorporate, Eliminations and Other — CapEx

$600K+200%

ACIPayments To Acquire Property, Plant, And Equipment, Excluding Payments For Lease Buyouts

$458.4M-4.9%

HXLCorporate Reconciling Items And Eliminations — Net Impact Of Capital Expenditure Payments And Accrued Payables

$0—

Other financials

Income statement

See full

Revenue$4.5B+4.2%

Operating income$301.2M-21.8%

Net income$125.1M-15.8%

EPS (diluted)$0.48-5.9%

Balance sheet

See full

Cash & equivalents$2.3B+1.0%

Total debt$31.7B-0.6%

Total equity$2.4B-14.7%

Total assets$41.4B-1.2%

Cash flow

See full

Operating cash flow$567.8M+3.8%

CapEx$154.7M-32.2%

Free cash flow$413.1M+29.5%

Valuation

See full

Market cap$11.98B+11.9%

Enterprise value$41.38B+2.1%

P/E65.7×+49.9×

P/S0.7×+0.1×

Profitability

See full

Operating margin5.2%-3.1pp

Net margin1%-2.9pp

FCF margin8.8%+2.0pp

Returns & leverage

See full

Return on equity6.9%-14.6pp

Debt / equity13×+1.9×

Current ratio1.3×0.0×

Where this comes from

Reported directly by MGM Resorts International in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: MGM Resorts International’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does intersegment elimination — capex mean?: This metric represents the elimination of cash outflows related to internal capital expenditures between consolidated entities. It ensures that capital investments made by one subsidiary to another are not reported as external cash outflows in the consolidated statement of cash flows. This adjustment is critical for accurately reflecting the company's actual capital deployment to third parties.