What does MA — payments to acquire intangible assets mean?

The amount of cash spent to purchase non-physical assets like licenses or intellectual property in a specific region.

How do you interpret MA — payments to acquire intangible assets?

An increase suggests aggressive expansion or renewal of operating rights, while a decrease may indicate a period of consolidation or reduced investment in new market opportunities.

How does MA — payments to acquire intangible assets compare across companies?

Commonly reported by gaming and hospitality firms as part of capital expenditure or intangible asset additions in segment disclosures.

MGM Resorts International MGM MA — Payments To Acquire Intangible Assets

Discontinued — last reported Q3 '18

Similar metrics at other companies

WYNNPayments For Intangible Assets And Other Assets

$114.25K-82.5%

LVSPayments to acquire intangible assets and other

$0-100%

WMGReportable Legal Entities — Payments To Acquire Intangible Assets

$4M-20.0%

CLHReportable Legal Entities — Payments To Acquire Intangible Assets

$1.23M+115%

AKAMPayments To Acquire Assets

$0-100%

ALGMPayments For Intangible Assets

$1M—

Other financials

Income statement

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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

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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

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Operating cash flow$567.8M+3.8%

CapEx$154.7M-32.2%

Free cash flow$413.1M+29.5%

Valuation

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Market cap$11.98B+11.9%

Enterprise value$41.38B+2.1%

P/E65.7×+49.9×

P/S0.7×+0.1×

Profitability

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Operating margin5.2%-3.1pp

Net margin1%-2.9pp

FCF margin8.8%+2.0pp

Returns & leverage

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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:PaymentsToAcquireIntangibleAssets.

The official record: MGM Resorts International’s 10-K, filed February 27, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does MA — payments to acquire intangible assets mean?: The amount of cash spent to purchase non-physical assets like licenses or intellectual property in a specific region.
How do you interpret MA — payments to acquire intangible assets?: An increase suggests aggressive expansion or renewal of operating rights, while a decrease may indicate a period of consolidation or reduced investment in new market opportunities.
How does MA — payments to acquire intangible assets compare across companies?: Commonly reported by gaming and hospitality firms as part of capital expenditure or intangible asset additions in segment disclosures.