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MGM Resorts International MGM MD — Payments To Acquire Intangible Assets

Discontinued — last reported Q4 '16

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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 MD — payments to acquire intangible assets mean?
The amount of cash spent by a specific business segment to purchase non-physical assets like licenses, software, or intellectual property.
How do you interpret MD — payments to acquire intangible assets?
An increase suggests aggressive investment in digital expansion or regulatory market access, while a decrease may indicate a shift toward maintenance or a pause in strategic acquisitions.
How does MD — payments to acquire intangible assets compare across companies?
Peers in the gaming and hospitality sector often report similar figures under 'Capital Expenditures' or 'Investing Cash Flows' related to software development and licensing fees.