What does reportable legal entities — minority interest mean?

The portion of a subsidiary's equity owned by outside investors.

How do you interpret reportable legal entities — minority interest?

Changes reflect the relative performance and ownership stakes of non-controlling interests in the company's subsidiaries.

How does reportable legal entities — minority interest compare across companies?

Standard accounting line item for companies with significant joint ventures or partially owned assets.

MGM Resorts International MGM Reportable Legal Entities — Minority Interest

Discontinued — last reported Q1 '18

Similar metrics at other companies

REGReportable Legal Entities — Minority Interest

$35.22M—

APTVReportable Legal Entities — Minority Interest

$235M-39.7%

RSReportable Legal Entities — Minority Interest

$21.4M—

MTCHReportable Legal Entities — Minority Interest

$516.8M+265%

BALLReportable Legal Entities — Minority Interest

$10M—

TPX

TPXReportable Legal Entities — Minority Interest

——

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:MinorityInterest.

The official record: MGM Resorts International’s 10-Q, filed May 7, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — minority interest mean?: The portion of a subsidiary's equity owned by outside investors.
How do you interpret reportable legal entities — minority interest?: Changes reflect the relative performance and ownership stakes of non-controlling interests in the company's subsidiaries.
How does reportable legal entities — minority interest compare across companies?: Standard accounting line item for companies with significant joint ventures or partially owned assets.