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MGM Resorts International MGM Reportable Legal Entities — Payments Of Debt Issuance Costs

Discontinued — last reported Q1 '18

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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:PaymentsOfDebtIssuanceCosts.

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 — payments of debt issuance costs mean?
The cash spent on fees and expenses to issue new debt.
How do you interpret reportable legal entities — payments of debt issuance costs?
Higher payments indicate significant new debt issuance or refinancing activity, while lower payments suggest stable debt structures.
How does reportable legal entities — payments of debt issuance costs compare across companies?
Standard across capital-intensive industries; peers with high leverage or frequent refinancing will show higher recurring costs.