MGM RESORTS ITL
MGM RESORTS ITL operates in Diversified Metals & Mining.
MGM RESORTS ITL (MGG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.173x
Based on the latest financial reports, MGM RESORTS ITL (MGG) has a cash flow conversion efficiency ratio of 0.173x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€667.43 Million) by net assets (€3.85 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MGM RESORTS ITL - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MGM RESORTS ITL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MGM RESORTS ITL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MGM RESORTS ITL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Adamas One Corp. Common Stock
PINK:JEWL
|
0.097x |
|
HILG11
SA:HILG11
|
N/A |
|
WAERTSILAE - Dusseldorf Stock Exchang
DU:MTA
|
0.124x |
|
LEUCADIA NATIONAL - Dusseldorf Stock Exchang
DU:LN3
|
-0.064x |
|
IGEN Networks Corp
PINK:IGEN
|
0.018x |
|
WGELF
OTCGREY:WGELF
|
-0.468x |
|
Ziccum AB
ST:ZICC
|
-1.214x |
|
CHIPOTLE MEXICAN
BE:C9F
|
0.124x |
Annual Cash Flow Conversion Efficiency for MGM RESORTS ITL (2016–2023)
The table below shows the annual cash flow conversion efficiency of MGM RESORTS ITL from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €4.37 Billion | €2.69 Billion | 0.616x | +88.30% |
| 2022-12-31 | €5.37 Billion | €1.76 Billion | 0.327x | +165.01% |
| 2021-12-31 | €11.12 Billion | €1.37 Billion | 0.123x | +193.00% |
| 2020-12-31 | €11.25 Billion | €-1.49 Billion | -0.133x | -192.86% |
| 2019-12-31 | €12.66 Billion | €1.81 Billion | 0.143x | -13.10% |
| 2018-12-31 | €10.47 Billion | €1.72 Billion | 0.165x | -13.15% |
| 2017-12-31 | €11.65 Billion | €2.21 Billion | 0.189x | +23.12% |
| 2016-12-31 | €9.97 Billion | €1.53 Billion | 0.154x | -- |