MGM China Holdings Limited (M04) - Cash Flow Conversion Efficiency
Based on the latest financial reports, MGM China Holdings Limited (M04) has a cash flow conversion efficiency ratio of -0.584x as of June 2023. 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 (€1.85 Billion ≈ $2.16 Billion USD) by net assets (€-3.16 Billion ≈ $-3.70 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MGM China Holdings Limited - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how MGM China Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read MGM China Holdings Limited total liabilities for a breakdown of total debt and financial obligations.
MGM China Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MGM China Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CCC Intelligent Solutions Holdings Inc. Common Stock
NASDAQ:CCCS
|
0.021x |
|
Gan & Lee Pharmaceuticals Co Ltd
SHG:603087
|
0.023x |
|
Perseus Mining Ltd
AU:PRU
|
0.078x |
|
TAL Education Group
NYSE:TAL
|
-0.017x |
|
SCOR SE
PA:SCR
|
0.091x |
|
One Gas Inc
NYSE:OGS
|
0.007x |
|
Resideo Technologies Inc
NYSE:REZI
|
0.103x |
|
CSW Industrials Inc
NASDAQ:CSWI
|
0.025x |
Annual Cash Flow Conversion Efficiency for MGM China Holdings Limited (2014–2024)
The table below shows the annual cash flow conversion efficiency of MGM China Holdings Limited from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see MGM China Holdings Limited (M04) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €527.53 Million ≈ $616.73 Million |
€8.27 Billion ≈ $9.66 Billion |
15.669x | +351.52% |
| 2023-12-31 | €-1.33 Billion ≈ $-1.55 Billion |
€8.27 Billion ≈ $9.67 Billion |
-6.229x | -1277.72% |
| 2022-12-31 | €-4.00 Billion ≈ $-4.67 Billion |
€-2.11 Billion ≈ $-2.47 Billion |
0.529x | +240.81% |
| 2021-12-31 | €1.20 Billion ≈ $1.40 Billion |
€-449.61 Million ≈ $-525.64 Million |
-0.376x | +36.54% |
| 2020-12-31 | €5.02 Billion ≈ $5.87 Billion |
€-2.97 Billion ≈ $-3.47 Billion |
-0.592x | -242.87% |
| 2019-12-31 | €10.46 Billion ≈ $12.23 Billion |
€4.33 Billion ≈ $5.07 Billion |
0.414x | +71.66% |
| 2018-12-31 | €8.95 Billion ≈ $10.46 Billion |
€2.16 Billion ≈ $2.52 Billion |
0.241x | -71.30% |
| 2017-12-31 | €8.51 Billion ≈ $9.95 Billion |
€7.16 Billion ≈ $8.37 Billion |
0.841x | +119.68% |
| 2016-12-31 | €7.22 Billion ≈ $8.44 Billion |
€2.76 Billion ≈ $3.23 Billion |
0.383x | -41.39% |
| 2015-12-31 | €4.92 Billion ≈ $5.75 Billion |
€3.21 Billion ≈ $3.75 Billion |
0.653x | -20.34% |
| 2014-12-31 | €6.34 Billion ≈ $7.41 Billion |
€5.20 Billion ≈ $6.08 Billion |
0.820x | -- |
About MGM China Holdings Limited
MGM China Holdings Limited, an investment holding company, engages in the development, ownership, and operation of gaming and lodging resorts in the Greater China region. The company develops and operates casino games of chance and other casino games, and related hotel and resort facilities, as well as provides hotel management services; and develops integrated resorts in Macau. It owns and opera… Read more