MGM China Holdings Limited (M04) - Total Assets
Based on the latest financial reports, MGM China Holdings Limited (M04) holds total assets worth €29.67 Billion EUR (≈ $34.69 Billion USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore MGM China Holdings Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.
MGM China Holdings Limited - Total Assets Trend (2014–2025)
This chart illustrates how MGM China Holdings Limited's total assets have evolved over time, based on quarterly financial data. See M04 net assets for net asset value and shareholders' equity analysis.
MGM China Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
MGM China Holdings Limited's total assets of €29.67 Billion consist of 21.0% current assets and 79.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 14.8% |
| Accounts Receivable | €1.41 Billion | 4.8% |
| Inventory | €240.23 Million | 0.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.24 Billion | 4.2% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2025)
This chart illustrates how MGM China Holdings Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is MGM China Holdings Limited worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MGM China Holdings Limited's current assets represent 21.0% of total assets in 2025, a decrease from 29.2% in 2014.
- Cash Position: Cash and equivalents constituted 14.8% of total assets in 2025, down from 25.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 12.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 4.8% of total assets.
MGM China Holdings Limited Competitors by Total Assets
Key competitors of MGM China Holdings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
USA | $31.90 Billion |
|
Bains Mer Monaco
PA:BAIN
|
France | €2.31 Billion |
|
Melco Resorts & Entertainment Limited
F:MAS
|
Germany | €7.40 Billion |
|
Golden Entertainment Inc
NASDAQ:GDEN
|
USA | $1.04 Billion |
|
The Star Entertainment Group Ltd
AU:SGR
|
Australia | AU$1.69 Billion |
|
Reef Casino Trust
AU:RCT
|
Australia | AU$103.62 Million |
|
Donaco International Ltd
AU:DNA
|
Australia | AU$223.96 Million |
|
Gamehost Inc.
TO:GH
|
Canada | CA$174.82 Million |
MGM China Holdings Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.54 | 0.72 | 0.97 |
| Quick Ratio | 0.51 | 0.70 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-5.41 Billion | €-2.56 Billion | €-104.61 Million |
MGM China Holdings Limited - Advanced Valuation Insights
This section examines the relationship between MGM China Holdings Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 13.00 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | €29.67 Billion |
| Market Capitalization | $4.55 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MGM China Holdings Limited's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MGM China Holdings Limited's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MGM China Holdings Limited (2014–2025)
The table below shows the annual total assets of MGM China Holdings Limited from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €29.67 Billion ≈ $34.69 Billion |
-3.04% |
| 2024-12-31 | €30.60 Billion ≈ $35.78 Billion |
+4.87% |
| 2023-12-31 | €29.18 Billion ≈ $34.12 Billion |
-6.50% |
| 2022-12-31 | €31.21 Billion ≈ $36.49 Billion |
+9.74% |
| 2021-12-31 | €28.44 Billion ≈ $33.25 Billion |
-4.14% |
| 2020-12-31 | €29.67 Billion ≈ $34.69 Billion |
-8.73% |
| 2019-12-31 | €32.51 Billion ≈ $38.00 Billion |
-7.48% |
| 2018-12-31 | €35.13 Billion ≈ $41.07 Billion |
-4.03% |
| 2017-12-31 | €36.61 Billion ≈ $42.80 Billion |
+35.18% |
| 2016-12-31 | €27.08 Billion ≈ $31.66 Billion |
+23.35% |
| 2015-12-31 | €21.95 Billion ≈ $25.67 Billion |
+30.47% |
| 2014-12-31 | €16.83 Billion ≈ $19.67 Billion |
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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