MGM Resorts International (MGM) - Total Assets
Based on the latest financial reports, MGM Resorts International (MGM) holds total assets worth $41.37 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. See MGM net asset value for net asset value and shareholders' equity analysis.
MGM Resorts International - Total Assets Trend (1988–2025)
This chart illustrates how MGM Resorts International's total assets have evolved over time, based on quarterly financial data.
MGM Resorts International - Asset Composition Analysis
Current Asset Composition (December 2025)
MGM Resorts International's total assets of $41.37 Billion consist of 10.5% current assets and 89.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $1.34 Billion | 3.3% |
| Inventory | $124.53 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.36 Billion | 3.3% |
| Goodwill | $4.90 Billion | 11.9% |
Asset Composition Trend (1988–2025)
This chart illustrates how MGM Resorts International'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 MGM stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MGM Resorts International's current assets represent 10.5% of total assets in 2025, a decrease from 18.0% in 1988.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2025, down from 5.6% in 1988.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 0.0% in 1988.
- Asset Diversification: The largest asset category is goodwill at 11.9% of total assets.
MGM Resorts International Competitors by Total Assets
Key competitors of MGM Resorts International based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hilton Grand Vacations Inc
NYSE:HGV
|
USA | $11.68 Billion |
|
Paradise Co. Ltd
KQ:034230
|
Korea | ₩3.96 Trillion |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
Turkey | TL6.15 Billion |
|
The Star Entertainment Group Ltd
AU:SGR
|
Australia | AU$1.69 Billion |
|
Grand Korea Leisure Co. Ltd
KO:114090
|
Korea | ₩651.27 Billion |
|
Soc Franc Casinos
PA:SFCA
|
France | €22.39 Million |
|
Minoan Group
LSE:MIN
|
UK | GBX52.11 Million |
|
Reef Casino Trust
AU:RCT
|
Australia | AU$103.62 Million |
MGM Resorts International - 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 | 1.23 | 1.30 | 3.86 |
| Quick Ratio | 1.20 | 1.26 | 3.81 |
| Cash Ratio | 0.00 | 0.72 | 0.00 |
| Working Capital | $820.32 Million | $1.01 Billion | $5.25 Billion |
MGM Resorts International - Advanced Valuation Insights
This section examines the relationship between MGM Resorts International'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 | 3.60 |
| Latest Market Cap to Assets Ratio | 0.23 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | $41.37 Billion |
| Market Capitalization | $9.34 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MGM Resorts International's assets below their book value (0.23x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MGM Resorts International's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MGM Resorts International (1988–2025)
The table below shows the annual total assets of MGM Resorts International from 1988 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $41.37 Billion | -2.03% |
| 2024-12-31 | $42.23 Billion | -0.32% |
| 2023-12-31 | $42.37 Billion | -7.27% |
| 2022-12-31 | $45.69 Billion | +11.72% |
| 2021-12-31 | $40.90 Billion | +12.07% |
| 2020-12-31 | $36.49 Billion | +7.73% |
| 2019-12-31 | $33.88 Billion | +12.13% |
| 2018-12-31 | $30.21 Billion | +3.60% |
| 2017-12-31 | $29.16 Billion | +3.50% |
| 2016-12-31 | $28.17 Billion | +11.73% |
| 2015-12-31 | $25.22 Billion | -5.18% |
| 2014-12-31 | $26.59 Billion | +1.85% |
| 2013-12-31 | $26.11 Billion | -0.66% |
| 2012-12-31 | $26.28 Billion | -5.34% |
| 2011-12-31 | $27.77 Billion | +46.44% |
| 2010-12-31 | $18.96 Billion | -15.80% |
| 2009-12-31 | $22.52 Billion | -3.25% |
| 2008-12-31 | $23.27 Billion | +2.41% |
| 2007-12-31 | $22.73 Billion | +2.63% |
| 2006-12-31 | $22.15 Billion | +6.99% |
| 2005-12-31 | $20.70 Billion | +86.23% |
| 2004-12-31 | $11.12 Billion | +2.81% |
| 2003-12-31 | $10.81 Billion | +2.92% |
| 2002-12-31 | $10.50 Billion | +0.07% |
| 2001-12-31 | $10.50 Billion | -2.21% |
| 2000-12-31 | $10.73 Billion | +291.28% |
| 1999-12-31 | $2.74 Billion | +55.09% |
| 1998-12-31 | $1.77 Billion | +26.50% |
| 1997-12-31 | $1.40 Billion | +8.60% |
| 1996-12-31 | $1.29 Billion | +0.43% |
| 1995-12-31 | $1.28 Billion | +12.39% |
| 1994-12-31 | $1.14 Billion | -1.66% |
| 1993-12-31 | $1.16 Billion | +9.08% |
| 1992-12-31 | $1.06 Billion | +124.79% |
| 1991-12-31 | $473.10 Million | +25.86% |
| 1990-12-31 | $375.90 Million | +28.56% |
| 1989-12-31 | $292.40 Million | +5.45% |
| 1988-12-31 | $277.30 Million | -- |
About MGM Resorts International
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well… Read more