MCHVY (MGM China Holdings) Buildings And Improvements : $3 Mil (As of Jun. 2024)

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What is MGM China Holdings Buildings And Improvements?

MGM China Holdings's quarterly buildings and improvements increased from Jun. 2023 ($2 Mil) to Dec. 2023 ($4,090 Mil) but then declined from Dec. 2023 ($4,090 Mil) to Jun. 2024 ($3 Mil).

MGM China Holdings's annual buildings and improvements increased from Dec. 2021 ($4,105 Mil) to Dec. 2022 ($4,109 Mil) but then declined from Dec. 2022 ($4,109 Mil) to Dec. 2023 ($4,090 Mil).

MGM China Holdings Buildings And Improvements Historical Data

The historical data trend for MGM China Holdings's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MGM China Holdings Buildings And Improvements Chart

MGM China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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4,030.79

4,067.30

4,105.30

4,108.96

4,089.82

MGM China Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Buildings And Improvements	Get a 7-Day Free Trial															2.70	4,108.96	1.93	4,089.82	2.70

MGM China Holdings Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

MGM China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM China Holdings Ltd (OTCPK:MCHVY) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

MCHVF:USA 02282:Hong Kong M04:Germany

Address

Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC

Website

https://en.mgmchinaholdings.com

MGM China is one of six casino license holders in Macao and operates two integrated resorts: the MGM Macau casino in the Macao Peninsula and MGM Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.