GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM China Holdings Ltd (OTCPK:MCHVF) » Definitions » Capex-to-Operating-Income

MGM China Holdings (MGM China Holdings) Capex-to-Operating-Income : 0.08 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is MGM China Holdings Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

MGM China Holdings's Capital Expenditure for the six months ended in Dec. 2023 was $-25.80 Mil. Its Operating Income for the six months ended in Dec. 2023 was $344.32 Mil.

Hence, MGM China Holdings's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.08.


MGM China Holdings Capex-to-Operating-Income Historical Data

The historical data trend for MGM China Holdings's Capex-to-Operating-Income 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.

* Premium members only.

MGM China Holdings Capex-to-Operating-Income Chart

MGM China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 - - - 0.08

MGM China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.08 0.08

Competitive Comparison of MGM China Holdings's Capex-to-Operating-Income

For the Resorts & Casinos subindustry, MGM China Holdings's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGM China Holdings's Capex-to-Operating-Income Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's Capex-to-Operating-Income falls into.



MGM China Holdings Capex-to-Operating-Income Calculation

MGM China Holdings's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-45.411) / 585.016
=0.08

MGM China Holdings's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-25.8) / 344.318
=0.07

* 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.


MGM China Holdings  (OTCPK:MCHVF) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


MGM China Holdings Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of MGM China Holdings's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM China Holdings (MGM China Holdings) Business Description

Traded in Other Exchanges
Address
Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
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.

MGM China Holdings (MGM China Holdings) Headlines

From GuruFocus

MGM China Reports 2021 First Half Results

By PRNewswire PRNewswire 08-04-2021

MGM China Reports 2022 First Half Results

By PRNewswire PRNewswire 08-03-2022

MGM China Posts 2018 Third Quarter Financial Data

By PRNewswire PRNewswire 10-31-2018

MGM China Reports 2022 Annual Results

By PRNewswire PRNewswire 02-08-2023

MGM China Reports 2021 Third-Quarter Results

By PRNewswire PRNewswire 11-03-2021

MGM China Reports 2020 Annual Results

By PRNewswire PRNewswire 02-11-2021

MGM China Reports 2022 Third-Quarter Results

By PRNewswire PRNewswire 11-02-2022

MGM China Reports 2019 First Quarter Financial Data

By PRNewswire PRNewswire 04-30-2019

MGM China Reports 2019 Interim Results

By PRNewswire PRNewswire 07-26-2019