MGM China Holdings (STU:M04) Interest Expense : €-182 Mil (TTM As of Dec. 2024)

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What is MGM China Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MGM China Holdings's interest expense for the six months ended in Dec. 2024 was € -100 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-182 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MGM China Holdings's Operating Income for the six months ended in Dec. 2024 was € 327 Mil. MGM China Holdings's Interest Expense for the six months ended in Dec. 2024 was € -100 Mil. MGM China Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 3.26. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGM China Holdings Interest Expense Historical Data

The historical data trend for MGM China Holdings's Interest Expense 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 Interest Expense Chart

MGM China Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-109.20

-144.15

-185.75

-202.71

-185.01

MGM China Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-104.01	-97.24	-105.81	-82.13	-100.18

MGM China Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-182 Mil.

MGM China Holdings (STU:M04) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MGM China Holdings's Interest Expense for the six months ended in Dec. 2024 was €-100 Mil. Its Operating Income for the six months ended in Dec. 2024 was €327 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €2,361 Mil.

MGM China Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	326.837	/	-100.181
	=	3.26

The higher the ratio, the stronger the company's financial strength is.

MGM China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MGM China Holdings Ltd (STU:M04) » Definitions » Interest Expense

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MCHVY:USA MCHVF:USA 02282:Hong Kong

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. It operates two integrated resorts: the MGM Macau resort in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.

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