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MGM China Holdings (MGM China Holdings) Market Cap : $6,584 Mil (As of Apr. 30, 2024)


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What is MGM China Holdings Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MGM China Holdings's share price for the quarter that ended in Dec. 2023 was $1.25. MGM China Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3,800 Mil. Therefore, MGM China Holdings's market cap for the quarter that ended in Dec. 2023 was $4,750 Mil.

MGM China Holdings's quarterly market cap increased from Dec. 2022 ($4,161 Mil) to Jun. 2023 ($4,494 Mil) and increased from Jun. 2023 ($4,494 Mil) to Dec. 2023 ($4,750 Mil).

MGM China Holdings's annual market cap increased from Dec. 2021 ($2,014 Mil) to Dec. 2022 ($4,161 Mil) and increased from Dec. 2022 ($4,161 Mil) to Dec. 2023 ($4,750 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MGM China Holdings's Enterprise Value for Today is $9,146 Mil.


MGM China Holdings Market Cap Historical Data

The historical data trend for MGM China Holdings's Market Cap 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 Market Cap Chart

MGM China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,384.00 6,402.24 2,014.00 4,161.00 4,750.00

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
Market Cap 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 2,014.00 2,084.30 4,161.00 4,493.50 4,750.00

Competitive Comparison of MGM China Holdings's Market Cap

For the Resorts & Casinos subindustry, MGM China Holdings's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's Market Cap falls into.



MGM China Holdings Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MGM China Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$1.25*3800
=$4,750

MGM China Holdings's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$1.25*3800
=$4,750

* 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) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


MGM China Holdings Market Cap Related Terms

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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

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