Is it safe?
Can MGM take a bad year?
MGM Resorts carries $3.52B of net debt at 1.68× EBITDA: a load its earnings can carry.
$3.52B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.68×
Net debt / EBITDA · 1.83× a year ago · the load is coming down
- Altman Z-score
- 0.79
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.49×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $6.07B
- Cash and short-term investments
- $2.55B
- Net debt
- $3.52B
- EBITDA, trailing twelve months
- $2.10B
- Operating profit, trailing twelve months
- $1.02B
- Debt / equity
- 2.41×
- Total debt / EBITDA
- 2.89×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −80%
- Below its 52-week high
- −14%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Resorts & Casinos
Ranks #11 of 12 by Smart Score