MGM Resorts International (MGM) Interest Coverage Ratio: 2.39x
The interest coverage ratio for MGM Resorts International (MGM) is 2.39x as of Tuesday, June 23, 2026.
MGM Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
2.39x
MGM Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MGM Resorts International (MGM) | $11.91B | 2.39x | N/A | N/A | N/A |
| NIO Inc. (NIO)vs › | $11.90B | -16.69x | N/A | N/A | N/A |
| Lululemon Athletica Inc. (LULU)vs › | $11.97B | N/A | N/A | N/A | N/A |
| Avery Dennison Corporation (AVY)vs › | $12.05B | 8.15x | 8.15x | 9.64x | 10.98x |
| Hasbro, Inc. (HAS)vs › | $11.72B | 6.47x | 5.25x | 5.25x | 4.28x |
| Wayfair Inc. (W)vs › | $11.22B | 0.20x | 0.20x | 0.20x | 1.34x |
| DraftKings Inc. (DKNG)vs › | $12.73B | -0.79x | N/A | N/A | N/A |
| Wynn Resorts, Limited (WYNN)vs › | $10.75B | 1.85x | 1.75x | 1.54x | 1.54x |
| Aptiv PLC (APTV)vs › | $13.08B | 3.28x | 4.70x | 5.35x | 5.83x |
| Domino's Pizza, Inc. (DPZ)vs › | $9.82B | 4.87x | 4.68x | 4.35x | 4.28x |
Financial Health Indicators
Interest Coverage
2.4x
Debt/Equity
23.11
Current Ratio
1.23
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
MGM Resorts International Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MGM Resorts International Interest Coverage Ratio FAQ
- What is the interest coverage ratio for MGM Resorts International (MGM)?
- The interest coverage ratio for MGM stock is 2.39x.
About MGM Resorts International
MGM Resorts International, through its various divisions, manages and possesses casino, lodging, and entertainment complexes across the United States and Macau. The company's operations are segmented into three main areas: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its resort properties offer a comprehensive suite of amenities including gaming facilities, accommodation, convention spaces, dining options, entertainment venues, retail outlets, and more. Beyond traditional slots and table games, its casino activities also encompass online sports wagering and iGaming through its BetMGM platform. As of February 17, 2021, its extensive portfolio comprised 29 distinct hotel and gaming destinations. Notable assets include its properties on the Las Vegas Strip and the Fallen Oak golf course. The company caters to a diverse clientele, including high-stakes gamblers, vacationers, wholesale travel groups, business travelers, and organizational clients such as conventions, trade groups, and small conferences. Originally known as MGM MIRAGE, the firm rebranded to MGM Resorts International in June 2010. Established in 1986, MGM Resorts International is headquartered in Las Vegas, Nevada.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- William Joseph Hornbuckle