2.Common size Analysis
3.Comparative Analysis
4.Ratio Analysis
5.Recommendation
1) Tourism is very vulnerable to economic situation
2) Tourism is the last thing for consumers to spend money on
MGM Grand sold the Treasure island to Ruffin Acquisition LLC, MGM got 6 hundreds million cash and 1hundred 75 million Guarantee Bond. SO we can see the property and equipments had been decreased in 2009.
In 2009, all worlds were significantly affected by global financial risk. With depreciation of euro, MGM had got the more long term debts. The proportion of 2009 is increased.
During the 2008 from 2007, MGM suffers low profit from Casino, Room, and Convention, the debt increased by almost 80%. That lead MGM to refrain from investing and selling property to solve the liabilities problem.

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