Red Rock Financials

RRR Stock  USD 50.09  0.23  0.46%   
Based on the analysis of Red Rock's profitability, liquidity, and operating efficiency, Red Rock Resorts is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, Red Rock's Short Term Debt is relatively stable compared to the past year. As of 11/29/2024, Intangible Assets is likely to grow to about 99.1 M, while Total Assets are likely to drop slightly above 3.8 B. Key indicators impacting Red Rock's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio13.119.7097
Way Down
Slightly volatile
Operating Income366.6 M558.7 M
Way Down
Slightly volatile
Current Ratio0.860.8084
Notably Up
Pretty Stable
The essential information of the day-to-day investment outlook for Red Rock includes many different criteria found on its balance sheet. An individual investor should monitor Red Rock's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Red Rock.

Net Income

108.98 Million

  
Understanding current and past Red Rock Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Red Rock's financial statements are interrelated, with each one affecting the others. For example, an increase in Red Rock's assets may result in an increase in income on the income statement.

Red Rock Stock Summary

Red Rock competes with Golden Entertainment, Century Casinos, Studio City, Ballys Corp, and Monarch Casino. Red Rock Resorts, Inc., through its interest in Station Holdco and Station LLC, develops and operates casino and entertainment properties in the United States. Red Rock Resorts, Inc. was incorporated in 1976 and is based in Las Vegas, Nevada. Red Rock operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 7800 people.
Foreign Associate
  UK
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS75700L1089
CUSIP75700L108
LocationNevada; U.S.A
Business Address1505 South Pavilion
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.redrockresorts.com
Phone702 495 3000
CurrencyUSD - US Dollar

Red Rock Key Financial Ratios

Red Rock Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.1B3.7B3.1B3.3B4.0B3.8B
Other Current Liab182.2M115.7M107.9M200.5M291.6M149.3M
Net Debt2.9B2.8B2.6B2.9B3.2B2.8B
Accounts Payable34.0M11.2M17.5M11.4M25.4M17.9M
Cash128.8M121.2M275.3M117.3M137.6M163.3M
Net Receivables56.7M35.1M36.7M43.6M76.4M51.7M
Inventory17.8M13.1M11.7M13.2M15.3M14.0M
Other Current Assets17.6M88.9M105.4M46.9M53.1M40.2M
Total Liab3.3B3.1B3.1B3.3B3.7B3.3B
Total Current Assets281.6M249.0M429.1M221.0M282.3M294.9M
Short Term Debt37.6M25.8M28.9M30.9M32.2M37.6M
Intangible Assets108.5M100.8M87.2M84.4M82.8M99.1M
Common Stock706K713K615K581K590K560.5K
Other Liab40.4M44.9M36.0M31.9M28.7M27.3M
Net Tangible Assets196.5M56.1M63.3M(236.3M)(212.6M)(202.0M)
Other Assets444.6M336.5M391.5M618.9M711.7M381.4M
Long Term Debt3.0B2.9B2.8B3.0B3.3B3.0B
Short Long Term Debt34.0M22.8M25.9M26.1M26.1M33.8M
Retained Earnings124.4M(33.1M)3.9M43.2M160.9M168.9M
Long Term Debt Total3.0B2.9B2.8B3.0B3.4B3.0B

Red Rock Key Income Statement Accounts

The reason investors look at the income statement is to determine what Red Rock's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense156.7M128.5M103.2M129.9M181.0M117.7M
Total Revenue1.9B1.2B1.6B1.7B1.7B1.6B
Gross Profit906.6M681.1M1.1B1.1B1.1B936.1M
Operating Income269.7M125.9M561.4M561.3M558.7M366.6M
Ebit269.7M69.4M560.5M593.7M561.8M405.3M
Ebitda491.9M300.8M718.3M722.0M694.3M581.6M
Cost Of Revenue949.9M501.3M552.5M588.7M626.4M706.9M
Income Before Tax(8.5M)(60.5M)285.5M434.9M380.8M399.8M
Net Income(6.7M)(174.5M)354.8M390.4M176.0M109.0M
Income Tax Expense(1.7M)114.1M(69.3M)44.5M43.0M70.4M
Minority Interest281.9M(24.1M)(113.0M)(184.9M)(161.8M)(153.7M)
Tax Provision(1.7M)114.1M(69.3M)44.5M43.0M29.7M
Net Interest Income(156.7M)(128.5M)(103.2M)(129.9M)(181.0M)(190.1M)

Red Rock Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(397K)10.3M(14.4M)(6.3M)(8.0M)(7.6M)
Change In Cash14.7M(7.2M)181.6M(190.0M)20.3M21.3M
Free Cash Flow(94.0M)154.3M544.0M(19.1M)(207.3M)(196.9M)
Depreciation222.2M231.4M157.8M128.4M132.5M176.3M
Other Non Cash Items61.6M48.4M176.8M5.0M130.3M136.8M
Dividends Paid27.9M7.3M203.8M116.7M58.6M86.1M
Capital Expenditures410.6M58.5M65.9M561.3M701.6M736.7M
Net Income(6.7M)(174.5M)354.8M390.4M176.0M121.5M
End Period Cash Flow132.9M125.7M307.3M117.3M137.6M166.1M
Investments11.5M(13.1M)(13.5M)(442.1M)(592.8M)(563.2M)
Net Borrowings143.8M(138.8M)(68.4M)124.7M112.2M59.4M
Change To Netincome17.3M135.5M129.9M109.5M125.9M76.8M
Change Receivables(1.1M)16.4M(1.3M)(4.2M)(4.8M)(4.6M)

Red Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Red Rock's current stock value. Our valuation model uses many indicators to compare Red Rock value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Rock competition to find correlations between indicators driving Red Rock's intrinsic value. More Info.
Red Rock Resorts is currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Red Rock Resorts is roughly  16.82 . At this time, Red Rock's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Red Rock by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Red Rock Resorts Systematic Risk

Red Rock's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Red Rock volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Red Rock Resorts correlated with the market. If Beta is less than 0 Red Rock generally moves in the opposite direction as compared to the market. If Red Rock Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Red Rock Resorts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Red Rock is generally in the same direction as the market. If Beta > 1 Red Rock moves generally in the same direction as, but more than the movement of the benchmark.

Red Rock Thematic Clasifications

Red Rock Resorts is part of Restaraunts Hotels Motels investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Restaraunts Hotels Motels industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Restaraunts Hotels MotelsView
This theme covers USA Equities from Restaraunts Hotels Motels industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Red Rock Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Red Rock's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Red Rock growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.81)

At this time, Red Rock's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Red Rock November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Red Rock help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Red Rock Resorts. We use our internally-developed statistical techniques to arrive at the intrinsic value of Red Rock Resorts based on widely used predictive technical indicators. In general, we focus on analyzing Red Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Rock's daily price indicators and compare them against related drivers.

Additional Tools for Red Stock Analysis

When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.