Red Rock Resorts Stock Total Debt
| RRR Stock | USD 50.09 0.23 0.46% |
Red Rock Resorts fundamentals help investors to digest information that contributes to Red Rock's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Rock's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Red Rock stock.
As of 11/29/2024, Total Debt To Capitalization is likely to drop to 0.70. Red | Total Debt |
Red Rock Resorts Company Total Debt Analysis
Red Rock's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Red Rock Total Debt | 3.33 B |
Most of Red Rock's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Red Rock Resorts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Red Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Red Rock is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Total Debt. Since Red Rock's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Red Rock's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Red Rock's interrelated accounts and indicators.
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Red Total Debt Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Red Rock total debt as a starting point in their analysis.
Red Rock Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Red Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Red Rock Resorts has a Total Debt of 3.33 B. This is 13.58% lower than that of the Hotels, Restaurants & Leisure sector and 31.36% lower than that of the Consumer Discretionary industry. The total debt for all United States stocks is 37.3% higher than that of the company.
Red Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Rock's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Red Rock could also be used in its relative valuation, which is a method of valuing Red Rock by comparing valuation metrics of similar companies.Red Rock is currently under evaluation in total debt category among its peers.
Red Rock ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Red Rock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Red Rock's managers, analysts, and investors.Environmental | Governance | Social |
Red Rock Institutional Holders
Institutional Holdings refers to the ownership stake in Red Rock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Red Rock's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Red Rock's value.| Shares | State Street Corp | 2024-06-30 | 1.1 M | Franklin Resources Inc | 2024-09-30 | 958.2 K | Macquarie Group Ltd | 2024-06-30 | 806.9 K | Amvescap Plc. | 2024-06-30 | 616.5 K | Long Pond Capital, Lp | 2024-09-30 | 607.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 577.1 K | Northern Trust Corp | 2024-09-30 | 527.7 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 490.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 487.7 K | Bamco Inc | 2024-09-30 | 10.6 M | Vanguard Group Inc | 2024-09-30 | 5.1 M |
Red Fundamentals
| Return On Equity | 1.57 | ||||
| Return On Asset | 0.0935 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 6.3 B | ||||
| Shares Outstanding | 59.63 M | ||||
| Shares Owned By Insiders | 7.50 % | ||||
| Shares Owned By Institutions | 86.00 % | ||||
| Number Of Shares Shorted | 2.85 M | ||||
| Price To Earning | 12.21 X | ||||
| Price To Book | 16.94 X | ||||
| Price To Sales | 2.68 X | ||||
| Revenue | 1.72 B | ||||
| Gross Profit | 1.08 B | ||||
| EBITDA | 694.32 M | ||||
| Net Income | 176 M | ||||
| Cash And Equivalents | 256.27 M | ||||
| Cash Per Share | 4.42 X | ||||
| Total Debt | 3.33 B | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 2.97 X | ||||
| Cash Flow From Operations | 494.34 M | ||||
| Short Ratio | 4.08 X | ||||
| Earnings Per Share | 2.72 X | ||||
| Price To Earnings To Growth | 9.37 X | ||||
| Target Price | 58.79 | ||||
| Number Of Employees | 9.38 K | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 5.11 B | ||||
| Total Asset | 3.95 B | ||||
| Retained Earnings | 160.9 M | ||||
| Working Capital | (66.93 M) | ||||
| Current Asset | 211.85 M | ||||
| Current Liabilities | 258.92 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 3.95 B | ||||
| Last Dividend Paid | 1.0 |
About Red Rock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Rock Resorts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Rock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Rock Resorts based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Red Rock
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.Moving against Red Stock
| 0.75 | EVRI | Everi Holdings | PairCorr |
| 0.74 | RSI | Rush Street Interactive | PairCorr |
| 0.66 | EXPE | Expedia Group | PairCorr |
| 0.66 | AGS | PlayAGS | PairCorr |
| 0.66 | CMG | Chipotle Mexican Grill Aggressive Push | PairCorr |
The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.
The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.