Red Net Receivables from 2010 to 2024

RRR Stock  USD 51.25  1.50  3.02%   
Red Rock Net Receivables yearly trend continues to be relatively stable with very little volatility. Net Receivables is likely to drop to about 51.7 M. During the period from 2010 to 2024, Red Rock Net Receivables destribution of quarterly values had range of 41.2 M from its regression line and mean deviation of  7,174,539. View All Fundamentals
 
Net Receivables  
First Reported
2014-12-31
Previous Quarter
76.4 M
Current Value
70.8 M
Quarterly Volatility
11.7 M
 
Yuan Drop
 
Covid
Check Red Rock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.6 M, Interest Expense of 117.7 M or Selling General Administrative of 367.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.018 or PTB Ratio of 11.7. Red financial statements analysis is a perfect complement when working with Red Rock Valuation or Volatility modules.
  
This module can also supplement Red Rock's financial leverage analysis and stock options assessment as well as various Red Rock Technical models . Check out the analysis of Red Rock Correlation against competitors.

Latest Red Rock's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Red Rock Resorts over the last few years. It is Red Rock's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Rock's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Red Net Receivables Regression Statistics

Arithmetic Mean47,090,893
Geometric Mean46,118,204
Coefficient Of Variation22.30
Mean Deviation7,174,539
Median45,846,000
Standard Deviation10,501,807
Sample Variance110.3T
Range41.2M
R-Value0.33
Mean Square Error105.8T
R-Squared0.11
Significance0.23
Slope777,521
Total Sum of Squares1544T

Red Net Receivables History

202451.7 M
202376.4 M
202243.6 M
202136.7 M
202035.1 M
201956.7 M
201851.4 M

About Red Rock Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Red Rock income statement, its balance sheet, and the statement of cash flows. Red Rock investors use historical funamental indicators, such as Red Rock's Net Receivables, to determine how well the company is positioned to perform in the future. Although Red Rock investors may use each financial statement separately, they are all related. The changes in Red Rock's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Red Rock's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Red Rock Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Red Rock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables76.4 M51.7 M

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When determining whether Red Rock Resorts is a strong investment it is important to analyze Red Rock's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Red Rock's future performance. For an informed investment choice regarding Red Stock, refer to the following important reports:
Check out the analysis of Red Rock Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Red Rock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Rock. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Rock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
1
Earnings Share
2.81
Revenue Per Share
30.595
Quarterly Revenue Growth
0.127
The market value of Red Rock Resorts is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Rock's value that differs from its market value or its book value, called intrinsic value, which is Red Rock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Rock's market value can be influenced by many factors that don't directly affect Red Rock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Rock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Rock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Rock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.