Red Return On Equity from 2010 to 2024
RRR Stock | USD 51.25 1.50 3.02% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 1.04243688 | Current Value 1.19 | Quarterly Volatility 2.65472891 |
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.
Red | Return On Equity |
Latest Red Rock's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Red Rock Resorts over the last few years. Return on Equity is the amount of Red Rock Resorts net income returned as a percentage of Red Rock equity. Return on equity measures Red Rock profitability by revealing how much profit Red Rock Resorts generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Red Rock's Return On Equity 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.
View | Last Reported 2.37 | 10 Years Trend |
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Return On Equity |
Timeline |
Red Return On Equity Regression Statistics
Arithmetic Mean | 1.14 | |
Geometric Mean | 0.33 | |
Coefficient Of Variation | 232.96 | |
Mean Deviation | 1.69 | |
Median | 0.16 | |
Standard Deviation | 2.65 | |
Sample Variance | 7.05 | |
Range | 9.4104 | |
R-Value | 0.50 | |
Mean Square Error | 5.66 | |
R-Squared | 0.25 | |
Significance | 0.06 | |
Slope | 0.30 | |
Total Sum of Squares | 98.67 |
Red Return On Equity History
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 Return On Equity, 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 Reported | Projected for Next Year | ||
Return On Equity | 1.04 | 1.19 |
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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.