Red Capital Stock vs Net Debt Analysis

RRR Stock  USD 51.25  1.50  3.02%   
Red Rock financial indicator trend analysis is much more than just breaking down Red Rock Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Red Rock Resorts is a good investment. Please check the relationship between Red Rock Capital Stock and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Rock Resorts Capital Stock account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Red Rock's Capital Stock and Net Debt is -0.57. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Red Rock Resorts, assuming nothing else is changed. The correlation between historical values of Red Rock's Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Red Rock Resorts are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., Red Rock's Capital Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Red Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Red Rock Resorts current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of 05/31/2024, Selling General Administrative is likely to grow to about 367.4 M, while Discontinued Operations is likely to drop (200.4 K).
 2021 2022 2023 2024 (projected)
Interest Expense103.2M129.9M181.0M117.7M
Depreciation And Amortization157.8M164.2M132.5M179.6M

Red Rock fundamental ratios Correlations

0.560.780.820.43-0.720.48-0.770.73-0.120.510.470.670.510.29-0.21-0.770.780.64-0.15-0.450.780.740.7-0.82-0.81
0.560.810.830.59-0.350.97-0.770.830.34-0.050.990.39-0.050.65-0.41-0.790.830.92-0.37-0.120.840.660.31-0.76-0.66
0.780.810.910.57-0.760.79-0.840.990.020.170.760.570.170.57-0.46-0.860.980.88-0.47-0.540.990.960.5-0.87-0.93
0.820.830.910.64-0.740.77-0.930.910.140.140.790.580.140.56-0.3-0.930.940.86-0.28-0.40.960.860.46-0.9-0.87
0.430.590.570.64-0.250.63-0.320.610.37-0.340.620.16-0.340.72-0.45-0.380.520.61-0.5-0.320.590.64-0.08-0.27-0.43
-0.72-0.35-0.76-0.74-0.25-0.270.78-0.720.21-0.44-0.27-0.53-0.44-0.20.30.79-0.79-0.520.30.68-0.78-0.8-0.60.760.88
0.480.970.790.770.63-0.27-0.670.820.29-0.240.990.26-0.240.62-0.39-0.690.780.89-0.38-0.060.80.660.13-0.66-0.62
-0.77-0.77-0.84-0.93-0.320.78-0.67-0.81-0.1-0.33-0.71-0.58-0.33-0.350.210.99-0.92-0.810.150.31-0.9-0.73-0.620.960.87
0.730.830.990.910.61-0.720.82-0.810.040.060.80.520.060.59-0.46-0.830.970.89-0.48-0.510.980.960.41-0.84-0.9
-0.120.340.020.140.370.210.29-0.10.04-0.130.35-0.22-0.130.420.05-0.130.060.39-0.030.40.1-0.020.020.090.04
0.51-0.050.170.14-0.34-0.44-0.24-0.330.06-0.13-0.190.431.0-0.09-0.07-0.320.220.01-0.01-0.310.170.120.91-0.38-0.29
0.470.990.760.790.62-0.270.99-0.710.80.35-0.190.31-0.190.65-0.4-0.720.780.89-0.36-0.070.80.630.17-0.69-0.59
0.670.390.570.580.16-0.530.26-0.580.52-0.220.430.310.430.23-0.06-0.540.580.420.07-0.590.570.530.57-0.71-0.5
0.51-0.050.170.14-0.34-0.44-0.24-0.330.06-0.131.0-0.190.43-0.09-0.07-0.320.220.01-0.01-0.310.170.120.91-0.38-0.29
0.290.650.570.560.72-0.20.62-0.350.590.42-0.090.650.23-0.09-0.47-0.350.550.54-0.63-0.380.590.610.13-0.36-0.29
-0.21-0.41-0.46-0.3-0.450.3-0.390.21-0.460.05-0.07-0.4-0.06-0.07-0.470.3-0.43-0.330.920.59-0.45-0.47-0.190.250.39
-0.77-0.79-0.86-0.93-0.380.79-0.690.99-0.83-0.13-0.32-0.72-0.54-0.32-0.350.3-0.93-0.840.220.32-0.91-0.75-0.610.930.9
0.780.830.980.940.52-0.790.78-0.920.970.060.220.780.580.220.55-0.43-0.930.88-0.42-0.511.00.920.54-0.92-0.93
0.640.920.880.860.61-0.520.89-0.810.890.390.010.890.420.010.54-0.33-0.840.88-0.29-0.170.90.760.38-0.75-0.81
-0.15-0.37-0.47-0.28-0.50.3-0.380.15-0.48-0.03-0.01-0.360.07-0.01-0.630.920.22-0.42-0.290.6-0.45-0.54-0.120.180.34
-0.45-0.12-0.54-0.4-0.320.68-0.060.31-0.510.4-0.31-0.07-0.59-0.31-0.380.590.32-0.51-0.170.6-0.51-0.68-0.360.430.49
0.780.840.990.960.59-0.780.8-0.90.980.10.170.80.570.170.59-0.45-0.911.00.9-0.45-0.510.940.51-0.9-0.92
0.740.660.960.860.64-0.80.66-0.730.96-0.020.120.630.530.120.61-0.47-0.750.920.76-0.54-0.680.940.42-0.76-0.88
0.70.310.50.46-0.08-0.60.13-0.620.410.020.910.170.570.910.13-0.19-0.610.540.38-0.12-0.360.510.42-0.65-0.58
-0.82-0.76-0.87-0.9-0.270.76-0.660.96-0.840.09-0.38-0.69-0.71-0.38-0.360.250.93-0.92-0.750.180.43-0.9-0.76-0.650.84
-0.81-0.66-0.93-0.87-0.430.88-0.620.87-0.90.04-0.29-0.59-0.5-0.29-0.290.390.9-0.93-0.810.340.49-0.92-0.88-0.580.84
Click cells to compare fundamentals

Red Rock Account Relationship Matchups

Red Rock fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding69.6M70.5M116.5M104.7M103.2M81.3M
Total Assets4.1B3.7B3.1B3.3B4.0B3.8B
Short Long Term Debt Total3.0B2.9B2.9B3.0B3.4B3.0B
Other Current Liab182.2M151.4M142.6M232.7M271.4M157.5M
Total Current Liabilities276.0M200.3M204.8M293.2M349.2M288.1M
Total Stockholder Equity500.7M352.6M59.5M43.8M168.8M305.7M
Property Plant And Equipment Net3.3B3.1B2.2B2.6B3.2B3.0B
Current Deferred Revenue22.2M11.9M15.9M18.3M20.2M39.5M
Net Debt2.9B2.8B2.6B2.9B3.3B2.8B
Accounts Payable34.0M11.2M17.5M11.4M25.4M17.9M
Cash128.8M121.2M275.3M117.3M137.6M163.3M
Non Current Assets Total3.8B3.5B2.7B3.1B3.7B3.6B
Non Currrent Assets Other106.1M72.5M127.3M124.9M81.7M94.6M
Cash And Short Term Investments128.8M121.2M275.3M117.3M137.6M163.3M
Net Receivables56.7M35.1M36.7M43.6M76.4M51.7M
Common Stock Total Equity706K713K615K581K522.9K496.8K
Liabilities And Stockholders Equity4.1B3.7B3.1B3.3B4.0B3.8B
Non Current Liabilities Total3.1B2.9B2.9B3.0B3.4B3.0B
Inventory17.8M13.1M11.7M13.2M15.3M14.0M
Other Current Assets17.6M13.8M20.4M24.0M(137.6M)(130.7M)
Other Stockholder Equity376.2M385.6M55.0M0.07.3M7.0M
Total Liab3.3B3.1B3.1B3.3B3.7B3.3B
Property Plant And Equipment Gross3.3B3.1B3.4B3.8B4.5B3.4B
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
Deferred Long Term Liab18.7M22.1M34.1M41.7M47.9M50.3M
Long Term Investments8.9M8.9M8.2M6.1M5.5M8.7M
Short Long Term Debt34.0M22.8M25.9M26.1M26.1M33.8M
Property Plant Equipment3.1B3.1B2.2B2.6B3.0B2.9B
Retained Earnings124.4M(33.1M)3.9M43.2M160.9M168.9M
Long Term Debt Total3.0B2.9B2.8B3.0B3.4B3.0B
Noncontrolling Interest In Consolidated Entity281.9M252.0M(9.5M)(11.5M)(10.4M)(9.9M)

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Rock Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.