Red Property Plant Equipment vs Short Long Term Debt Analysis

RRR Stock

USD 50.42 0.59 1.16%

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 Property Plant Equipment and its Short Long Term 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.

Property Plant Equipment vs Short Long Term Debt

Property Plant Equipment vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Red Rock Resorts Property Plant Equipment account and Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Red Rock's Property Plant Equipment and Short Long Term Debt is -0.68. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Long Term 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 Property Plant Equipment and Short Long Term 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 Property Plant Equipment of Red Rock Resorts are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Red Rock's Property Plant Equipment and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Property Plant Equipment

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

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 06/05/2024, 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 Expense	103.2M	129.9M	181.0M	117.7M
Depreciation And Amortization	157.8M	164.2M	132.5M	179.6M

Interest Expense Depreciation And Amortization

Red Rock fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.56	0.78	0.82	0.43	-0.72	0.48	-0.77	0.73	-0.12	0.51	0.47	0.67	0.51	0.29	-0.21	-0.77	0.78	0.64	-0.15	-0.45	0.78	0.74	0.7	-0.82	-0.81
Total Assets	0.56		0.81	0.83	0.59	-0.35	0.97	-0.77	0.83	0.34	-0.05	0.99	0.39	-0.05	0.65	-0.41	-0.79	0.83	0.92	-0.37	-0.12	0.84	0.66	0.31	-0.76	-0.66
Short Long Term Debt Total	0.78	0.81		0.91	0.57	-0.76	0.79	-0.84	0.99	0.02	0.17	0.76	0.57	0.17	0.57	-0.46	-0.86	0.98	0.88	-0.47	-0.54	0.99	0.96	0.5	-0.87	-0.93
Other Current Liab	0.82	0.83	0.91		0.64	-0.74	0.77	-0.93	0.91	0.14	0.14	0.79	0.58	0.14	0.56	-0.3	-0.93	0.94	0.86	-0.28	-0.4	0.96	0.86	0.46	-0.9	-0.87
Total Current Liabilities	0.43	0.59	0.57	0.64		-0.25	0.63	-0.32	0.61	0.37	-0.34	0.62	0.16	-0.34	0.72	-0.45	-0.38	0.52	0.61	-0.5	-0.32	0.59	0.64	-0.08	-0.27	-0.43
Total Stockholder Equity	-0.72	-0.35	-0.76	-0.74	-0.25		-0.27	0.78	-0.72	0.21	-0.44	-0.27	-0.53	-0.44	-0.2	0.3	0.79	-0.79	-0.52	0.3	0.68	-0.78	-0.8	-0.6	0.76	0.88
Property Plant And Equipment Net	0.48	0.97	0.79	0.77	0.63	-0.27		-0.67	0.82	0.29	-0.24	0.99	0.26	-0.24	0.62	-0.39	-0.69	0.78	0.89	-0.38	-0.06	0.8	0.66	0.13	-0.66	-0.62
Current Deferred Revenue	-0.77	-0.77	-0.84	-0.93	-0.32	0.78	-0.67		-0.81	-0.1	-0.33	-0.71	-0.58	-0.33	-0.35	0.21	0.99	-0.92	-0.81	0.15	0.31	-0.9	-0.73	-0.62	0.96	0.87
Net Debt	0.73	0.83	0.99	0.91	0.61	-0.72	0.82	-0.81		0.04	0.06	0.8	0.52	0.06	0.59	-0.46	-0.83	0.97	0.89	-0.48	-0.51	0.98	0.96	0.41	-0.84	-0.9
Accounts Payable	-0.12	0.34	0.02	0.14	0.37	0.21	0.29	-0.1	0.04		-0.13	0.35	-0.22	-0.13	0.42	0.05	-0.13	0.06	0.39	-0.03	0.4	0.1	-0.02	0.02	0.09	0.04
Cash	0.51	-0.05	0.17	0.14	-0.34	-0.44	-0.24	-0.33	0.06	-0.13		-0.19	0.43	1.0	-0.09	-0.07	-0.32	0.22	0.01	-0.01	-0.31	0.17	0.12	0.91	-0.38	-0.29
Non Current Assets Total	0.47	0.99	0.76	0.79	0.62	-0.27	0.99	-0.71	0.8	0.35	-0.19		0.31	-0.19	0.65	-0.4	-0.72	0.78	0.89	-0.36	-0.07	0.8	0.63	0.17	-0.69	-0.59
Non Currrent Assets Other	0.67	0.39	0.57	0.58	0.16	-0.53	0.26	-0.58	0.52	-0.22	0.43	0.31		0.43	0.23	-0.06	-0.54	0.58	0.42	0.07	-0.59	0.57	0.53	0.57	-0.71	-0.5
Cash And Short Term Investments	0.51	-0.05	0.17	0.14	-0.34	-0.44	-0.24	-0.33	0.06	-0.13	1.0	-0.19	0.43		-0.09	-0.07	-0.32	0.22	0.01	-0.01	-0.31	0.17	0.12	0.91	-0.38	-0.29
Net Receivables	0.29	0.65	0.57	0.56	0.72	-0.2	0.62	-0.35	0.59	0.42	-0.09	0.65	0.23	-0.09		-0.47	-0.35	0.55	0.54	-0.63	-0.38	0.59	0.61	0.13	-0.36	-0.29
Good Will	-0.21	-0.41	-0.46	-0.3	-0.45	0.3	-0.39	0.21	-0.46	0.05	-0.07	-0.4	-0.06	-0.07	-0.47		0.3	-0.43	-0.33	0.92	0.59	-0.45	-0.47	-0.19	0.25	0.39
Common Stock Total Equity	-0.77	-0.79	-0.86	-0.93	-0.38	0.79	-0.69	0.99	-0.83	-0.13	-0.32	-0.72	-0.54	-0.32	-0.35	0.3		-0.93	-0.84	0.22	0.32	-0.91	-0.75	-0.61	0.93	0.9
Non Current Liabilities Total	0.78	0.83	0.98	0.94	0.52	-0.79	0.78	-0.92	0.97	0.06	0.22	0.78	0.58	0.22	0.55	-0.43	-0.93		0.88	-0.42	-0.51	1.0	0.92	0.54	-0.92	-0.93
Inventory	0.64	0.92	0.88	0.86	0.61	-0.52	0.89	-0.81	0.89	0.39	0.01	0.89	0.42	0.01	0.54	-0.33	-0.84	0.88		-0.29	-0.17	0.9	0.76	0.38	-0.75	-0.81
Other Current Assets	-0.15	-0.37	-0.47	-0.28	-0.5	0.3	-0.38	0.15	-0.48	-0.03	-0.01	-0.36	0.07	-0.01	-0.63	0.92	0.22	-0.42	-0.29		0.6	-0.45	-0.54	-0.12	0.18	0.34
Other Stockholder Equity	-0.45	-0.12	-0.54	-0.4	-0.32	0.68	-0.06	0.31	-0.51	0.4	-0.31	-0.07	-0.59	-0.31	-0.38	0.59	0.32	-0.51	-0.17	0.6		-0.51	-0.68	-0.36	0.43	0.49
Total Liab	0.78	0.84	0.99	0.96	0.59	-0.78	0.8	-0.9	0.98	0.1	0.17	0.8	0.57	0.17	0.59	-0.45	-0.91	1.0	0.9	-0.45	-0.51		0.94	0.51	-0.9	-0.92
Property Plant And Equipment Gross	0.74	0.66	0.96	0.86	0.64	-0.8	0.66	-0.73	0.96	-0.02	0.12	0.63	0.53	0.12	0.61	-0.47	-0.75	0.92	0.76	-0.54	-0.68	0.94		0.42	-0.76	-0.88
Total Current Assets	0.7	0.31	0.5	0.46	-0.08	-0.6	0.13	-0.62	0.41	0.02	0.91	0.17	0.57	0.91	0.13	-0.19	-0.61	0.54	0.38	-0.12	-0.36	0.51	0.42		-0.65	-0.58
Short Term Debt	-0.82	-0.76	-0.87	-0.9	-0.27	0.76	-0.66	0.96	-0.84	0.09	-0.38	-0.69	-0.71	-0.38	-0.36	0.25	0.93	-0.92	-0.75	0.18	0.43	-0.9	-0.76	-0.65		0.84
Intangible Assets	-0.81	-0.66	-0.93	-0.87	-0.43	0.88	-0.62	0.87	-0.9	0.04	-0.29	-0.59	-0.5	-0.29	-0.29	0.39	0.9	-0.93	-0.81	0.34	0.49	-0.92	-0.88	-0.58	0.84

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Red Rock Account Relationship Matchups

Red Rock fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	69.6M	70.5M	116.5M	104.7M	103.2M	81.3M
Total Assets	4.1B	3.7B	3.1B	3.3B	4.0B	3.8B
Short Long Term Debt Total	3.0B	2.9B	2.9B	3.0B	3.4B	3.0B
Other Current Liab	182.2M	151.4M	142.6M	232.7M	271.4M	157.5M
Total Current Liabilities	276.0M	200.3M	204.8M	293.2M	349.2M	288.1M
Total Stockholder Equity	500.7M	352.6M	59.5M	43.8M	168.8M	305.7M
Property Plant And Equipment Net	3.3B	3.1B	2.2B	2.6B	3.2B	3.0B
Current Deferred Revenue	22.2M	11.9M	15.9M	18.3M	20.2M	39.5M
Net Debt	2.9B	2.8B	2.6B	2.9B	3.3B	2.8B
Accounts Payable	34.0M	11.2M	17.5M	11.4M	25.4M	17.9M
Cash	128.8M	121.2M	275.3M	117.3M	137.6M	163.3M
Non Current Assets Total	3.8B	3.5B	2.7B	3.1B	3.7B	3.6B
Non Currrent Assets Other	106.1M	72.5M	127.3M	124.9M	81.7M	94.6M
Cash And Short Term Investments	128.8M	121.2M	275.3M	117.3M	137.6M	163.3M
Net Receivables	56.7M	35.1M	36.7M	43.6M	76.4M	51.7M
Common Stock Total Equity	706K	713K	615K	581K	522.9K	496.8K
Liabilities And Stockholders Equity	4.1B	3.7B	3.1B	3.3B	4.0B	3.8B
Non Current Liabilities Total	3.1B	2.9B	2.9B	3.0B	3.4B	3.0B
Inventory	17.8M	13.1M	11.7M	13.2M	15.3M	14.0M
Other Current Assets	17.6M	13.8M	20.4M	24.0M	(137.6M)	(130.7M)
Other Stockholder Equity	376.2M	385.6M	55.0M	0.0	7.3M	7.0M
Total Liab	3.3B	3.1B	3.1B	3.3B	3.7B	3.3B
Property Plant And Equipment Gross	3.3B	3.1B	3.4B	3.8B	4.5B	3.4B
Total Current Assets	281.6M	249.0M	429.1M	221.0M	282.3M	294.9M
Short Term Debt	37.6M	25.8M	28.9M	30.9M	32.2M	37.6M
Intangible Assets	108.5M	100.8M	87.2M	84.4M	82.8M	99.1M
Common Stock	706K	713K	615K	581K	590K	560.5K
Other Liab	40.4M	44.9M	36.0M	31.9M	28.7M	27.3M
Net Tangible Assets	196.5M	56.1M	63.3M	(236.3M)	(212.6M)	(202.0M)
Other Assets	444.6M	336.5M	391.5M	618.9M	711.7M	381.4M
Long Term Debt	3.0B	2.9B	2.8B	3.0B	3.3B	3.0B
Deferred Long Term Liab	18.7M	22.1M	34.1M	41.7M	47.9M	50.3M
Long Term Investments	8.9M	8.9M	8.2M	6.1M	5.5M	8.7M
Short Long Term Debt	34.0M	22.8M	25.9M	26.1M	26.1M	33.8M
Property Plant Equipment	3.1B	3.1B	2.2B	2.6B	3.0B	2.9B
Retained Earnings	124.4M	(33.1M)	3.9M	43.2M	160.9M	168.9M
Long Term Debt Total	3.0B	2.9B	2.8B	3.0B	3.4B	3.0B
Noncontrolling Interest In Consolidated Entity	281.9M	252.0M	(9.5M)	(11.5M)	(10.4M)	(9.9M)

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Red Property Plant Equipment vs Short Long Term Debt Analysis

Property Plant Equipment vs Short Long Term Debt

Property Plant Equipment vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Short Long Term Debt

Red Rock fundamental ratios Correlations

Red Rock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Red Rock fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Red Stock Analysis

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Intangible Assets	- 0.93	Non Current Liabilities Total
Non Current Liabilities Total	- 0.93	Common Stock Total Equity
Common Stock Total Equity	- 0.93	Other Current Liab
Current Deferred Revenue	- 0.93	Other Current Liab
Intangible Assets	- 0.93	Short Long Term Debt Total
Intangible Assets	- 0.92	Total Liab