Red Retained Earnings vs Short Long Term 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 Retained Earnings 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.
Retained Earnings vs Short Long Term Debt
Retained Earnings 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 Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Red Rock's Retained Earnings and Short Long Term Debt is -0.4. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., Red Rock's Retained Earnings and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 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 Expense | 103.2M | 129.9M | 181.0M | 117.7M | Depreciation And Amortization | 157.8M | 164.2M | 132.5M | 179.6M |
Red Rock fundamental ratios Correlations
Click cells to compare fundamentals
Red Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.