Red Total Assets from 2010 to 2024

RRR Stock

USD 50.49 0.36 0.71%

Red Rock Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 3.8 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2014-12-31

Previous Quarter

4 B

Current Value

4 B

Quarterly Volatility

442.1 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 Rock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 176.3 M, Interest Expense of 117.7 M or Selling General Administrative of 367.4 M, as well as many 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.

Check out the analysis of Red Rock Correlation against competitors.

Latest Red Rock's Total Assets Growth Pattern

Below is the plot of the Total Assets of Red Rock Resorts over the last few years. Total assets refers to the total amount of Red Rock assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Red Rock Resorts books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Red Rock's Total Assets 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.

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Last Reported 3.95 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Red Total Assets Regression Statistics

	Arithmetic Mean	3,441,316,567
	Geometric Mean	3,418,894,962
	Coefficient Of Variation	11.93
	Mean Deviation	362,985,004
	Median	3,345,750,000
	Standard Deviation	410,550,777
	Sample Variance	168551.9T
	Range	1.2B
	R-Value	0.66
	Mean Square Error	103393.4T
	R-Squared	0.43
	Significance	0.01
	Slope	60,226,152
	Total Sum of Squares	2359727.2T

Red Total Assets History

	2024	3.8 B
	2023	4 B
	2022	3.3 B
	2021	3.1 B
	2020	3.7 B
	2019	4.1 B
	2018	4 B

Other Fundumenentals of Red Rock Resorts

Intangibles To Total Assets

Red Rock Total Assets component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt	Short Term Investments	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Retained Earnings	Long Term Debt Total	Total Permanent Equity	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.35	-0.77	0.83	0.34	0.65	-0.41	0.84	0.31	-0.76	-0.66	-0.79	-0.46	0.82	0.74	0.49	-0.69	-0.77	0.93	0.73	0.81	0.49	-0.1	0.87	-0.69	-0.24
Total Stockholder Equity	-0.35		0.78	-0.72	0.21	-0.2	0.3	-0.78	-0.6	0.76	0.88	0.79	0.86	-0.78	-0.69	-0.84	0.88	0.82	-0.29	-0.19	-0.78	-0.42	0.78	-0.19	0.26	0.7
Current Deferred Revenue	-0.77	0.78		-0.82	-0.1	-0.35	0.21	-0.9	-0.62	0.96	0.87	0.99	0.67	-0.88	-0.76	-0.63	0.93	0.98	-0.65	-0.37	-0.86	-0.31	0.35	-0.47	0.4	0.37
Net Debt	0.83	-0.72	-0.82		0.03	0.57	-0.45	0.98	0.41	-0.84	-0.91	-0.84	-0.73	0.99	0.94	0.81	-0.88	-0.88	0.84	0.64	0.99	0.62	-0.53	0.76	-0.7	-0.57
Accounts Payable	0.34	0.21	-0.1	0.03		0.42	0.05	0.1	0.02	0.09	0.04	-0.13	0.21	0.03	-0.13	-0.22	-0.05	0.01	0.16	0.41	0.04	0.07	0.3	0.3	-0.05	0.28
Net Receivables	0.65	-0.2	-0.35	0.57	0.42		-0.47	0.59	0.13	-0.36	-0.29	-0.35	-0.42	0.52	0.37	0.43	-0.33	-0.34	0.53	0.75	0.55	0.74	-0.29	0.64	-0.57	-0.32
Good Will	-0.41	0.3	0.21	-0.45	0.05	-0.47		-0.45	-0.19	0.25	0.39	0.3	0.63	-0.45	-0.49	-0.73	0.32	0.29	-0.4	-0.67	-0.47	-0.84	0.62	-0.65	0.51	0.79
Total Liab	0.84	-0.78	-0.9	0.98	0.1	0.59	-0.45		0.51	-0.9	-0.92	-0.91	-0.77	0.99	0.9	0.82	-0.92	-0.93	0.79	0.63	0.99	0.62	-0.54	0.71	-0.65	-0.58
Total Current Assets	0.31	-0.6	-0.62	0.41	0.02	0.13	-0.19	0.51		-0.65	-0.58	-0.61	-0.31	0.53	0.52	0.45	-0.6	-0.64	0.08	0.15	0.52	0.21	-0.43	0.12	0.22	-0.35
Short Term Debt	-0.76	0.76	0.96	-0.84	0.09	-0.36	0.25	-0.9	-0.65		0.84	0.93	0.66	-0.89	-0.83	-0.66	0.87	0.97	-0.65	-0.36	-0.88	-0.34	0.4	-0.48	0.41	0.42
Intangible Assets	-0.66	0.88	0.87	-0.91	0.04	-0.29	0.39	-0.92	-0.58	0.84		0.9	0.77	-0.95	-0.9	-0.84	0.97	0.93	-0.64	-0.46	-0.94	-0.49	0.62	-0.55	0.5	0.62
Common Stock	-0.79	0.79	0.99	-0.84	-0.13	-0.35	0.3	-0.91	-0.61	0.93	0.9		0.71	-0.9	-0.79	-0.68	0.96	0.98	-0.66	-0.44	-0.88	-0.36	0.4	-0.53	0.45	0.44
Net Tangible Assets	-0.46	0.86	0.67	-0.73	0.21	-0.42	0.63	-0.77	-0.31	0.66	0.77	0.71		-0.75	-0.65	-0.92	0.76	0.72	-0.44	-0.41	-0.76	-0.68	0.79	-0.4	0.56	0.83
Long Term Debt	0.82	-0.78	-0.88	0.99	0.03	0.52	-0.45	0.99	0.53	-0.89	-0.95	-0.9	-0.75		0.95	0.83	-0.92	-0.93	0.79	0.61	1.0	0.6	-0.56	0.72	-0.63	-0.59
Short Term Investments	0.74	-0.69	-0.76	0.94	-0.13	0.37	-0.49	0.9	0.52	-0.83	-0.9	-0.79	-0.65	0.95		0.82	-0.82	-0.85	0.77	0.61	0.94	0.55	-0.57	0.72	-0.62	-0.63
Deferred Long Term Liab	0.49	-0.84	-0.63	0.81	-0.22	0.43	-0.73	0.82	0.45	-0.66	-0.84	-0.68	-0.92	0.83	0.82		-0.77	-0.72	0.49	0.56	0.84	0.77	-0.9	0.54	-0.57	-0.93
Long Term Investments	-0.69	0.88	0.93	-0.88	-0.05	-0.33	0.32	-0.92	-0.6	0.87	0.97	0.96	0.76	-0.92	-0.82	-0.77		0.95	-0.62	-0.43	-0.91	-0.44	0.53	-0.5	0.46	0.53
Short Long Term Debt	-0.77	0.82	0.98	-0.88	0.01	-0.34	0.29	-0.93	-0.64	0.97	0.93	0.98	0.72	-0.93	-0.85	-0.72	0.95		-0.68	-0.4	-0.92	-0.39	0.45	-0.52	0.45	0.47
Property Plant Equipment	0.93	-0.29	-0.65	0.84	0.16	0.53	-0.4	0.79	0.08	-0.65	-0.64	-0.66	-0.44	0.79	0.77	0.49	-0.62	-0.68		0.65	0.79	0.5	-0.08	0.9	-0.79	-0.22
Retained Earnings	0.73	-0.19	-0.37	0.64	0.41	0.75	-0.67	0.63	0.15	-0.36	-0.46	-0.44	-0.41	0.61	0.61	0.56	-0.43	-0.4	0.65		0.62	0.7	-0.38	0.85	-0.77	-0.52
Long Term Debt Total	0.81	-0.78	-0.86	0.99	0.04	0.55	-0.47	0.99	0.52	-0.88	-0.94	-0.88	-0.76	1.0	0.94	0.84	-0.91	-0.92	0.79	0.62		0.63	-0.57	0.72	-0.63	-0.59
Total Permanent Equity	0.49	-0.42	-0.31	0.62	0.07	0.74	-0.84	0.62	0.21	-0.34	-0.49	-0.36	-0.68	0.6	0.55	0.77	-0.44	-0.39	0.5	0.7	0.63		-0.65	0.67	-0.56	-0.71
Capital Surpluse	-0.1	0.78	0.35	-0.53	0.3	-0.29	0.62	-0.54	-0.43	0.4	0.62	0.4	0.79	-0.56	-0.57	-0.9	0.53	0.45	-0.08	-0.38	-0.57	-0.65		-0.21	0.3	0.95
Net Invested Capital	0.87	-0.19	-0.47	0.76	0.3	0.64	-0.65	0.71	0.12	-0.48	-0.55	-0.53	-0.4	0.72	0.72	0.54	-0.5	-0.52	0.9	0.85	0.72	0.67	-0.21		-0.77	-0.38
Net Working Capital	-0.69	0.26	0.4	-0.7	-0.05	-0.57	0.51	-0.65	0.22	0.41	0.5	0.45	0.56	-0.63	-0.62	-0.57	0.46	0.45	-0.79	-0.77	-0.63	-0.56	0.3	-0.77		0.47
Capital Stock	-0.24	0.7	0.37	-0.57	0.28	-0.32	0.79	-0.58	-0.35	0.42	0.62	0.44	0.83	-0.59	-0.63	-0.93	0.53	0.47	-0.22	-0.52	-0.59	-0.71	0.95	-0.38	0.47

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About Red Rock Financial Statements

Red Rock shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Red Rock investors may analyze each financial statement separately, they are all interrelated. The changes in Red Rock's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Rock's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	4 B	3.8 B
Intangibles To Total Assets	0.07	0.10

Pair Trading with Red Rock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Red Rock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Red Rock will appreciate offsetting losses from the drop in the long position's value.

Moving against Red Stock

0.73	EVRI	Everi Holdings	Pair Corr
0.66	AGS	PlayAGS	Pair Corr
0.66	EAT	Brinker International	Pair Corr
0.62	CMG	Chipotle Mexican Grill Sell-off Trend	Pair Corr
0.61	PLYA	Playa Hotels Resorts	Pair Corr

The ability to find closely correlated positions to Red Rock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Rock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Red Rock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Red Rock Resorts to buy it.

The correlation of Red Rock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Red Rock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Rock Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Red Rock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Red Stock Analysis

When running Red Rock's price analysis, check to measure Red Rock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Rock is operating at the current time. Most of Red Rock's value examination focuses on studying past and present price action to predict the probability of Red Rock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Rock's price. Additionally, you may evaluate how the addition of Red Rock to your portfolios can decrease your overall portfolio volatility.

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