Red Historical Cash Flow
| RRR Stock | USD 50.49 0.36 0.71% |
Analysis of Red Rock cash flow over time is an excellent tool to project Red Rock Resorts future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 140.9 M or Dividends Paid of 86.1 M as it is a great indicator of Red Rock ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Red Rock Resorts latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Red Rock Resorts is a good buy for the upcoming year.
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About Red Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Red balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Red's non-liquid assets can be easily converted into cash.
Red Rock Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Red Rock Resorts to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Red Rock operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most accounts from Red Rock's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Red Rock's End Period Cash Flow is relatively stable compared to the past year. As of 11/26/2024, Change To Operating Activities is likely to grow to about 5.3 M, while Stock Based Compensation is likely to drop slightly above 13 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 65.9M | 561.3M | 701.6M | 736.7M | Dividends Paid | 203.8M | 116.7M | 58.6M | 86.1M |
Red Rock cash flow statement Correlations
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Red Rock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Red Rock cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (397K) | 10.3M | (14.4M) | (6.3M) | (8.0M) | (7.6M) | |
| Change In Cash | 14.7M | (7.2M) | 181.6M | (190.0M) | 20.3M | 21.3M | |
| Stock Based Compensation | 16.8M | 10.9M | 12.7M | 17.5M | 19.7M | 13.0M | |
| Free Cash Flow | (94.0M) | 154.3M | 544.0M | (19.1M) | (207.3M) | (196.9M) | |
| Change In Working Capital | 24.6M | (17.4M) | (18.0M) | (11.0M) | (4.0M) | (3.8M) | |
| Begin Period Cash Flow | 118.3M | 132.9M | 125.7M | 307.3M | 117.3M | 162.6M | |
| Other Cashflows From Financing Activities | 716.3M | 1.8B | (247.5M) | 140.9M | (99.3M) | (94.4M) | |
| Depreciation | 222.2M | 231.4M | 157.8M | 128.4M | 132.5M | 176.3M | |
| Other Non Cash Items | 61.6M | 48.4M | 176.8M | 5.0M | 134.2M | 140.9M | |
| Dividends Paid | 27.9M | 7.3M | 203.8M | 116.7M | 58.6M | 86.1M | |
| Capital Expenditures | 410.6M | 58.5M | 65.9M | 561.3M | 701.6M | 736.7M | |
| Total Cash From Operating Activities | 316.6M | 212.8M | 610.0M | 542.2M | 494.3M | 389.1M | |
| Change To Account Receivables | (1.1M) | 16.4M | (1.3M) | (4.2M) | (18.3M) | (17.4M) | |
| Net Income | (6.7M) | (174.5M) | 354.8M | 390.4M | 176.0M | 121.5M | |
| Total Cash From Financing Activities | 103.2M | (150.4M) | (1.0B) | (290.0M) | 179.8M | 188.8M | |
| End Period Cash Flow | 132.9M | 125.7M | 307.3M | 117.3M | 137.6M | 166.1M | |
| Sale Purchase Of Stock | 6.7M | 397K | (500.9M) | (141.5M) | (14.7M) | (14.0M) | |
| Investments | 11.5M | (13.1M) | (13.5M) | (442.1M) | (592.8M) | (563.2M) | |
| Net Borrowings | 143.8M | (138.8M) | (68.4M) | 124.7M | 112.2M | 59.4M | |
| Total Cashflows From Investing Activities | (405.1M) | (69.6M) | 586.3M | (442.1M) | (508.5M) | (483.0M) | |
| Change To Operating Activities | 16.4M | (22.7M) | (9.7M) | 5.7M | 5.1M | 5.3M | |
| Other Cashflows From Investing Activities | (63.3M) | 2.1M | 661.0M | (113.6M) | (130.6M) | (124.1M) | |
| Change To Netincome | 17.3M | 135.5M | 129.9M | 109.5M | 125.9M | 76.8M | |
| Change To Liabilities | 26.1M | (44.1M) | (2.3M) | (494K) | (444.6K) | (422.4K) | |
| Change Receivables | (1.1M) | 16.4M | (1.3M) | (4.2M) | (4.8M) | (4.6M) | |
| Cash And Cash Equivalents Changes | 14.7M | (7.2M) | 181.6M | (190.0M) | (171.0M) | (162.4M) | |
| Cash Flows Other Operating | 267.5M | 270.4M | (38.6M) | (90.9M) | (81.8M) | (77.7M) |
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 | PairCorr |
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| 0.66 | EAT | Brinker International | PairCorr |
| 0.62 | CMG | Chipotle Mexican Grill Sell-off Trend | PairCorr |
| 0.61 | PLYA | Playa Hotels Resorts | PairCorr |
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.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.