Rush Cash And Equivalents vs Total Assets Analysis
RSI Stock | USD 13.48 1.27 10.40% |
Rush Street financial indicator trend analysis is much more than just breaking down Rush Street Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rush Street Interactive is a good investment. Please check the relationship between Rush Street Cash And Equivalents and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Cash And Equivalents vs Total Assets
Cash And Equivalents vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rush Street Interactive Cash And Equivalents account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rush Street's Cash And Equivalents and Total Assets is 0.98. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Total Assets in the same time period over historical financial statements of Rush Street Interactive, assuming nothing else is changed. The correlation between historical values of Rush Street's Cash And Equivalents and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Rush Street Interactive are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Equivalents i.e., Rush Street's Cash And Equivalents and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Equivalents
Total Assets
Total assets refers to the total amount of Rush Street 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 Rush Street Interactive 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. 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.Most indicators from Rush Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rush Street Interactive 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 Rush Street Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The Rush Street's current Issuance Of Capital Stock is estimated to increase to about 158.9 M, while Selling General Administrative is projected to decrease to under 75.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 156.0M | 177.5M | 226.1M | 125.7M | Total Revenue | 488.1M | 592.2M | 691.2M | 390.8M |
Rush Street fundamental ratios Correlations
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Rush Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rush Street fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.5M | 308.6M | 408.7M | 350.3M | 318.6M | 260.3M | |
Other Current Liab | 5.7M | 386.6M | 75M | 111.2M | 78.1M | 121.0M | |
Total Current Liabilities | 26.1M | 401.0M | 83.9M | 143.9M | 137.7M | 147.1M | |
Total Stockholder Equity | (3.4M) | (22.5M) | 85.4M | 56.0M | 53.8M | 30.6M | |
Other Liab | 2.8M | 173.9M | 15.9M | 14.2M | 16.3M | 15.5M | |
Net Tangible Assets | (10.3M) | (71.5M) | 77.4M | 56.0M | 64.5M | 67.7M | |
Retained Earnings | (3.4M) | (45.1M) | (81.4M) | (120.0M) | (138.3M) | (131.4M) | |
Accounts Payable | 707K | 12.0M | 6.5M | 29.8M | 32.3M | 34.0M | |
Cash | 6.9M | 255.6M | 281.0M | 179.7M | 168.3M | 163.7M | |
Other Assets | 753K | 1.2M | 67.0M | 5.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 6.9M | 255.6M | 281.0M | 179.7M | 171.0M | 164.2M | |
Net Receivables | 5.0M | 29.5M | 34.0M | 47.1M | 44.0M | 29.4M | |
Common Stock Shares Outstanding | 28.8M | 52.2M | 57.4M | 63.5M | 68.5M | 63.4M | |
Liabilities And Stockholders Equity | 25.5M | 308.6M | 408.7M | 350.3M | 318.6M | 260.3M | |
Other Current Assets | 1.7M | 9.3M | 26.7M | 37.7M | 14.1M | 16.7M | |
Other Stockholder Equity | (1.7M) | (16.7M) | 167.3M | 177.7M | 192.2M | 201.8M | |
Total Liab | 28.9M | 405.8M | 101.0M | 159.5M | 152.5M | 157.4M | |
Total Current Assets | 17.2M | 294.5M | 341.8M | 264.5M | 228.6M | 211.1M | |
Cash And Equivalents | 6.9M | 255.6M | 281.0M | 179.7M | 206.7M | 159.4M | |
Short Term Debt | 19.6M | 452K | 1.0M | 1.4M | 1.2M | 1.2M | |
Intangible Assets | 7.0M | 9.8M | 53.4M | 69.0M | 74.9M | 39.7M | |
Property Plant Equipment | 581K | 3.1M | 8.8M | 11.6M | 13.4M | 14.0M |
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When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Hotels, Restaurants & Leisure space 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 Rush Street. If investors know Rush 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 Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 11.124 | Quarterly Revenue Growth 0.888 | Return On Assets 0.016 | Return On Equity (0.03) |
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush Street'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 Rush Street's market value can be influenced by many factors that don't directly affect Rush Street'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 Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Street'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.