Rush Minority Interest vs Net Income From Continuing Ops Analysis
RSI Stock | USD 13.32 0.16 1.19% |
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 Minority Interest and its Net Income From Continuing Ops 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.
Minority Interest vs Net Income From Continuing Ops
Minority Interest vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rush Street Interactive Minority Interest account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rush Street's Minority Interest and Net Income From Continuing Ops is -0.46. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income From Continuing Ops 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 Minority Interest and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Rush Street Interactive are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Minority Interest i.e., Rush Street's Minority Interest and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Rush Street Interactive whose combined shares represent less than 50% of the total outstanding shares issued by Rush Street have a minority interest in Rush Street.Net Income From Continuing Ops
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.