Red Historical Balance Sheet

RRR Stock

USD 50.03 0.34 0.68%

Trend analysis of Red Rock Resorts balance sheet accounts such as Total Current Liabilities of 288.1 M, Total Stockholder Equity of 305.7 M, Property Plant And Equipment Net of 3 B or Current Deferred Revenue of 39.5 M provides information on Red Rock's total assets, liabilities, and equity, which is the actual value of Red Rock Resorts to its prevalent stockholders. By breaking down trends over time using Red Rock balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

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.

Red Rock Inventory

13.97 Million

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.

About Red Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Red Rock Resorts at a specified time, usually calculated after every quarter, six months, or one year. Red Rock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Red Rock and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Red currently owns. An asset can also be divided into two categories, current and non-current.

Red Rock Balance Sheet Chart

At this time, Red Rock's Short Term Investments are relatively stable compared to the past year. As of 11/22/2024, Deferred Long Term Liabilities is likely to grow to about 50.3 M, while Total Assets are likely to drop slightly above 3.8 B.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

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. 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 accounts from Red Rock's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	2.9B	3.0B	3.3B	3.0B
Total Assets	3.1B	3.3B	4.0B	3.8B

Short Long Term Debt Total Total Assets

Red Rock balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.56	0.78	0.78	0.43	-0.72	0.48	-0.77	0.73	-0.12	0.51	0.47	0.71	0.51	0.29	-0.21	-0.77	0.78	0.64	0.64	-0.45	0.78	0.74	0.7	-0.82	-0.81
Total Assets	0.56		0.81	0.86	0.59	-0.35	0.97	-0.77	0.83	0.34	-0.05	0.99	0.44	-0.05	0.65	-0.41	-0.79	0.83	0.92	0.28	-0.12	0.84	0.66	0.31	-0.76	-0.66
Short Long Term Debt Total	0.78	0.81		0.89	0.55	-0.76	0.79	-0.85	0.99	0.02	0.17	0.77	0.66	0.17	0.55	-0.45	-0.87	0.99	0.88	0.66	-0.53	0.99	0.95	0.51	-0.88	-0.93
Other Current Liab	0.78	0.86	0.89		0.71	-0.67	0.8	-0.88	0.89	0.24	0.09	0.82	0.6	0.09	0.66	-0.33	-0.88	0.92	0.87	0.41	-0.37	0.94	0.85	0.42	-0.84	-0.81
Total Current Liabilities	0.43	0.59	0.55	0.71		-0.25	0.63	-0.32	0.6	0.37	-0.34	0.62	0.25	-0.34	0.72	-0.45	-0.38	0.52	0.61	-0.08	-0.32	0.59	0.64	-0.08	-0.27	-0.43
Total Stockholder Equity	-0.72	-0.35	-0.76	-0.67	-0.25		-0.27	0.78	-0.72	0.21	-0.44	-0.27	-0.58	-0.44	-0.2	0.3	0.79	-0.79	-0.52	-0.76	0.68	-0.78	-0.8	-0.6	0.76	0.88
Property Plant And Equipment Net	0.48	0.97	0.79	0.8	0.63	-0.27		-0.67	0.83	0.29	-0.24	0.99	0.32	-0.24	0.63	-0.4	-0.69	0.78	0.89	0.24	-0.07	0.8	0.66	0.13	-0.66	-0.62
Current Deferred Revenue	-0.77	-0.77	-0.85	-0.88	-0.32	0.78	-0.67		-0.82	-0.1	-0.33	-0.71	-0.62	-0.33	-0.35	0.21	0.99	-0.92	-0.81	-0.63	0.31	-0.9	-0.73	-0.62	0.96	0.87
Net Debt	0.73	0.83	0.99	0.89	0.6	-0.72	0.83	-0.82		0.03	0.06	0.8	0.62	0.06	0.57	-0.45	-0.84	0.97	0.89	0.62	-0.51	0.98	0.95	0.41	-0.84	-0.91
Accounts Payable	-0.12	0.34	0.02	0.24	0.37	0.21	0.29	-0.1	0.03		-0.13	0.35	-0.2	-0.13	0.42	0.05	-0.13	0.06	0.39	-0.42	0.4	0.1	-0.02	0.02	0.09	0.04
Cash	0.51	-0.05	0.17	0.09	-0.34	-0.44	-0.24	-0.33	0.06	-0.13		-0.19	0.42	1.0	-0.09	-0.07	-0.32	0.22	0.01	0.47	-0.31	0.17	0.12	0.91	-0.38	-0.29
Non Current Assets Total	0.47	0.99	0.77	0.82	0.62	-0.27	0.99	-0.71	0.8	0.35	-0.19		0.37	-0.19	0.65	-0.4	-0.72	0.78	0.89	0.19	-0.07	0.8	0.63	0.17	-0.69	-0.59
Non Currrent Assets Other	0.71	0.44	0.66	0.6	0.25	-0.58	0.32	-0.62	0.62	-0.2	0.42	0.37		0.42	0.35	-0.14	-0.57	0.65	0.47	0.49	-0.66	0.64	0.63	0.58	-0.75	-0.55
Cash And Short Term Investments	0.51	-0.05	0.17	0.09	-0.34	-0.44	-0.24	-0.33	0.06	-0.13	1.0	-0.19	0.42		-0.09	-0.07	-0.32	0.22	0.01	0.47	-0.31	0.17	0.12	0.91	-0.38	-0.29
Net Receivables	0.29	0.65	0.55	0.66	0.72	-0.2	0.63	-0.35	0.57	0.42	-0.09	0.65	0.35	-0.09		-0.47	-0.35	0.55	0.54	-0.09	-0.38	0.59	0.61	0.13	-0.36	-0.29
Good Will	-0.21	-0.41	-0.45	-0.33	-0.45	0.3	-0.4	0.21	-0.45	0.05	-0.07	-0.4	-0.14	-0.07	-0.47		0.3	-0.43	-0.33	-0.16	0.59	-0.45	-0.47	-0.19	0.25	0.39
Common Stock Total Equity	-0.77	-0.79	-0.87	-0.88	-0.38	0.79	-0.69	0.99	-0.84	-0.13	-0.32	-0.72	-0.57	-0.32	-0.35	0.3		-0.93	-0.84	-0.62	0.32	-0.91	-0.75	-0.61	0.93	0.9
Non Current Liabilities Total	0.78	0.83	0.99	0.92	0.52	-0.79	0.78	-0.92	0.97	0.06	0.22	0.78	0.65	0.22	0.55	-0.43	-0.93		0.88	0.64	-0.51	1.0	0.92	0.54	-0.92	-0.93
Inventory	0.64	0.92	0.88	0.87	0.61	-0.52	0.89	-0.81	0.89	0.39	0.01	0.89	0.47	0.01	0.54	-0.33	-0.84	0.88		0.37	-0.17	0.9	0.76	0.38	-0.75	-0.81
Other Current Assets	0.64	0.28	0.66	0.41	-0.08	-0.76	0.24	-0.63	0.62	-0.42	0.47	0.19	0.49	0.47	-0.09	-0.16	-0.62	0.64	0.37		-0.46	0.6	0.62	0.65	-0.7	-0.76
Other Stockholder Equity	-0.45	-0.12	-0.53	-0.37	-0.32	0.68	-0.07	0.31	-0.51	0.4	-0.31	-0.07	-0.66	-0.31	-0.38	0.59	0.32	-0.51	-0.17	-0.46		-0.51	-0.68	-0.36	0.43	0.49
Total Liab	0.78	0.84	0.99	0.94	0.59	-0.78	0.8	-0.9	0.98	0.1	0.17	0.8	0.64	0.17	0.59	-0.45	-0.91	1.0	0.9	0.6	-0.51		0.94	0.51	-0.9	-0.92
Property Plant And Equipment Gross	0.74	0.66	0.95	0.85	0.64	-0.8	0.66	-0.73	0.95	-0.02	0.12	0.63	0.63	0.12	0.61	-0.47	-0.75	0.92	0.76	0.62	-0.68	0.94		0.42	-0.76	-0.88
Total Current Assets	0.7	0.31	0.51	0.42	-0.08	-0.6	0.13	-0.62	0.41	0.02	0.91	0.17	0.58	0.91	0.13	-0.19	-0.61	0.54	0.38	0.65	-0.36	0.51	0.42		-0.65	-0.58
Short Term Debt	-0.82	-0.76	-0.88	-0.84	-0.27	0.76	-0.66	0.96	-0.84	0.09	-0.38	-0.69	-0.75	-0.38	-0.36	0.25	0.93	-0.92	-0.75	-0.7	0.43	-0.9	-0.76	-0.65		0.84
Intangible Assets	-0.81	-0.66	-0.93	-0.81	-0.43	0.88	-0.62	0.87	-0.91	0.04	-0.29	-0.59	-0.55	-0.29	-0.29	0.39	0.9	-0.93	-0.81	-0.76	0.49	-0.92	-0.88	-0.58	0.84

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Red Rock Account Relationship Matchups

Red Rock balance sheet 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	3.3B	3.0B
Other Current Liab	182.2M	115.7M	107.9M	200.5M	291.6M	149.3M
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	3.3B	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	3.2B	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	97.1M	96.2M
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	88.9M	105.4M	46.9M	53.1M	40.2M
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)

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

0.59	KRUS	Kura Sushi USA	Pair Corr
0.58	PLYA	Playa Hotels Resorts	Pair Corr
0.54	BYD	Boyd Gaming	Pair Corr
0.49	WEN	The Wendys Potential Growth	Pair Corr
0.49	PRKS	United Parks Resorts Symbol Change	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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Red Historical Balance Sheet

Red Rock Inventory

13.97 Million

About Red Balance Sheet Analysis

Red Rock Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Red Rock balance sheet Correlations

Red Rock Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Red Rock balance sheet Accounts

Pair Trading with Red Rock

Moving against Red Stock

Additional Tools for Red Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Intangible Assets	- 0.93	Non Current Liabilities Total
Non Current Liabilities Total	- 0.93	Common Stock Total Equity
Intangible Assets	- 0.93	Short Long Term Debt Total
Intangible Assets	- 0.92	Total Liab
Short Term Debt	- 0.92	Non Current Liabilities Total
Non Current Liabilities Total	- 0.92	Current Deferred Revenue