Rush Street Net Worth

Rush Street Net Worth Breakdown

  RSI
The net worth of Rush Street Interactive is the difference between its total assets and liabilities. Rush Street's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Rush Street's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Rush Street's net worth can be used as a measure of its financial health and stability which can help investors to decide if Rush Street is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Rush Street Interactive stock.

Rush Street Net Worth Analysis

Rush Street's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Rush Street's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Rush Street's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Rush Street's net worth analysis. One common approach is to calculate Rush Street's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Rush Street's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Rush Street's net worth. This approach calculates the present value of Rush Street's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Rush Street's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Rush Street's net worth. This involves comparing Rush Street's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Rush Street's net worth relative to its peers.

Enterprise Value

133.54 Million

To determine if Rush Street is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Rush Street's net worth research are outlined below:
The company reported the last year's revenue of 691.16 M. Reported Net Loss for the year was (18.3 M) with profit before taxes, overhead, and interest of 177.55 M.
Rush Street Interactive has about 179.72 M in cash with (5.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.15.
Rush Street has a poor financial position based on the latest SEC disclosures
Roughly 74.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Rush Street Interactive Is Experiencing Growth In Returns On Capital
Rush Street uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Rush Street Interactive. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Rush Street's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024
Upcoming Quarterly Report
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1st of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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6th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Rush Street's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Rush Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Rush Street Interactive backward and forwards among themselves. Rush Street's institutional investor refers to the entity that pools money to purchase Rush Street's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Citadel Advisors Llc2024-09-30
1.2 M
Intrinsic Edge Capital Management, Llc2024-06-30
1.1 M
Driehaus Capital Management Llc2024-06-30
1.1 M
Canyon Capital Advisors Llc2024-09-30
1000 K
1060 Capital2024-09-30
1000 K
Marshall Wace Asset Management Ltd2024-06-30
981.8 K
Oberweis Asset Management Inc2024-06-30
971.9 K
Charles Schwab Investment Management Inc2024-09-30
741.9 K
Qube Research & Technologies2024-06-30
721.5 K
Vanguard Group Inc2024-09-30
7.5 M
Blackrock Inc2024-06-30
5.7 M
Note, although Rush Street's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Rush Street's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.01 B.

Market Cap

292.22 Million

Project Rush Street's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.08)(0.08)
Return On Capital Employed(0.29)(0.27)
Return On Assets(0.06)(0.06)
Return On Equity(0.34)(0.32)
When accessing Rush Street's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Rush Street's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Rush Street's profitability and make more informed investment decisions.

Evaluate Rush Street's management efficiency

Rush Street Interactive has Return on Asset of 0.016 % which means that on every $100 spent on assets, it made $0.016 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0268) %, meaning that it generated no profit with money invested by stockholders. Rush Street's management efficiency ratios could be used to measure how well Rush Street manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.08. The Rush Street's current Return On Capital Employed is estimated to increase to -0.27. As of now, Rush Street's Fixed Asset Turnover is increasing as compared to previous years.
Last ReportedProjected for Next Year
Book Value Per Share 2.42  2.55 
Tangible Book Value Per Share 1.33  1.40 
Enterprise Value Over EBITDA(6.43)(6.75)
Price Book Value Ratio 5.72  6.01 
Enterprise Value Multiple(6.43)(6.75)
Price Fair Value 5.72  6.01 
Enterprise Value140.6 M133.5 M
Leadership at Rush Street emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Enterprise Value Revenue
1.1222
Revenue
863.8 M
Quarterly Revenue Growth
0.888
Revenue Per Share
11.124
Return On Equity
(0.03)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Rush Street insiders, such as employees or executives, is commonly permitted as long as it does not rely on Rush Street's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Rush Street insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Rush Street Corporate Filings

F4
20th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
14th of November 2024
An amended filing to the original Schedule 13G
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F3
1st of November 2024
An amendment to the original Schedule 13D filing
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10Q
31st of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
Rush Street time-series forecasting models is one of many Rush Street's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Rush Street's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Rush Street Earnings per Share Projection vs Actual

Rush Street Corporate Management

Rob PicardChief OfficerProfile
Selden RossCorporate SecretaryProfile
Neil BluhmExecutive Chairman of the BoardProfile
Harry YouIndependent DirectorProfile
Paul JDChief CounselProfile
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:
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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.