Red Rock Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Red Rock Resorts has a total shareholder equity of $239.8M and total debt of $3.5B, which brings its debt-to-equity ratio to 1439.4%. Its total assets and total liabilities are $4.0B and $3.8B respectively. Red Rock Resorts's EBIT is $585.6M making its interest coverage ratio 2.6. It has cash and short-term investments of $117.5M.
Key information
1,439.4%
Debt to equity ratio
US$3.45b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$117.50m |
| Equity | US$239.80m |
| Total liabilities | US$3.76b |
| Total assets | US$4.00b |
Recent financial health updates
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Nov 29
We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jun 30Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16Recent updates
Red Rock Resorts: A Buy On Any Dip
Dec 12We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Nov 29Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 11Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital
Oct 24Off-Strip Domination: Why Red Rock Is My Favorite Hotel And Casino In Vegas
Oct 20Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking
Aug 31Red Rock Resorts Update: The Bullish Trend Remains Intact
Aug 01Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 01Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Jul 26We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jun 30Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
May 25Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 10Red Rock Resorts: Under The Radar Despite Solid Performance
Apr 29Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Feb 23RRR: An Update As The Shares Rise To New Highs
Feb 13Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next
Feb 10Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jan 25Financial Position Analysis
Short Term Liabilities: RRR's short term assets ($267.0M) exceed its short term liabilities ($261.2M).
Long Term Liabilities: RRR's short term assets ($267.0M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: RRR's net debt to equity ratio (1390.4%) is considered high.
Reducing Debt: RRR's debt to equity ratio has increased from 390.6% to 1439.4% over the past 5 years.
Debt Coverage: RRR's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: RRR's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:20 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Red Rock Resorts, Inc. is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bain | Aegis Capital Corporation |
| Ishan Majumdar | Baptista Research |
| Brandt Montour | Barclays |