Red Rock Resorts Balance Sheet Health
Financial Health criteria checks 1/6
Red Rock Resorts has a total shareholder equity of $243.9M and total debt of $3.3B, which brings its debt-to-equity ratio to 1364.5%. Its total assets and total liabilities are $4.0B and $3.7B respectively. Red Rock Resorts's EBIT is $590.7M making its interest coverage ratio 3.3. It has cash and short-term investments of $137.6M.
Key information
1,364.5%
Debt to equity ratio
US$3.33b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$137.59m |
| Equity | US$243.89m |
| Total liabilities | US$3.71b |
| Total assets | US$3.95b |
Recent financial health updates
Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16
These 4 Measures Indicate That Red Rock Resorts (NASDAQ:RRR) Is Using Debt Extensively
Dec 06We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jul 24We Think Red Rock Resorts (NASDAQ:RRR) Can Stay On Top Of Its Debt
Apr 19Is Red Rock Resorts (NASDAQ:RRR) A Risky Investment?
Jan 08Red Rock Resorts (NASDAQ:RRR) Seems To Use Debt Quite Sensibly
Apr 04Recent updates
Red 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 25Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
Dec 13These 4 Measures Indicate That Red Rock Resorts (NASDAQ:RRR) Is Using Debt Extensively
Dec 06Returns Are Gaining Momentum At Red Rock Resorts (NASDAQ:RRR)
Nov 04Red Rock Resorts, Inc.'s (NASDAQ:RRR) Intrinsic Value Is Potentially 85% Above Its Share Price
Oct 11Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Sep 05Red Rock Resorts (NASDAQ:RRR) Has Affirmed Its Dividend Of $0.25
Aug 22Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 08We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jul 24Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 23% Discount?
May 29Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
May 11Under The Bonnet, Red Rock Resorts' (NASDAQ:RRR) Returns Look Impressive
May 09We Think Red Rock Resorts (NASDAQ:RRR) Can Stay On Top Of Its Debt
Apr 19Red Rock Resorts (NASDAQ:RRR) Has Announced A Dividend Of $0.25
Feb 11A Look At The Fair Value Of Red Rock Resorts, Inc. (NASDAQ:RRR)
Feb 08Returns on Capital Paint A Bright Future For Red Rock Resorts (NASDAQ:RRR)
Jan 24Is Red Rock Resorts (NASDAQ:RRR) A Risky Investment?
Jan 08Here's Why Red Rock Resorts (NASDAQ:RRR) Has Caught The Eye Of Investors
Dec 09Red Rock Resorts (NASDAQ:RRR) Is Very Good At Capital Allocation
Oct 23Sparket joins hands with Station Casinos, subsidiary of Red Rock Resorts
Oct 07Red Rock Resorts: Seize This Exciting Catalyst
Aug 22Red Rock Resorts declares $0.25 dividend
Aug 10Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 31% Discount?
Jun 26Why We Like The Returns At Red Rock Resorts (NASDAQ:RRR)
May 30Red Rock Resorts (NASDAQ:RRR) Seems To Use Debt Quite Sensibly
Apr 04Red Rock Resorts (NASDAQ:RRR) Shareholders Will Want The ROCE Trajectory To Continue
Feb 18An Intrinsic Calculation For Red Rock Resorts, Inc. (NASDAQ:RRR) Suggests It's 42% Undervalued
Jan 28Financial Position Analysis
Short Term Liabilities: RRR's short term assets ($282.3M) do not cover its short term liabilities ($349.2M).
Long Term Liabilities: RRR's short term assets ($282.3M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: RRR's net debt to equity ratio (1308.1%) is considered high.
Reducing Debt: RRR's debt to equity ratio has increased from 349.5% to 1364.5% over the past 5 years.
Debt Coverage: RRR's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: RRR's interest payments on its debt are well covered by EBIT (3.3x coverage).