Red Rock Resorts Inc (RRR) - Net Assets
Based on the latest financial reports, Red Rock Resorts Inc (RRR) has net assets worth $330.86 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.10 Billion) and total liabilities ($3.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Red Rock Resorts Inc (RRR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $330.86 Million |
| % of Total Assets | 8.08% |
| Annual Growth Rate | -7.14% |
| 5-Year Change | -49.25% |
| 10-Year Change | -46.52% |
| Growth Volatility | 194.33 |
Red Rock Resorts Inc - Net Assets Trend (2013–2024)
This chart illustrates how Red Rock Resorts Inc's net assets have evolved over time, based on quarterly financial data. Also explore RRR current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Red Rock Resorts Inc (2013–2024)
The table below shows the annual net assets of Red Rock Resorts Inc from 2013 to 2024. For live valuation and market cap data, see RRR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $306.83 Million | +25.81% |
| 2023-12-31 | $243.89 Million | +656.40% |
| 2022-12-31 | $32.24 Million | -35.56% |
| 2021-12-31 | $50.03 Million | -91.73% |
| 2020-12-31 | $604.64 Million | -22.74% |
| 2019-12-31 | $782.60 Million | -4.21% |
| 2018-12-31 | $817.00 Million | +28.20% |
| 2017-12-31 | $637.29 Million | +0.62% |
| 2016-12-31 | $633.35 Million | +10.40% |
| 2015-12-31 | $573.71 Million | -10.93% |
| 2014-12-31 | $644.12 Million | -7.03% |
| 2013-12-31 | $692.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Rock Resorts Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19583400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $195.83 Million | 91.06% |
| Common Stock | $597.00K | 0.28% |
| Other Components | $18.64 Million | 8.66% |
| Total Equity | $215.07 Million | 100.00% |
Red Rock Resorts Inc Competitors by Market Cap
The table below lists competitors of Red Rock Resorts Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
$3.17 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
$3.17 Billion |
|
Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd
SHG:600363
|
$3.17 Billion |
|
SINOPHARM GROUP 1/5/O.N.
F:X2S1
|
$3.17 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
$3.16 Billion |
|
China National Medicines Corp Ltd
SHG:600511
|
$3.16 Billion |
|
Avient Corp
NYSE:AVNT
|
$3.16 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
$3.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Rock Resorts Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,839,000 to 215,066,000, a change of 46,227,000 (27.4%).
- Net income of 154,051,000 contributed positively to equity growth.
- Dividend payments of 118,404,000 reduced retained earnings.
- Share repurchases of 3,922,000 reduced equity.
- Other factors increased equity by 14,502,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $154.05 Million | +71.63% |
| Dividends Paid | $118.40 Million | -55.05% |
| Share Repurchases | $3.92 Million | -1.82% |
| Other Changes | $14.50 Million | +6.74% |
| Total Change | $- | 27.38% |
Book Value vs Market Value Analysis
This analysis compares Red Rock Resorts Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 25.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.14x to 25.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $16.81 | $52.78 | x |
| 2014-12-31 | $15.86 | $52.78 | x |
| 2015-12-31 | $14.19 | $52.78 | x |
| 2016-12-31 | $10.20 | $52.78 | x |
| 2017-12-31 | $3.29 | $52.78 | x |
| 2018-12-31 | $4.45 | $52.78 | x |
| 2019-12-31 | $4.28 | $52.78 | x |
| 2020-12-31 | $3.00 | $52.78 | x |
| 2021-12-31 | $0.51 | $52.78 | x |
| 2022-12-31 | $0.42 | $52.78 | x |
| 2023-12-31 | $1.64 | $52.78 | x |
| 2024-12-31 | $2.07 | $52.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Rock Resorts Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 71.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.94%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 18.81x
- Recent ROE (71.63%) is below the historical average (91.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -14.50% | -7.56% | 0.41x | 4.73x | $-160.53 Million |
| 2014 | 16.27% | 7.78% | 0.43x | 4.85x | $38.75 Million |
| 2015 | 24.90% | 10.18% | 0.46x | 5.30x | $82.37 Million |
| 2016 | 26.30% | 6.33% | 0.41x | 10.08x | $56.99 Million |
| 2017 | 9.21% | 2.18% | 0.45x | 9.48x | $-3.03 Million |
| 2018 | 30.32% | 9.37% | 0.42x | 7.72x | $105.58 Million |
| 2019 | -0.67% | -0.18% | 0.45x | 8.22x | $-53.42 Million |
| 2020 | -42.65% | -12.72% | 0.32x | 10.61x | $-185.66 Million |
| 2021 | 406.51% | 14.95% | 0.52x | 52.78x | $235.90 Million |
| 2022 | 469.25% | 12.35% | 0.50x | 76.41x | $201.08 Million |
| 2023 | 104.24% | 10.21% | 0.44x | 23.42x | $159.12 Million |
| 2024 | 71.63% | 7.94% | 0.48x | 18.81x | $132.54 Million |
Industry Comparison
This section compares Red Rock Resorts Inc's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,011,904,699
- Average return on equity (ROE) among peers: 7.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Rock Resorts Inc (RRR) | $330.86 Million | -14.50% | 11.38x | $3.17 Billion |
| Bally's Corp (BALY) | $635.85 Million | -29.49% | 9.79x | $650.91 Million |
| Boyd Gaming Corporation (BYD) | $650.44 Million | -12.34% | 7.83x | $6.36 Billion |
| Century Casinos Inc (CNTY) | $129.45 Million | 4.77% | 0.47x | $40.65 Million |
| Canterbury Park Holding Corporation (CPHC) | $21.00 Million | 18.40% | 0.34x | $80.67 Million |
| Caesars Entertainment Corporation (CZR) | $428.00 Million | 12.15% | 2.73x | $3.95 Billion |
| Full House Resorts Inc (FLL) | $52.79 Million | 14.53% | 0.07x | $88.50 Million |
| Golden Entertainment Inc (GDEN) | $537.73 Million | 47.56% | 1.70x | $740.46 Million |
| Hilton Grand Vacations Inc (HGV) | $-373.00 Million | 0.00% | 0.00x | $3.93 Billion |
| Las Vegas Sands Corp (LVS) | $7.93 Billion | 6.31% | 1.65x | $35.70 Billion |
| Monarch Casino & Resort Inc (MCRI) | $105.59 Million | 9.04% | 0.73x | $1.70 Billion |
About Red Rock Resorts Inc
Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and manages casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market. The company was formerly known as Station Casinos Corp. and changed its name to Red Rock Resorts… Read more