Rush Street Interactive Inc (RSI) - Net Assets
Based on the latest financial reports, Rush Street Interactive Inc (RSI) has net assets worth $274.37 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 ($593.16 Million) and total liabilities ($318.80 Million). 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 RSI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $274.37 Million |
| % of Total Assets | 46.25% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.47 |
Rush Street Interactive Inc - Net Assets Trend (2018–2024)
This chart illustrates how Rush Street Interactive Inc's net assets have evolved over time, based on quarterly financial data. See RSI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rush Street Interactive Inc (2018–2024)
The table below shows the annual net assets of Rush Street Interactive Inc from 2018 to 2024. For live valuation and market cap data, see Rush Street Interactive Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $198.32 Million | +19.37% |
| 2023-12-31 | $166.13 Million | -12.96% |
| 2022-12-31 | $190.87 Million | -37.97% |
| 2021-12-31 | $307.70 Million | +215.10% |
| 2020-12-31 | $-267.33 Million | -7837.32% |
| 2019-12-31 | $-3.37 Million | -101.56% |
| 2018-12-31 | $-1.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rush Street Interactive 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 decreased by 10653400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.03% |
| Other Comprehensive Income | $-3.09 Million | -3.93% |
| Other Components | $217.68 Million | 276.67% |
| Total Equity | $78.68 Million | 100.00% |
Rush Street Interactive Inc Competitors by Market Cap
The table below lists competitors of Rush Street Interactive Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMP Ltd
AU:AMP
|
$2.85 Billion |
|
ShenZhen QiangRui Precision Technology Co. Ltd.
SHE:301128
|
$2.85 Billion |
|
NMI Holdings Inc
NASDAQ:NMIH
|
$2.85 Billion |
|
Guangdong Create Century Intelligent Equipment Group Corp Ltd
SHE:300083
|
$2.85 Billion |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
$2.85 Billion |
|
Wuxi Autowell Technology Co Ltd
SHG:688516
|
$2.85 Billion |
|
momo.com Inc
TW:8454
|
$2.85 Billion |
|
Lily Group Co Ltd
SHG:603823
|
$2.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rush Street Interactive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,768,000 to 78,678,000, a change of 24,910,000 (46.3%).
- Net income of 2,388,000 contributed positively to equity growth.
- Share repurchases of 67,000 reduced equity.
- Other comprehensive income decreased equity by 2,990,000.
- Other factors increased equity by 25,579,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.39 Million | +3.04% |
| Share Repurchases | $67.00K | -0.09% |
| Other Comprehensive Income | $-2.99 Million | -3.8% |
| Other Changes | $25.58 Million | +32.51% |
| Total Change | $- | 46.33% |
Book Value vs Market Value Analysis
This analysis compares Rush Street Interactive 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: 32.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.09 | $29.09 | x |
| 2019-12-31 | $-0.12 | $29.09 | x |
| 2020-12-31 | $-1.18 | $29.09 | x |
| 2021-12-31 | $1.49 | $29.09 | x |
| 2022-12-31 | $0.88 | $29.09 | x |
| 2023-12-31 | $0.78 | $29.09 | x |
| 2024-12-31 | $0.89 | $29.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rush Street Interactive 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): 3.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.26%
- • Asset Turnover: 2.44x
- • Equity Multiplier: 4.82x
- Recent ROE (3.04%) is above the historical average (-19.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -58.90% | 2.23x | 0.00x | $-10.48 Million |
| 2019 | 0.00% | -35.26% | 2.50x | 0.00x | $-22.11 Million |
| 2020 | 0.00% | 0.39% | 0.90x | 0.00x | $7.26 Million |
| 2021 | -34.01% | -5.95% | 1.19x | 4.78x | $-37.60 Million |
| 2022 | -68.93% | -6.52% | 1.69x | 6.25x | $-44.24 Million |
| 2023 | -34.04% | -2.65% | 2.17x | 5.93x | $-23.68 Million |
| 2024 | 3.04% | 0.26% | 2.44x | 4.82x | $-5.48 Million |
Industry Comparison
This section compares Rush Street Interactive Inc's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $465,809,906
- Average return on equity (ROE) among peers: -1160.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rush Street Interactive Inc (RSI) | $274.37 Million | 0.00% | 1.16x | $2.85 Billion |
| Accel Entertainment Inc (ACEL) | $259.31 Million | 13.59% | 3.04x | $1.03 Billion |
| PlayAGS Inc (AGS) | $67.67 Million | 0.63% | 9.05x | $518.40 Million |
| Brightstar Lottery PLC (BRSL) | $1.98 Billion | 13.90% | 4.27x | $2.09 Billion |
| Codere Online US Corp (CDRO) | $24.22 Million | 16.14% | 2.08x | $440.60 Million |
| Churchill Downs Incorporated (CHDN) | $47.80 Million | 16.95% | 0.69x | $5.86 Billion |
| DraftKings Inc (DKNG) | $644.00K | -11732.30% | 283.21x | $12.65 Billion |
| Everi Holdings Inc (EVRI) | $199.25 Million | 29.30% | 0.22x | $1.24 Billion |
| Gambling.com Group Ltd (GAMB) | $79.91 Million | 15.58% | 0.14x | $83.18 Million |
| Gan Ltd (GAN) | $29.31 Million | 6.27% | 0.22x | $91.53 Million |
| International Game Technology PLC (IGT) | $1.97 Billion | 12.94% | 4.74x | $3.31 Billion |
About Rush Street Interactive Inc
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America. The company offers real-money online casino, online and retail sports betting, and social gaming services. It also provides full suite of games comprising bricks-and-mortar casinos, such as table games, slot machines, and poker games. The company offers its produc… Read more