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Red Rock Resorts (Red Rock Resorts) Scaled Net Operating Assets : 0.89 (As of Dec. 2023)


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What is Red Rock Resorts Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Red Rock Resorts's operating assets for the quarter that ended in Dec. 2023 was $3,817 Mil. Red Rock Resorts's operating liabilities for the quarter that ended in Dec. 2023 was $377 Mil. Red Rock Resorts's Total Assets for the quarter that ended in Sep. 2023 was $3,861 Mil. Therefore, Red Rock Resorts's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.89.


Red Rock Resorts Scaled Net Operating Assets Historical Data

The historical data trend for Red Rock Resorts's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Red Rock Resorts Scaled Net Operating Assets Chart

Red Rock Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.82 0.70 0.93 1.03

Red Rock Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.91 0.92 0.91 0.89

Competitive Comparison of Red Rock Resorts's Scaled Net Operating Assets

For the Resorts & Casinos subindustry, Red Rock Resorts's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red Rock Resorts's Scaled Net Operating Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Red Rock Resorts's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Red Rock Resorts's Scaled Net Operating Assets falls into.



Red Rock Resorts Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Red Rock Resorts's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(3816.926-376.726)/3345.75
=1.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3954.512 - 137.586
=3816.926

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3710.625 - 3301.658 - 32.241
=376.726

Red Rock Resorts's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(3816.926-376.726)/3861.439
=0.89

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3954.512 - 137.586
=3816.926

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3710.625 - 3301.658 - 32.241
=376.726

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Red Rock Resorts Scaled Net Operating Assets Related Terms

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Red Rock Resorts (Red Rock Resorts) Business Description

Traded in Other Exchanges
Address
1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135
Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.
Executives
Robert A Finch officer: EVP & Chief Operating Officer C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger officer: President 2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Fertitta Frank J Iii director, 10 percent owner 2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta director, 10 percent owner 2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Joseph J Hasson officer: EVP of Operations C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins officer: President
Jeffrey T Welch officer: EVP and Chief Legal Officer C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis director 2411 W. SAHARA AVE, LAS VEGAS NV 89102
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Marc J. Falcone officer: EVP, CFO and Treasuer 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy officer: EVP and COO 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey officer: See Remarks C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fi Station Investor Llc director, 10 percent owner 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135