RSI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
RSI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Rush Street Interactive has the Financial Strength Rank of 7.
Good Sign:
Rush Street Interactive Inc shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.GuruFocus does not calculate Rush Street Interactive's interest coverage with the available data. Rush Street Interactive's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Rush Street Interactive's Altman Z-Score is 4.18.
For the Gambling subindustry, Rush Street Interactive's Financial Strength, along with its competitors' market caps and Financial Strength 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.
For the Travel & Leisure industry and Consumer Cyclical sector, Rush Street Interactive's Financial Strength distribution charts can be found below:
* The bar in red indicates where Rush Street Interactive's Financial Strength falls into.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Rush Street Interactive's Interest Expense for the months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the months ended in Mar. 2024 was $1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.6 Mil.
Rush Street Interactive's Interest Coverage for the quarter that ended in Mar. 2024 is
GuruFocus does not calculate Rush Street Interactive's interest coverage with the available data. |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Rush Street Interactive Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Rush Street Interactive's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
Debt to Revenue Ratio | = | Total Debt (Q: Mar. 2024 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (0.589 | + | 0.62) | / | 869.712 | |
= | 0.00 |
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Rush Street Interactive has a Z-score of 4.18, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 4.18 is strong.
* 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.
Rush Street Interactive (NYSE:RSI) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
Rush Street Interactive has the Financial Strength Rank of 7.
Thank you for viewing the detailed overview of Rush Street Interactive's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Kyle Sauers | officer: Chief Financial Officer | C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654 |
Mattias Stetz | officer: Chief Operating Officer | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611 |
Richard Todd Schwartz | officer: President | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610 |
Neil Bluhm | director, 10 percent owner | 900 NORTH MICHIGAN AVENUE, SUITE 1900, CHICAGO IL 60611 |
Gregory A Carlin | director, 10 percent owner, officer: Chief Executive Officer | C/O NEAL GERBER & EISENBERG, 2 N. LASALLE STREET, SUITE 1700, CHICAGO IL 60602 |
Daniel W Yih | director | C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601 |
Paul Wierbicki | director | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610 |
Masi Niccolo De | officer: Chief Executive Officer | 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105 |
Harry L. You | director, 10 percent owner, officer: Chairman | EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748 |
Sheli Z Rosenberg | director | C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606 |
Leslie N Bluhm | director | 900 NORTH MICHIGAN AVE, CHICAGO IL 60611 |
Einar Roosileht | officer: Chief Information Officer | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610 |
James Alan Gordon | director | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610 |
Judith Gold | director | C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610 |
Ngb 2016 Revocable Trust | director, 10 percent owner | 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611 |
From GuruFocus
By Business Wire Business Wire • 07-20-2022
By Marketwired • 10-09-2023
By GuruFocus Research • 11-01-2023
By sperokesalga sperokesalga • 05-01-2023
By Business Wire Business Wire • 07-07-2022
By sperokesalga sperokesalga • 02-09-2023
By Marketwired • 08-02-2023
By Business Wire Business Wire • 07-25-2022
By PRNewswire PRNewswire • 03-30-2023
By GuruFocus Research • 09-30-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.