Red Rock Resorts, Inc. (RRR) financial statements (2021 and earlier)

Company profile

Business Address 1505 SOUTH PAVILION CENTER DRIVE
LAS VEGAS, NV 89135
State of Incorp. DE
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments129106100109115111108
Cash and cash equivalents129106100109115111108
Restricted cash and investments4444444
Receivables57545357515244
Inventory, net of allowances, customer advances and progress billings18171815151313
Inventory18171815151313
Prepaid expense24262724232526
Assets held-for-sale, not part of disposal group3232202020  
Other undisclosed current assets18204150344018
Total current assets:282260263279262244212
Noncurrent Assets
Operating lease, right-of-use asset131415 
Property, plant and equipment3,0623,0883,1153,0943,0122,8832,762
Long-term investments and receivables99999910
Long-term investments99999910
Intangible assets, net (including goodwill)304306309311313315318
Goodwill196196196196196196196
Intangible assets, net (excluding goodwill)109111113115117119122
Other noncurrent assets879511112190111119
Deferred tax assets, net110112109110
Other undisclosed noncurrent assets357355308212212195195
Total noncurrent assets:3,8333,8673,8663,8573,7483,6223,513
TOTAL ASSETS:4,1144,1274,1304,1364,0103,8663,725
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities242236263289300304280
Accounts payable34303636263230
Accrued liabilities201192218237266258242
Interest and dividends payable7149157158
Debt34343434343535
Total current liabilities:276270297323334339315
Noncurrent Liabilities
Long-term debt and lease obligation3,0103,0282,9742,9322,8212,6752,576
Long-term debt, excluding current maturities2,9993,0172,9612,9322,8212,6752,576
Operating lease, liability111112 
Liabilities, other than long-term debt36332924151110
Liability, pension and other postretirement and postemployment benefits5   5  
Other liabilities31332924101110
Other undisclosed noncurrent liabilities10141325232727
Total noncurrent liabilities:3,0563,0753,0152,9812,8592,7132,613
Total liabilities:3,3323,3453,3123,3033,1933,0522,928
Stockholders' equity
Stockholders' equity attributable to parent, including:501500520529520517507
Additional paid in capital376373370367362361358
Accumulated other comprehensive income (loss)(1)(0)01112
Retained earnings124127149160156154146
Other undisclosed stockholders' equity attributable to parent1111111
Stockholders' equity attributable to noncontrolling interest282283297304297297290
Total stockholders' equity:783783818832817814797
TOTAL LIABILITIES AND EQUITY:4,1144,1274,1304,1364,0103,8663,725

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues461466483447431412416
Revenue, net431412416
Cost of revenue(294)(343)(327)(283)(250)(240)(185)
Cost of goods and services sold    (192)(189)(185)
Gross profit:167123156164181172231
Operating expenses(107)(108)(111)(98)(109)(118)(110)
Other undisclosed operating income      17
Operating income:601445667255138
Nonoperating expense(56)(42)(54)(44)(62)(29)(24)
Investment income, nonoperating2(2)(13)(7)(15)47
Interest and debt expense(20)(41)(41)(0)(47)(34)(32)
Income (loss) from continuing operations before equity method investments, income taxes:(15)(69)(50)21(37)(8)82
Income from equity method investments0011100
Other undisclosed income from continuing operations before income taxes2041410473432
Income (loss) from continuing operations before income taxes:5(28)(8)221126114
Income tax expense (benefit)211(2)2(1)(15)
Net income (loss):7(27)(7)20132599
Net income (loss) attributable to noncontrolling interest(2)113(9)(4)(10)(16)
Net income (loss) available to common stockholders, basic:5(16)(4)1191583
Dilutive securities, effect on basic earnings per share   73813
Net income (loss) available to common stockholders, diluted:5(16)(4)18122396

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):7(27)(7)20132599
Other comprehensive loss(1)(1)(1)(1)(1)(1)(1)
Comprehensive income (loss):6(27)(8)20122499
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)114(9)(4)(10)(16)
Comprehensive income (loss), net of tax, attributable to parent:4(16)(4)1191482

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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