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
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments129115231134
Cash and cash equivalents129115231134
Restricted cash and investments4432
Receivables57514944
Inventory, net of allowances, customer advances and progress billings18151312
Inventory18151312
Prepaid expense24232220
Assets held-for-sale, not part of disposal group3220419
Other undisclosed current assets18342019
Total current assets:282262342250
Noncurrent Assets
Operating lease, right-of-use asset13
Property, plant and equipment3,0623,0122,5422,438
Long-term investments and receivables991011
Long-term investments991011
Intangible assets, net (including goodwill)304313324345
Goodwill196196196196
Intangible assets, net (excluding goodwill)109117128149
Other noncurrent assets87907560
Deferred tax assets, net112132244
Other undisclosed noncurrent assets357212194179
Total noncurrent assets:3,8333,7483,2783,276
TOTAL ASSETS:4,1144,0103,6203,526
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities242300209200
Accounts payable34262231
Accrued liabilities201266177153
Interest and dividends payable771116
Debt34343046
Due to related parties   1
Other undisclosed current liabilities  0 
Total current liabilities:276334239247
Noncurrent Liabilities
Long-term debt and lease obligation3,0102,8212,5882,376
Long-term debt, excluding current maturities2,9992,8212,5882,376
Operating lease, liability11
Liabilities, other than long-term debt361516267
Liability, pension and other postretirement and postemployment benefits555 
Due to related parties   257
Other liabilities31101110
Other undisclosed noncurrent liabilities10231392
Total noncurrent liabilities:3,0562,8592,7432,646
Total liabilities:3,3323,1932,9822,893
Stockholders' equity
Stockholders' equity attributable to parent, including:501520382350
Additional paid in capital376362353329
Accumulated other comprehensive income (loss)(1)122
Retained earnings1241562618
Other undisclosed stockholders' equity attributable to parent1111
Stockholders' equity attributable to noncontrolling interest282297255284
Total stockholders' equity:783817637633
TOTAL LIABILITIES AND EQUITY:4,1144,0103,6203,526

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues1,8571,6811,6161,452
Revenue, net1,6811,6161,452
Cost of revenue(1,223)(870)(850)(777)
Cost of goods and services sold (746)(700)(609)
Gross profit:634811765676
Operating expenses(448)(439)(435)(366)
Operating income:186372330309
Nonoperating expense(196)(131)(134)(147)
Interest and debt expense(20)(143)(17)(7)
Income (loss) from continuing operations before equity method investments, income taxes:(30)98179155
Income from equity method investments22  
Other undisclosed income from continuing operations before income taxes20143199
Income (loss) from continuing operations before income taxes:(8)243198164
Income tax expense (benefit)2(24)(135)(8)
Net income (loss):(7)21963156
Net income (loss) attributable to noncontrolling interest3(62)(28)(64)
Net income (loss) available to common stockholders, basic:(3)1583592
Dilutive securities, effect on basic earnings per share 49(14)(0)
Net income (loss) available to common stockholders, diluted:(3)2062192

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):(7)21963156
Other comprehensive income (loss)(3)(3)(1)11
Comprehensive income (loss):(10)21762167
Comprehensive income (loss), net of tax, attributable to noncontrolling interest5(61)(27)(70)
Comprehensive income (loss), net of tax, attributable to parent:(5)1563597

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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