Rush Net Tangible Assets from 2010 to 2024

RSI Stock  USD 13.41  0.27  2.05%   
Rush Street's Net Tangible Assets are increasing with slightly volatile movements from year to year. Net Tangible Assets are estimated to finish at about 67.7 M this year. Net Tangible Assets is the total assets of Rush Street Interactive minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
64.5 M
Current Value
67.7 M
Quarterly Volatility
39.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rush Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rush Street's main balance sheet or income statement drivers, such as Interest Income of 691.9 K, Interest Expense of 2.9 M or Selling General Administrative of 75.9 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0044 or PTB Ratio of 6.01. Rush financial statements analysis is a perfect complement when working with Rush Street Valuation or Volatility modules.
  
Check out the analysis of Rush Street Correlation against competitors.

Latest Rush Street's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Rush Street Interactive over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Rush Street's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rush Street's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Rush Net Tangible Assets Regression Statistics

Arithmetic Mean9,142,873
Coefficient Of Variation434.37
Mean Deviation30,537,013
Median(5,178,000)
Standard Deviation39,713,625
Sample Variance1577.2T
Range149M
R-Value0.54
Mean Square Error1194.1T
R-Squared0.30
Significance0.04
Slope4,839,060
Total Sum of Squares22080.4T

Rush Net Tangible Assets History

202467.7 M
202364.5 M
202256 M
202177.4 M
2020-71.5 M
2019-10.3 M

About Rush Street Financial Statements

Investors use fundamental indicators, such as Rush Street's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Rush Street's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Tangible Assets64.5 M67.7 M

Currently Active Assets on Macroaxis

When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:
Check out the analysis of Rush Street Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rush Street. If investors know Rush will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
11.124
Quarterly Revenue Growth
0.888
Return On Assets
0.016
Return On Equity
(0.03)
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rush Street's market value can be influenced by many factors that don't directly affect Rush Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.