Rush Total Current Assets vs Cash And Equivalents Analysis

RSI Stock  USD 8.61  0.03  0.35%   
Rush Street financial indicator trend analysis is much more than just breaking down Rush Street Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rush Street Interactive is a good investment. Please check the relationship between Rush Street Total Current Assets and its Cash And Equivalents accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Total Current Assets vs Cash And Equivalents

Total Current Assets vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rush Street Interactive Total Current Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have totally related.
The correlation between Rush Street's Total Current Assets and Cash And Equivalents is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Rush Street Interactive, assuming nothing else is changed. The correlation between historical values of Rush Street's Total Current Assets and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Rush Street Interactive are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Current Assets i.e., Rush Street's Total Current Assets and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Equivalents

Most indicators from Rush Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rush Street Interactive current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
The Rush Street's current Issuance Of Capital Stock is estimated to increase to about 158.9 M, while Selling General Administrative is projected to decrease to under 75.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit156.0M177.5M196.4M120.2M
Total Revenue488.1M592.2M691.2M390.8M

Rush Street fundamental ratios Correlations

0.690.730.770.470.58-0.820.770.980.540.980.97-0.810.830.890.760.990.980.87-0.840.860.920.57-0.980.870.88
0.691.00.070.95-0.15-0.390.50.780.080.780.64-0.620.330.330.990.750.770.33-0.620.420.420.26-0.780.320.33
0.731.00.130.92-0.09-0.460.570.80.060.80.69-0.670.410.41.00.780.790.4-0.670.490.490.32-0.80.390.38
0.770.070.13-0.180.92-0.770.610.670.70.670.76-0.550.840.930.170.710.680.9-0.580.810.880.56-0.670.90.92
0.470.950.92-0.18-0.43-0.090.210.60.010.60.39-0.450.060.060.910.550.590.05-0.430.120.140.0-0.60.030.06
0.58-0.15-0.090.92-0.43-0.790.640.440.490.440.61-0.40.780.83-0.040.490.460.82-0.440.810.790.7-0.450.840.81
-0.82-0.39-0.46-0.77-0.09-0.79-0.96-0.71-0.21-0.71-0.890.59-0.94-0.91-0.49-0.76-0.74-0.920.64-0.98-0.93-0.870.72-0.95-0.83
0.770.50.570.610.210.64-0.960.670.00.670.88-0.670.890.820.60.720.690.85-0.710.950.880.87-0.680.870.73
0.980.780.80.670.60.44-0.710.670.581.00.9-0.80.70.790.830.991.00.75-0.810.770.820.49-1.00.750.79
0.540.080.060.70.010.49-0.210.00.580.580.36-0.350.270.490.10.560.560.4-0.350.290.430.01-0.570.390.6
0.980.780.80.670.60.44-0.710.671.00.580.9-0.80.70.790.830.991.00.75-0.810.770.820.49-1.00.750.79
0.970.640.690.760.390.61-0.890.880.90.360.9-0.810.920.930.730.940.920.93-0.840.920.960.66-0.90.930.88
-0.81-0.62-0.67-0.55-0.45-0.40.59-0.67-0.8-0.35-0.8-0.81-0.64-0.68-0.7-0.81-0.8-0.691.0-0.72-0.72-0.510.79-0.67-0.67
0.830.330.410.840.060.78-0.940.890.70.270.70.92-0.640.970.450.760.740.99-0.690.930.960.76-0.70.980.84
0.890.330.40.930.060.83-0.910.820.790.490.790.93-0.680.970.450.840.810.99-0.720.930.980.69-0.780.990.93
0.760.991.00.170.91-0.04-0.490.60.830.10.830.73-0.70.450.450.810.820.44-0.70.520.530.35-0.830.430.42
0.990.750.780.710.550.49-0.760.720.990.560.990.94-0.810.760.840.810.990.81-0.830.810.870.52-0.990.80.84
0.980.770.790.680.590.46-0.740.691.00.561.00.92-0.80.740.810.820.990.78-0.810.790.840.53-0.990.770.79
0.870.330.40.90.050.82-0.920.850.750.40.750.93-0.690.990.990.440.810.78-0.730.940.980.72-0.751.00.91
-0.84-0.62-0.67-0.58-0.43-0.440.64-0.71-0.81-0.35-0.81-0.841.0-0.69-0.72-0.7-0.83-0.81-0.73-0.76-0.76-0.560.81-0.71-0.7
0.860.420.490.810.120.81-0.980.950.770.290.770.92-0.720.930.930.520.810.790.94-0.760.950.87-0.780.950.87
0.920.420.490.880.140.79-0.930.880.820.430.820.96-0.720.960.980.530.870.840.98-0.760.950.69-0.820.990.95
0.570.260.320.560.00.7-0.870.870.490.010.490.66-0.510.760.690.350.520.530.72-0.560.870.69-0.50.740.52
-0.98-0.78-0.8-0.67-0.6-0.450.72-0.68-1.0-0.57-1.0-0.90.79-0.7-0.78-0.83-0.99-0.99-0.750.81-0.78-0.82-0.5-0.75-0.79
0.870.320.390.90.030.84-0.950.870.750.390.750.93-0.670.980.990.430.80.771.0-0.710.950.990.74-0.750.92
0.880.330.380.920.060.81-0.830.730.790.60.790.88-0.670.840.930.420.840.790.91-0.70.870.950.52-0.790.92
Click cells to compare fundamentals

Rush Street Account Relationship Matchups

Rush Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.5M308.6M408.7M350.3M318.6M260.3M
Other Current Liab5.7M388.6M75.5M111.9M97.7M125.2M
Total Current Liabilities26.1M401.0M83.9M143.9M137.7M147.1M
Total Stockholder Equity(3.4M)(22.5M)85.4M56.0M53.8M30.6M
Other Liab2.8M173.9M15.9M14.2M16.3M15.5M
Net Tangible Assets(10.3M)(71.5M)77.4M56.0M64.5M67.7M
Retained Earnings(3.4M)(45.1M)(81.4M)(120.0M)(138.3M)(131.4M)
Accounts Payable707K12.0M6.5M29.8M32.3M34.0M
Cash6.9M255.6M281.0M179.7M171.0M164.2M
Other Assets753K1.2M67.0M5.2M1.00.95
Cash And Short Term Investments6.9M255.6M281.0M179.7M171.0M164.2M
Net Receivables5.0M29.5M34.0M47.1M44.0M29.4M
Common Stock Shares Outstanding28.8M52.2M57.4M63.5M68.5M63.4M
Liabilities And Stockholders Equity25.5M308.6M408.7M350.3M318.6M260.3M
Other Current Assets1.7M2.9M7.4M11.3M13.7M7.1M
Other Stockholder Equity(1.7M)22.6M167.3M177.7M192.2M102.3M
Total Liab28.9M405.8M101.0M159.5M152.5M157.4M
Total Current Assets17.2M294.5M341.8M264.5M228.6M211.1M
Cash And Equivalents6.9M255.6M281.0M179.7M206.7M159.4M
Short Term Debt19.6M226K509K722K621K590.0K
Intangible Assets7.0M9.8M53.4M69.0M74.9M39.7M
Property Plant Equipment581K3.1M8.8M11.6M13.4M14.0M

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rush Street Interactive. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Rush Stock analysis

When running Rush Street's price analysis, check to measure Rush Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rush Street is operating at the current time. Most of Rush Street's value examination focuses on studying past and present price action to predict the probability of Rush Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rush Street's price. Additionally, you may evaluate how the addition of Rush Street to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Rush Street's industry 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
(0.17)
Revenue Per Share
10.481
Quarterly Revenue Growth
0.888
Return On Assets
(0.05)
Return On Equity
(0.22)
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.