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RSI (Rush Street Interactive) Return-on-Tangible-Equity : 951.52% (As of Mar. 2025)


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What is Rush Street Interactive Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Rush Street Interactive's annualized net income for the quarter that ended in Mar. 2025 was $21.3 Mil. Rush Street Interactive's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $2.2 Mil. Therefore, Rush Street Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 951.52%.

The historical rank and industry rank for Rush Street Interactive's Return-on-Tangible-Equity or its related term are showing as below:

RSI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -405.02   Med: -405.02   Max: -405.02
Current: Negative Tangible Equity

During the past 6 years, Rush Street Interactive's highest Return-on-Tangible-Equity was -405.02%. The lowest was -405.02%. And the median was -405.02%.

RSI's Return-on-Tangible-Equity is ranked better than
99.6% of 758 companies
in the Travel & Leisure industry
Industry Median: 7.295 vs RSI: Negative Tangible Equity

Rush Street Interactive Return-on-Tangible-Equity Historical Data

The historical data trend for Rush Street Interactive's Return-on-Tangible-Equity can be seen below:

* 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.

* Premium members only.

Rush Street Interactive Return-on-Tangible-Equity Chart

Rush Street Interactive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Negative Tangible Equity - -405.02 - Negative Tangible Equity

Rush Street Interactive Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - Negative Tangible Equity Negative Tangible Equity 951.52

Competitive Comparison of Rush Street Interactive's Return-on-Tangible-Equity

For the Gambling subindustry, Rush Street Interactive's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Rush Street Interactive's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rush Street Interactive's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Rush Street Interactive's Return-on-Tangible-Equity falls into.


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Rush Street Interactive Return-on-Tangible-Equity Calculation

Rush Street Interactive's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2.388/( (-21.106+1.331 )/ 2 )
=2.388/-9.8875
=Negative Tangible Equity %

Rush Street Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=21.276/( (1.331+3.141)/ 2 )
=21.276/2.236
=951.52 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Rush Street Interactive  (NYSE:RSI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Rush Street Interactive Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Rush Street Interactive's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Rush Street Interactive Business Description

Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Suite 950, Chicago, IL, USA, 60611
Rush Street Interactive Inc is an online gaming and entertainment company that focuses on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.
Executives
Mattias Stetz officer: Chief Operating Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611
Einar Roosileht officer: Chief Information Officer C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Richard Todd Schwartz officer: President C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Kyle Sauers officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Paul Wierbicki 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
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
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
James Alan Gordon 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