RH, a prominent player in the housing market, is facing financial difficulties as it runs out of cash and may be at risk of collapse due to a prolonged downturn in the housing sector. This assessment follows a months-long investigation that utilized various data sources, including satellite imagery and flight records. The company's stock is currently trading at a price-to-earnings (P/E) ratio of 72x, reflecting concerns about the housing market's stability. Additionally, RH now holds the second-lowest Altman Z-score, indicating potential financial distress.