Quick Ratio Analysis of Churchill Downs Incorporated - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.428
Period Ending - Dec-22
Very Good Quick Ratio
3.52
Growth
-87.84 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Poor Quick Ratio
0.405
Quick Ratio Analysis of Churchill Downs Incorporated
Quick Ratio of Churchill Downs Incorporated with value of 0.428 indicates company has highly illiquid balance sheet ro pay its obligations. |
Quick Ratio of Churchill Downs Incorporated with value of 0.405 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
Quick Ratio of CHDN drastically fell by -87.84 % this year. |
Quick Ratio with value of 3.52 was highest in Year Dec-22 in last Five Years. |
Quick Ratio with value of 0.428 was lowest in Year Dec-20 in last Five Years. |
Latest Quick Ratio with value of 0.428 is lower than Average Quick Ratio of 1.21 in last five years. |
Other Quick Ratio Related Info of CHDN that may interest you.
Churchill Downs Incorporated Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CHDN | 139.85 | 136.54 | 2.42 % | Gambling |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..![Quick Ratio Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Quick Ratio of Churchill Downs Incorporated
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.428 | 3.52 | 1.11 | 0.428 | 0.581 | 0.785 | 0.344 |
Change | -87.84 % | 218.14 % | 158.69 % | -26.32 % | -26.05 % | 128.42 % | -23.99 % |
FY Chart of Quick Ratio of Churchill Downs Incorporated
Note : All Data Generated at the End of Trading Hours (EOD Data)