Quick Ratio Analysis of Churchill Downs Incorporated - Deep Dive


Latest FY Quick Ratio
Period Ending - Dec-23

0.428


Poor Quick Ratio
Period Ending - Dec-22
3.52

Very Good Quick Ratio
Growth
-87.84 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24

0.405


Poor Quick Ratio
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
CodePricePrevious PricePrice ChangeSector
CHDN139.85136.54 2.42 % Gambling
Fundamental AnalysisTechnical Analysis
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 Related Ratios
CurrentRatioShortTermDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Quick Ratio of Churchill Downs Incorporated
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Quick Ratio0.4283.521.110.4280.5810.7850.344
Change-87.84 %218.14 %158.69 %-26.32 %-26.05 %128.42 %-23.99 %
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FY Chart of Quick Ratio of Churchill Downs Incorporated


Note : All Data Generated at the End of Trading Hours (EOD Data)