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Churchill DownsFRA:CHR 82 Cash Ratio is 0.24 as of Mar. 2026, which is 4% below its 10-year median of 0.25. GuruFocus rates FRA:CHR with a GF Score™ of 82/100 and a GF Value™ of €136.31. The stock has 4 warning signs investors should review. Among 830 Travel & Leisure companies, Churchill Downs ranks worse than 72.53% on this metric.
Churchill Downs has a Cash Ratio of 0.24. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Churchill Downs's Cash Ratio or its related term are showing as below:
FRA:CHR'
s Cash Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.25 Max: 2.04
Current: 0.24
During the past 13 years, Churchill Downs's highest Cash Ratio was 2.04. The lowest was 0.09. And the median was 0.25.
FRA:CHR's Cash Ratio is ranked worse than 72.53% of 830
companies
in the Travel & Leisure industry
Industry Median: 0.55
vs FRA:CHR: 0.24
Churchill Downs (FRA:CHR) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Churchill Downs Cash Ratio Related Terms
Churchill Downs Cash Ratio Historical Data
* Premium members only.
The historical data trend for Churchill Downs's Cash Ratio 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.
For the Gambling subindustry, Churchill Downs's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Churchill Downs Cash Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Churchill Downs's Cash Ratio falls into.
* 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.
Churchill Downs (FRA:CHR) has a Cash Ratio of 0.24 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Churchill Downs and its competitors. This is near median its historical median of 0.25. Over the past decade, Churchill Downs' Cash Ratio has ranged from 0.09 to 2.04. According to the industry distribution chart, Churchill Downs ranks #602 out of 830 companies in the Travel & Leisure industry, placing it in the top 72.5%.
Is Churchill Downs' Cash Ratio too high?
Churchill Downs' current Cash Ratio of 0.24 is near median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.04. The Travel & Leisure industry median Cash Ratio is 0.55. Churchill Downs' value of 0.24 is 56.4% below this industry median. Based on the distribution chart, Churchill Downs ranks #602 out of 830 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Churchill Downs has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Cash Ratio compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #602 out of 830 companies for Cash Ratio. This places Churchill Downs in the lower half of its industry. The industry median Cash Ratio is 0.55. Churchill Downs' value of 0.24 is 56.4% below this benchmark. Historically, Churchill Downs' own Cash Ratio has ranged from 0.09 to 2.04 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.55, Churchill Downs has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Travel & Leisure company?
The median Cash Ratio among Travel & Leisure companies is 0.55, based on 830 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current Cash Ratio of 0.24 is 56.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median Cash Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Cash Ratio is 0.24, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current Cash Ratio of 0.24. The stock's GF Value™ is €136.31, compared to a current price of €71.50 — trading 47.5% below its estimated fair value. The current Cash Ratio is 0.24, which is near median its 10-year median of 0.25 and 56.4% below the Travel & Leisure industry median of 0.55. Churchill Downs' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current Cash Ratio is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €71.50 is trading 47.5% below its estimated GF Value™ of €136.31.
Key valuation signals for FRA:CHR:
Cash Ratio: 0.24 (near median its 10-year median of 0.25)
GF Value™: €136.31 vs. price of €71.50 (47.5% below fair value)
Industry Position: 56.4% below the Travel & Leisure median (#602 of 830)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
82GF Score
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