The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Codere Online Luxembourg's current ratio for the quarter that ended in Dec. 2025 was 1.37.
Codere Online Luxembourg has a current ratio of 1.37. It generally indicates good short-term financial strength.
The historical rank and industry rank for Codere Online Luxembourg's Current Ratio or its related term are showing as below:
MEX:CDRON'
s Current Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.31 Max: 3.31
Current: 1.37
During the past 8 years, Codere Online Luxembourg's highest Current Ratio was 3.31. The lowest was 0.47. And the median was 1.31.
MEX:CDRON's Current Ratio is ranked worse than 50.29% of 857
companies
in the Travel & Leisure industry
Industry Median: 1.39
vs MEX:CDRON: 1.37
Codere Online Luxembourg (MEX:CDRON) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Codere Online Luxembourg Current Ratio Related Terms
Codere Online Luxembourg Current Ratio Historical Data
* 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.
MEX:CDRON vs INSE, GAMB, ROLR: Current Ratio Comparison
For the Gambling subindustry, Codere Online Luxembourg's Current Ratio, along with its competitors' market caps and Current 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.
Codere Online Luxembourg Current Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Current Ratio distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg's Current 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.
Codere Online Luxembourg (MEX:CDRON) has a Current Ratio of 1.37 as of Dec. 2025. This is near median its historical median of 1.31. Over the past decade, Codere Online Luxembourg's Current Ratio has ranged from 0.47 to 3.31. According to the industry distribution chart, Codere Online Luxembourg ranks #431 out of 857 companies in the Travel & Leisure industry, placing it in the top 50.3%.
Is Codere Online Luxembourg's Current Ratio too high?
Codere Online Luxembourg's current Current Ratio of 1.37 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.31. The Travel & Leisure industry median Current Ratio is 1.39. Codere Online Luxembourg's value of 1.37 is 1.4% below this industry median. Based on the distribution chart, Codere Online Luxembourg ranks #431 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Codere Online Luxembourg has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Current Ratio compare to INSE and GAMB?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #431 out of 857 companies for Current Ratio. This places Codere Online Luxembourg in the lower half of its industry. The industry median Current Ratio is 1.39. Codere Online Luxembourg's value of 1.37 is 1.4% below this benchmark. Historically, Codere Online Luxembourg's own Current Ratio has ranged from 0.47 to 3.31 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.39, Codere Online Luxembourg 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 Current Ratio for a Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.39, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Codere Online Luxembourg's current Current Ratio of 1.37 is 1.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Current Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Codere Online Luxembourg's current Current Ratio is 1.37, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Codere Online Luxembourg (MEX:CDRON) has a current Current Ratio of 1.37. The stock's GF Value™ is MXN144.85, compared to a current price of MXN155.00 — trading 7% above its estimated fair value. The current Current Ratio is 1.37, which is near median its 10-year median of 1.31 and 1.4% below the Travel & Leisure industry median of 1.39. Codere Online Luxembourg's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Codere Online Luxembourg (MEX:CDRON), the current Current Ratio is 1.37 as of Dec. 2025. 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 Codere Online Luxembourg (MEX:CDRON) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of MXN155.00 is trading 7% above its estimated GF Value™ of MXN144.85.
Key valuation signals for MEX:CDRON:
Current Ratio: 1.37 (near median its 10-year median of 1.31)
GF Value™: MXN144.85 vs. price of MXN155.00 (7% above fair value)
Industry Position: 1.4% below the Travel & Leisure median (#431 of 857)
No single metric tells the full story. See the MEX:CDRON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
74GF Score
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