Churchill Downs (XTER:CHR) Current Ratio: 0.54 (As of Mar. 2026) — 10% Below Median


XTER:CHR Churchill Downs Inc XTER:CHR
62 GF Score
Price €75.50
GF Value €137.17
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Churchill Downs Current Ratio?

Churchill Downs XTER:CHR -0.66% 62 Current Ratio is 0.54 as of Mar. 2026, which is 10% below its 10-year median of 0.60. GuruFocus rates XTER:CHR with a GF Score™ of 62/100 and a GF Value™ of €137.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Churchill Downs ranks worse than 84.83% on this metric.

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. Churchill Downs's current ratio for the quarter that ended in Mar. 2026 was 0.54.

Churchill Downs has a current ratio of 0.54. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Churchill Downs has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Churchill Downs's Current Ratio or its related term are showing as below:

XTER:CHR' s Current Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.6   Max: 3.79
Current: 0.54

During the past 13 years, Churchill Downs's highest Current Ratio was 3.79. The lowest was 0.47. And the median was 0.60.

XTER:CHR's Current Ratio is ranked worse than
84.83% of 857 companies
in the Travel & Leisure industry
Industry Median: 1.39 vs XTER:CHR: 0.54

Churchill Downs  (XTER:CHR) 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.


Churchill Downs Current Ratio Related Terms


Churchill Downs Current Ratio Historical Data

* Premium members only.

The historical data trend for Churchill Downs's Current 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.

Churchill Downs Current Ratio Chart

Churchill Downs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.55 0.53 0.57 0.60

Churchill Downs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.60 0.57 0.60 0.54

XTER:CHR vs : Current Ratio Comparison

For the Gambling subindustry, Churchill Downs'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.


Churchill Downs Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Current Ratio distribution charts can be found below:

* The bar in red indicates where Churchill Downs's Current Ratio falls into.


XTER:CHR
62GF Score
Churchill Downs Inc XTER:CHR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Churchill Downs Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Churchill Downs's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=378.493/626.238
=0.60

Churchill Downs's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=390.98/723.14
=0.54

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.54 mean?
Churchill Downs (XTER:CHR) has a Current Ratio of 0.54 as of Mar. 2026. This is 10% below median its historical median of 0.60. Over the past decade, Churchill Downs' Current Ratio has ranged from 0.47 to 3.79. According to the industry distribution chart, Churchill Downs ranks #727 out of 857 companies in the Travel & Leisure industry, placing it in the top 84.8%.
Is Churchill Downs' Current Ratio too high?
Churchill Downs' current Current Ratio of 0.54 is 10% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.79. The Travel & Leisure industry median Current Ratio is 1.39. Churchill Downs' value of 0.54 is 61.2% below this industry median. Based on the distribution chart, Churchill Downs ranks #727 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Churchill Downs has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Current Ratio compare to ?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #727 out of 857 companies for Current Ratio. This places Churchill Downs in the lower half of its industry. The industry median Current Ratio is 1.39. Churchill Downs' value of 0.54 is 61.2% below this benchmark. Historically, Churchill Downs' own Current Ratio has ranged from 0.47 to 3.79 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.39, 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 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. Churchill Downs's current Current Ratio of 0.54 is 61.2% 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. Churchill Downs's current Current Ratio is 0.54, which is 10% below median its own 10-year median of 0.60. 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?
Based on GuruFocus' analysis, Churchill Downs (XTER:CHR) is currently considered Possible Value Trap. The stock's GF Value™ is €137.17, compared to a current price of €75.50 — trading 45% below its estimated fair value. The current Current Ratio is 0.54, which is 10% below median its 10-year median of 0.60 and 61.2% below the Travel & Leisure industry median of 1.39. Churchill Downs' overall GF Score™ is 62/100 with 4 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 Churchill Downs (XTER:CHR), the current Current Ratio is 0.54 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 (XTER:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued. The current stock price of €75.50 is trading 45% below its estimated GF Value™ of €137.17. GuruFocus considers Churchill Downs to be Possible Value Trap.

Key valuation signals for XTER:CHR:

  • Current Ratio: 0.54 (10% below median its 10-year median of 0.60)
  • GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 61.2% below the Travel & Leisure median (#727 of 857)

No single metric tells the full story. See the XTER:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Churchill Downs Business Description

Comparable Companies
Other Exchanges CHDN:USAC2HD34:Brazil
Address 600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
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.
62GF Score

Get the complete analysis for XTER:CHR

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€75.50
Price
€137.17
GF Value