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Churchill DownsFRA:CHR 76 Equity-to-Asset is 0.18 as of Jun. 2026, which is 29% above its 10-year median of 0.14. GuruFocus rates FRA:CHR with a GF Score™ of 76/100 and a GF Value™ of €121.92. The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Churchill Downs ranks worse than 83.66% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Churchill Downs's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €1,164 Mil. Churchill Downs's Total Assets for the quarter that ended in Jun. 2026 was €6,528 Mil.
Therefore, Churchill Downs's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.18.
The historical rank and industry rank for Churchill Downs's Equity-to-Asset or its related term are showing as below:
FRA:CHR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.14 Max: 0.31
Current: 0.18
During the past 13 years, the highest Equity to Asset Ratio of Churchill Downs was 0.31. The lowest was 0.07. And the median was 0.14.
FRA:CHR's Equity-to-Asset is ranked worse than 83.66% of 857
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs FRA:CHR: 0.18
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Churchill Downs Equity-to-Asset Related Terms
Churchill Downs Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Churchill Downs's Equity-to-Asset 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.
FRA:CHR vs LNWO, SGHC, RSI: Equity-to-Asset Comparison
For the Gambling subindustry, Churchill Downs's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Churchill Downs's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Churchill Downs's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.18 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Churchill Downs and its competitors. This is 29% above median its historical median of 0.14. Over the past decade, Churchill Downs' Equity-to-Asset has ranged from 0.07 to 0.31. According to the industry distribution chart, Churchill Downs ranks #717 out of 857 companies in the Travel & Leisure industry, placing it in the top 83.7%.
Is Churchill Downs' Equity-to-Asset too high?
Churchill Downs' current Equity-to-Asset of 0.18 is 29% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.31. The Travel & Leisure industry median Equity-to-Asset is 0.51. Churchill Downs' value of 0.18 is 64.7% below this industry median. Based on the distribution chart, Churchill Downs ranks #717 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 76/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Equity-to-Asset compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #717 out of 857 companies for Equity-to-Asset. This places Churchill Downs in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Churchill Downs' value of 0.18 is 64.7% below this benchmark. Historically, Churchill Downs' own Equity-to-Asset has ranged from 0.07 to 0.31 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.51, 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 Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current Equity-to-Asset of 0.18 is 64.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Equity-to-Asset is 0.18, which is 29% above median its own 10-year median of 0.14. 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 Equity-to-Asset of 0.18. The stock's GF Value™ is €121.92, compared to a current price of €74.50 — trading 38.9% below its estimated fair value. The current Equity-to-Asset is 0.18, which is 29% above median its 10-year median of 0.14 and 64.7% below the Travel & Leisure industry median of 0.51. Churchill Downs' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current Equity-to-Asset is 0.18 as of Jun. 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 €74.50 is trading 38.9% below its estimated GF Value™ of €121.92.
Key valuation signals for FRA:CHR:
Equity-to-Asset: 0.18 (29% above median its 10-year median of 0.14)
GF Value™: €121.92 vs. price of €74.50 (38.9% below fair value)
Industry Position: 64.7% below the Travel & Leisure median (#717 of 857)
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.
76GF Score
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