Churchill Downs (XTER:CHR) LT-Debt-to-Total-Asset: 0.65 (As of Mar. 2026)

What is Churchill Downs LT-Debt-to-Total-Asset?

Churchill Downs XTER:CHR -0.66% 62 LT-Debt-to-Total-Asset is 0.65 as of Mar. 2026. 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.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Churchill Downs's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.65.

Churchill Downs's long-term debt to total assets ratio declined from Mar. 2025 (0.66) to Mar. 2026 (0.65). It may suggest that Churchill Downs is progressively becoming less dependent on debt to grow their business.

Churchill Downs (XTER:CHR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Churchill Downs LT-Debt-to-Total-Asset Related Terms

Churchill Downs LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Churchill Downs's LT-Debt-to-Total-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.

Churchill Downs LT-Debt-to-Total-Asset Chart

Churchill Downs Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.66

0.73

0.69

0.67

0.68

Churchill Downs Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.66	0.67	0.68	0.68	0.65

62GF Score

Churchill Downs Inc XTER:CHR

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Churchill Downs LT-Debt-to-Total-Asset Calculation

Churchill Downs's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	4327.303	/	6391.763
	=	0.68

Churchill Downs's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	4208.225	/	6474.525
	=	0.65

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.65 mean?

Churchill Downs (XTER:CHR) has a LT-Debt-to-Total-Asset of 0.65 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Churchill Downs and its competitors.

Is Churchill Downs' LT-Debt-to-Total-Asset too high?

Churchill Downs' current LT-Debt-to-Total-Asset is 0.65. 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' LT-Debt-to-Total-Asset compare to ?

Churchill Downs' LT-Debt-to-Total-Asset of 0.65 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?

A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Churchill Downs and its competitors. Churchill Downs's current LT-Debt-to-Total-Asset is 0.65. 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 LT-Debt-to-Total-Asset is 0.65. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Churchill Downs (XTER:CHR), the current LT-Debt-to-Total-Asset is 0.65 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:

LT-Debt-to-Total-Asset: 0.65
GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
GF Score™: 62/100 with 4 warning signs

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

Industry Consumer Cyclical Travel & Leisure

Comparable Companies

Other Exchanges CHDN:USA C2HD34:Brazil

Address 600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222

Website https://www.churchilldownsincorporated.com

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

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€75.50

Price

€137.17

GF Value

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