Churchill DownsXTER:CHR -0.66%62 Quick Ratio is 0.53 as of Mar. 2026, which is 10% below its 10-year median of 0.59. 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 79.93% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Churchill Downs's quick ratio for the quarter that ended in Mar. 2026 was 0.53.
Churchill Downs has a quick ratio of 0.53. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Churchill Downs's Quick Ratio or its related term are showing as below:
XTER:CHR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.59 Max: 3.79
Current: 0.53
During the past 13 years, Churchill Downs's highest Quick Ratio was 3.79. The lowest was 0.47. And the median was 0.59.
XTER:CHR's Quick Ratio is ranked worse than 79.93% of 857
companies
in the Travel & Leisure industry
Industry Median: 1.14
vs XTER:CHR: 0.53
Churchill Downs (XTER:CHR) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Churchill Downs Quick Ratio Related Terms
Churchill Downs Quick Ratio Historical Data
* Premium members only.
The historical data trend for Churchill Downs's Quick 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 Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Churchill Downs's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Churchill Downs's Quick 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 (XTER:CHR) has a Quick Ratio of 0.53 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Churchill Downs and its competitors. This is 10% below median its historical median of 0.59. Over the past decade, Churchill Downs' Quick Ratio has ranged from 0.47 to 3.79. According to the industry distribution chart, Churchill Downs ranks #685 out of 857 companies in the Travel & Leisure industry, placing it in the top 79.9%.
Is Churchill Downs' Quick Ratio too high?
Churchill Downs' current Quick Ratio of 0.53 is 10% below median its 10-year median of 0.59. 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 Quick Ratio is 1.14. Churchill Downs' value of 0.53 is 53.5% below this industry median. Based on the distribution chart, Churchill Downs ranks #685 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' Quick Ratio compare to ?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #685 out of 857 companies for Quick Ratio. This places Churchill Downs in the lower half of its industry. The industry median Quick Ratio is 1.14. Churchill Downs' value of 0.53 is 53.5% below this benchmark. Historically, Churchill Downs' own Quick Ratio has ranged from 0.47 to 3.79 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.14, 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 Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current Quick Ratio of 0.53 is 53.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current Quick Ratio is 0.53, which is 10% below median its own 10-year median of 0.59. 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 Quick Ratio is 0.53, which is 10% below median its 10-year median of 0.59 and 53.5% below the Travel & Leisure industry median of 1.14. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Churchill Downs (XTER:CHR), the current Quick Ratio is 0.53 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:
Quick Ratio: 0.53 (10% below median its 10-year median of 0.59)
GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
Industry Position: 53.5% below the Travel & Leisure median (#685 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 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
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTER:CHR has been successfully added to your 
