Churchill Downs Incorporated Cash Flow-to-Debt Ratio
Churchill Downs Incorporated cash flow-to-debt ratio. Churchill Downs Incorporated (CHDN) has a Cash Flow-to-Debt Ratio of 0.04x as of June 2026, meaning its operating cash flow of $217.00 Million could theoretically repay 0% of its total liabilities ($6.13 Billion) in one year. Check CHDN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Churchill Downs Incorporated (1993–2025)
Cash flow-to-debt ratio of Churchill Downs Incorporated from 1993 to 2025. Historical debt coverage capacity for Churchill Downs Incorporated across 33 annual periods. Check Churchill Downs Incorporated (CHDN) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Churchill Downs Incorporated Cash Flow-to-Debt Ratio by Year (1993–2025)
Churchill Downs Incorporated cash flow-to-debt ratio by year from 1993 to 2025. Year-by-year debt coverage analysis for Churchill Downs Incorporated. For the full cash flow conversion analysis, see Churchill Downs Incorporated cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $769.80 Million | $6.43 Billion | ▼ -4.3% |
| 2024 | 0.13x | $772.70 Million | $6.17 Billion | ▲ +25.3% |
| 2023 | 0.10x | $605.80 Million | $6.06 Billion | ▲ +5.3% |
| 2022 | 0.09x | $536.80 Million | $5.66 Billion | ▼ -24.3% |
| 2021 | 0.13x | $335.50 Million | $2.67 Billion | ▲ +105.0% |
| 2020 | 0.06x | $141.90 Million | $2.32 Billion | ▼ -56.9% |
| 2019 | 0.14x | $289.60 Million | $2.04 Billion | ▼ -10.2% |
| 2018 | 0.16x | $197.80 Million | $1.25 Billion | ▲ +24.5% |
| 2017 | 0.13x | $218.20 Million | $1.72 Billion | ▼ -12.2% |
| 2016 | 0.14x | $226.80 Million | $1.57 Billion | ▼ -9.3% |
| 2015 | 0.16x | $264.53 Million | $1.66 Billion | ▲ +86.8% |
| 2014 | 0.09x | $141.62 Million | $1.66 Billion | ▼ -61.9% |
| 2013 | 0.22x | $144.91 Million | $647.47 Million | ▼ -27.1% |
| 2012 | 0.31x | $144.41 Million | $470.04 Million | ▼ -35.4% |
| 2011 | 0.48x | $173.18 Million | $363.99 Million | ▲ +306.6% |
| 2010 | 0.12x | $59.86 Million | $511.50 Million | ▼ -47.6% |
| 2009 | 0.22x | $71.05 Million | $318.38 Million | ▼ -30.5% |
| 2008 | 0.32x | $78.23 Million | $243.78 Million | ▲ +61.2% |
| 2007 | 0.20x | $51.23 Million | $257.26 Million | ▼ -43.8% |
| 2006 | 0.35x | $69.51 Million | $196.25 Million | ▲ +5401.0% |
| 2005 | -0.01x | $-1.32 Million | $198.31 Million | ▼ -105.6% |
| 2004 | 0.12x | $48.40 Million | $403.53 Million | ▼ -36.1% |
| 2003 | 0.19x | $47.04 Million | $250.53 Million | ▲ +24.1% |
| 2002 | 0.15x | $35.42 Million | $234.22 Million | ▼ -20.6% |
| 2001 | 0.19x | $48.31 Million | $253.48 Million | ▲ +87.2% |
| 2000 | 0.10x | $27.23 Million | $267.52 Million | ▼ -33.4% |
| 1999 | 0.15x | $39.70 Million | $259.90 Million | ▼ -30.0% |
| 1998 | 0.22x | $10.80 Million | $49.50 Million | ▼ -32.7% |
| 1997 | 0.32x | $10.50 Million | $32.40 Million | ▼ -29.4% |
| 1996 | 0.46x | $15.10 Million | $32.90 Million | ▼ -14.3% |
| 1995 | 0.54x | $16.50 Million | $30.80 Million | ▲ +32.0% |
| 1994 | 0.41x | $11.40 Million | $28.10 Million | ▼ -7.7% |
| 1993 | 0.44x | $8.70 Million | $19.80 Million | — |