Churchill Downs Incorporated (CHDN) — Cash Flow-to-Debt Ratio
Churchill Downs Incorporated (CHDN) has a Cash Flow-to-Debt Ratio of 0.01x as of December 2025, meaning its operating cash flow of $96.00 Million could theoretically repay 0% of its total liabilities ($6.43 Billion) in one year. See Churchill Downs Incorporated free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Churchill Downs Incorporated Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for Churchill Downs Incorporated across 33 annual periods. Also explore how fast is Churchill Downs Incorporated growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Churchill Downs Incorporated (1993–2025)
Year-by-year debt coverage analysis for Churchill Downs Incorporated. For market capitalisation and broader financial context, see CHDN market cap.
| 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 | — |