Churchill Downs Incorporated (CHDN) — Defensive Interval Ratio
Churchill Downs Incorporated (CHDN) has a Defensive Interval Ratio of 55 days as of December 2025. Defensive assets of $110.50 Million (cash $-, short-term investments $-, receivables $110.50 Million) cover 55 days of daily cash needs of $2.01 Million/day. Check tangible net worth ratio of Churchill Downs Incorporated to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Churchill Downs Incorporated Defensive Interval Ratio (1993–2025)
This chart shows how Churchill Downs Incorporated's Defensive Interval Ratio has evolved across 33 annual periods from 1993 to 2025. As of December 2025, the ratio stands at 55 days, meaning defensive assets of $110.50 Million can fund 55 days of operations without new revenue. Also explore Churchill Downs Incorporated annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Churchill Downs Incorporated (1993–2025)
The table below presents the year-by-year Defensive Interval Ratio for Churchill Downs Incorporated from 1993 to 2025, covering 33 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Churchill Downs Incorporated (CHDN) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 55 days | $110.50 Million | $2.01 Million/day | $- | $- | ▼ -2 days |
| 2024 | 57 days | $113.20 Million | $2.00 Million/day | $- | $- | ▼ -1 days |
| 2023 | 58 days | $119.50 Million | $2.07 Million/day | $- | $- | ▲ +2 days |
| 2022 | 56 days | $95.50 Million | $1.70 Million/day | $- | $- | ▼ -44 days |
| 2021 | 100 days | $108.30 Million | $1.08 Million/day | $- | $- | ▼ -516 days |
| 2020 | 616 days | $715.90 Million | $1.16 Million/day | $- | $630.00 Million | ▲ +553 days |
| 2019 | 63 days | $51.80 Million | $825.21K/day | $- | $- | ▼ -2 days |
| 2018 | 65 days | $45.80 Million | $703.01K/day | $- | $- | ▼ -29 days |
| 2017 | 94 days | $116.40 Million | $1.24 Million/day | $- | $31.20 Million | ▲ +22 days |
| 2016 | 71 days | $91.40 Million | $1.28 Million/day | $- | $13.60 Million | ▲ +19 days |
| 2015 | 52 days | $91.29 Million | $1.75 Million/day | $- | $29.69 Million | ▼ -92 days |
| 2014 | 144 days | $131.41 Million | $915.12K/day | $- | $26.07 Million | ▼ -19 days |
| 2013 | 163 days | $95.04 Million | $584.13K/day | $- | $36.07 Million | ▲ +83 days |
| 2012 | 79 days | $88.31 Million | $1.11 Million/day | $- | $38.24 Million | ▼ -127 days |
| 2011 | 206 days | $98.01 Million | $475.21K/day | $- | $44.56 Million | ▼ -1 days |
| 2010 | 207 days | $106.87 Million | $516.58K/day | $- | $61.89 Million | ▲ +72 days |
| 2009 | 135 days | $68.57 Million | $506.81K/day | $- | $35.12 Million | ▼ -65 days |
| 2008 | 200 days | $71.54 Million | $357.20K/day | $- | $13.74 Million | ▼ -14 days |
| 2007 | 215 days | $71.04 Million | $331.07K/day | $- | $11.29 Million | ▲ +21 days |
| 2006 | 193 days | $67.24 Million | $347.65K/day | $- | $12.70 Million | ▲ +47 days |
| 2005 | 146 days | $47.77 Million | $326.75K/day | $- | $4.95 Million | ▼ -41 days |
| 2004 | 187 days | $57.79 Million | $308.44K/day | $- | $7.27 Million | ▲ +53 days |
| 2003 | 134 days | $38.31 Million | $285.99K/day | $- | $1.61 Million | ▼ -27 days |
| 2002 | 161 days | $37.68 Million | $234.68K/day | $- | $3.25 Million | ▲ +10 days |
| 2001 | 151 days | $39.01 Million | $258.27K/day | $- | $10.54 Million | ▲ +14 days |
| 2000 | 137 days | $32.53 Million | $237.77K/day | $- | $- | ▼ -24 days |
| 1999 | 160 days | $24.30 Million | $151.51K/day | $- | $- | ▼ -1 days |
| 1998 | 161 days | $12.00 Million | $74.52K/day | $- | $- | ▲ +57 days |
| 1997 | 104 days | $7.10 Million | $68.22K/day | $- | $- | ▲ +28 days |
| 1996 | 77 days | $5.20 Million | $67.95K/day | $- | $- | ▲ +36 days |
| 1995 | 41 days | $2.10 Million | $51.78K/day | $- | $- | ▼ -13 days |
| 1994 | 53 days | $2.30 Million | $43.01K/day | $- | $- | ▼ -29 days |
| 1993 | 83 days | $3.70 Million | $44.66K/day | $- | $- | — |