Churchill Downs Incorporated (CHDN) — Net Asset Quality Index
Churchill Downs Incorporated (CHDN) has a Net Asset Quality Index of 14.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $7.48 Billion minus total liabilities of $6.43 Billion yields net assets of $1.06 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check financial resilience of Churchill Downs Incorporated to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Churchill Downs Incorporated Net Asset Quality Index Over Time (1993–2025)
This chart shows how Churchill Downs Incorporated's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of December 2025, the index stands at 14.1%, representing net assets of $1.06 Billion against total assets of $7.48 Billion USD. See CHDN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Churchill Downs Incorporated (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Churchill Downs Incorporated from 1993 to 2025, covering 33 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Churchill Downs Incorporated market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 14.1% | $1.06 Billion | $7.48 Billion | $6.43 Billion | ▼ -1.1 pp |
| 2024 | 15.2% | $1.10 Billion | $7.28 Billion | $6.17 Billion | ▲ +2.3 pp |
| 2023 | 12.8% | $893.60 Million | $6.96 Billion | $6.06 Billion | ▲ +4.0 pp |
| 2022 | 8.9% | $551.50 Million | $6.21 Billion | $5.66 Billion | ▼ -1.4 pp |
| 2021 | 10.3% | $306.80 Million | $2.98 Billion | $2.67 Billion | ▼ -3.4 pp |
| 2020 | 13.7% | $367.10 Million | $2.69 Billion | $2.32 Billion | ▼ -6.4 pp |
| 2019 | 20.0% | $511.00 Million | $2.55 Billion | $2.04 Billion | ▼ -7.4 pp |
| 2018 | 27.4% | $473.30 Million | $1.73 Billion | $1.25 Billion | ▲ +0.3 pp |
| 2017 | 27.1% | $640.30 Million | $2.36 Billion | $1.72 Billion | ▼ -3.2 pp |
| 2016 | 30.4% | $685.00 Million | $2.25 Billion | $1.57 Billion | ▲ +3.3 pp |
| 2015 | 27.1% | $617.20 Million | $2.28 Billion | $1.66 Billion | ▼ -2.6 pp |
| 2014 | 29.7% | $700.00 Million | $2.36 Billion | $1.66 Billion | ▼ -22.5 pp |
| 2013 | 52.1% | $704.79 Million | $1.35 Billion | $647.47 Million | ▼ -5.7 pp |
| 2012 | 57.8% | $644.29 Million | $1.11 Billion | $470.04 Million | ▼ -3.8 pp |
| 2011 | 61.6% | $584.03 Million | $948.02 Million | $363.99 Million | ▲ +11.9 pp |
| 2010 | 49.7% | $506.21 Million | $1.02 Billion | $511.50 Million | ▼ -6.4 pp |
| 2009 | 56.1% | $407.02 Million | $725.40 Million | $318.38 Million | ▼ -5.7 pp |
| 2008 | 61.8% | $393.89 Million | $637.67 Million | $243.78 Million | ▲ +2.9 pp |
| 2007 | 58.8% | $367.56 Million | $624.82 Million | $257.26 Million | ▼ -5.3 pp |
| 2006 | 64.1% | $350.08 Million | $546.33 Million | $196.25 Million | ▲ +2.6 pp |
| 2005 | 61.5% | $316.23 Million | $514.54 Million | $198.31 Million | ▲ +24.3 pp |
| 2004 | 37.1% | $238.43 Million | $641.96 Million | $403.53 Million | ▼ -13.3 pp |
| 2003 | 50.4% | $254.98 Million | $505.51 Million | $250.53 Million | ▲ +0.4 pp |
| 2002 | 50.1% | $235.00 Million | $469.21 Million | $234.22 Million | ▲ +3.9 pp |
| 2001 | 46.2% | $217.24 Million | $470.71 Million | $253.48 Million | ▲ +3.1 pp |
| 2000 | 43.1% | $202.49 Million | $470.00 Million | $267.52 Million | ▲ +8.4 pp |
| 1999 | 34.7% | $138.10 Million | $398.00 Million | $259.90 Million | ▼ -22.1 pp |
| 1998 | 56.8% | $65.20 Million | $114.70 Million | $49.50 Million | ▼ -5.4 pp |
| 1997 | 62.2% | $53.40 Million | $85.80 Million | $32.40 Million | ▲ +3.0 pp |
| 1996 | 59.2% | $47.80 Million | $80.70 Million | $32.90 Million | ▼ -1.0 pp |
| 1995 | 60.3% | $46.70 Million | $77.50 Million | $30.80 Million | ▲ +0.3 pp |
| 1994 | 60.0% | $42.10 Million | $70.20 Million | $28.10 Million | ▼ -5.2 pp |
| 1993 | 65.1% | $37.00 Million | $56.80 Million | $19.80 Million | — |