Churchill Downs Incorporated
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Chur… Read more
Churchill Downs Incorporated (CHDN) - Total Assets
Latest total assets as of December 2025: $7.48 Billion USD
Based on the latest financial reports, Churchill Downs Incorporated (CHDN) holds total assets worth $7.48 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Churchill Downs Incorporated - Total Assets Trend (1993–2025)
This chart illustrates how Churchill Downs Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Churchill Downs Incorporated - Asset Composition Analysis
Current Asset Composition (December 2025)
Churchill Downs Incorporated's total assets of $7.48 Billion consist of 5.9% current assets and 94.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.9% |
| Accounts Receivable | $110.50 Million | 1.5% |
| Inventory | $11.90 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.52 Billion | 33.6% |
| Goodwill | $900.20 Million | 12.0% |
Asset Composition Trend (1993–2025)
This chart illustrates how Churchill Downs Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Churchill Downs Incorporated's current assets represent 5.9% of total assets in 2025, a decrease from 27.3% in 1993.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2025, down from 19.5% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 45.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is intangible assets at 33.6% of total assets.
Churchill Downs Incorporated Competitors by Total Assets
Key competitors of Churchill Downs Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RGB International Bhd
KLSE:0037
|
Malaysia | RM624.78 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
Germany | €359.28 Billion |
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM547.13 Million |
|
Magnum Bhd
KLSE:3859
|
Malaysia | RM3.56 Billion |
|
bet-at-home.com AG
F:ACX
|
Germany | €52.41 Million |
|
Tiga Gaming Inc.
TWO:6536
|
Taiwan | NT$153.65 Million |
|
Apple iSports Group Inc
OTCQB:AAPI
|
USA | $360.30K |
|
Accel Entertainment Inc
NYSE:ACEL
|
USA | $1.13 Billion |
Churchill Downs Incorporated - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Churchill Downs Incorporated generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Churchill Downs Incorporated generates $5.07 in net profit.
Churchill Downs Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.60 | 0.57 | 1.14 |
| Quick Ratio | 0.59 | 0.55 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-290.10 Million | $ -317.00 Million | $ 41.60 Million |
Churchill Downs Incorporated - Advanced Valuation Insights
This section examines the relationship between Churchill Downs Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.93 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | 2.9% |
| Total Assets | $7.48 Billion |
| Market Capitalization | $5.65 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Churchill Downs Incorporated's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Churchill Downs Incorporated's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Churchill Downs Incorporated (1993–2025)
The table below shows the annual total assets of Churchill Downs Incorporated from 1993 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $7.48 Billion | +2.87% |
| 2024-12-31 | $7.28 Billion | +4.61% |
| 2023-12-31 | $6.96 Billion | +12.06% |
| 2022-12-31 | $6.21 Billion | +108.17% |
| 2021-12-31 | $2.98 Billion | +10.99% |
| 2020-12-31 | $2.69 Billion | +5.31% |
| 2019-12-31 | $2.55 Billion | +47.87% |
| 2018-12-31 | $1.73 Billion | -26.88% |
| 2017-12-31 | $2.36 Billion | +4.66% |
| 2016-12-31 | $2.25 Billion | -1.01% |
| 2015-12-31 | $2.28 Billion | -3.51% |
| 2014-12-31 | $2.36 Billion | +74.54% |
| 2013-12-31 | $1.35 Billion | +21.35% |
| 2012-12-31 | $1.11 Billion | +17.54% |
| 2011-12-31 | $948.02 Million | -6.85% |
| 2010-12-31 | $1.02 Billion | +40.30% |
| 2009-12-31 | $725.40 Million | +13.76% |
| 2008-12-31 | $637.67 Million | +2.06% |
| 2007-12-31 | $624.82 Million | +14.37% |
| 2006-12-31 | $546.33 Million | +6.18% |
| 2005-12-31 | $514.54 Million | -19.85% |
| 2004-12-31 | $641.96 Million | +26.99% |
| 2003-12-31 | $505.51 Million | +7.74% |
| 2002-12-31 | $469.21 Million | -0.32% |
| 2001-12-31 | $470.71 Million | +0.15% |
| 2000-12-31 | $470.00 Million | +18.09% |
| 1999-12-31 | $398.00 Million | +246.99% |
| 1998-12-31 | $114.70 Million | +33.68% |
| 1997-12-31 | $85.80 Million | +6.32% |
| 1996-12-31 | $80.70 Million | +4.13% |
| 1995-12-31 | $77.50 Million | +10.40% |
| 1994-12-31 | $70.20 Million | +23.59% |
| 1993-12-31 | $56.80 Million | -- |