Churchill Historical Balance Sheet

CHDN Stock

USD 133.02 3.52 2.72%

Trend analysis of Churchill Downs Incorporated balance sheet accounts such as Short Long Term Debt Total of 5.1 B, Other Current Liabilities of 478.9 M or Total Current Liabilities of 793.6 M provides information on Churchill Downs' total assets, liabilities, and equity, which is the actual value of Churchill Downs to its prevalent stockholders. By breaking down trends over time using Churchill Downs balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

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Financial Statement Analysis is much more than just reviewing and examining Churchill Downs latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Churchill Downs is a good buy for the upcoming year.

Churchill Downs Inventory

40.81 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

About Churchill Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Churchill Downs at a specified time, usually calculated after every quarter, six months, or one year. Churchill Downs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Churchill Downs and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Churchill currently owns. An asset can also be divided into two categories, current and non-current.

Churchill Downs Balance Sheet Chart

At this time, Churchill Downs' Net Debt is very stable compared to the past year. As of the 4th of June 2024, Retained Earnings is likely to grow to about 939.2 M, though Non Currrent Assets Other are likely to grow to (71.8 M).

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Accounts Payable Current Deferred Revenue

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Total Assets

Total assets refers to the total amount of Churchill Downs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Churchill Downs books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Churchill Downs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Churchill Downs Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Churchill Downs obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Churchill Downs are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most accounts from Churchill Downs' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Churchill Downs current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	2.0B	4.6B	4.8B	5.1B
Total Assets	3.0B	6.2B	7.0B	7.3B

Short Long Term Debt Total Total Assets

Churchill Downs balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.85	0.86	0.57	0.98	0.99	0.83	0.96	0.54	1.0	-0.14	0.54	0.77	-0.16	0.99	0.78	-0.32	1.0	0.97	0.78	0.19	0.44	0.97	-0.51	-0.5
Short Long Term Debt Total	0.99		0.8	0.8	0.46	0.98	1.0	0.76	0.96	0.57	0.99	-0.15	0.57	0.7	-0.29	1.0	0.73	-0.34	1.0	0.98	0.76	0.18	0.42	0.96	-0.57	-0.56
Other Current Liab	0.85	0.8		0.94	0.5	0.78	0.8	0.76	0.75	0.46	0.84	0.04	0.46	0.75	-0.01	0.81	0.85	-0.26	0.84	0.76	0.73	0.05	0.43	0.76	-0.55	-0.54
Total Current Liabilities	0.86	0.8	0.94		0.67	0.81	0.8	0.84	0.81	0.41	0.86	-0.01	0.41	0.79	0.14	0.8	0.88	-0.2	0.84	0.78	0.72	0.34	0.42	0.8	-0.38	-0.37
Total Stockholder Equity	0.57	0.46	0.5	0.67		0.56	0.47	0.85	0.58	0.03	0.58	0.0	0.03	0.63	0.61	0.47	0.56	0.17	0.5	0.5	0.39	0.35	0.37	0.55	0.19	0.2
Property Plant And Equipment Net	0.98	0.98	0.78	0.81	0.56		0.98	0.81	0.98	0.53	0.98	-0.23	0.53	0.7	-0.2	0.97	0.71	-0.32	0.97	0.99	0.74	0.24	0.4	0.95	-0.49	-0.48
Net Debt	0.99	1.0	0.8	0.8	0.47	0.98		0.76	0.96	0.54	0.99	-0.15	0.54	0.69	-0.29	1.0	0.72	-0.34	0.99	0.98	0.74	0.18	0.42	0.97	-0.56	-0.56
Retained Earnings	0.83	0.76	0.76	0.84	0.85	0.81	0.76		0.78	0.3	0.83	0.07	0.3	0.73	0.21	0.76	0.76	-0.02	0.78	0.76	0.63	0.21	0.48	0.76	-0.34	-0.33
Accounts Payable	0.96	0.96	0.75	0.81	0.58	0.98	0.96	0.78		0.54	0.96	-0.17	0.54	0.73	-0.12	0.95	0.69	-0.23	0.95	0.98	0.76	0.34	0.49	0.94	-0.41	-0.4
Cash	0.54	0.57	0.46	0.41	0.03	0.53	0.54	0.3	0.54		0.51	-0.14	1.0	0.55	-0.24	0.57	0.49	-0.39	0.57	0.61	0.89	-0.04	0.33	0.41	-0.53	-0.52
Non Current Assets Total	1.0	0.99	0.84	0.86	0.58	0.98	0.99	0.83	0.96	0.51		-0.14	0.51	0.76	-0.17	0.99	0.78	-0.32	0.99	0.97	0.76	0.2	0.43	0.97	-0.5	-0.49
Non Currrent Assets Other	-0.14	-0.15	0.04	-0.01	0.0	-0.23	-0.15	0.07	-0.17	-0.14	-0.14		-0.14	0.04	0.15	-0.16	-0.22	0.77	-0.14	-0.22	-0.01	-0.13	0.6	-0.23	-0.16	-0.17
Cash And Short Term Investments	0.54	0.57	0.46	0.41	0.03	0.53	0.54	0.3	0.54	1.0	0.51	-0.14		0.55	-0.24	0.57	0.49	-0.39	0.57	0.61	0.89	-0.04	0.33	0.41	-0.53	-0.52
Net Receivables	0.77	0.7	0.75	0.79	0.63	0.7	0.69	0.73	0.73	0.55	0.76	0.04	0.55		0.23	0.73	0.79	-0.18	0.75	0.7	0.85	0.06	0.53	0.65	-0.26	-0.25
Common Stock Shares Outstanding	-0.16	-0.29	-0.01	0.14	0.61	-0.2	-0.29	0.21	-0.12	-0.24	-0.17	0.15	-0.24	0.23		-0.28	0.06	0.43	-0.24	-0.25	-0.03	0.19	0.19	-0.2	0.66	0.66
Non Current Liabilities Total	0.99	1.0	0.81	0.8	0.47	0.97	1.0	0.76	0.95	0.57	0.99	-0.16	0.57	0.73	-0.28		0.74	-0.37	1.0	0.98	0.78	0.14	0.42	0.96	-0.57	-0.56
Other Current Assets	0.78	0.73	0.85	0.88	0.56	0.71	0.72	0.76	0.69	0.49	0.78	-0.22	0.49	0.79	0.06	0.74		-0.48	0.77	0.71	0.73	0.08	0.18	0.72	-0.43	-0.42
Other Stockholder Equity	-0.32	-0.34	-0.26	-0.2	0.17	-0.32	-0.34	-0.02	-0.23	-0.39	-0.32	0.77	-0.39	-0.18	0.43	-0.37	-0.48		-0.36	-0.33	-0.28	0.14	0.47	-0.35	0.32	0.32
Total Liab	1.0	1.0	0.84	0.84	0.5	0.97	0.99	0.78	0.95	0.57	0.99	-0.14	0.57	0.75	-0.24	1.0	0.77	-0.36		0.98	0.78	0.16	0.43	0.96	-0.56	-0.55
Property Plant And Equipment Gross	0.97	0.98	0.76	0.78	0.5	0.99	0.98	0.76	0.98	0.61	0.97	-0.22	0.61	0.7	-0.25	0.98	0.71	-0.33	0.98		0.78	0.24	0.4	0.95	-0.49	-0.48
Total Current Assets	0.78	0.76	0.73	0.72	0.39	0.74	0.74	0.63	0.76	0.89	0.76	-0.01	0.89	0.85	-0.03	0.78	0.73	-0.28	0.78	0.78		0.04	0.55	0.64	-0.51	-0.51
Short Term Debt	0.19	0.18	0.05	0.34	0.35	0.24	0.18	0.21	0.34	-0.04	0.2	-0.13	-0.04	0.06	0.19	0.14	0.08	0.14	0.16	0.24	0.04		0.07	0.25	0.25	0.26
Inventory	0.44	0.42	0.43	0.42	0.37	0.4	0.42	0.48	0.49	0.33	0.43	0.6	0.33	0.53	0.19	0.42	0.18	0.47	0.43	0.4	0.55	0.07		0.31	-0.28	-0.28
Intangible Assets	0.97	0.96	0.76	0.8	0.55	0.95	0.97	0.76	0.94	0.41	0.97	-0.23	0.41	0.65	-0.2	0.96	0.72	-0.35	0.96	0.95	0.64	0.25	0.31		-0.4	-0.39
Common Stock Total Equity	-0.51	-0.57	-0.55	-0.38	0.19	-0.49	-0.56	-0.34	-0.41	-0.53	-0.5	-0.16	-0.53	-0.26	0.66	-0.57	-0.43	0.32	-0.56	-0.49	-0.51	0.25	-0.28	-0.4		1.0
Common Stock	-0.5	-0.56	-0.54	-0.37	0.2	-0.48	-0.56	-0.33	-0.4	-0.52	-0.49	-0.17	-0.52	-0.25	0.66	-0.56	-0.42	0.32	-0.55	-0.48	-0.51	0.26	-0.28	-0.39	1.0

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Churchill Downs Account Relationship Matchups

Churchill Downs balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.7B	3.0B	6.2B	7.0B	7.3B
Short Long Term Debt Total	1.5B	1.6B	2.0B	4.6B	4.8B	5.1B
Other Current Liab	196.9M	316.7M	258.7M	390.1M	456.1M	478.9M
Total Current Liabilities	301.2M	424.2M	395M	621.6M	755.8M	793.6M
Total Stockholder Equity	508.3M	367.1M	306.8M	551.5M	893.6M	938.3M
Property Plant And Equipment Net	937.3M	1.1B	994.9M	2.0B	2.6B	2.7B
Net Debt	1.4B	1.6B	1.7B	4.5B	4.7B	4.9B
Retained Earnings	509.2M	349.8M	307.7M	552.4M	894.5M	939.2M
Accounts Payable	57.8M	70.7M	81.6M	145.5M	158.5M	166.4M
Cash	96.2M	67.4M	291.3M	129.8M	144.5M	151.7M
Non Current Assets Total	2.3B	2.5B	2.5B	5.9B	6.6B	6.9B
Non Currrent Assets Other	(3.3M)	(39.6M)	74.2M	54.8M	(75.6M)	(71.8M)
Cash And Short Term Investments	96.2M	67.4M	291.3M	129.8M	144.5M	151.7M
Net Receivables	51.8M	85.9M	108.3M	95.5M	119.5M	125.5M
Common Stock Shares Outstanding	81.2M	79.2M	78.4M	77M	76.1M	86.0M
Liabilities And Stockholders Equity	2.6B	2.7B	3.0B	6.2B	7.0B	7.3B
Non Current Liabilities Total	1.7B	1.9B	2.3B	5.0B	5.3B	5.6B
Other Current Assets	26.9M	28.2M	37.6M	44.3M	59.5M	62.5M
Other Stockholder Equity	649.5M	100K	2.8M	(900K)	(1.0M)	(983.3K)
Total Liab	2.0B	2.3B	2.7B	5.7B	6.1B	6.4B
Property Plant And Equipment Gross	937.3M	1.1B	1.7B	2.8B	3.5B	3.7B
Total Current Assets	221.2M	235.1M	501.5M	344.5M	400.8M	420.8M
Inventory	46.3M	53.6M	64.3M	74.9M	77.3M	40.8M
Intangible Assets	369.8M	350.6M	348.1M	2.4B	2.4B	2.5B
Other Liab	247.7M	276.8M	286.5M	433.8M	498.9M	523.8M
Long Term Debt	1.1B	1.1B	1.3B	2.5B	4.8B	5.0B
Property Plant Equipment	912.5M	1.1B	994.9M	2.0B	2.3B	2.4B
Current Deferred Revenue	42.5M	32.8M	47.7M	39M	73.2M	62.5M
Other Assets	21.1M	653M	106.7M	109M	125.4M	146.6M
Good Will	338M	367.1M	366.8M	723.8M	899.9M	944.9M
Net Tangible Assets	(228.6M)	(350.3M)	(408.1M)	(2.6B)	(2.3B)	(2.2B)
Retained Earnings Total Equity	509.2M	349.8M	307.7M	552.4M	635.3M	496.9M
Long Term Debt Total	1.1B	1.1B	1.3B	2.5B	2.8B	3.0B
Deferred Long Term Liab	212.8M	213.9M	252.9M	340.8M	391.9M	411.5M
Non Current Liabilities Other	440.1M	593.4M	734.5M	2.2B	137.8M	130.9M

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Additional Information and Resources on Investing in Churchill Stock

When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:

How To Invest In Churchill

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Is Churchill Stock a good investment?

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What is Churchill Downs' Net Worth?

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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.47)

Dividend Share

0.382

Earnings Share

4.52

Revenue Per Share

33.286

Quarterly Revenue Growth

0.056

The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Churchill Historical Balance Sheet

Churchill Downs Inventory

40.81 Million

About Churchill Balance Sheet Analysis

Churchill Downs Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Current Deferred Revenue

Churchill Downs balance sheet Correlations

Churchill Downs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Churchill Downs balance sheet Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Churchill Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt

Common Stock Total Equity	- 0.57	Non Current Liabilities Total
Common Stock Total Equity	- 0.57	Short Long Term Debt Total
Common Stock Total Equity	- 0.56	Total Liab
Common Stock	- 0.56	Non Current Liabilities Total
Common Stock	- 0.56	Net Debt
Common Stock Total Equity	- 0.56	Net Debt