Churchill Historical Balance Sheet
CHDN Stock | USD 134.60 1.35 0.99% |
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.
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.
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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
Churchill Downs Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Churchill Downs uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Churchill Downs' Net Debt is very stable compared to the past year. As of the 24th of May 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). Add Fundamental
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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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. At this time, Churchill Downs' Net Debt is very stable compared to the past year. As of the 24th of May 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).
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 |
Churchill Downs balance sheet Correlations
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Churchill Downs Account Relationship Matchups
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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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Try AI Portfolio ArchitectCheck 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. Note that the Churchill Downs information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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Is Churchill Downs' industry 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 4.51 | 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.