Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 63.57% is in line with its 5-year average of 68.04%, near the low end of its 5-year range (63.57%–74.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.28% below its 12-month average of 67.11%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 63.57%.
DEBT TO ASSETS RATIO
63.57%
DEBT TO ASSETS RATIO AVG TTM
67.11%
DEBT TO ASSETS RATIO AVG 3Y
68.40%
DEBT TO ASSETS RATIO AVG 5Y
68.04%
DEBT TO ASSETS RATIO AVG 10Y
61.29%
DEBT TO ASSETS RATIO AVG 15Y
48.73%
DEBT TO ASSETS RATIO AVG 20Y
39.33%
CURRENT VS TTM AVG
-5.28%
CURRENT VS 3Y AVG
-7.06%
CURRENT VS 5Y AVG
-6.57%
CURRENT VS 10Y AVG
+3.71%
CURRENT VS 15Y AVG
+30.46%
CURRENT VS 20Y AVG
+61.65%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.35%
median of 290 covered companies
CURRENT VS SECTOR MEDIAN
+18062.48%
vs the sector median at left
Churchill Downs Incorporated
Market Cap
$5.48B
Debt to Assets Ratio
63.57%
TTM Avg
67.11%
3Y Avg
68.40%
5Y Avg
68.04%
Market Cap
$5.49B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.37B
Debt to Assets Ratio
0.63%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Churchill Downs Incorporated (CHDN) | $5.48B | 63.57% | 67.11% | 68.40% | 68.04% |
| Rush Enterprises, Inc. (RUSHA)vs › | $5.49B | 0.32% | N/A | N/A | N/A |
| Frontdoor, Inc. (FTDR)vs › | $5.50B | 0.54% | N/A | N/A | N/A |
| The Cheesecake Factory Incorporated (CAKE)vs › | $5.37B | 0.63% | N/A | N/A | N/A |
| H&R Block, Inc. (HRB)vs › | $5.36B | 0.65% | N/A | N/A | N/A |
| LKQ Corporation (LKQ)vs › | $5.73B | 0.35% | N/A | N/A | N/A |
| Vail Resorts, Inc. (MTN)vs › | $5.23B | 0.62% | N/A | N/A | N/A |
| Crocs, Inc. (CROX)vs › | $5.74B | 0.39% | N/A | N/A | N/A |
| Macy's, Inc. (M)vs › | $5.83B | 0.32% | N/A | N/A | N/A |
| Caesars Entertainment, Inc. (CZR)vs › | $6.05B | 0.78% | N/A | N/A | N/A |
Debt/Assets
63.6%
Debt/Equity
3.57
Current Ratio
0.36
Interest Coverage
2.5x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 63.57% |
| 2026-03-31 | 65.95% |
| 2025-12-31 | 69.44% |
| 2025-09-30 | 68.61% |
| 2025-06-30 | 67.98% |
| 2025-03-31 | 66.50% |
| 2024-12-31 | 67.56% |
| 2024-09-30 | 67.39% |
| 2024-06-30 | 67.77% |
| 2024-03-31 | 69.72% |
| 2023-12-31 | 69.64% |
| 2023-09-30 | 69.96% |
| 2023-06-30 | 70.22% |
| 2023-03-31 | 70.50% |
| 2022-12-31 | 74.20% |
| 2022-09-30 | 68.05% |
| 2022-06-30 | 68.43% |
| 2022-03-31 | 64.77% |
| 2021-12-31 | 66.00% |
| 2021-09-30 | 66.22% |
| 2021-06-30 | 66.32% |
| 2021-03-31 | 70.73% |
| 2020-12-31 | 60.39% |
| 2020-09-30 | 66.43% |
| 2020-06-30 | 67.41% |
| 2020-03-31 | 67.48% |
| 2019-12-31 | 57.78% |
| 2019-09-30 | 57.53% |
| 2019-06-30 | 56.96% |
| 2019-03-31 | 59.50% |
| 2018-12-31 | 51.26% |
| 2018-09-30 | 51.71% |
| 2018-06-30 | 52.20% |
| 2018-03-31 | 55.38% |
| 2017-12-31 | 47.86% |
| 2017-09-30 | 48.29% |
| 2017-06-30 | 46.96% |
| 2017-03-31 | 42.92% |
| 2016-12-31 | 40.88% |
| 2016-09-30 | 41.36% |
| 2016-06-30 | 41.18% |
| 2016-03-31 | 44.10% |
| 2015-12-31 | 34.33% |
| 2015-09-30 | 26.17% |
| 2015-06-30 | 26.95% |
| 2015-03-31 | 30.45% |
| 2014-12-31 | 32.37% |
| 2014-09-30 | 28.97% |
| 2014-06-30 | 27.53% |
| 2014-03-31 | 27.28% |
| 2013-12-31 | 27.37% |
| 2013-09-30 | 25.60% |
| 2013-06-30 | 14.24% |
| 2013-03-31 | 17.29% |
| 2012-12-31 | 19.36% |
| 2012-09-30 | 7.71% |
| 2012-06-30 | 7.27% |
| 2012-03-31 | 11.74% |
| 2011-12-31 | 14.03% |
| 2011-09-30 | 17.41% |
| 2011-06-30 | 19.21% |
| 2011-03-31 | 24.36% |
| 2010-12-31 | 28.09% |
| 2010-09-30 | 15.90% |
| 2010-06-30 | 14.71% |
| 2010-03-31 | 16.34% |
| 2009-12-31 | 15.66% |
| 2009-09-30 | 7.63% |
| 2009-06-30 | 2.34% |
| 2009-03-31 | 7.44% |
| 2008-12-31 | 9.00% |
| 2008-09-30 | 8.30% |
| 2008-06-30 | 3.93% |
| 2008-03-31 | 10.28% |
| 2007-12-31 | 13.16% |
| 2007-09-30 | 11.54% |
| 2007-06-30 | 11.38% |
| 2007-03-31 | 2.70% |
| 2006-12-31 | 2.45% |
| 2006-09-30 | 3.62% |
| 2006-06-30 | 4.15% |
| 2006-03-31 | 6.27% |
| 2005-12-31 | 5.55% |
| 2005-09-30 | 3.42% |
| 2005-06-30 | 35.16% |
| 2005-03-31 | 39.11% |
| 2004-12-31 | 37.82% |
| 2004-09-30 | 27.88% |
| 2004-06-30 | 25.32% |
| 2004-03-31 | 27.44% |
| 2003-12-31 | 25.09% |
| 2003-09-30 | 23.46% |
| 2003-06-30 | 23.36% |
| 2003-03-31 | 27.69% |
| 2002-12-31 | 26.29% |
| 2002-09-30 | 26.79% |
