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Lowest Current Ratio in the Casinos & Gaming Industry Detected in Shares of Churchill Downs (CHDN, PENN, MGM, PNK, IGT)

By Nick Russo

Below are the three companies in the Casinos & Gaming industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

Churchill Downs ranks lowest with a a current ratio of 0.6. Penn Natl Gaming is next with a a current ratio of 0.8. Mgm Resorts Inte ranks third lowest with a a current ratio of 0.8.

Pinnacle Enterta follows with a a current ratio of 0.8, and International Ga rounds out the bottom five with a a current ratio of 0.8.

SmarTrend is tracking the current trend status for Churchill Downs and will alert subscribers who have CHDN in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest current ratio churchill downs penn natl gaming mgm resorts inte pinnacle enterta international ga