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Churchill Downs is Among the Companies in the Casinos & Gaming Industry With the Lowest Current Ratio (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 recommended that subscribers consider buying shares of Mgm Resorts Inte on March 20th, 2020 as our technology indicated a new Uptrend was in progress when shares hit $9.92. Since that recommendation, shares of Mgm Resorts Inte have risen 6.7%. We continue to monitor Mgm Resorts Inte for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): CHDN PENN MGM PNK IGT