What is the equity of Churchill Downs this year?
Churchill Downs has equity of 893.6 M USD this year.
In 2024, Churchill Downs's equity was 893.6 M USD, a 62.03% increase from the 551.5 M USD equity in the previous year.
Churchill Downs's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Churchill Downs's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Churchill Downs's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Churchill Downs's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Churchill Downs’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Churchill Downs has equity of 893.6 M USD this year.
The equity of Churchill Downs has increased/decreased by 62.03% increased compared to the previous year.
A high equity is advantageous for investors of Churchill Downs as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Churchill Downs, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Churchill Downs can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Churchill Downs can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Churchill Downs include profits, dividend payments, capital increases, and acquisitions.
The equity of Churchill Downs is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Churchill Downs can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Churchill Downs paid a dividend of 0.38 USD . This corresponds to a dividend yield of about 0.28 %. For the coming 12 months, Churchill Downs is expected to pay a dividend of 0.63 USD.
The current dividend yield of Churchill Downs is 0.28 %.
Churchill Downs pays a quarterly dividend. This is distributed in the months of January, January, January, December.
Churchill Downs paid dividends every year for the past 23 years.
For the upcoming 12 months, dividends amounting to 0.63 USD are expected. This corresponds to a dividend yield of 0.46 %.
Churchill Downs is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Churchill Downs from 1/5/2024 amounting to 0.382 USD, you needed to have the stock in your portfolio before the ex-date on 11/30/2023.
The last dividend was paid out on 1/5/2024.
In the year 2023, Churchill Downs distributed 0.714 USD as dividends.
The dividends of Churchill Downs are distributed in USD.
Our stock analysis for Churchill Downs Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Churchill Downs Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.