Churchill Historical Cash Flow
| CHDN Stock | USD 136.13 1.62 1.20% |
Analysis of Churchill Downs cash flow over time is an excellent tool to project Churchill Downs future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change In Working Capital of 9.1 M or Begin Period Cash Flow of 214.9 M as it is a great indicator of Churchill Downs ability to facilitate future growth, repay debt on time or pay out dividends.
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 Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Churchill balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Churchill's non-liquid assets can be easily converted into cash.
Churchill Downs Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Depreciation
Depreciation indicates how much of Churchill Downs value has been used up. For tax purposes Churchill Downs can deduct the cost of the tangible assets it purchases as business expenses. However, Churchill Downs Incorporated must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most accounts from Churchill Downs' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Churchill Downs' Net Income is very stable compared to the past year. As of the 12th of June 2024, End Period Cash Flow is likely to grow to about 232.9 M, though Free Cash Flow is likely to grow to (67.2 M).
Churchill Downs cash flow statement Correlations
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Churchill Downs Account Relationship Matchups
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Churchill Downs cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (30.8M) | (21.5M) | 234.6M | (150.9M) | 17.1M | 18.0M | |
| Free Cash Flow | 126.3M | (92.3M) | 243.7M | 80M | (70.7M) | (67.2M) | |
| Change In Working Capital | 5.8M | 76.3M | 77.5M | 36.6M | 7.7M | 9.1M | |
| Begin Period Cash Flow | 173.3M | 142.5M | 121M | 355.6M | 204.7M | 214.9M | |
| Other Cashflows From Financing Activities | (18M) | (18.6M) | (17.6M) | 2.8B | (24.8M) | (23.6M) | |
| Depreciation | 101M | 97.9M | 108.5M | 119M | 175.2M | 184.0M | |
| Other Non Cash Items | (9.7M) | 25M | (137.2M) | (198.7M) | (74.7M) | (71.0M) | |
| Capital Expenditures | 163.3M | 234.2M | 91.8M | 456.8M | 676.5M | 710.3M | |
| Total Cash From Operating Activities | 289.6M | 141.9M | 335.5M | 536.8M | 605.8M | 636.1M | |
| Net Income | 137.2M | (82.1M) | 249.1M | 439.4M | 417.3M | 438.2M | |
| Total Cash From Financing Activities | (933.3M) | 460.8M | 76M | 2.4B | 129.3M | 83.2M | |
| End Period Cash Flow | 142.5M | 121M | 355.6M | 204.7M | 221.8M | 232.9M | |
| Dividends Paid | 22.2M | 23.4M | 24.8M | 26M | 27.1M | 50.5M | |
| Sale Purchase Of Stock | (95M) | (28.4M) | (297.5M) | (174.9M) | (55.9M) | (58.7M) | |
| Stock Based Compensation | 23.8M | 23.7M | 27.8M | 31.8M | 32.9M | 34.5M | |
| Other Cashflows From Investing Activities | (239.9M) | (5.2M) | (8.6M) | (2.7B) | (2.4B) | (2.3B) | |
| Change To Netincome | 45.6M | 49.8M | (99.6M) | (58.2M) | (52.4M) | (49.8M) | |
| Change To Liabilities | (6.8M) | 81.4M | 23.6M | 15.5M | 17.8M | 11.6M | |
| Total Cashflows From Investing Activities | (781.2M) | (239.4M) | (100.4M) | (3.1B) | (2.8B) | (2.7B) | |
| Net Borrowings | 587.1M | 144.4M | 332.5M | 2.6B | 3.0B | 3.2B | |
| Cash And Cash Equivalents Changes | (30.8M) | (21.5M) | 358.6M | (176.9M) | (203.4M) | (193.3M) | |
| Cash Flows Other Operating | 17.2M | (100K) | 308.3M | 465.8M | 535.7M | 562.5M | |
| Investments | (410.1M) | (239.4M) | (100.4M) | (3.1B) | (3.5B) | (3.4B) | |
| Change To Operating Activities | 12.6M | 118.9M | 53.9M | 21.1M | 24.3M | 15.4M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Churchill Stock
When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock: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 closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Hotels, Restaurants & Leisure space 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 4.52 | 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.