• Churchill Downs average current ratio for 2023 was 0.63, a 72.73% decline from 2022.
• Churchill Downs average current ratio for 2022 was 2.31, a 72.39% decline from 2021.
• Churchill Downs average current ratio for 2021 was 1.34, a 16.25% increase from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.