DKNG Current Ratio Analysis

The current ratio measures whether a company’s short-term assets, like cash and inventory, can cover its short-term debts due within a year; at 1.02x, DKNG has just barely enough to pay those obligations.

That level sits far below the Consumer Cyclical sector median of 1.45x, placing the company at the 17th percentile among peers, meaning most competitors hold a substantially larger liquidity cushion. Trend data is unavailable, as the only reported historical value is 1.02x and both year-over-year and quarter-over-quarter changes are marked N/A, so no directional signal can be drawn from this metric alone. A ratio this close to 1.0x, combined with a low peer percentile, points to limited financial flexibility if cash flows tighten or unexpected expenses arise. This condition elevates downside risk for investors, because a small drop in asset values or a spike in payables could leave the company unable to meet near-term liabilities. The current ratio therefore supports the overall CA

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