DKNGCAUTIOUS

DKNG Current Ratio Analysis

1.02x

Higher than 19% of Consumer Cyclical sector peers

Updated 37h ago·SEC filings & market data

Key Takeaway

A current ratio of 1.02x means DKNG has $1.02 in short-term assets for every $1.00 in short-term liabilities, signaling just enough liquidity to cover obligations due within a year.

Sector Performance

19th percentile

DKNG

1.02x

Sector Median

1.41x

Sector Avg

2.74x

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Deep Analysis

A current ratio of 1.02x means DKNG has $1.02 in short-term assets for every $1.00 in short-term liabilities, signaling just enough liquidity to cover obligations due within a year.

This sits well below the consumer cyclical sector median of 1.44x, placing DKNG in the 18th percentile of peers, so most comparable companies hold a larger liquidity cushion. The trend is N/A because both the year-over-year change and quarter-over-quarter change are not available, so there is no data to confirm whether liquidity is improving or worsening. The combination of a near-bare minimum liquidity level with no observable trend leaves limited room for error if cash flows tighten or liabilities come due unexpectedly. This metric directly supports the overall CAUTIOUS verdict, as the current ratio is weak relative to peers and offers little protection against short-term financial stress.

Frequently Asked Questions

What does the Current Ratio tell investors about DKNG?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

How does DKNG's Current Ratio compare to its sector?

DKNG's Current Ratio of 1.02x compares to a Consumer Cyclical sector median of 1.41x, placing it in the 19th percentile.

Who are DKNG's closest peers by Current Ratio?

The closest Consumer Cyclical peers by Current Ratio include: AMZN (1.18x), MELI (1.16x), CHPT (1.15x), XPEV (1.14x), RH (1.13x).

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Learn More About Current Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.