DKNG Quick Ratio Analysis

The quick ratio measures whether a company can pay its short-term bills using its most liquid assets, like cash and receivables, without selling inventory; DKNG sits at 0.69x, meaning it has $0.69 of liquid assets for every $1 of current liabilities.

This is slightly below the sector median of 0.72x, placing DKNG at the 47th percentile among peers, so the firm is close to typical but on the lower side. The year-over-year change is not available, while the quarter-over-quarter change is -1.4%, reflecting a dip from 0.70x to 0.69x in the latest period. The combination of a sub-median level and a mild downward trend points to tightening short-term liquidity, which raises the risk of difficulty meeting obligations if cash flows weaken. This metric supports the overall CAUTIOUS verdict, as the company’s liquidity buffer is thin and showing signs of erosion.

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