DKNG Quick Ratio Analysis

The quick ratio measures a company’s ability to pay short-term liabilities using its most liquid assets (cash, marketable securities, receivables) — a ratio of 1.0x or higher is typically considered healthy, so DKNG’s 0.70x indicates it has only $0.70 in liquid assets for every $1.00 of current debt.

This level matches the consumer cyclical sector median of exactly 0.70x, placing DKNG at the 50th percentile among its peers — neither better nor worse than the typical competitor. Trend data is not available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and there is only a single historical value of 0.70x, so no directional judgment can be made. The combination of a modest 0.70x ratio with no trend information implies a neutral liquidity position relative to the sector, but the absolute level leaves limited room for error if obligations came due suddenly. This metric supports the overall CAUTIOUS verdict, because a quick ratio below 1.0x already signals potential short-term strain, even if it is in line with peers.

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