DraftKings Inc.

DraftKings Inc.verified

DKNG

Price:

$35.11

Market Cap:

$17.05B

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2019-07-25

Stock Exchange

NASDAQ

Ticker

DKNG

The Current Ratio as of September 2024 (TTM) for DraftKings Inc. (DKNG) is 1.11

According to DraftKings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of -12.66% compared to the average of 1.27 of the last 4 quarters.

DraftKings Inc. (DKNG) Historical Current Ratio (quarterly & annually)

How has DKNG Current Ratio performed in the past?

The mean historical Current Ratio of DraftKings Inc. over the last ten years is 1.90. The current 1.11 Current Ratio has changed 5.73% with respect to the historical average. Over the past ten years (40 quarters), DKNG's Current Ratio was at its highest in in the June 2020 quarter at 5.37. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

1.90

Median

1.34

Minimum

1.02

Maximum

3.96

DraftKings Inc. (DKNG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of DraftKings Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 286.59%

Maximum Annual Current Ratio = 3.96

Minimum Annual Increase = -43.54%

Minimum Annual Current Ratio = 1.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.34-20.08%
20221.67-43.54%
20212.96-25.15%
20203.96286.59%
20191.02-23.49%
20181.3431.27%

DraftKings Inc. (DKNG) Average Current Ratio

How has DKNG Current Ratio performed in the past?

The current Current Ratio of DraftKings Inc. (DKNG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.99

5-year avg

2.19

10-year avg

1.90

DraftKings Inc. (DKNG) Current Ratio vs. Peers

How is DKNG’s Current Ratio compared to its peers?

DraftKings Inc.’s Current Ratio is less than Light & Wonder, Inc. (1.85), greater than International Game Technology PLC (0.84), greater than Everi Holdings Inc. (1.05), less than PlayAGS, Inc. (3.06), less than Accel Entertainment, Inc. (3.05), less than Rush Street Interactive, Inc. (1.66), greater than Esports Entertainment Group, Inc. (0.20), greater than Flutter Entertainment plc (0.81), less than Inspired Entertainment, Inc. (1.55), less than Lottery.com Inc. (0), greater than EBET, Inc. (0.70), greater than NeoGames S.A. (0.03), less than Flutter Entertainment plc (1.13), greater than GAN Limited (0.81), less than PointsBet Holdings Limited (1.56), greater than null (0.81),

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