DraftKings Inc. company logo
DraftKings Inc. logo

DraftKings Inc. (DKNG) Debt To Equity Ratio

Annual Debt To Equity

1.320.28-17.50%

Summary

Current Value
As of today, DKNG annual debt to equity is 1.32, down -17.50% on
Historical Performance
DKNG annual debt to equity is up +67.09% over the past 3 years, and up +186.84% over the past 5 years
All-Time High Comparison
DKNG annual debt to equity is currently -17.50% below its historical high of 1.60 set on
3-Year Low Comparison
DKNG annual debt to equity is +32.00% above its 3-year low of 1.00 reached on an earlier date
Sector Comparison
DKNG annual debt to equity is higher than 75.00% of companies in Consumer Cyclical sector

Debt To Equity Chart

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Series
SUGGESTED SERIES

Performance

DKNG Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity1.32-17.5%+67.1%+186.8%
Quarterly Debt To Equity2.60+108.0%+179.6%+100.0%+100.0%
Price$35.17-8.3%+191.4%-32.4%
Annual Total Debt$1.34B-0.8%+1.3%+1677.4%+100.0%
Annual Shareholders Equity$1.01B+20.3%-39.8%+2138.4%
Annual Current Ratio0.93-30.6%-68.6%-8.8%
Annual Quick Ratio0.93-30.6%-68.6%-8.8%
Annual Short Term Debt$10.99M-4.4%-14.2%+62.9%
Annual Long Term Debt$1.32B-0.8%+1.4%+1836.8%
Piotroski F-Score40.0%+33.3%+100.0%
Altman Z-Score1.73-11.7%+282.1%-87.9%

Debt To Equity Highs

DKNG Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y1.60-17.5%
5Y1.60-17.5%
All1.60-17.5%

Debt To Equity Lows

DKNG Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y1.00N/A+32.0%
5Y0.03N/A+4300.0%
All-1.52+186.8%

Debt To Equity History

YearValueChange
1.32-17.5%
1.60+60.0%
1.00+26.6%
0.79+2,533.3%
YearValueChange
0.03+102.0%
-1.52-7,500.0%
-0.02-

FAQ

  • What is the current annual debt to equity of DKNG?

    As of today, DKNG annual debt to equity is 1.32

  • What is 1-year change in DKNG annual debt to equity?

    DKNG annual debt to equity is down -17.50% year-over-year

  • What is 3-year change in DKNG annual debt to equity?

    DKNG annual debt to equity is up +67.09% over the past 3 years

  • How far is DKNG annual debt to equity from its all-time high?

    DKNG annual debt to equity is currently -17.50% below its historical high of 1.60 set on December 31, 2023

  • How does DKNG annual debt to equity rank versus sector peers?

    DKNG annual debt to equity is higher than 75.00% of companies in Consumer Cyclical sector

  • When is DKNG next annual earnings release?

    The next annual earnings release for DKNG is on

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. DKNG Official Website www.draftkings.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1883685/000188368525000038/0001883685-25-000038-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1883685/000188368525000010/0001883685-25-000010-index.htm
  4. DKNG Profile on Yahoo Finance finance.yahoo.com/quote/DKNG
  5. DKNG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/dkng