Codere Online Luxembourg (CDRO) Debt Ratio (2020 - 2025)
Codere Online Luxembourg's (CDRO) quarterly Debt Ratio came in at 0.02 in Q4 2025, down 55.2% on a YoY basis from 0.05 in Q4 2024, and down 72.21% quarter-over-quarter from 0.08 in Q2 2025.
Analysis
Codere Online Luxembourg (CDRO) Debt Ratio (2020 - 2025) Analysis & Trends
Codere Online Luxembourg (CDRO) has reported Debt Ratio for 6 consecutive years, with 0.02 the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Debt Ratio fell 55.2% year-over-year to 0.02; the trailing twelve-month figure through Dec 2025 stood at 0.02 (down 55.2% YoY), and the FY2025 full-year result was 0.02, down 55.2% from the prior year.
- Debt Ratio eased to 0.02 in Q4 2025 per CDRO's latest filing, from 0.08 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.08 in Q2 2025 and bottomed at 0.4 in Q2 2022.
- Historically, Debt Ratio has averaged 0.01 across 5 years, with a median of 0.02 in 2025.
- The sharpest annual moves came in 2021 and 2024: Debt Ratio plunged 95.47% in 2021, then surged 802.7% in 2024.
- Over 5 years, Debt Ratio stood at 0.05 in 2021, then plunged by 64.24% to 0.02 in 2022, then tumbled by 70.48% to 0.01 in 2023, then soared by 802.7% to 0.05 in 2024, then slumped by 55.2% to 0.02 in 2025.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.08, and 0.05 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn | 0.43 |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn | 0.13 |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - | 0.02 |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn | - |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | 0.02 |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn | 0.09 |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | 9.67 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | 1.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.02 |
| Jun 30, 2025 | 0.08 |
| Dec 31, 2024 | 0.05 |
| Jun 30, 2024 | 0.04 |
| Dec 31, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Dec 31, 2022 | 0.02 |
| Jun 30, 2022 | -0.40 |
| Dec 31, 2021 | 0.05 |
| Dec 31, 2020 | 1.16 |