Codere Online Luxembourg (CDRO) Debt to Equity (2020 - 2025)

Codere Online Luxembourg (CDRO) reported Debt to Equity of $0.06 for Q4 2025, down 58.98% on a YoY basis from $0.15 in Q4 2024, and down 58.98% quarter-over-quarter from $0.15 in Q4 2024.

Codere Online Luxembourg (CDRO) Debt to Equity (2020 - 2025) Analysis & Trends

Codere Online Luxembourg has reported Debt to Equity for 6 years, with the latest figure at $0.06 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 58.98% year-over-year to $0.06; the trailing twelve-month figure through Dec 2025 stood at $0.06 (down 58.98% YoY), and the FY2025 full-year result was $0.06, down 58.98% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.06, down from $0.15 in the prior quarter.
  • The five-year high for Debt to Equity was $0.17 in Q4 2022, with the low at $0.02 in Q4 2023.
  • Historically, Debt to Equity has averaged $0.09 across 5 years, with a median of $0.06 in 2025.
  • Annual changes were most pronounced in 2023 — Debt to Equity slumped 88.9% — and 2024, when it jumped 695.78%.
  • Codere Online Luxembourg's Debt to Equity stood at $0.04 in 2021, then soared by 297.15% to $0.17 in 2022, then tumbled by 88.9% to $0.02 in 2023, then jumped by 695.78% to $0.15 in 2024, then tumbled by 58.98% to $0.06 in 2025.
  • The last three Debt to Equity figures came in at $0.06 (Q4 2025), $0.15 (Q4 2024), and $0.02 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 1.29
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn 0.95
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 1.68
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn -
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 1.90
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 2.04
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - 0.06
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn 0.06
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn -26.31
10 High Roller Technologies 50.40 Mn 47.74 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.06
Dec 31, 2024 0.15
Dec 31, 2023 0.02
Dec 31, 2022 0.17
Dec 31, 2021 0.04
Dec 31, 2020 -0.53