International Speedway (International Speedway) Tax Rate % : 15.39% (As of Aug. 2019)

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What is International Speedway Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. International Speedway's Tax Expense for the three months ended in Aug. 2019 was $2.4 Mil. International Speedway's Pre-Tax Income for the three months ended in Aug. 2019 was $15.5 Mil. Therefore, International Speedway's Tax Rate % for the quarter that ended in Aug. 2019 was 15.39%.

International Speedway Tax Rate % Historical Data

The historical data trend for International Speedway's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Speedway Tax Rate % Chart

International Speedway Annual Data

Trend

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Tax Rate %

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33.03

37.73

38.47

-5.35

-110.02

International Speedway Quarterly Data
	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19
Tax Rate %	Get a 7-Day Free Trial															17.03	26.13	24.51	22.90	15.39

International Speedway Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

International Speedway's Tax Rate % for the fiscal year that ended in Nov. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2018 )	/	Pre-Tax Income (A: Nov. 2018 )
	=	-118.018	/	107.266
	=	-110.02 %

International Speedway's Tax Rate % for the quarter that ended in Aug. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2019 )	/	Pre-Tax Income (Q: Aug. 2019 )
	=	2.383	/	15.489
	=	15.39 %

International Speedway Tax Rate % Related Terms

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International Speedway (International Speedway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Speedway Corp (OTCPK:ISCB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Daytona Boulevard, Daytona Beach, FL, USA, 32114

Website

http://www.internationalspeedwaycorporation.com

International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. International Speedway is majority-owned by the France family, which also owns privately held NASCAR. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights.