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International Speedway (International Speedway) Total Assets : $2,335.7 Mil (As of Aug. 2019)


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What is International Speedway Total Assets?

International Speedway's Total Assets for the quarter that ended in Aug. 2019 was $2,335.7 Mil.

Total Assets is connected with ROA %. International Speedway's annualized ROA % for the quarter that ended in Aug. 2019 was 2.25%. Total Assets is also linked to Revenue through Asset Turnover. International Speedway's Asset Turnover for the quarter that ended in Aug. 2019 was 0.07.


International Speedway Total Assets Historical Data

The historical data trend for International Speedway's Total Assets 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.

* Premium members only.

International Speedway Total Assets Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,077.65 2,119.66 2,172.66 2,208.19 2,249.36

International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,294.73 2,249.36 2,308.13 2,321.53 2,335.67

International Speedway Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

International Speedway's Total Assets for the fiscal year that ended in Nov. 2018 is calculated as

Total Assets=Total Equity (A: Nov. 2018 )+Total Liabilities (A: Nov. 2018 )
=1635.958+613.402
=2,249.4

International Speedway's Total Assets for the quarter that ended in Aug. 2019 is calculated as

Total Assets=Total Equity (Q: Aug. 2019 )+Total Liabilities (Q: Aug. 2019 )
=1666.555+669.112
=2,335.7

* 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.


International Speedway  (NAS:ISCA) Total Assets Explanation

Total Assets is connected with ROA %.

International Speedway's annualized ROA % for the quarter that ended in Aug. 2019 is

ROA %=Net Income (Q: Aug. 2019 )/( (Total Assets (Q: May. 2019 )+Total Assets (Q: Aug. 2019 ))/ count )
=52.424/( (2321.528+2335.667)/ 2 )
=52.424/2328.5975
=2.25 %

Note: The Net Income data used here is four times the quarterly (Aug. 2019) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

International Speedway's Asset Turnover for the quarter that ended in Aug. 2019 is

Asset Turnover
=Revenue (Q: Aug. 2019 )/( (Total Assets (Q: May. 2019 )+Total Assets (Q: Aug. 2019 ))/ count )
=165.063/( (2321.528+2335.667)/ 2 )
=165.063/2328.5975
=0.07

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

International Speedway Total Assets Related Terms

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International Speedway (International Speedway) Business Description

Traded in Other Exchanges
N/A
Address
One Daytona Boulevard, Daytona Beach, FL, USA, 32114
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.
Executives
Larree M Renda director
Hyatt J Brown director 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Larry Aiello director ONE RIVERFRONT PLZ, CORNING NY 14831
Ford Edsel B Ii director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Edward H Rensi director 8400 KEARNEY ROAD, DOWNERS GROVE IL 60516
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731