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International Speedway (International Speedway) Equity-to-Asset : 0.71 (As of Aug. 2019)


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What is International Speedway Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. International Speedway's Total Stockholders Equity for the quarter that ended in Aug. 2019 was $1,666.6 Mil. International Speedway's Total Assets for the quarter that ended in Aug. 2019 was $2,335.7 Mil. Therefore, International Speedway's Equity to Asset Ratio for the quarter that ended in Aug. 2019 was 0.71.

The historical rank and industry rank for International Speedway's Equity-to-Asset or its related term are showing as below:

ISCA's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.465
* Ranked among companies with meaningful Equity-to-Asset only.

International Speedway Equity-to-Asset Historical Data

The historical data trend for International Speedway's Equity-to-Asset 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 Equity-to-Asset Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.66 0.65 0.66 0.73

International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Equity-to-Asset 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 0.71 0.73 0.72 0.71 0.71

Competitive Comparison of International Speedway's Equity-to-Asset

For the Leisure subindustry, International Speedway's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Speedway's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Speedway's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where International Speedway's Equity-to-Asset falls into.



International Speedway Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

International Speedway's Equity to Asset Ratio for the fiscal year that ended in Nov. 2018 is calculated as

Equity to Asset (A: Nov. 2018 )=Total Stockholders Equity/Total Assets
=1635.958/2249.36
=0.73

International Speedway's Equity to Asset Ratio for the quarter that ended in Aug. 2019 is calculated as

Equity to Asset (Q: Aug. 2019 )=Total Stockholders Equity/Total Assets
=1666.555/2335.667
=0.71

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


International Speedway Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of International Speedway's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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

International Speedway (International Speedway) Headlines