Speedway Motorsports Balance Sheet - Quarterly (NYSE:TRK)

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$17.03 $0.46 (2.63%) TRK stock closing price Sep 18, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Speedway Motorsports, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Speedway Motorsports stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Speedway Motorsports had a long term debt of $197.39M at the end of 2018 Q2. To understand the debt servicing capacity of the company, one needs to look at Speedway Motorsports operating cash flow and Speedway Motorsports revenue also. Speedway Motorsports debt to equity ratio is 0.22.

View and download Speedway Motorsports quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash88.5M58.91M81.92M85.82M87.65M53.58M79.34M82.3M84.1M79.27M
Marketable Securities----------
Receivables37.2M43.96M28.45M34.27M46.79M75.4M29.44M45.88M55.21M63.75M
Inventory8.64M8.11M7.28M7.52M8M8.54M8.21M8.41M10.55M9.73M
Raw Materials3.03M3.14M2.77M2.82M2.98M3.46M2.94M3.22M5.02M4.66M
Work In Progress----------
Finished Goods5.62M4.97M4.5M4.7M5.02M5.08M5.26M5.18M5.52M5.07M
Notes Receivable----------
Other Current Assets3.84M3.46M5.66M2.88M4.07M3.41M10.91M2.34M3.58M4.09M
Total Current Assets
138.17M114.45M123.33M130.51M146.52M140.94M127.9M138.95M153.45M156.86M
Property Plant & Equipment--1.75B---1.78B---
Accumulated Depreciation--789.88M---779.9M---
Net Property Plant & Equipment
952.01M959.05M958.21M974.17M983.46M992.25M1B1.01B1.03B1.03B
Investment & Advances----------
Other Non-Current Assets---1.01M1.06M1.1M1.14M1.18M1.22M1.26M
Deferred Charges----------
Intangibles344.61M344.6M344.6M344.6M344.6M345.72M345.72M345.72M345.73M345.73M
Deposits & Other Assets23.88M23.94M23.72M23.48M23.46M23.38M23.14M28.7M28.87M29.42M
Total Assets
1.46B1.44B1.45B1.47B1.5B1.5B1.5B1.53B1.55B1.56B
Notes Payable----------
Accounts Payable16.14M15.32M12.01M16.73M17.42M16.12M13.49M34.51M20.46M16.31M
Current Portion Long-Term Debt7.17M7.66M7.66M7.66M7.66M7.66M7.65M7.65M7.65M7.65M
Current Portion Capital Leases----------
Accrued Expenses24.47M16.72M27.89M28.16M26.72M18.41M28.73M31.46M30.05M22.49M
Income Taxes Payable5.95M--5.43M10.48M-----
Other Current Liabilities50.64M52.97M40.77M34.18M51.91M69.54M44.78M36.56M73.83M92.3M
Total Current Liabilities
104.36M93.14M88.73M92.17M114.2M112.25M94.67M110.21M132.01M138.77M
Mortgages----------
Deferred Taxes/Income203.96M205.09M204.81M326.2M328.12M332.64M333.14M332.32M337.33M325.86M
Convertible Debt----------
Long-Term Debt197.39M216.58M219.45M224.14M228.84M251.54M254.39M261.54M281.54M311.54M
Non-Current Capital Leases----------
Other Long-Term Liabilities18.72M18.54M18.45M18.8M18.58M18.45M18.15M18.27M6.79M6.7M
Total Liabilities
524.43M533.37M531.45M661.32M689.75M714.89M700.36M722.35M757.69M782.89M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus264.6M263.73M262.88M261.89M260.54M259.68M258.88M258.26M257M256.16M
Retained Earnings784.66M758.92M767.85M660.33M657.28M636.13M644.3M649.79M642.29M623.72M
Treasury Stock114.78M113.67M111.98M110.21M108.9M107.76M105.86M104.06M102.91M101.75M
Other Liabilities----------
Shareholders Equity934.94M909.44M919.22M812.48M809.37M788.51M797.78M804.44M796.84M778.59M
Total Liabilities & Shareholders Equity1.46B1.44B1.45B1.47B1.5B1.5B1.5B1.53B1.55B1.56B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Speedway Motorsports stock price by looking at Speedway Motorsports historical stock prices. One can compare PE with industry average by looking at the Speedway Motorsports PE ratio chart. The common balance sheet items are:

  • Assets: TRK total assets, which was at $1.46B for 2018 Q2 is a balance sheet item representing value of what Speedway Motorsports owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Speedway Motorsports's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for TRK stock stand at $524.43M.

Speedway Motorsports Balance Sheet - Key Ratios

Current ratio
1.32
Debt to equity ratio
0.22
Asset turnover ratio
0.46
Receivables turnover
11.91
Price to book ratio
0.8