Speedway Motorsports Stock Working Capital
Speedway Motorsports fundamentals help investors to digest information that contributes to Speedway Motorsports' financial success or failures. It also enables traders to predict the movement of Speedway Stock. The fundamental analysis module provides a way to measure Speedway Motorsports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Speedway Motorsports stock.
Speedway |
Speedway Motorsports Company Working Capital Analysis
Speedway Motorsports' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Speedway Motorsports Working Capital | 133.3 M |
Most of Speedway Motorsports' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Speedway Motorsports is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
CompetitionBased on the company's disclosures, Speedway Motorsports has a Working Capital of 133.3 M. This is 58.63% lower than that of the Industrials sector and 80.8% lower than that of the Industrial Distribution industry. The working capital for all Germany stocks is 90.98% higher than that of the company.
Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
All Next | Launch Module |
Speedway Fundamentals
Return On Equity | 48.06 | |||
Return On Asset | 13.08 | |||
Profit Margin | 6.88 % | |||
Operating Margin | 7.86 % | |||
Current Valuation | 1.34 B | |||
Shares Outstanding | 37.72 M | |||
Shares Owned By Insiders | 54.74 % | |||
Shares Owned By Institutions | 30.22 % | |||
Number Of Shares Shorted | 228.36 K | |||
Price To Earning | 20.51 X | |||
Price To Book | 12.36 X | |||
Price To Sales | 1.26 X | |||
Revenue | 1.05 B | |||
Gross Profit | 356.9 M | |||
EBITDA | 82.8 M | |||
Net Income | 61.6 M | |||
Cash And Equivalents | 36.9 M | |||
Cash Per Share | 0.98 X | |||
Total Debt | 84.8 M | |||
Debt To Equity | 0.72 % | |||
Current Ratio | 1.45 X | |||
Book Value Per Share | 2.84 X | |||
Cash Flow From Operations | 75.5 M | |||
Short Ratio | 2.99 X | |||
Earnings Per Share | 1.71 X | |||
Price To Earnings To Growth | 1.41 X | |||
Number Of Employees | 1.48 K | |||
Beta | 0.76 | |||
Market Capitalization | 1.33 B | |||
Total Asset | 437.9 M | |||
Retained Earnings | 125.22 M | |||
Working Capital | 133.3 M | |||
Current Asset | 350.37 M | |||
Current Liabilities | 217.07 M | |||
Z Score | 11.0 | |||
Last Dividend Paid | 0.64 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Speedway Stock
If you are still planning to invest in Speedway Motorsports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Speedway Motorsports' history and understand the potential risks before investing.
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |