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International Speedway (International Speedway) Capex-to-Operating-Cash-Flow : 0.58 (As of Aug. 2019)


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What is International Speedway Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

International Speedway's Capital Expenditure for the three months ended in Aug. 2019 was $-22.98 Mil. Its Cash Flow from Operations for the three months ended in Aug. 2019 was $39.55 Mil.

Hence, International Speedway's Capex-to-Operating-Cash-Flow for the three months ended in Aug. 2019 was 0.58.


International Speedway Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for International Speedway's Capex-to-Operating-Cash-Flow 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 Capex-to-Operating-Cash-Flow Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.02 0.57 0.76 0.78

International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Capex-to-Operating-Cash-Flow 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 2.04 1.05 0.67 0.21 0.58

Competitive Comparison of International Speedway's Capex-to-Operating-Cash-Flow

For the Leisure subindustry, International Speedway's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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 Capex-to-Operating-Cash-Flow Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where International Speedway's Capex-to-Operating-Cash-Flow falls into.



International Speedway Capex-to-Operating-Cash-Flow Calculation

International Speedway's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Nov. 2018 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-159.792) / 205.339
=0.78

International Speedway's Capex-to-Operating-Cash-Flow for the quarter that ended in Aug. 2019 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-22.983) / 39.547
=0.58

* 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) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


International Speedway Capex-to-Operating-Cash-Flow 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

International Speedway (International Speedway) Headlines