SPEEDWAY MOTORSPORTS LLC
Consumer Discretionary · Services-Racing, Including Track Operation · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $461.9M | $458.4M | $495.4M | $474.7M | $484.3M | $480.6M |
| Operating income | $62.9M | $58.0M | $73.3M | −$20.2M | $60.2M | $2.1M |
| Net income | $40.4M | $148.2M | $39.5M | −$34.4M | $31.1M | −$6.5M |
| Total assets | $1.43B | $1.46B | $1.50B | $1.53B | $1.69B | $1.79B |
| Total liabilities | $491.6M | $539.0M | $700.4M | $748.0M | $887.1M | $960.3M |
| Equity | $934.8M | $919.2M | $797.8M | $784.8M | $847.8M | $842.6M |
| EPS (diluted) | $0.99 | $3.61 | $0.96 | $-0.83 | $0.75 | $-0.16 |
| Shares out. | 41.0M | 41.1M | 41.2M | 41.3M | 41.4M | 41.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 13.6%
- Net margin
- 8.8%
- Return on equity
- 4.3%
- Return on assets
- 2.8%
- Return on capital (ROCE)
- 4.6%
- Liabilities / assets
- 34.5%
- Debt / equity
- 0.53×
- Book value / share
- $22.81
- Revenue growth (YoY)
- 0.8%
- Net income growth (YoY)
- −72.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2018- Altman Z″ (distress)
- 4.32safe
- Accruals / assets
- −3.5%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 6 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 16, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 10, 2005
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Change in control · Director / officer change · Amended charter or bylawsSep 19, 2019
- Results of operationsJul 31, 2019
- Entered a material agreement · Amended charter or bylaws · Other material eventJul 24, 2019
- Other material eventMay 20, 2019
- Results of operationsMay 1, 2019
- Shareholder voteApr 26, 2019
- Other material eventApr 24, 2019
- Director / officer changeMar 18, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC TO-T/ADec 22, 2021
- SC TO-T/ADec 14, 2021
- SC TO-T/ADec 13, 2021
- SC TO-T/ADec 1, 2021
- SC TO-TNov 23, 2021
- 15-12BFORM 15-12BOct 9, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
- S-8 POSFORM S-8 POSOct 1, 2019
Event-driven situations (3)
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