Speedway Motorsports Stock Total Debt

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Speedway Motorsports Company Total Debt Analysis

Speedway Motorsports' Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Speedway Motorsports Total Debt

    
  200.38 M  
Most of Speedway Motorsports' fundamental indicators, such as Total Debt, 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.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Based on the latest financial disclosure, Speedway Motorsports has a Total Debt of 200.38 M. This is 94.81% lower than that of the Consumer Cyclical sector and 88.11% lower than that of the Leisure industry. The total debt for all United States stocks is 96.23% higher than that of the company.

Speedway Total Debt Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Speedway Motorsports' direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Speedway Motorsports could also be used in its relative valuation, which is a method of valuing Speedway Motorsports by comparing valuation metrics of similar companies.
Speedway Motorsports is currently under evaluation in total debt category among related companies.

Speedway Fundamentals

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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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.
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