MID STATE RACEWAY INC

EDGAR

34 filing records in this dataset, filed from 1995-06-28 to 2004-05-14. Explore the available filing history and original sources.

Watchlist

Latest quarter

Revenue

1.17 million USD

2004-03-31 · USD

Exact inputs and evidence

Operating margin

-110.54%

2004-03-31 · %

Exact inputs and evidence
  • Operating Income: -1293190 USD Source
  • Revenue: 1169929 USD Source

Operating cash flow

-1.13 million USD

2004-03-31 · USD

Exact inputs and evidence
  • Operating Cash Flow: -1126344 USD Source
Cash and cash equivalents
196 thousand USD Source
Exact value

196352 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

7.94 million USD

2003-04-01 – 2004-03-31

Exact inputs and evidence
  • Revenue: 2361111 USD · 2003-04-01 – 2003-06-30 Source
  • Revenue: 2704891 USD · 2003-07-01 – 2003-09-30 Source
  • Revenue: 8258385 USD · 2003-01-01 – 2003-12-31 Source
  • Revenue: 6551599 USD · 2003-01-01 – 2003-09-30 Source
  • Revenue: 1169929 USD · 2004-01-01 – 2004-03-31 Source

Net income

-9.44 million USD

2003-04-01 – 2004-03-31

Exact inputs and evidence
  • Net income: -2088679 USD · 2003-04-01 – 2003-06-30 Source
  • Net income: -1939665 USD · 2003-07-01 – 2003-09-30 Source
  • Net income: -8716891 USD · 2003-01-01 – 2003-12-31 Source
  • Net income: -5542428 USD · 2003-01-01 – 2003-09-30 Source
  • Net income: -2242002 USD · 2004-01-01 – 2004-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2004-05-14.

Financial data available through: 2003-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2003-12-31
  • Operating income: 11 of 11 periods available· newest 2003-12-31
  • Net income: 11 of 11 periods available· newest 2003-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2003-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 4 of 11 periods available· newest 2002-12-31
  • Total liabilities: 2 of 11 periods available· newest 2003-12-31
  • Current assets: 11 of 11 periods available· newest 2003-12-31
  • Current liabilities: 11 of 11 periods available· newest 2003-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2003-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -4.9%

    Prior period

    USD 8.68 million

    –

    Current period

    USD 8.26 million

    –

    Exact inputs and evidence

    8258385 − 8682225 = -423840 USD

    8682225 USD · 2002-01-01 – 2002-12-31

    Inspect prior input Prior source

    8258385 USD · 2003-01-01 – 2003-12-31

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  • Net income

    −USD 3.75 million

    Prior period

    −USD 4.97 million

    –

    Current period

    −USD 8.72 million

    –

    Exact inputs and evidence

    -8716891 − -4969224 = -3747667 USD

    -4969224 USD · 2002-01-01 – 2002-12-31

    Inspect prior input Prior source

    -8716891 USD · 2003-01-01 – 2003-12-31

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  • Operating cash flow

    −USD 2.59 million

    Prior period

    −USD 2.41 million

    –

    Current period

    −USD 5 million

    –

    Exact inputs and evidence

    -4995718 − -2409020 = -2586698 USD

    -2409020 USD · 2002-01-01 – 2002-12-31

    Inspect prior input Prior source

    -4995718 USD · 2003-01-01 – 2003-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2003 2003-01-01 – 2003-12-31

  • Revenue USD 8.26 million 100% of revenue
  • Operating costs Derived USD 12.56 million 152% of revenue
  • Operating income −USD 4.31 million −52% of revenue
  • Tax, interest and other Derived USD 4.41 million 53% of revenue
  • Net income −USD 8.72 million −106% of revenue

Cash

  • Operating cash flow −USD 5 million −60% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 1999 Operating loss: operating costs were 125% of revenue.
  • 2000 Operating loss: operating costs were 117% of revenue.
  • 2001 Operating loss: operating costs were 124% of revenue.
  • 2002 Operating loss: operating costs were 133% of revenue.
  • 2003 Operating loss: operating costs were 152% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
1999 1999-01-01 – 1999-12-315953547 7453820 Derived -1500273 -131306 Derived -1368967 Unavailable
Source
2000 2000-01-01 – 2000-12-317609185 8882553 Derived -1273368 -391761 Derived -881607 Unavailable
Source
2001 2001-01-01 – 2001-12-318507433 10531514 Derived -2024081 238110 Derived -2262191 Unavailable
Source
2002 2002-01-01 – 2002-12-318682225 11511312 Derived -2829087 2140137 Derived -4969224 Unavailable
Source
2003 2003-01-01 – 2003-12-318258385 12564884 Derived -4306499 4410392 Derived -8716891 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 8.3M 2003
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.4M7.0M4.7M2.3M0.0199519992003
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
1995Revenue7138280
1996Revenue6729080
1996Revenue6729080
1997Revenue5381327
1998Revenue6401916
1999Revenue5953547
2000Revenue7609185
2001Revenue8507433
2002Revenue8682225
2003Revenue8258385

Revenue growth

Change in revenue from the same financial period one year earlier.

-4.9% 2003
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.32%18%4%-10%-24%199519992003
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
1995Year over yearNo prior comparable period
1996Year over yearNo prior comparable period
1996Year over year-5.7%
1997Year over year-20%
1998Year over year19%
1999Year over year-7%
2000Year over year27.8%
2001Year over year11.8%
2002Year over year2.1%
2003Year over year-4.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -52.1% 2003
Net margin -105.6% 2003
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10%-21%-52%-83%-114%199519992003
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
1995Operating margin-6.5%
1996Operating margin-21%
1996Operating margin-21%
1997Operating margin-11.4%
1998Operating margin-12.8%
1999Operating margin-25.2%
2000Operating margin-16.7%
2001Operating margin-23.8%
2002Operating margin-32.6%
2003Operating margin-52.1%
1995-12-31Net marginNot reported
1996-09-30Net marginNot reported
1996-12-31Net marginNot reported
1997-12-31Net marginNot reported
1998Net margin1.8%
1999Net margin-23%
2000Net margin-11.6%
2001Net margin-26.6%
2002Net margin-57.2%
2003Net margin-105.6%
1995Free cash flow marginNot reported
1996Free cash flow marginNot reported
1996Free cash flow marginNot reported
1997Free cash flow marginNot reported
1998Free cash flow marginNot reported
1999Free cash flow marginNot reported
2000Free cash flow marginNot reported
2001Free cash flow marginNot reported
2002Free cash flow marginNot reported
2003Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -5M 2003
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.399.7K-1.0M-2.5M-3.9M-5.4M199519992003
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1995Operating cash flowNot reportedNo source recorded
1996Operating cash flowNot reportedNo source recorded
1996Operating cash flowNot reportedNo source recorded
1997Operating cash flowNot reportedNo source recorded
1998Operating cash flowNot reportedNo source recorded
1999Operating cash flow-331557
2000Operating cash flow-838765
2001Operating cash flow-1204222
2002Operating cash flow-2409020
2003Operating cash flow-4995718

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1995Free cash flowUnavailableNo source recorded
1996Free cash flowUnavailableNo source recorded
1996Free cash flowUnavailableNo source recorded
1997Free cash flowUnavailableNo source recorded
1998Free cash flowUnavailableNo source recorded
1999Free cash flowUnavailable
2000Free cash flowUnavailable
2001Free cash flowUnavailable
2002Free cash flowUnavailable
2003Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

183% 2002
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.198%148%99%49%0%1995-12-311999-12-312003
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
1995-12-31Liabilities / assetsNot reported
1996-09-30Liabilities / assetsNot reportedNo source recorded
1996-12-31Liabilities / assetsNot reportedNo source recorded
1997-12-31Liabilities / assetsNot reportedNo source recorded
1998-12-31Liabilities / assetsNot reportedNo source recorded
1999-12-31Liabilities / assetsNot reportedNo source recorded
2000-12-31Liabilities / assetsNot reportedNo source recorded
2001-12-31Liabilities / assetsNot reported
2002Liabilities / assets183%
2003Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.51× 2003
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.61×1.96×1.30×0.65×0.00×199519992003
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
1995Current assets / current liabilities2.41×
1996Current assets / current liabilities0.58×
1996Current assets / current liabilities0.58×
1997Current assets / current liabilities0.43×
1998Current assets / current liabilities2.01×
1999Current assets / current liabilities1.86×
2000Current assets / current liabilities0.31×
2001Current assets / current liabilities0.2×
2002Current assets / current liabilities0.98×
2003Current assets / current liabilities0.51×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
1999 1998-04-01 – 1999-03-31
−USD 1.37 million
Exact value

Exact value: -1368967 USD

1998-04-01 – 1999-03-31: -1368967 USD Inspect Net Income Open source
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−USD 327,551
Exact value

Exact value: -327551 USD

1998-04-01 – 1999-03-31: -327551 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1999 1998-07-01 – 1999-06-30
−USD 1.37 million
Exact value

Exact value: -1368967 USD

1998-07-01 – 1999-06-30: -1368967 USD Inspect Net Income Open source
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−USD 327,551
Exact value

Exact value: -327551 USD

1998-07-01 – 1999-06-30: -327551 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1999 1998-10-01 – 1999-09-30
−USD 949,080
Exact value

Exact value: -949080 USD

1998-10-01 – 1999-09-30: -949080 USD Inspect Net Income Open source
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USD 65,220
Exact value

Exact value: 65220 USD

1998-10-01 – 1999-09-30: 65220 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1999 1999-01-01 – 1999-12-31
−USD 1.37 million
Exact value

Exact value: -1368967 USD

1999-01-01 – 1999-12-31: -1368967 USD Inspect Net Income Open source
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−USD 331,557
Exact value

Exact value: -331557 USD

1999-01-01 – 1999-12-31: -331557 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2000 1999-04-01 – 2000-03-31
USD 1.07 million
Exact value

Exact value: 1070995 USD

1999-04-01 – 2000-03-31: 1070995 USD Inspect Net Income Open source
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USD 291,789
Exact value

Exact value: 291789 USD

1999-04-01 – 2000-03-31: 291789 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2000 1999-07-01 – 2000-06-30
USD 775,115
Exact value

Exact value: 775115 USD

1999-07-01 – 2000-06-30: 775115 USD Inspect Net Income Open source
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−USD 33,283
Exact value

Exact value: -33283 USD

1999-07-01 – 2000-06-30: -33283 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2000 2000-01-01 – 2000-12-31
−USD 881,607
Exact value

Exact value: -881607 USD

2000-01-01 – 2000-12-31: -881607 USD Inspect Net Income Open source
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−USD 838,765
Exact value

Exact value: -838765 USD

2000-01-01 – 2000-12-31: -838765 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2001 2001-01-01 – 2001-12-31
−USD 2.26 million
Exact value

Exact value: -2262191 USD

2001-01-01 – 2001-12-31: -2262191 USD Inspect Net Income Open source
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−USD 1.2 million
Exact value

Exact value: -1204222 USD

2001-01-01 – 2001-12-31: -1204222 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2002 2002-01-01 – 2002-12-31
−USD 4.97 million
Exact value

Exact value: -4969224 USD

2002-01-01 – 2002-12-31: -4969224 USD Inspect Net Income Open source
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−USD 2.41 million
Exact value

Exact value: -2409020 USD

2002-01-01 – 2002-12-31: -2409020 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2003 2003-01-01 – 2003-12-31
−USD 8.72 million
Exact value

Exact value: -8716891 USD

2003-01-01 – 2003-12-31: -8716891 USD Inspect Net Income Open source
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−USD 5 million
Exact value

Exact value: -4995718 USD

2003-01-01 – 2003-12-31: -4995718 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

34 filings · 0 latest values · 0 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000065914, 65914, edgar:65914