Integrated Drilling Equipment Holdings Corp
Integrated Drilling Equipment Holdings Corp. manufactures drilling rigs, rig control systems, and rig components; and provides rig refurbishment and reconfiguration services for contract drilling companies worldwide. It operates through two segments, Electrical Products and Services, and Drilling Products and Services. The Electrical Products and Services segment designs, manufactures, installs, … Read more
Integrated Drilling Equipment Holdings Corp (IRIG) - Net Assets
Latest net assets as of December 2014: $-36.45 Million USD
Based on the latest financial reports, Integrated Drilling Equipment Holdings Corp (IRIG) has net assets worth $-36.45 Million USD as of December 2014.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.49 Million) and total liabilities ($70.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-36.45 Million |
| % of Total Assets | -105.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Integrated Drilling Equipment Holdings Corp - Net Assets Trend (2011–2014)
This chart illustrates how Integrated Drilling Equipment Holdings Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Integrated Drilling Equipment Holdings Corp (2011–2014)
The table below shows the annual net assets of Integrated Drilling Equipment Holdings Corp from 2011 to 2014.
| Year | Net Assets | Change |
|---|---|---|
| 2014-12-31 | $-36.45 Million | -2.43% |
| 2013-12-31 | $-35.59 Million | -25.13% |
| 2012-12-31 | $-28.44 Million | -378.11% |
| 2011-12-31 | $-5.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Integrated Drilling Equipment Holdings Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3050400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2014)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Total Equity | $-36.45 Million | 100.00% |
Integrated Drilling Equipment Holdings Corp Competitors by Market Cap
The table below lists competitors of Integrated Drilling Equipment Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Victor Mining Industry Group Inc
PINK:VMTG
|
$455.55 |
|
Pacific Assets Trust plc
LSE:PAC
|
$455.93 |
|
Thalassa Holdings Ltd
LSE:THAL
|
$455.97 |
|
MITRA ADIPERKASA (QGI.SG)
STU:QGI
|
$456.60 |
|
Hartanah Kenyalang Berhad
KLSE:0359
|
$454.93 |
|
Madulsima Plantations PLC
CM:MADUN0000
|
$454.20 |
|
Synrgy Corp
PINK:SNGY
|
$453.30 |
|
Neptune Wellness Solutions Inc
PINK:NEPTF
|
$453.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Integrated Drilling Equipment Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2013 to 2014, total equity changed from -35,585,000 to -36,451,000, a change of -866,000.
- Net loss of 866,000 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2013 to 2014)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-866.00K | -2.38% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Integrated Drilling Equipment Holdings Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $0.05 | x |
| 2012-12-31 | $0.00 | $0.05 | x |
| 2013-12-31 | $0.00 | $0.05 | x |
| 2014-12-31 | $0.00 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Integrated Drilling Equipment Holdings Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.99%
- • Asset Turnover: 2.53x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 1.31% | 2.15x | 0.00x | $2.74 Million |
| 2012 | 0.00% | -0.45% | 4.93x | 0.00x | $1.58 Million |
| 2013 | 0.00% | -7.38% | 3.52x | 0.00x | $-4.10 Million |
| 2014 | 0.00% | -0.99% | 2.53x | 0.00x | $2.78 Million |
Industry Comparison
This section compares Integrated Drilling Equipment Holdings Corp's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,886,529,899
- Average return on equity (ROE) among peers: -10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Integrated Drilling Equipment Holdings Corp (IRIG) | $-36.45 Million | 0.00% | N/A | $455.10 |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $216.46 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.29 Billion |
| Akastor ASA (AKKVF) | $4.32 Billion | -7.46% | 1.09x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $59.95 Million | -1.69% | 3.89x | $0.96 |
| Archrock Inc (AROC) | $1.82 Billion | -30.24% | 1.91x | $6.07 Billion |
| Anton Oilfield Services Group (ATONY) | $2.69 Billion | 8.25% | 1.69x | $381.63 Million |
| Auri Inc (AURI) | $-2.36 Million | 0.00% | 0.00x | $1.86 |
| Baker Hughes Co (BKR) | $18.27 Billion | -54.42% | 1.08x | $56.68 Billion |
| Kbridge Energy Corp (BMMCF) | $-176.86K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $47.17 Million | -17.76% | 1.79x | $4.32 Million |