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) - Total Assets
Latest total assets as of December 2014: $34.49 Million USD
Based on the latest financial reports, Integrated Drilling Equipment Holdings Corp (IRIG) holds total assets worth $34.49 Million USD as of December 2014.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Integrated Drilling Equipment Holdings Corp - Total Assets Trend (2011–2014)
This chart illustrates how Integrated Drilling Equipment Holdings Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Integrated Drilling Equipment Holdings Corp - Asset Composition Analysis
Current Asset Composition (December 2014)
Integrated Drilling Equipment Holdings Corp's total assets of $34.49 Million consist of 87.9% current assets and 12.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $20.17 Million | 58.5% |
| Inventory | $7.95 Million | 23.1% |
| Property, Plant & Equipment | $2.22 Million | 6.4% |
| Intangible Assets | $1.51 Million | 4.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2014)
This chart illustrates how Integrated Drilling Equipment Holdings Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Integrated Drilling Equipment Holdings Corp's current assets represent 87.9% of total assets in 2014, an increase from 86.4% in 2011.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2014, down from 5.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, unchanged from 4.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 58.5% of total assets.
Integrated Drilling Equipment Holdings Corp Competitors by Total Assets
Key competitors of Integrated Drilling Equipment Holdings Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Integrated Drilling Equipment Holdings Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Integrated Drilling Equipment Holdings Corp generates 2.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Integrated Drilling Equipment Holdings Corp is currently not profitable relative to its asset base.
Integrated Drilling Equipment Holdings Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.44 | 0.58 | 0.58 |
| Quick Ratio | 0.32 | 0.43 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-39.11 Million | $ -17.60 Million | $ -17.60 Million |
Integrated Drilling Equipment Holdings Corp - Advanced Valuation Insights
This section examines the relationship between Integrated Drilling Equipment Holdings Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.1% |
| Total Assets | $34.49 Million |
| Market Capitalization | $460.20 USD |
Valuation Analysis
Below Book Valuation: The market values Integrated Drilling Equipment Holdings Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Integrated Drilling Equipment Holdings Corp's assets grew by 17.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Integrated Drilling Equipment Holdings Corp (2011–2014)
The table below shows the annual total assets of Integrated Drilling Equipment Holdings Corp from 2011 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $34.49 Million | +17.14% |
| 2013-12-31 | $29.44 Million | -48.91% |
| 2012-12-31 | $57.63 Million | -24.40% |
| 2011-12-31 | $76.23 Million | -- |