Integrated Drilling Equipment Holdings Corp (IRIG) financial statements (2021 and earlier)

Company profile

Business Address 25311 I-45 NORTH
SPRING, TX 77380
State of Incorp. DE
Fiscal Year End December 31
SIC 3533 - Oil and Gas Field Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments112
Cash and cash equivalents112
Restricted cash and investments  1
Receivables201327
Inventory, net of allowances, customer advances and progress billings8712
Inventory8712
Deferred costs(2)  
Prepaid expense and other current assets1
Deferred tax assets001
Other undisclosed current assets31 
Total current assets:302244
Noncurrent Assets
Property, plant and equipment233
Intangible assets, net (including goodwill)234
Intangible assets, net (excluding goodwill)234
Deposits noncurrent assets000
Deferred costs023
Deferred tax assets, net  3
Total noncurrent assets:4714
TOTAL ASSETS:342958
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:22912
Accounts payable14  
Accrued liabilities7  
Other undisclosed accounts payable and accrued liabilities 912
Debt38131
Other liabilities10513
Other undisclosed current liabilities 1424
Total current liabilities:694149
Noncurrent Liabilities
Long-term debt and lease obligation, including:000
Long-term debt, excluding current maturities12337
Capital lease obligations000
Other undisclosed long-term debt and lease obligation(1)(23)(37)
Liabilities, other than long-term debt00 
Deferred tax liabilities, net00 
Other undisclosed noncurrent liabilities12337
Total noncurrent liabilities:22337
Total liabilities:716486
Stockholders' equity
Stockholders' equity attributable to parent(36)(35)(28)
Common stock000
Accumulated deficit(36)(35)(28)
Total stockholders' equity:(36)(35)(28)
TOTAL LIABILITIES AND EQUITY:342958

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues87104284
Revenue, net87104284
Financial services revenue4477252
Cost of revenue
(Cost of Goods and Services Sold)
(60)(75)(247)
Gross profit:282938
Operating expenses(23)(28)(37)
Other undisclosed operating income (loss)(0)00
Operating income:511
Nonoperating income
(Other Nonoperating income)
110
Interest and debt expense(6)(6)(1)
Loss from continuing operations before income taxes:(1)(4)(0)
Income tax expense(0)(4)(1)
Loss before gain (loss) on sale of properties:(1)(8)(1)
Other undisclosed net income 124
Net income (loss):(1)43
Other undisclosed net loss attributable to parent (12)(4)
Net loss available to common stockholders, diluted:(1)(8)(1)

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(1)43
Comprehensive income (loss), net of tax, attributable to parent:(1)43

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: