Integrated Drilling Equipment Holdings Corp.

IRIG

IRIGIntegrated Drilling Equipment Holdings Corp. US flag

Other OTC

0.05

USD

- -

440,496.00Market Cap

Income Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014

Sales/Revenue/Turnover	164	284	104	87
+ Sales & Services Revenue	164	284	104	87
- Cost of Revenue	135	247	75	60
+ Cost of Goods & Services	135	247	75	60
Gross Profit	29	38	29	28
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	21	37	27	23
+ Selling, General & Admin	20	35	25	21
+ Research & Development	- -	- -	- -	- -
+ Other Operating Expense	1	2	2	2
Operating Income (Loss)	7	1	2	5
- Non-Operating (Income) Loss	4	1	6	5
+ Interest Expense, Net	4	1	6	6
+ Interest Expense	4	1	6	6
- Interest Income	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	-1
Pretax Income	4	- -	-4	-1
- Income Tax Expense (Benefit)	2	1	4	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	-1	-8	-1
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	2	-1	-8	-1
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	2	-1	-8	-1
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	-1	-8	-1
EBIT	7	1	2	5
EBITDA	9	3	4	7
EBITDA Margin (%)	5.29	0.88	3.9	7.62
EBITA	7	1	2	5
Gross Margin (%)	17.43	13.2	28.03	31.63
Operating Margin (%)	4.53	0.19	1.81	5.2
Profit Margin (%)	1.31	-0.45	-7.38	-0.99
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	3.49	- -	- -
Depreciation Expense	1	2	2	2
Basic Weighted Avg Shares	6	6	9	- -
Basic EPS, GAAP	0.36	-0.22	-0.88	- -
Basic EPS from Cont Ops	0.36	-0.22	-0.88	- -
Diluted Weighted Avg Shares	6	6	9	- -
Diluted EPS, GAAP	0.36	-0.22	-0.87	- -
Diluted EPS from Cont Ops	0.36	-0.22	-0.87	- -

Balance Sheet (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014

Total Current Assets	66	44	22	30
+ Cash, Cash Equivalents & STI	4	2	1	1
+ Cash & Cash Equivalents	4	2	1	1
+ ST Investments	- -	- -	- -	- -
+ Accounts & Notes Receiv	31	27	13	20
+ Accounts Receivable, Net	15	15	9	15
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	16	12	4	5
+ Inventories	30	12	7	8
+ Raw Materials	7	7	5	4
+ Work In Process	22	5	2	4
+ Finished Goods	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	1	3	1	1
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	10	14	7	4
+ Property, Plant & Equip, Net	3	3	2	2
+ Property, Plant & Equip	6	8	8	8
- Accumulated Depreciation	3	4	5	6
+ LT Investments & Receivables	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	8	10	5	2
+ Total Intangible Assets	4	4	3	2
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	4	4	3	2
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	4	6	2	1
Total Assets	76	58	29	34
+ Payables & Accruals	31	35	23	22
+ Accounts Payable	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	31	35	23	22
+ ST Debt	2	1	13	38
+ ST Borrowings	2	1	13	38
+ ST Finance Leases	- -	- -	- -	- -
+ Other ST Liabilities	47	13	6	10
+ Deferred Revenue	47	13	6	10
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -
Total Current Liabilities	79	49	42	69
+ LT Debt	3	37	23	1
+ LT Borrowings	3	37	23	1
+ LT Finance Leases	- -	- -	- -	- -
+ Other LT Liabilities	- -	- -	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -
Total Noncurrent Liabilities	3	37	23	2
Total Liabilities	82	86	65	71
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -	- -
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -	- -
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	-6	-28	-36	-36
+ Other Equity	- -	- -	- -	- -
Equity Before Minority Interest	-6	-28	-36	-36
+ Minority/Non Controlling Interest	- -	- -	- -	- -
Total Equity	-6	-28	-36	-36
Total Liabilities & Equity	76	58	29	34
Shares Outstanding	9	9	9	9
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -
Net Debt	1	36	35	38
Net Debt to Equity	-12.93	-126.06	-97.62	-103.97
Tangible Common Equity Ratio	-13.32	-61.78	-144.05	-115.09
Current Ratio	0.83	0.89	0.53	0.44
Cash Conversion Cycle	- -	50.28	90.31	97.24

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014

+ Net Income	2	-1	-8	-1
+ Depreciation & Amortization	1	2	2	2
+ Non-Cash Items	2	1	7	4
+ Stock-Based Compensation	- -	- -	- -	- -
+ Deferred Income Taxes	2	1	4	- -
+ Asset Impairment Charge	- -	- -	1	- -
+ Other Non-Cash Adj	1	1	2	4
+ Chg in Non-Cash Work Cap	20	-12	1	-4
+ (Inc) Dec in Accts Receiv	-10	3	14	-7
+ (Inc) Dec in Inventories	-19	17	5	-1
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	8	2	-10	-1
+ Inc (Dec) in Other	42	-34	-8	4
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	26	-10	2	1
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-1	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -
+ Decrease in Capital Stock	-1	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	-4	-4	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-4	-4	- -	- -
+ Dividends Paid	- -	-20	- -	- -
+ Net Cash From Debt	-22	32	-3	-1
+ Cash From Debt	5	114	103	88
+ Repayments of Debt	-27	-81	-105	-88
+ Other Financing Activities	- -	-1	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	-23	11	-3	-1
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	-2	-3	-1	- -
EBITDA	9	3	4	7
EBITDA Margin (%)	5.29	0.88	3.9	7.62
Free Cash Flow	26	-10	2	1
Net Cash Paid for Acquisitions	- -	- -	- -	- -
Free Cash Flow to Firm	28	- -	- -	- -
Free Cash Flow to Equity	- -	23	- -	- -
Free Cash Flow per Basic Share	4.35	-1.72	0.25	- -
Price/Free Cash Flow	2.24	-5.7	16.98	- -
Cash Flow to Net Income	12.05	7.75	-0.29	-1.23
Capital Expenditures	- -	- -	- -	- -