IRIG (Integrated Drilling Equipment Holdings) Beginning Cash Position: $3.78 Mil (As of Dec. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Integrated Drilling Equipment Holdings Beginning Cash Position?

Integrated Drilling Equipment Holdings IRIG Beginning Cash Position is $3.78 Mil as of Dec. 2014.

Integrated Drilling Equipment Holdings's Beginning Cash Position for the quarter that ended in Dec. 2014 was $3.78 Mil.

Integrated Drilling Equipment Holdings's quarterly Beginning Cash Position increased from Jun. 2014 ($0.85 Mil) to Sep. 2014 ($3.47 Mil) and increased from Sep. 2014 ($3.47 Mil) to Dec. 2014 ($3.78 Mil).

Integrated Drilling Equipment Holdings's annual Beginning Cash Position declined from Dec. 2012 ($4.13 Mil) to Dec. 2013 ($1.60 Mil) and declined from Dec. 2013 ($1.60 Mil) to Dec. 2014 ($0.98 Mil).

Integrated Drilling Equipment Holdings Beginning Cash Position Related Terms

Integrated Drilling Equipment Holdings Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Integrated Drilling Equipment Holdings's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Integrated Drilling Equipment Holdings Beginning Cash Position Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Beginning Cash Position
5.92 4.13 1.60 0.98

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.98 0.85 3.47 3.78

Integrated Drilling Equipment Holdings Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $3.78 Mil mean?
Integrated Drilling Equipment Holdings (IRIG) has a Beginning Cash Position of $3.78 Mil as of Dec. 2014. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Integrated Drilling Equipment Holdings and its competitors.
Is Integrated Drilling Equipment Holdings' Beginning Cash Position too high?
Integrated Drilling Equipment Holdings' current Beginning Cash Position is $3.78 Mil.
How does Integrated Drilling Equipment Holdings' Beginning Cash Position compare to ESES and TIRTZ?
Integrated Drilling Equipment Holdings' Beginning Cash Position of $3.78 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Integrated Drilling Equipment Holdings and its competitors. Integrated Drilling Equipment Holdings's current Beginning Cash Position is $3.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Drilling Equipment Holdings stock overvalued right now?
Integrated Drilling Equipment Holdings (IRIG) has a current Beginning Cash Position of $3.78 Mil. The current Beginning Cash Position is $3.78 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Integrated Drilling Equipment Holdings (IRIG), the current Beginning Cash Position is $3.78 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Integrated Drilling Equipment Holdings Business Description

Industry EnergyOil & Gas
Address 25311 I-45 North, Woodpark Business Center, Spring, TX, USA, 77380
Integrated Drilling Equipment Holdings Corp provides products and services to customers in the oil and gas industry both domestically and internationally. It operates in two segments: Electrical Products & Services and Drilling Products & Services.