IRIG (Integrated Drilling Equipment Holdings) Debt-to-Asset : 1.14 (As of Dec. 2014)

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What is Integrated Drilling Equipment Holdings Debt-to-Asset?

Integrated Drilling Equipment Holdings IRIG Debt-to-Asset is 1.14 as of Dec. 2014.

Integrated Drilling Equipment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $37.90 Mil. Integrated Drilling Equipment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $1.47 Mil. Integrated Drilling Equipment Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2014 was $34.49 Mil. Integrated Drilling Equipment Holdings's debt to asset for the quarter that ended in Dec. 2014 was 1.14.

Integrated Drilling Equipment Holdings  (OTCPK:IRIG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Integrated Drilling Equipment Holdings Debt-to-Asset Related Terms

Integrated Drilling Equipment Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Integrated Drilling Equipment Holdings's Debt-to-Asset 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 Debt-to-Asset Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
0.07 0.65 1.22 1.14

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Debt-to-Asset 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 1.22 1.25 1.40 1.21 1.14

IRIG vs ESES, TIRTZ, GLFH: Debt-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, Integrated Drilling Equipment Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Integrated Drilling Equipment Holdings Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Integrated Drilling Equipment Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Integrated Drilling Equipment Holdings's Debt-to-Asset falls into.


Integrated Drilling Equipment Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Integrated Drilling Equipment Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(37.904 + 1.47) / 34.491
=1.14

Integrated Drilling Equipment Holdings's Debt-to-Asset for the quarter that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(37.904 + 1.47) / 34.491
=1.14

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 1.14 mean?
Integrated Drilling Equipment Holdings (IRIG) has a Debt-to-Asset of 1.14 as of Dec. 2014. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Integrated Drilling Equipment Holdings and its competitors.
Is Integrated Drilling Equipment Holdings' Debt-to-Asset too high?
Integrated Drilling Equipment Holdings' current Debt-to-Asset is 1.14.
How does Integrated Drilling Equipment Holdings' Debt-to-Asset compare to ESES and TIRTZ?
Integrated Drilling Equipment Holdings' Debt-to-Asset of 1.14 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 Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Integrated Drilling Equipment Holdings and its competitors. Integrated Drilling Equipment Holdings's current Debt-to-Asset is 1.14. 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 Debt-to-Asset of 1.14. The current Debt-to-Asset is 1.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Integrated Drilling Equipment Holdings (IRIG), the current Debt-to-Asset is 1.14 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.