IRIG (Integrated Drilling Equipment Holdings) Tax Provision: $-0.07 Mil (TTM As of Dec. 2014)


What is Integrated Drilling Equipment Holdings Tax Provision?

Integrated Drilling Equipment Holdings IRIG Tax Provision is $-0.07 Mil as of Dec. 2014.

Integrated Drilling Equipment Holdings's tax provision for the three months ended in Dec. 2014 was $0.04 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2014 was $-0.07 Mil.

Integrated Drilling Equipment Holdings Tax Provision Historical Data

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The historical data trend for Integrated Drilling Equipment Holdings's Tax Provision 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 Tax Provision Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Tax Provision
-1.74 -0.77 -3.94 -0.07

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Tax Provision 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 0.20 -0.07 -0.02 -0.02 0.04

Integrated Drilling Equipment Holdings Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

* 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 Tax Provision →
What does a Tax Provision of $-0.07 Mil mean?
Integrated Drilling Equipment Holdings (IRIG) has a Tax Provision of $-0.07 Mil as of Dec. 2014. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Integrated Drilling Equipment Holdings and its competitors.
Is Integrated Drilling Equipment Holdings' Tax Provision too high?
Integrated Drilling Equipment Holdings' current Tax Provision is $-0.07 Mil.
How does Integrated Drilling Equipment Holdings' Tax Provision compare to ESES and TIRTZ?
Integrated Drilling Equipment Holdings' Tax Provision of $-0.07 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 Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Integrated Drilling Equipment Holdings and its competitors. Integrated Drilling Equipment Holdings's current Tax Provision is $-0.07 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 Tax Provision of $-0.07 Mil. The current Tax Provision is $-0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Integrated Drilling Equipment Holdings (IRIG), the current Tax Provision is $-0.07 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.