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Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Total Assets : $34.49 Mil (As of Dec. 2014)


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What is Integrated Drilling Equipment Holdings Total Assets?

Integrated Drilling Equipment Holdings's Total Assets for the quarter that ended in Dec. 2014 was $34.49 Mil.

Total Assets is connected with ROA %. Integrated Drilling Equipment Holdings's annualized ROA % for the quarter that ended in Dec. 2014 was 29.00%. Total Assets is also linked to Revenue through Asset Turnover. Integrated Drilling Equipment Holdings's Asset Turnover for the quarter that ended in Dec. 2014 was 0.88.


Integrated Drilling Equipment Holdings Total Assets Historical Data

The historical data trend for Integrated Drilling Equipment Holdings's Total Assets 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.

* Premium members only.

Integrated Drilling Equipment Holdings Total Assets Chart

Integrated Drilling Equipment Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Total Assets
76.23 57.63 29.44 34.49

Integrated Drilling Equipment Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Total Assets 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 29.44 30.11 26.68 31.25 34.49

Integrated Drilling Equipment Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Integrated Drilling Equipment Holdings's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=-36.451+70.942
=34.49

Integrated Drilling Equipment Holdings's Total Assets for the quarter that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (Q: Dec. 2014 )+Total Liabilities (Q: Dec. 2014 )
=-36.451+70.942
=34.49

* 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  (OTCPK:IRIG) Total Assets Explanation

Total Assets is connected with ROA %.

Integrated Drilling Equipment Holdings's annualized ROA % for the quarter that ended in Dec. 2014 is

ROA %=Net Income (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=9.532/( (31.248+34.491)/ 2 )
=9.532/32.8695
=29.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2014) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Integrated Drilling Equipment Holdings's Asset Turnover for the quarter that ended in Dec. 2014 is

Asset Turnover
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Sep. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=28.866/( (31.248+34.491)/ 2 )
=28.866/32.8695
=0.88

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Integrated Drilling Equipment Holdings Total Assets Related Terms

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Integrated Drilling Equipment Holdings (Integrated Drilling Equipment Holdings) Business Description

Traded in Other Exchanges
N/A
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.

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