Independence Financial Statements From 2010 to 2024

ICD Stock  USD 1.85  0.07  3.65%   
Independence Contract financial statements provide useful quarterly and yearly information to potential Independence Contract Drilling investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Independence Contract financial statements helps investors assess Independence Contract's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Independence Contract's valuation are summarized below:
Gross Profit
63.3 M
Profit Margin
(0.18)
Market Capitalization
29.3 M
Enterprise Value Revenue
0.8632
Revenue
210.1 M
There are over one hundred nineteen available fundamental trends for Independence Contract, which can be analyzed over time and compared to other ratios. Investors should ensure to confirm all of Independence Contract's regular performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.

Independence Contract Total Revenue

118.35 Million

Check Independence Contract financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independence main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.8 M, Interest Expense of 37.8 M or Selling General Administrative of 17 M, as well as many exotic indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.31 or PTB Ratio of 0.18. Independence financial statements analysis is a perfect complement when working with Independence Contract Valuation or Volatility modules.
  
This module can also supplement Independence Contract's financial leverage analysis and stock options assessment as well as various Independence Contract Technical models . Check out the analysis of Independence Contract Correlation against competitors.

Independence Contract Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets404.9 M511.2 M343.8 M
Slightly volatile
Other Current Liabilities12.8 M14.9 M10.4 M
Slightly volatile
Total Current Liabilities33 M40.6 M27.8 M
Slightly volatile
Total Stockholder Equity257.9 M181.6 M224.1 M
Slightly volatile
Other Liabilities23.4 M22.3 M8.2 M
Slightly volatile
Property Plant And Equipment Net340.7 M350.4 M281.7 M
Slightly volatile
Current Deferred Revenue891.7 K578 KM
Pretty Stable
Accounts Payable16.9 M23 M14.8 M
Slightly volatile
Cash7.4 M5.6 M12.9 M
Slightly volatile
Non Current Assets Total359.9 M468.1 M301.7 M
Slightly volatile
Cash And Short Term Investments7.4 M5.6 M12.9 M
Slightly volatile
Net Receivables24.2 M31.7 M20 M
Slightly volatile
Common Stock Total Equity148.6 K156.4 K260.7 K
Very volatile
Common Stock Shares Outstanding14.7 M14 M4.5 M
Slightly volatile
Liabilities And Stockholders Equity404.9 M511.2 M343.8 M
Slightly volatile
Non Current Liabilities Total303.5 M289.1 M104.5 M
Slightly volatile
Inventory1.5 M1.6 M1.7 M
Pretty Stable
Other Current Assets4.4 M4.3 M3.7 M
Slightly volatile
Other Stockholder Equity437.5 M618.2 M367.3 M
Slightly volatile
Total Liabilities346.1 M329.7 M133 M
Slightly volatile
Property Plant And Equipment Gross409.2 M625.4 M336 M
Slightly volatile
Total Current Assets44.9 M43.1 M42.1 M
Very volatile
Common Stock231.3 K144 K263.2 K
Pretty Stable
Property Plant Equipment336.7 M432.5 M286.9 M
Slightly volatile
Short and Long Term Debt Total104.6 M158.1 M80.7 M
Slightly volatile
Other Assets2.1 M2.3 M1.8 M
Slightly volatile
Long Term Debt101.8 M152.9 M78.6 M
Slightly volatile
Net Tangible Assets208.1 M193.2 M245.9 M
Pretty Stable
Long Term Debt Total103.7 M164.7 M80.4 M
Slightly volatile
Capital Surpluse473.9 M710.2 M410.2 M
Slightly volatile
Deferred Long Term Liabilities14.8 M14.1 M3.9 M
Slightly volatile
Non Current Liabilities Other4.7 M8.2 M3.3 M
Slightly volatile
Short Term Debt2.1 M2.2 M13.3 M
Slightly volatile
Cash And Equivalents5.6 M4.8 M6.8 M
Pretty Stable
Net Invested Capital307.3 M334.5 M332.9 M
Slightly volatile
Capital Stock263.6 K144 K560.6 K
Slightly volatile
Capital Lease Obligations5.1 M3.8 M2.2 M
Slightly volatile

Independence Contract Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization31.8 M43.5 M26 M
Slightly volatile
Interest Expense37.8 M36 M11.1 M
Slightly volatile
Selling General Administrative17 M26.5 M14.5 M
Slightly volatile
Total Revenue118.4 M210.1 M96 M
Slightly volatile
Other Operating Expenses129.7 M198.9 M106.9 M
Slightly volatile
Cost Of Revenue112.8 M173.8 M92.4 M
Slightly volatile
Total Operating Expenses16.9 M25.1 M14.5 M
Slightly volatile
Non Recurring382.4 K402.5 K17.8 M
Slightly volatile
Interest Income27.9 M26.5 M10.3 M
Slightly volatile
Reconciled Depreciation42.2 M43.2 M32.8 M
Slightly volatile

Independence Contract Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation3.6 M5.7 M3.1 M
Slightly volatile
Begin Period Cash FlowM5.3 M7.5 M
Very volatile
Depreciation31.7 M43.5 M26 M
Slightly volatile
Capital Expenditures37.3 M40.7 M48.7 M
Slightly volatile
End Period Cash Flow7.4 M5.6 M12.9 M
Slightly volatile
Other Cashflows From Investing Activities4.3 M5.5 M3.5 M
Slightly volatile
Change To Netincome73 M69.6 M24.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.160.16342.344
Slightly volatile
Dividend Yield0.310.320.5887
Slightly volatile
PTB Ratio0.180.18910.4658
Slightly volatile
Days Sales Outstanding88.8855.061189.7727
Slightly volatile
Book Value Per Share12.3112.9588148
Slightly volatile
Invested Capital0.90.85390.3831
Slightly volatile
Stock Based Compensation To Revenue0.04530.0270.0526
Slightly volatile
PB Ratio0.180.18910.4658
Slightly volatile
EV To Sales0.840.88932.4406
Slightly volatile
Inventory Turnover11711259.867
Slightly volatile
Days Of Inventory On Hand3.113.278.9037
Slightly volatile
Payables Turnover6.367.55967.0679
Slightly volatile
Sales General And Administrative To Revenue0.08610.09070.2051
Slightly volatile
Cash Per Share0.380.397217.3472
Slightly volatile
Days Payables Outstanding74.3248.282882.1238
Slightly volatile
Intangibles To Total Assets0.0030.00320.0572
Slightly volatile
Current Ratio1.691.06211.8524
Slightly volatile
Tangible Book Value Per Share12.3112.9588130
Slightly volatile
Receivables Turnover3.976.6294.5722
Slightly volatile
Graham Number26.6128.0077173
Slightly volatile
Shareholders Equity Per Share12.3112.9588148
Slightly volatile
Debt To Equity0.90.85390.3831
Slightly volatile
Revenue Per Share14.2414.994739.5185
Slightly volatile
Interest Debt Per Share12.9513.631523.6738
Pretty Stable
Debt To Assets0.180.30330.1993
Slightly volatile
Operating Cycle98.0458.331199.0798
Slightly volatile
Price Book Value Ratio0.180.18910.4658
Slightly volatile
Days Of Payables Outstanding74.3248.282882.1238
Slightly volatile
Company Equity Multiplier2.962.81551.6219
Slightly volatile
Long Term Debt To Capitalization0.480.45710.2466
Slightly volatile
Total Debt To Capitalization0.480.46060.2491
Slightly volatile
Debt Equity Ratio0.90.85390.3831
Slightly volatile
Quick Ratio1.30.9181.4934
Slightly volatile
Net Income Per E B T0.740.95020.8542
Slightly volatile
Cash Ratio0.130.13710.7813
Slightly volatile
Days Of Inventory Outstanding3.113.278.9037
Slightly volatile
Days Of Sales Outstanding88.8855.061189.7727
Slightly volatile
Price To Book Ratio0.180.18910.4658
Slightly volatile
Fixed Asset Turnover0.630.59960.3315
Slightly volatile
Debt Ratio0.180.30330.1993
Slightly volatile
Price Sales Ratio0.160.16342.344
Slightly volatile
Asset Turnover0.220.4110.2453
Slightly volatile
Price Fair Value0.180.18910.4658
Slightly volatile

Independence Contract Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap102.8 M86.5 M85.1 M
Slightly volatile
Enterprise Value113.2 M187.8 M174 M
Slightly volatile

Independence Fundamental Market Drivers

Forward Price Earnings3.4495
Cash And Short Term Investments5.6 M

Independence Upcoming Events

7th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Independence Contract Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Independence Contract income statement, its balance sheet, and the statement of cash flows. Independence Contract investors use historical funamental indicators, such as Independence Contract's revenue or net income, to determine how well the company is positioned to perform in the future. Although Independence Contract investors may use each financial statement separately, they are all related. The changes in Independence Contract's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independence Contract's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Independence Contract Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Independence Contract. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue578 K891.7 K
Total Revenue210.1 M118.4 M
Cost Of Revenue173.8 M112.8 M
Stock Based Compensation To Revenue 0.03  0.05 
Sales General And Administrative To Revenue 0.09  0.09 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.19)(0.20)
Revenue Per Share 14.99  14.24 
Ebit Per Revenue 0.05  0.06 

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When determining whether Independence Contract is a strong investment it is important to analyze Independence Contract's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Independence Contract's future performance. For an informed investment choice regarding Independence Stock, refer to the following important reports:
Check out the analysis of Independence Contract Correlation against competitors.
Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Independence Contract's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Contract. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
14.995
Quarterly Revenue Growth
(0.24)
Return On Assets
0.017
Return On Equity
(0.19)
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.