UNION DRILLING INC company info

CIK 1133260
IRS Number 161537048
State of incorporation DE
Business address 4055 INTERNATIONAL PLAZA
SUITE 610
FORT WORTH
TX
76109
Mail address 4055 INTERNATIONAL PLAZA
SUITE 610
FORT WORTH
TX
76109

Short summary

UNION DRILLING INC is a Texas company, with head office located at 4055 International Plaza Fort Worth, Texas 76109. In 2012 the company owned a total of 358.97 million USD worth of assets, including 42.65 million USD worth of current assets. 2011 was the year when the company amassed the most assets.

UNION DRILLING INC Income Statement

Name [in Millions USD]20082009201020112012Trends
Operating Expenses 184.56217.87260.17
Operating Income (Loss) -15.64-25.33-9.28
Interest expense 0.791.011.49
Income Tax Expense (Benefit) -4.39-8.91-1.59
Net income -12.03-16.07-5.35

UNION DRILLING INC Balance Sheet

Name [in Millions USD]20082009201020112012Trends
Cash and cash equivalents 0.410.017.670.010.01
Accounts Receivable, Net, Current 33.4047.6338.88
Inventories 1.070.940.94
Deferred income taxes 1.191.251.14
Property, Plant and Equipment, Gross 546.80553.70
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 262.39231.93238.71
Intangible Assets, Net (Excluding Goodwill) 1.130.830.75
Other Assets, Noncurrent 0.630.630.57
Total assets 325.31368.34358.97
Current assets 45.2552.0142.65
Accounts payable 16.0220.6014.60
Total current liabilities 27.7333.7926.70
Deferred income taxes 41.9842.7743.37
Total liabilities 130.80180.83170.64
Common Stock, Value, Issued 0.250.250.25
Retained Earnings (Accumulated Deficit) 33.1534.2234.71

UNION DRILLING INC Cash Flow

Name [in Millions USD]20082009201020112012Trends
Net income -12.03-16.07-5.35
Depreciation and amortization 47.7249.9350.85
Deferred Income Tax Expense (Benefit) 3.68-9.09-1.17
Accounts receivable -20.617.8215.98
Inventories -0.50-0.69-0.42
Accounts payable -4.693.096.15
Net Cash Provided by (Used in) Operating Activities 58.5034.8833.95
Net Cash Provided by (Used in) Investing Activities -43.92-55.62-71.16
Payments for Repurchase of Common Stock 1.560.43
Net Cash Provided by (Used in) Financing Activities -14.9820.7437.21
Cash and Cash Equivalents, Period Increase (Decrease) -0.40-0.000.00