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Caspian Services (Caspian Services) Debt-to-EBITDA : 7.05 (As of Jun. 2016)


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What is Caspian Services Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Caspian Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $87.69 Mil. Caspian Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was $0.00 Mil. Caspian Services's annualized EBITDA for the quarter that ended in Jun. 2016 was $12.44 Mil. Caspian Services's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2016 was 7.05.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Caspian Services's Debt-to-EBITDA or its related term are showing as below:

CSSV's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Caspian Services Debt-to-EBITDA Historical Data

The historical data trend for Caspian Services's Debt-to-EBITDA 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.

Caspian Services Debt-to-EBITDA Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.65 -139.61 19.86 -11.63 -3.98

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -33.95 -1.17 -1.57 67.25 7.05

Competitive Comparison of Caspian Services's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Caspian Services's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Caspian Services's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Caspian Services's Debt-to-EBITDA falls into.



Caspian Services Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Caspian Services's Debt-to-EBITDA for the fiscal year that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(81.972 + 0) / -20.612
=-3.98

Caspian Services's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(87.691 + 0) / 12.436
=7.05

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2016) EBITDA data.


Caspian Services  (OTCPK:CSSV) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Caspian Services Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Caspian Services's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Caspian Services (Caspian Services) Business Description

Traded in Other Exchanges
N/A
Address
2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
Executives
Bakhytbek R Baiseitov 10 percent owner 291/21, DOSKYK AVE,, ALMATY 1P 050020
Mark Donegan 10 percent owner STIRLING SQUARE, 7 CARLTON GARDENS, LONDON X0 SW1Y 5AD
Mirgali Kunayev director, 10 percent owner C/O LERNER & KAPLAN PLLC, 4121 18TH AVENUE, BROOKLYN NY 11218

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