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Caspian Services (Caspian Services) Degree of Financial Leverage : 0.00 (As of Jun. 2016)


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What is Caspian Services Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Caspian Services's Degree of Financial Leverage for the quarter that ended in Jun. 2016 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Caspian Services's Degree of Financial Leverage or its related term are showing as below:

CSSV's Degree of Financial Leverage is not ranked *
in the Oil & Gas industry.
Industry Median: 1.01
* Ranked among companies with meaningful Degree of Financial Leverage only.

Caspian Services Degree of Financial Leverage Historical Data

The historical data trend for Caspian Services's Degree of Financial Leverage 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.

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Caspian Services Degree of Financial Leverage Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Degree of Financial Leverage
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Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Caspian Services's Degree of Financial Leverage

For the Oil & Gas Equipment & Services subindustry, Caspian Services's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage 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 Degree of Financial Leverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Caspian Services's Degree of Financial Leverage falls into.



Caspian Services Degree of Financial Leverage Calculation

Caspian Services's Degree of Financial Leverage for the quarter that ended in Jun. 2016 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.61 (Jun. 2016) / -0.33 (Jun. 2015) - 1 )/( -30.857 (Jun. 2016) / -10.432 (Jun. 2015) - 1 )
=0.8485/1.9579
=0.43***

* 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.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Caspian Services  (OTCPK:CSSV) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Caspian Services Degree of Financial Leverage Related Terms

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


Caspian Services (Caspian Services) Business Description

Industry
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

Caspian Services (Caspian Services) Headlines

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