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Caspian Services (Caspian Services) ROA % : -4.96% (As of Jun. 2016)


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What is Caspian Services ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Caspian Services's annualized Net Income for the quarter that ended in Jun. 2016 was $-1.69 Mil. Caspian Services's average Total Assets over the quarter that ended in Jun. 2016 was $34.15 Mil. Therefore, Caspian Services's annualized ROA % for the quarter that ended in Jun. 2016 was -4.96%.

The historical rank and industry rank for Caspian Services's ROA % or its related term are showing as below:

CSSV's ROA % is not ranked *
in the Oil & Gas industry.
Industry Median: 2.49
* Ranked among companies with meaningful ROA % only.

Caspian Services ROA % Historical Data

The historical data trend for Caspian Services's ROA % 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 ROA % Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.68 -14.58 -13.74 -22.55 -50.77

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
ROA % 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 -22.81 -124.18 -139.23 -28.02 -4.96

Competitive Comparison of Caspian Services's ROA %

For the Oil & Gas Equipment & Services subindustry, Caspian Services's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's ROA % distribution charts can be found below:

* The bar in red indicates where Caspian Services's ROA % falls into.



Caspian Services ROA % Calculation

Caspian Services's annualized ROA % for the fiscal year that ended in Sep. 2015 is calculated as:

ROA %=Net Income (A: Sep. 2015 )/( (Total Assets (A: Sep. 2014 )+Total Assets (A: Sep. 2015 ))/ count )
=-27.965/( (67.068+43.092)/ 2 )
=-27.965/55.08
=-50.77 %

Caspian Services's annualized ROA % for the quarter that ended in Jun. 2016 is calculated as:

ROA %=Net Income (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=-1.692/( (33.389+34.901)/ 2 )
=-1.692/34.145
=-4.96 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2016) net income data. ROA % is displayed in the 30-year financial page.


Caspian Services  (OTCPK:CSSV) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=-1.692/34.145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.692 / 20.044)*(20.044 / 34.145)
=Net Margin %*Asset Turnover
=-8.44 %*0.587
=-4.96 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Caspian Services ROA % Related Terms

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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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