Caspian Services (Caspian Services) Asset Turnover : 0.15 (As of Jun. 2016)

Caspian Services Asset Turnover Chart

Caspian Services Annual Data
	Trend	Sep06	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15
Asset Turnover		Get a 7-Day Free Trial					0.44	0.26	0.39	0.41	0.30

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Asset Turnover	Get a 7-Day Free Trial															0.05	0.09	0.10	0.07	0.15

Competitive Comparison of Caspian Services's Asset Turnover

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

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

* The bar in red indicates where Caspian Services's Asset Turnover falls into.

Caspian Services Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Caspian Services's Asset Turnover for the fiscal year that ended in Sep. 2015 is calculated as

Caspian Services's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Caspian Services  (OTCPK:CSSV) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Caspian Services's annulized ROE % for the quarter that ended in Jun. 2016 is

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.

^** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Caspian Services's annulized ROA % for the quarter that ended in Jun. 2016 is

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Caspian Services Asset Turnover Related Terms

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Caspian Services (Caspian Services) Business Description