Caspian Services (Caspian Services) Cash-to-Debt : 0.01 (As of Jun. 2016)

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What is Caspian Services Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Caspian Services's cash to debt ratio for the quarter that ended in Jun. 2016 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Caspian Services couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

CSSV's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Caspian Services Cash-to-Debt Historical Data

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

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Caspian Services Cash-to-Debt Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Cash-to-Debt

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0.11

0.08

0.06

0.03

0.02

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Cash-to-Debt	Get a 7-Day Free Trial															-	0.02	0.01	0.01	0.01

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

For the Oil & Gas Equipment & Services subindustry, Caspian Services's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Caspian Services Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Caspian Services's Cash to Debt Ratio for the fiscal year that ended in Sep. 2015 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.372	/	(81.972	+	0)
	=	0.02

Caspian Services's Cash to Debt Ratio for the quarter that ended in Jun. 2016 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.229	/	(87.691	+	0)
	=	0.01

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

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Caspian Services Cash-to-Debt Related Terms

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

Caspian Services (Caspian Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Services Inc (OTCPK:CSSV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website

http://www.caspianservicesinc.com

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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