CSSV (Caspian Services) Debt-to-Equity: -1.41 (As of Jun. 2016)


What is Caspian Services Debt-to-Equity?

Caspian Services CSSV Debt-to-Equity is -1.41 as of Jun. 2016.

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 Total Stockholders Equity for the quarter that ended in Jun. 2016 was $-62.33 Mil. Caspian Services's debt to equity for the quarter that ended in Jun. 2016 was -1.41.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

CSSV's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

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

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Caspian Services Debt-to-Equity Related Terms

Caspian Services Debt-to-Equity Historical Data

* Premium members only.

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

Caspian Services Debt-to-Equity Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 5.18 -100.85 -3.46 -1.63

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-Equity 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 -2.37 -1.63 -1.44 -1.41 -1.41

CSSV vs GLRI, TIRTZ, GLFH: Debt-to-Equity Comparison

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

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

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


Caspian Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(81.972 + 0) / -50.431
=-1.63

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(87.691 + 0) / -62.326
=-1.41

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.41 mean?
Caspian Services (CSSV) has a Debt-to-Equity of -1.41 as of Jun. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caspian Services and its competitors.
Is Caspian Services' Debt-to-Equity too high?
Caspian Services' current Debt-to-Equity is -1.41.
How does Caspian Services' Debt-to-Equity compare to GLRI and TIRTZ?
Caspian Services' Debt-to-Equity of -1.41 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Caspian Services and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspian Services's current Debt-to-Equity is -1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Debt-to-Equity of -1.41. The current Debt-to-Equity is -1.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Caspian Services (CSSV), the current Debt-to-Equity is -1.41 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Caspian Services Business Description

Industry EnergyOil & Gas
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.