CSSV (Caspian Services) Effective Interest Rate on Debt %: 11.39% (As of Jun. 2016)


What is Caspian Services Effective Interest Rate on Debt %?

Caspian Services CSSV Effective Interest Rate on Debt % is 11.39% as of Jun. 2016.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Caspian Services's annualized positive value of Interest Expense for the quarter that ended in Jun. 2016 was $9.88 Mil. Caspian Services's average total debt for the quarter that ended in Jun. 2016 was $86.75 Mil. Therefore, Caspian Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 was 11.39%.

Caspian Services  (OTCPK:CSSV) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Caspian Services Effective Interest Rate on Debt % Related Terms

Caspian Services Effective Interest Rate on Debt % Historical Data

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The historical data trend for Caspian Services's Effective Interest Rate on 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.

Caspian Services Effective Interest Rate on Debt % Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 11.49 12.94 11.63 11.64

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Effective Interest Rate on Debt % 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 11.81 11.53 12.91 11.45 11.39

CSSV vs GLRI, TIRTZ, GLFH: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Equipment & Services subindustry, Caspian Services's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on 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 Effective Interest Rate on Debt % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Caspian Services's Effective Interest Rate on Debt % falls into.


Caspian Services Effective Interest Rate on Debt % Calculation

Caspian Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2014 )+Total Debt  (A: Sep. 2015 ))/ count )
=-1  *  -9.15/( (75.284+81.972)/ 2 )
=-1  *  -9.15/78.628
=11.64 %

where

Total Debt  (A: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 75.284
=75.284

Total Debt  (A: Sep. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 81.972
=81.972

Caspian Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2016 )+Total Debt  (Q: Jun. 2016 ))/ count )
=-1  *  -9.884/( (85.804+87.691)/ 2 )
=-1  *  -9.884/86.7475
=11.39 %

where

Total Debt  (Q: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 85.804
=85.804

Total Debt  (Q: Jun. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 87.691
=87.691

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Jun. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 11.39% mean?
Caspian Services (CSSV) has a Effective Interest Rate on Debt % of 11.39% as of Jun. 2016. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Caspian Services and its competitors.
Is Caspian Services' Effective Interest Rate on Debt % too high?
Caspian Services' current Effective Interest Rate on Debt % is 11.39%.
How does Caspian Services' Effective Interest Rate on Debt % compare to GLRI and TIRTZ?
Caspian Services' Effective Interest Rate on Debt % of 11.39% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Caspian Services and its competitors. Caspian Services's current Effective Interest Rate on Debt % is 11.39%. 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 Effective Interest Rate on Debt % of 11.39%. The current Effective Interest Rate on Debt % is 11.39%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Caspian Services (CSSV), the current Effective Interest Rate on Debt % is 11.39% 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.