CSSV (Caspian Services) Interest Expense: $-9.91 Mil (TTM As of Jun. 2016)

What is Caspian Services Interest Expense?

Caspian Services CSSV Interest Expense is $-9.91 Mil as of Jun. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Caspian Services's interest expense for the three months ended in Jun. 2016 was $ -2.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was $-9.91 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Caspian Services's Operating Income for the three months ended in Jun. 2016 was $ 1.09 Mil. Caspian Services's Interest Expense for the three months ended in Jun. 2016 was $ -2.47 Mil. Caspian Services's Interest Coverage for the quarter that ended in Jun. 2016 was 0.44. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Caspian Services (OTCPK:CSSV) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Caspian Services's Interest Expense for the three months ended in Jun. 2016 was $-2.47 Mil. Its Operating Income for the three months ended in Jun. 2016 was $1.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2016 was $0.00 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2016 )	/	Interest Expense (Q: Jun. 2016 )
	=	-1	*	1.091	/	-2.471
	=	0.44

* 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 higher the ratio, the stronger the company's financial strength is.

Caspian Services Interest Expense Historical Data

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The historical data trend for Caspian Services's Interest Expense can be seen below:

Caspian Services Interest Expense Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Interest Expense

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-7.83

-6.71

-7.99

-8.09

-9.15

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Interest Expense	Get a 7-Day Free Trial															-2.34	-2.34	-2.68	-2.43	-2.47

Caspian Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.91 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-9.91 Mil mean?

Caspian Services (CSSV) has a Interest Expense of $-9.91 Mil as of Jun. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Caspian Services and its competitors.

Is Caspian Services' Interest Expense too high?

Caspian Services' current Interest Expense is $-9.91 Mil.

How does Caspian Services' Interest Expense compare to GLRI and TIRTZ?

Caspian Services' Interest Expense of $-9.91 Mil 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 Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Caspian Services and its competitors. Caspian Services's current Interest Expense is $-9.91 Mil. 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 Interest Expense of $-9.91 Mil. The current Interest Expense is $-9.91 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Caspian Services (CSSV), the current Interest Expense is $-9.91 Mil 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 Energy Oil & Gas

Comparable Companies BOM:531279 GLRI TSXV:IES WAR:BCI TIRTZ GLFH OSL:SBX TSXV:DAL TSXV:NWE TSXV:SEW FOSI BSE:UZT BOM:526614 LSE:IGSS TSX:HE XCNQ:RGT TSXV:HTC TSXV:DVT TSXV:TRB GLFMQ

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.