Caspian Services (Caspian Services) ROCE % : 0.00% (As of Jun. 2016)

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What is Caspian Services ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Caspian Services's annualized ROCE % for the quarter that ended in Jun. 2016 was 0.00%.

Caspian Services ROCE % Historical Data

The historical data trend for Caspian Services's ROCE % 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.

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Caspian Services ROCE % Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

ROCE %

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-5.63

-53.34

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

Caspian Services ROCE % Calculation

Caspian Services's annualized ROCE % for the fiscal year that ended in Sep. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2015 )		(A: Sep. 2014 )		(A: Sep. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2015 )		(A: Sep. 2014 )		(A: Sep. 2015 )
	=	-25.461	/	( ( (67.068 - 101.545)	+	(43.092 - 109.863) )	/ 2 )
	=	-25.461	/	( (-34.477	+	-66.771)	/ 2 )
	=	-25.461	/	-50.624
	=	50.29 %

Caspian Services's ROCE % of for the quarter that ended in Jun. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	9.384	/	( ( (33.389 - 114.33)	+	(34.901 - 117.034) )	/ 2 )
	=	9.384	/	( ( -80.941	+	-82.133 )	/ 2 )
	=	9.384	/	-81.537
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2016) EBIT data.

Caspian Services (OTCPK:CSSV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Caspian Services ROCE % Related Terms

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Caspian Services (Caspian Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Services Inc (OTCPK:CSSV) » Definitions » ROCE %

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

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