Caspian Services (Caspian Services) Total Current Assets : $10.57 Mil (As of Jun. 2016)

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What is Caspian Services Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Caspian Services's total current assets for the quarter that ended in Jun. 2016 was $10.57 Mil.

Caspian Services Total Current Assets Historical Data

The historical data trend for Caspian Services's Total Current Assets 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 Total Current Assets Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Total Current Assets

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31.79

21.62

21.43

16.54

11.45

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Total Current Assets	Get a 7-Day Free Trial															14.15	11.45	8.64	8.44	10.57

Caspian Services Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Caspian Services's Total Current Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.372	+	8.225	+	0.906	+	0.951
	=	11.45

Caspian Services's Total Current Assets for the quarter that ended in Jun. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.229	+	7.871	+	0.721	+	0.749
	=	10.57

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Caspian Services (OTCPK:CSSV) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Caspian Services's Liquidation Value for the quarter that ended in Jun. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.229	-	117.034	+	0.75 * 5.22	+	0.5 * 0.721
=	-111.53

Caspian Services Total Current Assets 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 » Total Current Assets

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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