CSSV (Caspian Services) Total Current Liabilities: $117.03 Mil (As of Jun. 2016)


What is Caspian Services Total Current Liabilities?

Caspian Services CSSV Total Current Liabilities is $117.03 Mil as of Jun. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Caspian Services's total current liabilities for the quarter that ended in Jun. 2016 was $117.03

Be Aware

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When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Caspian Services Total Current Liabilities Related Terms

Caspian Services Total Current Liabilities Historical Data

* Premium members only.

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

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.24 81.89 88.06 101.55 109.86

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 Liabilities 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 107.87 109.86 111.62 114.33 117.03

Caspian Services Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.911+81.972
+Other Current Liabilities+Current Deferred Liabilities
=23.644+0.336
=109.86

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.208+87.691
+Other Current Liabilities+Current Deferred Liabilities
=25.135+0
=117.03

* 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 increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

What does a Total Current Liabilities of $117.03 Mil mean?
Caspian Services (CSSV) has a Total Current Liabilities of $117.03 Mil as of Jun. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Caspian Services and its competitors.
Is Caspian Services' Total Current Liabilities too high?
Caspian Services' current Total Current Liabilities is $117.03 Mil.
How does Caspian Services' Total Current Liabilities compare to GLRI and TIRTZ?
Caspian Services' Total Current Liabilities of $117.03 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 Total Current Liabilities for an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Caspian Services and its competitors. Caspian Services's current Total Current Liabilities is $117.03 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 Total Current Liabilities of $117.03 Mil. The current Total Current Liabilities is $117.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Caspian Services (CSSV), the current Total Current Liabilities is $117.03 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 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.