Caspian Services Inc (CSSV) financial statements (2022 and earlier)
Company profile
| Business Address |
2319 FOOTHILL BOULEVARD SALT LAKE CITY, UT 84109 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| SIC | 44 - Water Transportation (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2015 | 9/30/2014 | 9/30/2013 | 9/30/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,372 | 1,957 | 3,973 | 4,601 | ||
| Cash and cash equivalents | 1,372 | 1,957 | 3,973 | 4,601 | ||
| Receivables | 8,225 | 11,086 | 11,075 | 7,122 | ||
| Inventory, net of allowances, customer advances and progress billings | 906 | 1,261 | 1,053 | 1,900 | ||
| Inventory | 906 | 1,261 | 1,053 | 1,900 | ||
| Prepaid expense | 6 | 1,228 | 1,329 | ✕ | ||
| Disposal group, including discontinued operation | 30 | 44 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 826 | ||
| Assets held-for-sale | ✕ | ✕ | 203 | 854 | ||
| Other undisclosed current assets | 915 | 964 | 3,795 | 6,314 | ||
| Total current assets: | 11,454 | 16,540 | 21,428 | 21,617 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 26,716 | 42,087 | 50,741 | 58,928 | ||
| Long-term investments and receivables | 525 | 2,377 | 1,005 | 1,144 | ||
| Accounts and financing receivable, after allowance for credit loss | 525 | 2,377 | 1,005 | 1,144 | ||
| Intangible assets, net (including goodwill) | 165 | 203 | 253 | 329 | ||
| Goodwill | 127 | 189 | 224 | 229 | ||
| Intangible assets, net (excluding goodwill) | 38 | 14 | 29 | 100 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | 203 | |||
| Deferred tax assets, net | 2,478 | 2,450 | 1,849 | |||
| Other undisclosed noncurrent assets | 1,754 | 3,411 | 5,064 | 5,458 | ||
| Total noncurrent assets: | 31,638 | 50,528 | 59,115 | 65,859 | ||
| TOTAL ASSETS: | 43,092 | 67,068 | 80,543 | 87,476 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 3,852 | 4,536 | 4,564 | 4,448 | ||
| Accounts payable | 2,240 | 2,319 | 2,409 | 2,384 | ||
| Accrued liabilities | 1,309 | 1,690 | 1,244 | 761 | ||
| Taxes payable | 303 | 527 | 911 | 1,303 | ||
| Debt | 81,972 | 75,284 | 63,836 | 59,614 | ||
| Due to related parties | 59 | 76 | ||||
| Deferred revenue and credits | 336 | 10 | 6 | |||
| Other undisclosed current liabilities | 23,644 | 21,649 | 19,649 | 17,822 | ||
| Total current liabilities: | 109,863 | 101,545 | 88,059 | 81,890 | ||
| Noncurrent Liabilities | ||||||
| Other undisclosed noncurrent liabilities | 2,619 | 3,158 | ||||
| Total noncurrent liabilities: | 2,619 | 3,158 | ||||
| Total liabilities: | 109,863 | 101,545 | 90,678 | 85,048 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | (50,431) | (21,792) | (633) | 11,507 | ||
| Common stock | 53 | 53 | 53 | 53 | ||
| Additional paid in capital | 64,832 | 64,832 | 64,827 | 64,799 | ||
| Accumulated other comprehensive loss | (20,815) | (20,141) | (15,619) | (14,995) | ||
| Accumulated deficit | (94,501) | (66,536) | (49,894) | (38,350) | ||
| Stockholders' equity attributable to noncontrolling interest | (16,340) | (12,685) | (9,502) | (9,079) | ||
| Total stockholders' equity: | (66,771) | (34,477) | (10,135) | 2,428 | ||
| TOTAL LIABILITIES AND EQUITY: | 43,092 | 67,068 | 80,543 | 87,476 | ||
Income statement (P&L) ($ in thousands)
| 9/30/2015 | 9/30/2014 | 9/30/2013 | 9/30/2012 | ||
|---|---|---|---|---|---|
| Revenues | 16,445 | 29,931 | 33,088 | 24,894 | |
| Revenue, net | 26,875 | 37,930 | 43,373 | ||
| Gross profit: | 16,445 | 29,931 | 33,088 | 24,894 | |
| Operating expenses | (23,122) | (42,519) | (47,318) | (44,725) | |
| Other operating income, net (Other Nonrecurring (Income) Expense) | 3,023 | 3,228 | 2,798 | ||
| Other undisclosed operating income | 5,892 | 7,850 | 7,064 | ||
| Operating loss: | (6,677) | (3,673) | (3,152) | (9,969) | |
| Nonoperating expense | (27,934) | (15,457) | (6,633) | (6,822) | |
| Investment income, nonoperating | (2,509) | 169 | |||
| Foreign currency transaction loss, before tax | (19,200) | (6,645) | (660) | (370) | |
| Other nonoperating income | 416 | 3 | 1,950 | 85 | |
| Interest and debt expense | (9,150) | (8,093) | (7,985) | (6,706) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 9,150 | 8,093 | 7,985 | 6,706 | |
| Loss from continuing operations before equity method investments, income taxes: | (34,611) | (19,130) | (9,785) | (16,791) | |
| Other undisclosed income from continuing operations before income taxes | 2,870 | 3,023 | 3,228 | ||
| Loss from continuing operations before income taxes: | (31,741) | (16,107) | (6,557) | (16,791) | |
| Income tax benefit | 1,046 | 370 | 528 | 839 | |
| Loss from continuing operations: | (30,695) | (15,737) | (6,029) | (15,952) | |
| Income (loss) from discontinued operations | 391 | (2,571) | |||
| Loss before gain (loss) on sale of properties: | (30,304) | (15,737) | (8,600) | (15,952) | |
| Other undisclosed net income | 12,712 | 3,864 | 13,154 | ||
| Net loss: | (30,304) | (3,025) | (4,736) | (2,798) | |
| Net income attributable to noncontrolling interest | 5,209 | 2,118 | 284 | 1,915 | |
| Other undisclosed net loss attributable to parent | (8,079) | (17,853) | (7,376) | (15,069) | |
| Net loss available to common stockholders, diluted: | (33,174) | (18,760) | (11,828) | (15,952) | |
Comprehensive Income ($ in thousands)
| 9/30/2015 | 9/30/2014 | 9/30/2013 | 9/30/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (30,304) | (3,025) | (4,736) | (2,798) | |
| Other comprehensive loss | (27,085) | (22,229) | (12,307) | ||
| Comprehensive loss: | (57,389) | (25,254) | (17,043) | (2,798) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,554) | (1,065) | (139) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 30,304 | 3,025 | 5,014 | ||
| Comprehensive loss, net of tax, attributable to parent: | (28,639) | (23,294) | (12,168) | (2,798) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.