Asset Breakdown
648.2 M
Assets Non Current
Current Assets
| Total Assets | 771.01 Million | |
| Current Assets | 122.84 Million | |
| Assets Non Current | 648.17 Million | |
| Goodwill | 28.75 Million | |
| Tax Assets | 24,631.58 |
Will CSI Compressco (NASDAQ:CCLP) continue to grow in September?
 | By Raphi Shpitalnik | Macroaxis Story |
CSI Compressco LP is scheduled to announce its earnings today. The next earnings report is expected on the 4th of November 2020. CSI Compressco Asset Turnover is very stable at the moment as compared to the past year. CSI Compressco reported last year Asset Turnover of 0.57. As of 3rd of August 2020, Book Value per Share is likely to grow to 1.07, while Invested Capital is likely to drop about 1.2 B. As many of us are excited about energy space, it is fair to recap CSI Compressco LP as a unique alternative. We will analyze why CSI Compressco investors may still consider a stake in the business.
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Reviewed by Michael Smolkin
The company currently holds 679.6 M in liabilities. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CSI Compressco has an asset utilization ratio of 47.94 percent. This suggests that the company is making $0.48 for each dollar of assets. An increasing asset utilization means that CSI Compressco LP is more efficient with each dollar of assets it utilizes for everyday operations. About 29.0% of the company shares are held by institutions such as insurance companies. CSI Compressco LP has price-to-book (P/B) ratio of 1.22. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity recorded a loss per share of 0.46. The firm last dividend was issued on the 30th of July 2020. CSI Compressco financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of CSI Compressco, including all of CSI Compressco's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of CSI Compressco assets, the company is considered highly leveraged. Understanding the composition and structure of overall CSI Compressco debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
How important is CSI Compressco's Liquidity
CSI Compressco financial leverage refers to using borrowed capital as a funding source to finance CSI Compressco LP ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. CSI Compressco financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to CSI Compressco's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of CSI Compressco's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between CSI Compressco's total debt and its cash.
An Additional Perspective On CSI Compressco LP
CSI Compressco LP reported the previous year's revenue of 463.42 M. Net Loss for the year was (21.83 M) with profit before overhead, payroll, taxes, and interest of 159.08 M.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of CSI Compressco LP. Please refer to our Terms of Use for any information regarding our disclosure principles.