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Sparta CapitalSCAXF Cash-to-Debt is 0.93 as of Mar. 2026, which is 182% above its 10-year median of 0.33. The stock has 2 warning signs investors should review. Among 3,050 Industrial Products companies, Sparta Capital ranks worse than 54.2% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Sparta Capital's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.93.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Sparta Capitalcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Sparta Capital's Cash-to-Debt or its related term are showing as below:
SCAXF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.33 Max: 76.85
Current: 0.93
During the past 13 years, Sparta Capital's highest Cash to Debt Ratio was 76.85. The lowest was 0.07. And the median was 0.33.
SCAXF's Cash-to-Debt is ranked worse than 54.2% of 3050
companies
in the Industrial Products industry
Industry Median: 1.175
vs SCAXF: 0.93
Sparta Capital (OTCPK:SCAXF) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Sparta Capital Cash-to-Debt Related Terms
Sparta Capital Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Sparta Capital's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
SCAXF vs RAIN, TOMZ, CLIR: Cash-to-Debt Comparison
For the Pollution & Treatment Controls subindustry, Sparta Capital's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sparta Capital Cash-to-Debt vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sparta Capital's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Sparta Capital's Cash-to-Debt falls into.
* 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.
Sparta Capital (SCAXF) has a Cash-to-Debt of 0.93 as of Mar. 2026. This is 182% above median its historical median of 0.33. Over the past decade, Sparta Capital's Cash-to-Debt has ranged from 0.07 to 76.85. According to the industry distribution chart, Sparta Capital ranks #1653 out of 3050 companies in the Industrial Products industry, placing it in the top 54.2%.
Is Sparta Capital's Cash-to-Debt too high?
Sparta Capital's current Cash-to-Debt of 0.93 is 182% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 76.85. The Industrial Products industry median Cash-to-Debt is 1.18. Sparta Capital's value of 0.93 is 20.9% below this industry median. Based on the distribution chart, Sparta Capital ranks #1653 out of 3050 companies in the Industrial Products industry, which is below the industry midpoint.
How does Sparta Capital's Cash-to-Debt compare to RAIN and TOMZ?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #1653 out of 3050 companies for Cash-to-Debt. This places Sparta Capital in the lower half of its industry. The industry median Cash-to-Debt is 1.18. Sparta Capital's value of 0.93 is 20.9% below this benchmark. Historically, Sparta Capital's own Cash-to-Debt has ranged from 0.07 to 76.85 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.18, Sparta Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Industrial Products company?
The median Cash-to-Debt among Industrial Products companies is 1.18, based on 3,050 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sparta Capital's current Cash-to-Debt of 0.93 is 20.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Cash-to-Debt is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Cash-to-Debt is 0.93, which is 182% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Capital stock overvalued right now?
Based on GuruFocus' analysis, Sparta Capital (SCAXF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.00 — trading 87% below its estimated fair value. The current Cash-to-Debt is 0.93, which is 182% above median its 10-year median of 0.33 and 20.9% below the Industrial Products industry median of 1.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Cash-to-Debt is 0.93 as of Mar. 2026. 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.
Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's reportable business segments include Electronics Recycling and Safety Products. It generates maximum revenue from the Electronics Recycling segment through Re-ECO, which recycles and refurbishes electronic waste and devices.
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