SCAXF (Sparta Capital) Current Ratio: 1.29 (As of Mar. 2026) — 115% Above Median


What is Sparta Capital Current Ratio?

Sparta Capital SCAXF Current Ratio is 1.29 as of Mar. 2026, which is 115% above its 10-year median of 0.60. The stock has 2 warning signs investors should review. Among 3,081 Industrial Products companies, Sparta Capital ranks worse than 79.29% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Sparta Capital's current ratio for the quarter that ended in Mar. 2026 was 1.29.

Sparta Capital has a current ratio of 1.29. It generally indicates good short-term financial strength.

The historical rank and industry rank for Sparta Capital's Current Ratio or its related term are showing as below:

SCAXF' s Current Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.6   Max: 1.29
Current: 1.29

During the past 13 years, Sparta Capital's highest Current Ratio was 1.29. The lowest was 0.22. And the median was 0.60.

SCAXF's Current Ratio is ranked worse than
79.29% of 3081 companies
in the Industrial Products industry
Industry Median: 1.96 vs SCAXF: 1.29

Sparta Capital  (OTCPK:SCAXF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Sparta Capital Current Ratio Related Terms


Sparta Capital Current Ratio Historical Data

* Premium members only.

The historical data trend for Sparta Capital's Current Ratio 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.

Sparta Capital Current Ratio Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.36 0.58 0.37 0.99

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 0.85 1.08 0.99 1.14 1.29

SCAXF vs RAKR, VLTO, ZWS: Current Ratio Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's Current Ratio distribution charts can be found below:

* The bar in red indicates where Sparta Capital's Current Ratio falls into.



Sparta Capital Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Sparta Capital's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=2.493/2.518
=0.99

Sparta Capital's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=2.55/1.974
=1.29

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.29 mean?
Sparta Capital (SCAXF) has a Current Ratio of 1.29 as of Mar. 2026. This is 115% above median its historical median of 0.60. Over the past decade, Sparta Capital's Current Ratio has ranged from 0.22 to 1.29. According to the industry distribution chart, Sparta Capital ranks #2443 out of 3081 companies in the Industrial Products industry, placing it in the top 79.3%.
Is Sparta Capital's Current Ratio too high?
Sparta Capital's current Current Ratio of 1.29 is 115% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.29. The Industrial Products industry median Current Ratio is 1.96. Sparta Capital's value of 1.29 is 34.2% below this industry median. Based on the distribution chart, Sparta Capital ranks #2443 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Sparta Capital's Current Ratio compare to RAKR and VLTO?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #2443 out of 3081 companies for Current Ratio. This places Sparta Capital in the lower half of its industry. The industry median Current Ratio is 1.96. Sparta Capital's value of 1.29 is 34.2% below this benchmark. Historically, Sparta Capital's own Current Ratio has ranged from 0.22 to 1.29 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.96, 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 Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sparta Capital's current Current Ratio of 1.29 is 34.2% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Current Ratio is 1.29, which is 115% above median its own 10-year median of 0.60. 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 Current Ratio is 1.29, which is 115% above median its 10-year median of 0.60 and 34.2% below the Industrial Products industry median of 1.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Current Ratio is 1.29 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 Business Description

Address 390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2
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.