SCAXF (Sparta Capital) Debt-to-Asset : 0.44 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Sparta Capital Debt-to-Asset?

Sparta Capital SCAXF Debt-to-Asset is 0.44 as of Mar. 2026. The stock has 2 warning signs investors should review.

Sparta Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.91 Mil. Sparta Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.71 Mil. Sparta Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $3.70 Mil. Sparta Capital's debt to asset for the quarter that ended in Mar. 2026 was 0.44.


Sparta Capital  (OTCPK:SCAXF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Sparta Capital Debt-to-Asset Related Terms


Sparta Capital Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Sparta Capital's Debt-to-Asset 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 Debt-to-Asset Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.52 1.27 1.29 0.47

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset 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 0.82 0.73 0.47 0.42 0.44

SCAXF vs RAIN, TOMZ, CLIR: Debt-to-Asset Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sparta Capital's Debt-to-Asset falls into.



Sparta Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sparta Capital's Debt-to-Asset for the fiscal year that ended in Sep. 2025 is calculated as

Sparta Capital's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.44 mean?
Sparta Capital (SCAXF) has a Debt-to-Asset of 0.44 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Sparta Capital and its competitors.
Is Sparta Capital's Debt-to-Asset too high?
Sparta Capital's current Debt-to-Asset is 0.44.
How does Sparta Capital's Debt-to-Asset compare to RAIN and TOMZ?
Sparta Capital's Debt-to-Asset of 0.44 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Sparta Capital and its competitors. Sparta Capital's current Debt-to-Asset is 0.44. 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 Debt-to-Asset is 0.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Debt-to-Asset is 0.44 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.