Sparta Capital (TSXV:SAY) Debt-to-Asset : 0.98 (As of Jun. 2024)

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What is Sparta Capital Debt-to-Asset?

Sparta Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$2.21 Mil. Sparta Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.57 Mil. Sparta Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was C$2.84 Mil. Sparta Capital's debt to asset for the quarter that ended in Jun. 2024 was 0.98.

Sparta Capital Debt-to-Asset Historical Data

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.

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Sparta Capital Debt-to-Asset Chart

Sparta Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Asset

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0.74

0.95

0.92

1.52

1.27

Sparta Capital Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															1.40	1.27	1.02	1.05	0.98

Competitive Comparison of Sparta Capital's Debt-to-Asset

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's Debt-to-Asset Distribution in the 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. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.934	+	0.405)	/	1.842
	=	1.27

Sparta Capital's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.208	+	0.568)	/	2.835
	=	0.98

Sparta Capital (TSXV:SAY) 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

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Sparta Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sparta Capital Ltd (TSXV:SAY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SCAXF:USA

Address

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

Website

https://www.spartagroup.ca

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 business segments include Illumineris; Re-Eco and Sparta. It generates maximum revenue from the Re-Eco Electronic segment.

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