SPARQ Systems (TSXV:SPRQ) Debt-to-Asset : 0.00 (As of Sep. 2024)

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What is SPARQ Systems Debt-to-Asset?

SPARQ Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.03 Mil. SPARQ Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.01 Mil. SPARQ Systems's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$11.88 Mil. SPARQ Systems's debt to asset for the quarter that ended in Sep. 2024 was 0.00.

SPARQ Systems Debt-to-Asset Historical Data

The historical data trend for SPARQ Systems'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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SPARQ Systems Debt-to-Asset Chart

SPARQ Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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1.34

0.02

0.01

0.12

SPARQ Systems Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial												0.01	0.12	0.27	-	-

Competitive Comparison of SPARQ Systems's Debt-to-Asset

For the Solar subindustry, SPARQ Systems'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.

SPARQ Systems's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SPARQ Systems's Debt-to-Asset distribution charts can be found below:

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

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SPARQ Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

SPARQ Systems's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(0.483	+	0.038)	/	4.392
	=	0.12

SPARQ Systems's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(0.031	+	0.014)	/	11.875
	=	0.00

SPARQ Systems (TSXV:SPRQ) 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.

SPARQ Systems Debt-to-Asset Related Terms

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SPARQ Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SPARQ Systems Inc (TSXV:SPRQ) » Definitions » Debt-to-Asset

Traded in Other Exchanges

SPRQF:USA M26:Germany

Address

945 Princess Street, Innovation Park, Box 212, Kingston, ON, CAN, K7L 0E9

Website

https://www.sparqsys.com

SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design & installation and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.

Executives

Baronson Trust

10% Security Holder

SPARQ Systems Headlines

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