SCAXF (Sparta Capital) Debt-to-Equity: -17.36 (As of Mar. 2026)


What is Sparta Capital Debt-to-Equity?

Sparta Capital SCAXF Debt-to-Equity is -17.36 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,673 Industrial Products companies, Sparta Capital ranks worse than 37411.11% on this metric.

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 Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-0.09 Mil. Sparta Capital's debt to equity for the quarter that ended in Mar. 2026 was -17.35.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sparta Capital's Debt-to-Equity or its related term are showing as below:

SCAXF' s Debt-to-Equity Range Over the Past 10 Years
Min: -105.88   Med: -3.34   Max: 37.16
Current: -17.31

During the past 13 years, the highest Debt-to-Equity Ratio of Sparta Capital was 37.16. The lowest was -105.88. And the median was -3.34.

SCAXF's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs SCAXF: -17.31

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Sparta Capital Debt-to-Equity Related Terms


Sparta Capital Debt-to-Equity Historical Data

* Premium members only.

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

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.47 -3.17 -2.84 -1.99 -108.06

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-Equity 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 -2.39 -2.99 -108.06 37.48 -17.36

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

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

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

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



Sparta Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sparta Capital's Debt to Equity Ratio 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-Equity →
What does a Debt-to-Equity of -17.36 mean?
Sparta Capital (SCAXF) has a Debt-to-Equity of -17.36 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sparta Capital and its competitors. According to the industry distribution chart, Sparta Capital ranks #999999 out of 2673 companies in the Industrial Products industry.
Is Sparta Capital's Debt-to-Equity too high?
Sparta Capital's current Debt-to-Equity is -17.36. Based on the distribution chart, Sparta Capital ranks #999999 out of 2673 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Sparta Capital's Debt-to-Equity compare to RAIN and TOMZ?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #999999 out of 2673 companies for Debt-to-Equity. This places Sparta Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,673 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sparta Capital and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Debt-to-Equity is -17.36. 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-Equity is -17.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Debt-to-Equity is -17.36 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.