SCAXF (Sparta Capital) Equity-to-Asset: -0.03 (As of Mar. 2026)


What is Sparta Capital Equity-to-Asset?

Sparta Capital SCAXF Equity-to-Asset is -0.03 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, Sparta Capital ranks worse than 97.3% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sparta Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-0.09 Mil. Sparta Capital's Total Assets for the quarter that ended in Mar. 2026 was $3.70 Mil. Therefore, Sparta Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was -0.03.

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

SCAXF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.65   Med: -0.1   Max: 0.32
Current: -0.03

During the past 13 years, the highest Equity to Asset Ratio of Sparta Capital was 0.32. The lowest was -0.65. And the median was -0.10.

SCAXF's Equity-to-Asset is ranked worse than
97.3% of 3071 companies
in the Industrial Products industry
Industry Median: 0.57 vs SCAXF: -0.03

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Sparta Capital Equity-to-Asset Related Terms


Sparta Capital Equity-to-Asset Historical Data

* Premium members only.

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

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.48 -0.45 -0.65 -0.00

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-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 -0.34 -0.24 -0.00 0.01 -0.03

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

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

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

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



Sparta Capital Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Sep. 2025 )=Total Stockholders Equity/Total Assets
=-0.017/3.898
=-0.00

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

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=-0.093/3.701
=-0.03

* 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 Equity-to-Asset →
What does a Equity-to-Asset of -0.03 mean?
Sparta Capital (SCAXF) has a Equity-to-Asset of -0.03 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sparta Capital and its competitors. According to the industry distribution chart, Sparta Capital ranks #2988 out of 3071 companies in the Industrial Products industry, placing it in the top 97.3%.
Is Sparta Capital's Equity-to-Asset too high?
Sparta Capital's current Equity-to-Asset is -0.03. Based on the distribution chart, Sparta Capital ranks #2988 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Sparta Capital's Equity-to-Asset compare to RAIN and TOMZ?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #2988 out of 3071 companies for Equity-to-Asset. This places Sparta Capital in the lower half of its industry. The industry median Equity-to-Asset is 0.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sparta Capital and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Equity-to-Asset is -0.03. 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 Equity-to-Asset is -0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Equity-to-Asset is -0.03 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.