SPAIF (Sparc AI) Equity-to-Asset : -0.55 (As of Dec. 2024)

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What is Sparc AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sparc AI's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-0.03 Mil. Sparc AI's Total Assets for the quarter that ended in Dec. 2024 was $0.05 Mil.

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

SPAIF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.41 Med: 0.19 Max: 0.89
Current: 0.01

During the past 6 years, the highest Equity to Asset Ratio of Sparc AI was 0.89. The lowest was -1.41. And the median was 0.19.

SPAIF's Equity-to-Asset is ranked worse than
90.87% of 2847 companies
in the Software industry
Industry Median: 0.55 vs SPAIF: 0.01

Sparc AI Equity-to-Asset Historical Data

The historical data trend for Sparc AI'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.

* Premium members only.

Sparc AI Equity-to-Asset Chart

Sparc AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

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-0.29

0.29

-0.67

0.59

-0.55

Sparc AI Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial															0.59	0.46	0.71	0.02	-0.55

Competitive Comparison of Sparc AI's Equity-to-Asset

For the Software - Application subindustry, Sparc AI'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.

Sparc AI's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Sparc AI's Equity-to-Asset distribution charts can be found below:

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

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Sparc AI 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.

Sparc AI's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.026	/	0.047
	=

Sparc AI's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.026	/	0.047
	=

Sparc AI (OTCPK:SPAIF) 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%.

Sparc AI Equity-to-Asset Related Terms

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Sparc AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sparc AI Inc (OTCPK:SPAIF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

5OV0:Germany SPAI:Canada

Address

71 Victoria Crescent, Building 17, Abbotsford, VIC, AUS, 3067

Website

https://www.eyefigroup.com

Sparc AI Inc Formerly EYEFI Group Technologies Inc is a software and electronics engineering company that has developed, patented and commercialized an innovative spatial technology; spatial, predictive, approximation and radial convolution (SPARC) and an associated product suite, that turns sensors, cameras and smartphones (fixed, mobile, airborne, portable or handheld) into geo-target co-ordinate acquisition devices. The company has also developed IIoT sensor hardware and associated cloud software, as a second pillar within its product offering. Its Cloud is a next-generation cloud platform that provides a secure and centralized environment where customers can manage their EYEfi product deployments and applications. It has one segment software and electronics engineering services.