Sparta CapitalSCAXF Interest Coverage is 9.60 as of Mar. 2026, which is 1100% above its 10-year median of 0.80. The stock has 2 warning signs investors should review. Among 2,330 Industrial Products companies, Sparta Capital ranks worse than 60.52% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Sparta Capital's
Operating Income
for the
three
months ended in Mar. 2026 was $0.34 Mil. Sparta Capital's Interest Expense for the
three
months ended in Mar. 2026 was $-0.04 Mil.
Sparta Capital's interest coverage for the quarter that ended in Mar. 2026 was 9.60.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Sparta Capital's Interest Coverage or its related term are showing as below:
SCAXF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.09 Med: 0.8 Max: 15.24
Current: 9.41
SCAXF's Interest Coverage is ranked worse than 60.52% of 2330
companies
in the Industrial Products industry
Industry Median: 14.835
vs SCAXF: 9.41
Sparta Capital (OTCPK:SCAXF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Sparta Capital Interest Coverage Related Terms
Sparta Capital Interest Coverage Historical Data
* Premium members only.
The historical data trend for Sparta Capital's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
SCAXF vs RAKR, VLTO, ZWS: Interest Coverage Comparison
For the Pollution & Treatment Controls subindustry, Sparta Capital's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sparta Capital's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sparta Capital's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (SCAXF) has a Interest Coverage of 9.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sparta Capital and its competitors. This is 1100% above median its historical median of 0.80. Over the past decade, Sparta Capital's Interest Coverage has ranged from 0.09 to 15.24. According to the industry distribution chart, Sparta Capital ranks #1410 out of 2330 companies in the Industrial Products industry, placing it in the top 60.5%.
Is Sparta Capital's Interest Coverage too high?
Sparta Capital's current Interest Coverage of 9.60 is 1100% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 15.24. The Industrial Products industry median Interest Coverage is 14.84. Sparta Capital's value of 9.60 is 35.3% below this industry median. Based on the distribution chart, Sparta Capital ranks #1410 out of 2330 companies in the Industrial Products industry, which is below the industry midpoint.
How does Sparta Capital's Interest Coverage compare to RAKR and VLTO?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #1410 out of 2330 companies for Interest Coverage. This places Sparta Capital in the lower half of its industry. The industry median Interest Coverage is 14.84. Sparta Capital's value of 9.60 is 35.3% below this benchmark. Historically, Sparta Capital's own Interest Coverage has ranged from 0.09 to 15.24 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 14.84, Sparta Capital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.84, based on 2,330 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sparta Capital's current Interest Coverage of 9.60 is 35.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sparta Capital and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Interest Coverage is 9.60, which is 1100% above median its own 10-year median of 0.80. 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 Interest Coverage is 9.60, which is 1100% above median its 10-year median of 0.80 and 35.3% below the Industrial Products industry median of 14.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Interest Coverage is 9.60 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 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.
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