SCAXF (Sparta Capital) Interest Expense: $-0.11 Mil (TTM As of Mar. 2026)


What is Sparta Capital Interest Expense?

Sparta Capital SCAXF Interest Expense is $-0.11 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sparta Capital's interest expense for the three months ended in Mar. 2026 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.11 Mil.

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. 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. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sparta Capital  (OTCPK:SCAXF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sparta Capital's Interest Expense for the three months ended in Mar. 2026 was $-0.04 Mil. Its Operating Income for the three months ended in Mar. 2026 was $0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $0.71 Mil.

Sparta Capital's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.336/-0.035
=9.60

* 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.

The higher the ratio, the stronger the company's financial strength is.

Sparta Capital Interest Expense Historical Data

* Premium members only.

The historical data trend for Sparta Capital's Interest Expense 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 Interest Expense Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.15 -0.17 -0.15 -0.08

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -0.01 -0.02 -0.02 -0.04 -0.04

Sparta Capital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-0.11 Mil mean?
Sparta Capital (SCAXF) has a Interest Expense of $-0.11 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sparta Capital and its competitors.
Is Sparta Capital's Interest Expense too high?
Sparta Capital's current Interest Expense is $-0.11 Mil.
How does Sparta Capital's Interest Expense compare to RAKR and VLTO?
Sparta Capital's Interest Expense of $-0.11 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sparta Capital and its competitors. Sparta Capital's current Interest Expense is $-0.11 Mil. 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 Expense is $-0.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Interest Expense is $-0.11 Mil 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.