SRCO (Sparta Commercial Services) Interest Expense: $-0.85 Mil (TTM As of Jan. 2026)


What is Sparta Commercial Services Interest Expense?

Sparta Commercial Services SRCO Interest Expense is $-0.85 Mil as of Jan. 2026. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sparta Commercial Services's interest expense for the three months ended in Jan. 2026 was $ -0.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2026 was $-0.85 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 Commercial Services's Operating Income for the three months ended in Jan. 2026 was $ -0.21 Mil. Sparta Commercial Services's Interest Expense for the three months ended in Jan. 2026 was $ -0.35 Mil. Sparta Commercial Services did not have earnings to cover the interest expense. 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 Commercial Services  (OTCPK:SRCO) 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 Commercial Services's Interest Expense for the three months ended in Jan. 2026 was $-0.35 Mil. Its Operating Income for the three months ended in Jan. 2026 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2026 was $0.75 Mil.

Sparta Commercial Services's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Sparta Commercial Services did not have earnings to cover the 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.

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

Sparta Commercial Services Interest Expense Historical Data

* Premium members only.

The historical data trend for Sparta Commercial Services'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 Commercial Services Interest Expense Chart

Sparta Commercial Services Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -0.43 -0.53 -0.58 -0.66

Sparta Commercial Services Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.04 -0.16 -0.17 -0.18 -0.35

Sparta Commercial Services 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.85 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 $-0.85 Mil mean?
Sparta Commercial Services (SRCO) has a Interest Expense of $-0.85 Mil as of Jan. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sparta Commercial Services and its competitors.
Is Sparta Commercial Services' Interest Expense too high?
Sparta Commercial Services' current Interest Expense is $-0.85 Mil.
How does Sparta Commercial Services' Interest Expense compare to GDLG and HTCR?
Sparta Commercial Services' Interest Expense of $-0.85 Mil can be compared against companies in the Software 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 a Software company?
A good Interest Expense depends on the Software 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 Commercial Services and its competitors. Sparta Commercial Services's current Interest Expense is $-0.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparta Commercial Services stock overvalued right now?
Based on GuruFocus' analysis, Sparta Commercial Services (SRCO) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.11, compared to a current price of $0.09 — trading 19.1% below its estimated fair value. The current Interest Expense is $-0.85 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 Commercial Services (SRCO), the current Interest Expense is $-0.85 Mil as of Jan. 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 Commercial Services Business Description

Address 555 Fifth Avenue, 14th Floor, New York, NY, USA, 10017
Sparta Commercial Services Inc through its subsidiaries offers technology products and services. The company develops, manages, and markets its business mobile applications for smartphones and tablets. Its mobile application offerings range from racetracks, private clubs, country clubs, restaurants, and grocery stores. The company serves small and medium-size businesses under the tradename iMobileApp. It generates revenue from Information Technology, Wellness products, and Merchant financing.