SCAXF (Sparta Capital) Quick Ratio: 1.29 (As of Mar. 2026) — 115% Above Median


What is Sparta Capital Quick Ratio?

Sparta Capital SCAXF Quick Ratio is 1.29 as of Mar. 2026, which is 115% above its 10-year median of 0.60. The stock has 2 warning signs investors should review. Among 3,079 Industrial Products companies, Sparta Capital ranks worse than 54.47% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Sparta Capital's quick ratio for the quarter that ended in Mar. 2026 was 1.29.

Sparta Capital has a quick ratio of 1.29. It generally indicates good short-term financial strength.

The historical rank and industry rank for Sparta Capital's Quick Ratio or its related term are showing as below:

SCAXF' s Quick Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.6   Max: 1.29
Current: 1.29

During the past 13 years, Sparta Capital's highest Quick Ratio was 1.29. The lowest was 0.21. And the median was 0.60.

SCAXF's Quick Ratio is ranked worse than
54.47% of 3079 companies
in the Industrial Products industry
Industry Median: 1.39 vs SCAXF: 1.29

Sparta Capital  (OTCPK:SCAXF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Sparta Capital Quick Ratio Related Terms


Sparta Capital Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sparta Capital's Quick Ratio 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 Quick Ratio Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.35 0.58 0.36 0.99

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.85 1.08 0.99 1.14 1.29

SCAXF vs RAKR, VLTO, ZWS: Quick Ratio Comparison

For the Pollution & Treatment Controls subindustry, Sparta Capital's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Sparta Capital's Quick Ratio falls into.



Sparta Capital Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.493-0)/2.518
=0.99

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2.55-0)/1.974
=1.29

* 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 Quick Ratio →
What does a Quick Ratio of 1.29 mean?
Sparta Capital (SCAXF) has a Quick Ratio of 1.29 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sparta Capital and its competitors. This is 115% above median its historical median of 0.60. Over the past decade, Sparta Capital's Quick Ratio has ranged from 0.21 to 1.29. According to the industry distribution chart, Sparta Capital ranks #1677 out of 3079 companies in the Industrial Products industry, placing it in the top 54.5%.
Is Sparta Capital's Quick Ratio too high?
Sparta Capital's current Quick Ratio of 1.29 is 115% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.29. The Industrial Products industry median Quick Ratio is 1.39. Sparta Capital's value of 1.29 is 7.2% below this industry median. Based on the distribution chart, Sparta Capital ranks #1677 out of 3079 companies in the Industrial Products industry, which is below the industry midpoint.
How does Sparta Capital's Quick Ratio compare to RAKR and VLTO?
According to the Industrial Products industry distribution chart, Sparta Capital ranks #1677 out of 3079 companies for Quick Ratio. This places Sparta Capital in the lower half of its industry. The industry median Quick Ratio is 1.39. Sparta Capital's value of 1.29 is 7.2% below this benchmark. Historically, Sparta Capital's own Quick Ratio has ranged from 0.21 to 1.29 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.39, 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,079 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sparta Capital's current Quick Ratio of 1.29 is 7.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sparta Capital and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Capital's current Quick Ratio is 1.29, which is 115% above median its own 10-year median of 0.60. 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 Quick Ratio is 1.29, which is 115% above median its 10-year median of 0.60 and 7.2% below the Industrial Products industry median of 1.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Quick Ratio is 1.29 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.