SCAXF (Sparta Capital) Retained Earnings: $-9.80 Mil (As of Mar. 2026)


What is Sparta Capital Retained Earnings?

Sparta Capital SCAXF Retained Earnings is $-9.80 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sparta Capital's retained earnings for the quarter that ended in Mar. 2026 was $-9.80 Mil.

Sparta Capital's quarterly retained earnings increased from Sep. 2025 ($-9.65 Mil) to Dec. 2025 ($-9.61 Mil) but then declined from Dec. 2025 ($-9.61 Mil) to Mar. 2026 ($-9.80 Mil).

Sparta Capital's annual retained earnings declined from Sep. 2023 ($-9.70 Mil) to Sep. 2024 ($-10.35 Mil) but then increased from Sep. 2024 ($-10.35 Mil) to Sep. 2025 ($-9.65 Mil).

Sparta Capital  (OTCPK:SCAXF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Sparta Capital Retained Earnings Historical Data

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The historical data trend for Sparta Capital's Retained Earnings 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 Retained Earnings Chart

Sparta Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.27 -9.53 -9.70 -10.35 -9.65

Sparta Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 -9.76 -10.11 -9.65 -9.61 -9.80

Sparta Capital Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-9.80 Mil mean?
Sparta Capital (SCAXF) has a Retained Earnings of $-9.80 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sparta Capital and its competitors.
Is Sparta Capital's Retained Earnings too high?
Sparta Capital's current Retained Earnings is $-9.80 Mil.
How does Sparta Capital's Retained Earnings compare to RAIN and TOMZ?
Sparta Capital's Retained Earnings of $-9.80 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 Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sparta Capital and its competitors. Sparta Capital's current Retained Earnings is $-9.80 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 $0.21, compared to a current price of $0.00 — trading 98.8% below its estimated fair value. The current Retained Earnings is $-9.80 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Sparta Capital (SCAXF), the current Retained Earnings is $-9.80 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.