SRCO (Sparta Commercial Services) Return-on-Tangible-Asset: -184.62% (As of Jan. 2026)

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What is Sparta Commercial Services Return-on-Tangible-Asset?

Sparta Commercial Services SRCO +5.88% Return-on-Tangible-Asset is -184.62% as of Jan. 2026. The stock has 5 warning signs investors should review. Among 2,892 Software companies, Sparta Commercial Services ranks worse than 94.85% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Sparta Commercial Services's annualized Net Income for the quarter that ended in Jan. 2026 was $-1.66 Mil. Sparta Commercial Services's average total tangible assets for the quarter that ended in Jan. 2026 was $0.90 Mil. Therefore, Sparta Commercial Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was -184.62%.

The historical rank and industry rank for Sparta Commercial Services's Return-on-Tangible-Asset or its related term are showing as below:

SRCO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10457.14   Med: -3162.45   Max: 9272.73
Current: -207.59

During the past 13 years, Sparta Commercial Services's highest Return-on-Tangible-Asset was 9272.73%. The lowest was -10457.14%. And the median was -3162.45%.

SRCO's Return-on-Tangible-Asset is ranked worse than
94.85% of 2892 companies
in the Software industry
Industry Median: 2.07 vs SRCO: -207.59

Sparta Commercial Services  (OTCPK:SRCO) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Sparta Commercial Services Return-on-Tangible-Asset Related Terms


Sparta Commercial Services Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Sparta Commercial Services's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Sparta Commercial Services Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,981.82 -10,457.14 9,272.73 -968.42 -484.38

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
Return-on-Tangible-Asset 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 -224.90 -167.78 -239.95 -246.41 -184.62

SRCO vs GDLG, HTCR, KWIK: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Sparta Commercial Services's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Commercial Services Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Sparta Commercial Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Sparta Commercial Services's Return-on-Tangible-Asset falls into.



Sparta Commercial Services Return-on-Tangible-Asset Calculation

Sparta Commercial Services's annualized Return-on-Tangible-Asset for the fiscal year that ended in Apr. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=-2.124/( (0.12+0.757)/ 2 )
=-2.124/0.4385
=-484.38 %

Sparta Commercial Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=-1.656/( (0.861+0.933)/ 2 )
=-1.656/0.897
=-184.62 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of -184.62% mean?
Sparta Commercial Services (SRCO) has a Return-on-Tangible-Asset of -184.62% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sparta Commercial Services and its competitors. According to the industry distribution chart, Sparta Commercial Services ranks #2743 out of 2892 companies in the Software industry, placing it in the top 94.8%.
Is Sparta Commercial Services' Return-on-Tangible-Asset too high?
Sparta Commercial Services' current Return-on-Tangible-Asset is -184.62%. Based on the distribution chart, Sparta Commercial Services ranks #2743 out of 2892 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Sparta Commercial Services' Return-on-Tangible-Asset compare to GDLG and HTCR?
According to the Software industry distribution chart, Sparta Commercial Services ranks #2743 out of 2892 companies for Return-on-Tangible-Asset. This places Sparta Commercial Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sparta Commercial Services and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparta Commercial Services's current Return-on-Tangible-Asset is -184.62%. 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 18.2% below its estimated fair value. The current Return-on-Tangible-Asset is -184.62%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Sparta Commercial Services (SRCO), the current Return-on-Tangible-Asset is -184.62% 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.