Sparta Capital (TSXV:SAY) Total Assets : C$3.25 Mil (As of Dec. 2023)

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What is Sparta Capital Total Assets?

Sparta Capital's Total Assets for the quarter that ended in Dec. 2023 was C$3.25 Mil.

During the past 12 months, Sparta Capital's average Total Assets Growth Rate was 31.20% per year. During the past 3 years, the average Total Assets Growth Rate was -27.80% per year. During the past 5 years, the average Total Assets Growth Rate was -29.80% per year. During the past 10 years, the average Total Assets Growth Rate was 48.90% per year.

During the past 13 years, Sparta Capital's highest 3-Year average Total Assets Growth Rate was 449.00%. The lowest was -58.60%. And the median was -5.15%.

Total Assets is connected with ROA %. Sparta Capital's annualized ROA % for the quarter that ended in Dec. 2023 was -3.77%. Total Assets is also linked to Revenue through Asset Turnover. Sparta Capital's Asset Turnover for the quarter that ended in Dec. 2023 was 1.10.

Sparta Capital Total Assets Historical Data

The historical data trend for Sparta Capital's Total Assets 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.

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Sparta Capital Total Assets Chart

Sparta Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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2.87

3.03

3.06

2.03

1.84

Sparta Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2.19	2.48	1.93	1.84	3.25

Sparta Capital Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sparta Capital's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	-1.266	+	3.108
	=	1.84

Sparta Capital's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-0.946	+	4.197
	=	3.25

Sparta Capital (TSXV:SAY) Total Assets Explanation

Total Assets is connected with ROA %.

Sparta Capital's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.096	/	( (1.842	+	3.252)	/ 2 )
	=	-0.096	/	2.547
	=	-3.77 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sparta Capital's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	2.807	/	( (1.842	+	3.252)	/ 2 )
=	2.807	/	2.547
=	1.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sparta Capital Total Assets Related Terms

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Sparta Capital (TSXV:SAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sparta Capital Ltd (TSXV:SAY) » Definitions » Total Assets

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SCAXF:USA

Address

390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2

Website

https://www.spartagroup.ca

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 business segments include Illumineris; Re-Eco and Sparta. It generates maximum revenue from the Re-Eco Electronic segment.

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