Sparta Commercial Services Inc
Sparta Commercial Services, Inc. engages in the fintech service, financial service, e-commerce and mobile technology, and health and wellness businesses. It develops mobile applications for small and medium-size businesses under the iMobileApp name; and designs, launches, maintains, and hosts websites for businesses incorporating search engine optimization, social media marketing, and online revi… Read more
Sparta Commercial Services Inc (SRCO) - Net Assets
Latest net assets as of October 2025: $-11.06 Million USD
Based on the latest financial reports, Sparta Commercial Services Inc (SRCO) has net assets worth $-11.06 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($860.56K) and total liabilities ($11.92 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-11.06 Million |
| % of Total Assets | -1285.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sparta Commercial Services Inc - Net Assets Trend (2001–2025)
This chart illustrates how Sparta Commercial Services Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sparta Commercial Services Inc (2001–2025)
The table below shows the annual net assets of Sparta Commercial Services Inc from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $-10.59 Million | -9.93% |
| 2024-04-30 | $-9.64 Million | +5.96% |
| 2023-04-30 | $-10.25 Million | +48.12% |
| 2022-04-30 | $-19.75 Million | -56.43% |
| 2021-04-30 | $-12.63 Million | -8.92% |
| 2020-04-30 | $-11.59 Million | +3.52% |
| 2019-04-30 | $-12.01 Million | -0.64% |
| 2018-04-30 | $-11.94 Million | -18.01% |
| 2017-04-30 | $-10.12 Million | -25.04% |
| 2016-04-30 | $-8.09 Million | -36.21% |
| 2015-04-30 | $-5.94 Million | -51.04% |
| 2014-04-30 | $-3.93 Million | -1.48% |
| 2013-04-30 | $-3.87 Million | -12.42% |
| 2012-04-30 | $-3.45 Million | -16.98% |
| 2011-04-30 | $-2.95 Million | -83.71% |
| 2010-04-30 | $-1.60 Million | +73.82% |
| 2009-04-30 | $-6.13 Million | -43.44% |
| 2008-04-30 | $-4.27 Million | -179.32% |
| 2007-04-30 | $-1.53 Million | -383.45% |
| 2006-04-30 | $539.47K | +219.61% |
| 2005-04-30 | $-451.02K | -470.48% |
| 2004-04-30 | $-79.06K | -250.11% |
| 2001-04-30 | $-22.58K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sparta Commercial Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6343631800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $40.13K | % |
| Other Comprehensive Income | $33.61K | % |
| Other Components | $57.24 Million | % |
| Total Equity | $-11.61 Million | 100.00% |
Sparta Commercial Services Inc Competitors by Market Cap
The table below lists competitors of Sparta Commercial Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PREMIER1 Lithium Ltd
AU:PLC
|
$5.25 Million |
|
One Click Group Ltd
AU:1CG
|
$5.25 Million |
|
ZALEKTA PUBLIC COMPANY LIMITED
BK:ZAA
|
$5.25 Million |
|
JAPAN PRIME REALTY INV.
F:58JA
|
$5.25 Million |
|
Huadi International Group Co Ltd
NASDAQ:HUDI
|
$5.25 Million |
|
LDT Inc
KQ:096870
|
$5.25 Million |
|
Dataworks Group Ltd
AU:DWG
|
$5.24 Million |
|
Comet Industries Ltd
V:CMU
|
$5.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparta Commercial Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -10,643,131 to -11,608,515, a change of -965,384.
- Net loss of 2,123,634 reduced equity.
- New share issuances of 764,571 increased equity.
- Other comprehensive income increased equity by 218.
- Other factors increased equity by 393,461.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.12 Million | -18.29% |
| Share Issuances | $764.57K | +6.59% |
| Other Comprehensive Income | $218.00 | +0.0% |
| Other Changes | $393.46K | +3.39% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Sparta Commercial Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-04-30 | $-1.58 | $0.28 | x |
| 2002-04-30 | $0.90 | $0.28 | x |
| 2003-04-30 | $0.63 | $0.28 | x |
| 2004-04-30 | $-83.84 | $0.28 | x |
| 2005-04-30 | $-39.42 | $0.28 | x |
| 2006-04-30 | $42.38 | $0.28 | x |
| 2007-04-30 | $-93.96 | $0.28 | x |
| 2008-04-30 | $-251.64 | $0.28 | x |
| 2009-04-30 | $-288.79 | $0.28 | x |
| 2010-04-30 | $-40.04 | $0.28 | x |
| 2011-04-30 | $-55.53 | $0.28 | x |
| 2012-04-30 | $-54.82 | $0.28 | x |
| 2013-04-30 | $-41.28 | $0.28 | x |
| 2014-04-30 | $-26.09 | $0.28 | x |
| 2015-04-30 | $-24.93 | $0.28 | x |
| 2016-04-30 | $-5.20 | $0.28 | x |
| 2017-04-30 | $-1.89 | $0.28 | x |
| 2018-04-30 | $-2.07 | $0.28 | x |
| 2019-04-30 | $-2.07 | $0.28 | x |
| 2020-04-30 | $-2.00 | $0.28 | x |
| 2021-04-30 | $-1.91 | $0.28 | x |
| 2022-04-30 | $-1.51 | $0.28 | x |
| 2023-04-30 | $-0.58 | $0.28 | x |
| 2024-04-30 | $-0.38 | $0.28 | x |
| 2025-04-30 | $-0.36 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparta Commercial Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -901.59%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-124.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $1.06K |
| 2002 | -1963.74% | 0.00% | 0.00x | 1.00x | $-16.66K |
| 2003 | -42.09% | 0.00% | 0.00x | 1.00x | $-309.40 |
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.76 Million |
| 2005 | 0.00% | -3918.74% | 0.16x | 0.00x | $-2.53 Million |
| 2006 | -1104.14% | -3522.36% | 0.06x | 5.66x | $-6.01 Million |
| 2007 | 0.00% | -499.30% | 0.19x | 0.00x | $-3.78 Million |
| 2008 | 0.00% | -353.40% | 0.18x | 0.00x | $-3.57 Million |
| 2009 | 0.00% | -429.99% | 0.23x | 0.00x | $-4.31 Million |
| 2010 | 0.00% | -580.51% | 0.29x | 0.00x | $-3.98 Million |
| 2011 | 0.00% | -1309.04% | 0.18x | 0.00x | $-3.25 Million |
| 2012 | 0.00% | -401.26% | 0.56x | 0.00x | $-1.58 Million |
| 2013 | 0.00% | -862.85% | 0.97x | 0.00x | $-3.11 Million |
| 2014 | 0.00% | -652.98% | 1.03x | 0.00x | $-2.65 Million |
| 2015 | 0.00% | -813.50% | 4.23x | 0.00x | $-4.26 Million |
| 2016 | 0.00% | -877.34% | 4.62x | 0.00x | $-4.69 Million |
| 2017 | 0.00% | -479.69% | 5.45x | 0.00x | $-1.52 Million |
| 2018 | 0.00% | -636.33% | 17.54x | 0.00x | $-1.55 Million |
| 2019 | 0.00% | -438.87% | 11.44x | 0.00x | $-390.66K |
| 2020 | 0.00% | -240.99% | 7.32x | 0.00x | $483.39K |
| 2021 | 0.00% | -886.87% | 7.80x | 0.00x | $-942.17K |
| 2022 | 0.00% | -894.52% | 13.84x | 0.00x | $-122.28K |
| 2023 | 0.00% | 397.21% | 19.72x | 0.00x | $2.14 Million |
| 2024 | 0.00% | -335.60% | 1.60x | 0.00x | $419.82K |
| 2025 | 0.00% | -901.59% | 0.31x | 0.00x | $-962.78K |
Industry Comparison
This section compares Sparta Commercial Services Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sparta Commercial Services Inc (SRCO) | $-11.06 Million | 0.00% | N/A | $5.25 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |