SPARQ Corp.
SPARQ Systems Inc. engages in the design, manufacture, and sale of single-phase microinverters for residential and commercial solar electric applications. The company offers Quad inverters, a proprietary photovoltaic solution; and Sparqlinq, a real-time performance monitoring that access and monitors energy system data. It also provides SparqVu, an energy management system for multi-site monitori… Read more
SPARQ Corp. (SPRQF) - Total Assets
Latest total assets as of September 2025: $8.56 Million USD
Based on the latest financial reports, SPARQ Corp. (SPRQF) holds total assets worth $8.56 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SPARQ Corp. - Total Assets Trend (2018–2024)
This chart illustrates how SPARQ Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SPARQ Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
SPARQ Corp.'s total assets of $8.56 Million consist of 93.6% current assets and 6.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 58.7% |
| Accounts Receivable | $1.68 Million | 14.2% |
| Inventory | $2.30 Million | 19.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how SPARQ Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SPARQ Corp.'s current assets represent 93.6% of total assets in 2024, a decrease from 93.9% in 2018.
- Cash Position: Cash and equivalents constituted 58.7% of total assets in 2024, up from 17.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 19.4% of total assets.
SPARQ Corp. Competitors by Total Assets
Key competitors of SPARQ Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
SPARQ Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - SPARQ Corp. generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SPARQ Corp. is currently not profitable relative to its asset base.
SPARQ Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 13.40 | 24.45 | 7.46 |
| Quick Ratio | 10.67 | 17.05 | 4.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.31 Million | $ 11.01 Million | $ 946.34K |
SPARQ Corp. - Advanced Valuation Insights
This section examines the relationship between SPARQ Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.94 |
| Latest Market Cap to Assets Ratio | 4.67 |
| Asset Growth Rate (YoY) | 169.3% |
| Total Assets | $11.83 Million |
| Market Capitalization | $55.18 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SPARQ Corp.'s assets at a significant premium ( 4.67x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: SPARQ Corp.'s assets grew by 169.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SPARQ Corp. (2018–2024)
The table below shows the annual total assets of SPARQ Corp. from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.83 Million | +169.33% |
| 2023-12-31 | $4.39 Million | -40.69% |
| 2022-12-31 | $7.41 Million | -28.01% |
| 2021-12-31 | $10.29 Million | +428.60% |
| 2020-12-31 | $1.95 Million | +85.53% |
| 2019-12-31 | $1.05 Million | -40.74% |
| 2018-12-31 | $1.77 Million | -- |