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) - Total Liabilities
Latest total liabilities as of October 2025: $11.92 Million USD
Based on the latest financial reports, Sparta Commercial Services Inc (SRCO) has total liabilities worth $11.92 Million USD as of October 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Sparta Commercial Services Inc - Total Liabilities Trend (2001–2025)
This chart illustrates how Sparta Commercial Services Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Sparta Commercial Services Inc Competitors by Total Liabilities
The table below lists competitors of Sparta Commercial Services Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ZALEKTA PUBLIC COMPANY LIMITED
BK:ZAA
|
Thailand | ฿29.01 Million |
|
One Click Group Ltd
AU:1CG
|
Australia | AU$3.78 Million |
|
PREMIER1 Lithium Ltd
AU:PLC
|
Australia | AU$353.76K |
|
Huadi International Group Co Ltd
NASDAQ:HUDI
|
USA | $32.59 Million |
|
LDT Inc
KQ:096870
|
Korea | ₩2.45 Billion |
|
Dataworks Group Ltd
AU:DWG
|
Australia | AU$3.46 Million |
|
Comet Industries Ltd
V:CMU
|
Canada | CA$139.00K |
Liability Composition Analysis (2001–2025)
This chart breaks down Sparta Commercial Services Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.08 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -0.99 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 13.85 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Sparta Commercial Services Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Sparta Commercial Services Inc (2001–2025)
The table below shows the annual total liabilities of Sparta Commercial Services Inc from 2001 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-04-30 | $11.35 Million | +16.33% |
| 2024-04-30 | $9.76 Million | -4.91% |
| 2023-04-30 | $10.26 Million | -48.10% |
| 2022-04-30 | $19.77 Million | +56.16% |
| 2021-04-30 | $12.66 Million | +8.80% |
| 2020-04-30 | $11.64 Million | -3.42% |
| 2019-04-30 | $12.05 Million | +0.71% |
| 2018-04-30 | $11.96 Million | +17.10% |
| 2017-04-30 | $10.22 Million | +24.17% |
| 2016-04-30 | $8.23 Million | +35.27% |
| 2015-04-30 | $6.08 Million | +38.34% |
| 2014-04-30 | $4.40 Million | +2.26% |
| 2013-04-30 | $4.30 Million | -0.85% |
| 2012-04-30 | $4.34 Million | -2.20% |
| 2011-04-30 | $4.43 Million | +8.62% |
| 2010-04-30 | $4.08 Million | -63.51% |
| 2009-04-30 | $11.19 Million | +5.72% |
| 2008-04-30 | $10.58 Million | +87.73% |
| 2007-04-30 | $5.64 Million | +123.99% |
| 2006-04-30 | $2.52 Million | +193.26% |
| 2005-04-30 | $858.04K | +712.49% |
| 2004-04-30 | $105.61K | +322.42% |
| 2001-04-30 | $25.00K | -- |