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Sparta Commercial Services (Sparta Commercial Services) Debt-to-Revenue : 51.97 (As of Jan. 2024)


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What is Sparta Commercial Services Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Sparta Commercial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $7.16 Mil. Sparta Commercial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.53 Mil. Sparta Commercial Services's annualized Revenue for the quarter that ended in Jan. 2024 was $0.15 Mil. Sparta Commercial Services's annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 was 51.97.


Sparta Commercial Services Debt-to-Revenue Historical Data

The historical data trend for Sparta Commercial Services's Debt-to-Revenue 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.

* Premium members only.

Sparta Commercial Services Debt-to-Revenue Chart

Sparta Commercial Services Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 16.79 21.42 23.49 27.96

Sparta Commercial Services Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Revenue 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 29.50 26.42 30.21 37.51 51.97

Competitive Comparison of Sparta Commercial Services's Debt-to-Revenue

For the Software - Application subindustry, Sparta Commercial Services's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Sparta Commercial Services's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sparta Commercial Services's Debt-to-Revenue falls into.



Sparta Commercial Services Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Sparta Commercial Services's Debt-to-Revenue for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.75 + 0.436) / 0.257
=27.96

Sparta Commercial Services's annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.163 + 0.529) / 0.148
=51.97

* 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 Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jan. 2024) Revenue data.


Sparta Commercial Services Debt-to-Revenue Related Terms

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Sparta Commercial Services (Sparta Commercial Services) Business Description

Traded in Other Exchanges
N/A
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 maximum revenue from the application source.
Executives
Jeffrey Buchanan Bean director 325 COTTON AVENUE, MACON GA 31201
Anthony L Havens director, officer: CEO 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Sandra L Ahman director, officer: VP 555 FIFTH AVE, 14TH FLOOR, NEW YORK NY 10017
Kristian Srb director, 10 percent owner 555 FIFTH AVE., 14TH FLOOR, NEW YORK NY 10017
Richard P Trotter officer: COO 370 LEXINGTON AVE., SUITE 1901, NEW YORK NY 10017
Anthony William Adler officer: EVP 462 SEVENTH AVENUE, 20TH FLOOR, NEW YORK NY 10018
Leo Long other: 8.85% OWNER 9109 LORIET BLVD., LENEXA KS 66219
Glenn Little other: 5% Owner 211 WEST WALL ST, MIDLAND TX 70701
Michael J Mele officer: Chief Financial Officer 462 SEVENTH AVE, 20TH FL., C/O SPARTA COMMERCIAL SERVICES, INC., NEW YORK NY 10018
Danny Lanjewar officer: Chief Financial Officer