Sparta Commercial Services Stock Fundamentals
| SRCO Stock | USD 0.26 0.01 4.00% |
Sparta Commercial Services fundamentals help investors to digest information that contributes to Sparta Commercial's financial success or failures. It also enables traders to predict the movement of Sparta Pink Sheet. The fundamental analysis module provides a way to measure Sparta Commercial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sparta Commercial pink sheet.
Sparta |
Sparta Commercial Services Company Return On Asset Analysis
Sparta Commercial's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Sparta Commercial Return On Asset | -20.56 |
Most of Sparta Commercial's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sparta Commercial Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Sparta Commercial Services has a Return On Asset of -20.5556. This is much higher than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on asset for all United States stocks is notably higher than that of the company.
Sparta Commercial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sparta Commercial's current stock value. Our valuation model uses many indicators to compare Sparta Commercial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparta Commercial competition to find correlations between indicators driving Sparta Commercial's intrinsic value. More Info.Sparta Commercial Services is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sparta Commercial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sparta Commercial's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sparta Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sparta Commercial's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Sparta Commercial could also be used in its relative valuation, which is a method of valuing Sparta Commercial by comparing valuation metrics of similar companies.Sparta Commercial is currently under evaluation in return on asset category among its peers.
Sparta Fundamentals
| Return On Asset | -20.56 | |||
| Operating Margin | (6.48) % | |||
| Current Valuation | 7.92 M | |||
| Shares Outstanding | 19.37 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Price To Earning | (0.26) X | |||
| Price To Sales | 7.17 X | |||
| Revenue | 245.47 K | |||
| Gross Profit | 203.31 K | |||
| EBITDA | (8.39 M) | |||
| Net Income | (8.99 M) | |||
| Cash And Equivalents | 870 | |||
| Total Debt | 432.4 K | |||
| Book Value Per Share | (0.89) X | |||
| Cash Flow From Operations | (1.17 M) | |||
| Earnings Per Share | (0.56) X | |||
| Beta | -0.35 | |||
| Market Capitalization | 4.07 M | |||
| Total Asset | 17.74 K | |||
| Retained Earnings | (55.95 M) | |||
| Working Capital | (8.65 M) | |||
| Current Asset | 11 K | |||
| Current Liabilities | 8.66 M | |||
| Net Asset | 17.74 K |
About Sparta Commercial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sparta Commercial Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparta Commercial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparta Commercial Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. The company was incorporated in 1980 and is headquartered in New York, New York. Sparta Comm operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 5 people.
Pair Trading with Sparta Commercial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sparta Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sparta Commercial will appreciate offsetting losses from the drop in the long position's value.Moving against Sparta Pink Sheet
| 0.85 | MSTR | MicroStrategy Incorporated | PairCorr |
| 0.82 | APP | Applovin Corp | PairCorr |
| 0.81 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.8 | NOW | ServiceNow Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.74 | SHOP | Shopify | PairCorr |
The ability to find closely correlated positions to Sparta Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sparta Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sparta Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sparta Commercial Services to buy it.
The correlation of Sparta Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sparta Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sparta Commercial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sparta Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sparta Pink Sheet
Sparta Commercial financial ratios help investors to determine whether Sparta Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparta with respect to the benefits of owning Sparta Commercial security.