Sparta Other Stockholder Equity vs Total Current Liabilities Analysis

SAY Stock  CAD 0.01  0.01  25.00%   
Sparta Capital financial indicator trend analysis is much more than just breaking down Sparta Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sparta Capital is a good investment. Please check the relationship between Sparta Capital Other Stockholder Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparta Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Total Current Liabilities

Other Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sparta Capital Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sparta Capital's Other Stockholder Equity and Total Current Liabilities is -0.2. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Sparta Capital, assuming nothing else is changed. The correlation between historical values of Sparta Capital's Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Sparta Capital are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., Sparta Capital's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Current Liabilities

Total Current Liabilities is an item on Sparta Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sparta Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Sparta Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sparta Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparta Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Sparta Capital's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 4.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.49 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.3M5.6M5.1M4.6M
Total Revenue6.0M9.4M8.5M6.3M

Sparta Capital fundamental ratios Correlations

-0.03-0.20.090.130.33-0.24-0.26-0.060.47-0.17-0.25-0.19-0.26-0.250.27-0.26-0.21-0.2-0.25-0.210.220.24-0.19-0.140.19
-0.03-0.35-0.380.740.780.50.29-0.20.720.310.930.860.620.95-0.680.910.160.910.950.91-0.93-0.130.030.0-0.02
-0.2-0.350.920.09-0.050.02-0.8-0.74-0.22-0.87-0.210.10.05-0.220.23-0.1-0.830.03-0.17-0.120.070.75-0.46-0.780.79
0.09-0.380.920.1-0.05-0.16-0.91-0.78-0.18-0.94-0.290.02-0.19-0.280.38-0.2-0.87-0.03-0.26-0.170.120.9-0.64-0.780.88
0.130.740.090.10.910.66-0.2-0.610.79-0.190.550.660.570.62-0.60.56-0.310.760.640.6-0.710.19-0.43-0.440.52
0.330.78-0.05-0.050.910.67-0.06-0.470.95-0.050.570.660.70.59-0.560.59-0.220.70.630.57-0.640.07-0.16-0.360.34
-0.240.50.02-0.160.660.670.23-0.320.580.130.330.370.870.35-0.750.4-0.020.430.410.27-0.39-0.330.14-0.210.09
-0.260.29-0.8-0.91-0.2-0.060.230.750.080.980.25-0.060.280.22-0.280.190.94-0.030.210.11-0.07-0.910.660.86-0.91
-0.06-0.2-0.74-0.78-0.61-0.47-0.320.75-0.310.8-0.19-0.48-0.25-0.230.15-0.30.84-0.49-0.25-0.310.4-0.780.630.89-0.92
0.470.72-0.22-0.180.790.950.580.08-0.310.10.490.530.640.49-0.420.5-0.050.560.540.47-0.52-0.04-0.11-0.190.19
-0.170.31-0.87-0.94-0.19-0.050.130.980.80.10.26-0.060.20.24-0.230.180.97-0.020.230.13-0.09-0.890.610.9-0.91
-0.250.93-0.21-0.290.550.570.330.25-0.190.490.260.940.560.98-0.540.980.160.930.990.98-0.95-0.030.090.01-0.05
-0.190.860.10.020.660.660.37-0.06-0.480.53-0.060.940.590.93-0.510.96-0.170.970.950.96-0.940.24-0.08-0.310.26
-0.260.620.05-0.190.570.70.870.28-0.250.640.20.560.590.51-0.60.620.050.560.60.46-0.51-0.280.28-0.140.0
-0.250.95-0.22-0.280.620.590.350.22-0.230.490.240.980.930.51-0.620.960.130.960.990.99-0.98-0.020.0-0.020.01
0.27-0.680.230.38-0.6-0.56-0.75-0.280.15-0.42-0.23-0.54-0.51-0.6-0.62-0.58-0.04-0.61-0.6-0.520.60.37-0.310.160.07
-0.260.91-0.1-0.20.560.590.40.19-0.30.50.180.980.960.620.96-0.580.060.940.970.97-0.950.030.1-0.10.03
-0.210.16-0.83-0.87-0.31-0.22-0.020.940.84-0.050.970.16-0.170.050.13-0.040.06-0.140.110.040.02-0.840.520.97-0.91
-0.20.910.03-0.030.760.70.43-0.03-0.490.56-0.020.930.970.560.96-0.610.94-0.140.960.96-0.990.19-0.18-0.290.29
-0.250.95-0.17-0.260.640.630.410.21-0.250.540.230.990.950.60.99-0.60.970.110.960.98-0.97-0.020.02-0.040.02
-0.210.91-0.12-0.170.60.570.270.11-0.310.470.130.980.960.460.99-0.520.970.040.960.98-0.980.12-0.07-0.10.1
0.22-0.930.070.12-0.71-0.64-0.39-0.070.4-0.52-0.09-0.95-0.94-0.51-0.980.6-0.950.02-0.99-0.97-0.98-0.130.150.17-0.19
0.24-0.130.750.90.190.07-0.33-0.91-0.78-0.04-0.89-0.030.24-0.28-0.020.370.03-0.840.19-0.020.12-0.13-0.71-0.750.87
-0.190.03-0.46-0.64-0.43-0.160.140.660.63-0.110.610.09-0.080.280.0-0.310.10.52-0.180.02-0.070.15-0.710.45-0.79
-0.140.0-0.78-0.78-0.44-0.36-0.210.860.89-0.190.90.01-0.31-0.14-0.020.16-0.10.97-0.29-0.04-0.10.17-0.750.45-0.89
0.19-0.020.790.880.520.340.09-0.91-0.920.19-0.91-0.050.260.00.010.070.03-0.910.290.020.1-0.190.87-0.79-0.89
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Sparta Capital Account Relationship Matchups

Sparta Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.8K15.7K5.0K27.2K24.5K39.8K
Total Current Liabilities2.7M2.8M3.3M2.6M2.3M3.1M
Net Tangible Assets(100.8K)(320.7K)(182.0K)(973.1K)(875.8K)(832.0K)
Retained Earnings(11.1M)(11.7M)(12.7M)(13.1M)(11.8M)(12.4M)
Accounts Payable636.3K627.1K693.8K646.1K581.4K1.1M
Net Receivables717.1K880.2K511.4K550.0K495.0K737.0K
Inventory109.9K61.1K35.3K8.5K7.6K7.2K
Other Stockholder Equity(85K)91.3K385.8K659.0K757.8K795.7K
Total Current Assets1.4M1.8M1.2M1.5M1.4M1.4M
Common Stock8.7M9.5M10.0M10.1M11.7M9.7M
Property Plant Equipment577.7K1.2M1.1M755.4K679.9K1.1M
Total Assets3.0M3.1M2.0M1.8M1.7M2.7M
Total Stockholder Equity(320.7K)(182.0K)(973.1K)(824.0K)(741.6K)(778.7K)
Net Debt1.3M1.1M1.9M1.2M1.1M1.7M
Cash612.5K844.8K541.1K930.8K1.1M756.8K
Non Current Assets Total1.6M1.3M850.2K320.9K288.8K274.4K
Common Stock Shares Outstanding202.9M211.6M213.5M234.2M269.3M217.9M
Non Current Liabilities Total792.3K655.5K466.1K507.4K583.6K440.9K
Total Liab3.5M3.5M3.8M3.1M2.8M3.7M
Net Invested Capital1.6M1.7M1.5M1.3M1.2M1.8M
Short Long Term Debt1.8M1.8M2.2M1.8M1.6M2.1M
Net Working Capital(1.3M)(1.0M)(2.1M)(1.1M)(1.2M)(1.3M)
Long Term Debt95.1K125K245.4K279.0K251.1K238.5K
Capital Lease Obligations1.0M907.7K643.8K235.2K270.5K535.4K
Capital Stock9.5M10.0M10.1M10.8M12.4M10.6M

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Additional Tools for Sparta Stock Analysis

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