Scisparc

Scisparc Interest Coverage

The Interest Coverage Ratio of Scisparc (SPRC) as of Nov 12, 2026 is -43.04. In the previous year, Interest Coverage Ratio was -6.05 — a change of 611.17% (lower).

Interest Coverage

-43.04

YoY

611.17%

Last updated:

Interest Coverage Ratio of Scisparc is 2024 -43.04 . Interest Coverage Ratio of Scisparc was 2023 -6.05 . It decreases by 611.17% lower compared to the previous year.

The Scisparc Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-11.74 USD
Jan 1, 2018
-14.08 USD
Jan 1, 2019
-15.80 USD
Jan 1, 2020
-5.58 USD
Jan 1, 2021
-288.40 USD
Jan 1, 2022
-1.07 USD
Jan 1, 2023
-6.05 USD
Jan 1, 2024
-43.04 USD
The Scisparc Interest Coverage history
YEARInterest CoverageYoY
-43.04+611.17%
-6.05+466.60%
-1.07-99.63%
-288.40+5,067.20%
-5.58-64.67%
-15.80+12.23%
-14.08+19.89%
-11.74-81.59%
-63.80-64.12%
-177.79—

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Scisparc Stock analysis

What does Scisparc do? SciSparc Ltd develops cannabinoid-based pharmaceuticals including THX-110 for Tourette syndrome, Obstructive Sleep Apnea, and pain; THX-130 for Mild Cognitive Impairment and Traumatic Brain Injury; THX-150 for infectious diseases; and THX-160 for pain. The company monetizes through drug development programs targeting specific medical conditions, with pharmaceutical companies and research institutions as primary buyers of these development assets. The firm's revenue streams derive from licensing agreements and partnerships with biopharmaceutical entities seeking to advance cannabinoid-based therapies for unmet medical needs. SciSparc focuses on repurposing Dronabinol into multiple therapeutic applications, creating a diversified portfolio of drug candidates. Its products target neurological disorders, sleep disorders, and infectious diseases, appealing to healthcare providers and patients requiring innovative treatments. The company's business model relies on generating revenue through the sale of development-stage drug assets to larger pharmaceutical firms rather than direct patient sales. The firm's pipeline includes four distinct drug candidates, each addressing different medical conditions. THX-110 targets Tourette syndrome, Obstructive Sleep Apnea, and pain; THX-130 addresses Mild Cognitive Impairment and Traumatic Brain Injury; THX-150 targets infectious diseases; and THX-160 focuses on pain management. These assets are marketed to biopharmaceutical companies as potential additions to their therapeutic portfolios. Scisparc is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Scisparc stock

Interest Coverage Ratio of Scisparc is -43.04 in 2024.

Interest Coverage Ratio of Scisparc changed from -6.05 to -43.04, representing a 611.17% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Scisparc since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Scisparc with sector peers and the industry average to assess whether it is attractive.

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