Sparta Capital

Sparta Capital Interest Coverage

The Interest Coverage Ratio of Sparta Capital (SAY.V) as of Nov 5, 2026 is -2.10. In the previous year, Interest Coverage Ratio was 0.37 — a change of -669.38% (lower).

Interest Coverage

-2.10

YoY

-669.38%

Last updated:

Interest Coverage Ratio of Sparta Capital is 2024 -2.10 . Interest Coverage Ratio of Sparta Capital was 2023 0.37 . It decreases by -669.38% lower compared to the previous year.

The Sparta Capital Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-15.30 CAD
Jan 1, 2018
-6.95 CAD
Jan 1, 2019
-3.54 CAD
Jan 1, 2020
0.08 CAD
Jan 1, 2021
-1.34 CAD
Jan 1, 2022
-2.91 CAD
Jan 1, 2023
0.37 CAD
Jan 1, 2024
-2.10 CAD
The Sparta Capital Interest Coverage history
YEARInterest CoverageYoY
-2.10-669.38%
0.37-112.67%
-2.91+116.66%
-1.34-1,810.63%
0.08-102.22%
-3.54-49.11%
-6.95-54.58%
-15.30-84.31%
-97.53—

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Sparta Capital Stock analysis

What does Sparta Capital do? Sparta Capital Ltd. generates revenue through its three business segments focused on energy services for commercial sectors. The company's subsidiaries ReECO TECH, Illumineris, and SuperNova Performance Technologies Ltd. contribute to this model. ReECO TECH converts waste materials into usable forms, while Illumineris operates three divisions: photoluminescent safety products, comprehensive energy audits, and power-factor correction. SuperNova Performance Technologies Ltd. develops green initiatives for combustion, transportation, and storage technology. Commercial clients across various industries purchase these services to optimize energy usage and reduce waste. The photoluminescent safety products division of Illumineris targets commercial buildings requiring safety compliance, while the energy audit division serves businesses seeking efficiency improvements. Power-factor correction services appeal to industrial clients needing stable electrical systems. ReECO TECH's waste conversion solutions are sold to manufacturers handling waste streams, and SuperNova's green combustion technologies are adopted by transportation and energy storage providers. These segments collectively address commercial energy management needs through specialized service offerings. Commercial sectors including manufacturing, transportation, and building management are key buyers of Sparta Capital's services. ReECO TECH's waste conversion products are utilized by companies processing industrial waste, while Illumineris's energy audit services are contracted by facilities aiming to reduce operational costs. SuperNova Performance Technologies Ltd. provides solutions to clients in the combustion and transportation sectors seeking sustainable energy practices. These segments ensure consistent revenue streams from diverse commercial applications. Sparta Capital is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Sparta Capital stock

Interest Coverage Ratio of Sparta Capital is -2.10 in 2024.

Interest Coverage Ratio of Sparta Capital changed from 0.37 to -2.10, representing a -669.38% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Sparta Capital 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 Sparta Capital with sector peers and the industry average to assess whether it is attractive.

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Leverage — Sparta Capital

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