SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2013-12-23

Name: SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2013-12-23
Creator: SPARTA COMMERCIAL SERVICES, INC.

What SPARTA COMMERCIAL SERVICES, INC. reported in its quarterly report filed 2013-12-23 (fiscal Q2 2014): 30 published measures, 78 facts as tagged in accession 0001185185-13-002693.

This filing

Form: 10-Q (quarterly report)
Filed: 2013-12-23
Fiscal period: fiscal Q2 2014
Accession: 0001185185-13-002693 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All SPARTA COMMERCIAL SERVICES, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2013-10-31	437,722	USD
At 2013-04-30	424,750	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2013-10-31	4,496,726	USD
At 2013-04-30	4,299,444	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2013-10-31	-4,059,003	USD
At 2013-04-30	-3,874,694	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2013-10-31	19,170	USD
At 2013-04-30	38,213	USD
At 2012-10-31	19,300	USD
At 2012-04-30	19,138	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	-737,302	USD	92
2013-05-01 to 2013-10-31	-1,237,063	USD	184
2012-08-01 to 2012-10-31	-879,198	USD	92
2012-05-01 to 2012-10-31	-1,941,177	USD	184

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	-863,363	USD	184
2012-05-01 to 2012-10-31	-739,255	USD	184

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	853,517	USD	184
2012-05-01 to 2012-10-31	683,086	USD	184

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	0	USD	184
2012-05-01 to 2012-10-31	0	USD	184

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2013-10-31	-42,228,720	USD
At 2013-04-30	-40,991,658	USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2013-10-31	11,768	USD
At 2013-04-30	14,546	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	119,037	USD	184
2012-05-01 to 2012-10-31	428,174	USD	184

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	-284,406	USD	92
2013-05-01 to 2013-10-31	-536,735	USD	184
2012-08-01 to 2012-10-31	-286,137	USD	92
2012-05-01 to 2012-10-31	-743,234	USD	184

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2013-10-31	237,133	USD
At 2013-04-30	192,060	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2013-10-31	4,334,822	USD
At 2013-04-30	4,109,724	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2013-10-31	10,000	USD
At 2013-04-30	10,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2013-10-31	217,963	USD
At 2013-04-30	153,847	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	363,739	USD	92
2013-05-01 to 2013-10-31	714,607	USD	184
2012-08-01 to 2012-10-31	352,865	USD	92
2012-05-01 to 2012-10-31	885,712	USD	184

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	79,333	USD	92
2013-05-01 to 2013-10-31	177,872	USD	184
2012-08-01 to 2012-10-31	66,727	USD	92
2012-05-01 to 2012-10-31	142,478	USD	184

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2013-10-31	17,388,205	shares
At 2013-04-30	14,131,242	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2013-10-31	39,561,169	USD
At 2013-04-30	38,483,198	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2013-10-31	-4,754,226	USD
At 2013-04-30	-4,597,885	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2013-10-31	209,341	USD
At 2013-04-30	209,341	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2013-10-31	197,573	USD
At 2013-04-30	194,795	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	-447,850	USD	92
2013-05-01 to 2013-10-31	-907,321	USD	184
2012-08-01 to 2012-10-31	-592,595	USD	92
2012-05-01 to 2012-10-31	-1,339,615	USD	184

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	-715,843	USD	92
2013-05-01 to 2013-10-31	-1,185,934	USD	184
2012-08-01 to 2012-10-31	-849,134	USD	92
2012-05-01 to 2012-10-31	-1,871,421	USD	184

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	363,382	USD	92
2013-05-01 to 2013-10-31	711,829	USD	184
2012-08-01 to 2012-10-31	351,181	USD	92
2012-05-01 to 2012-10-31	881,535	USD	184

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2013-08-01 to 2013-10-31	357	USD	92
2013-05-01 to 2013-10-31	2,778	USD	184
2012-08-01 to 2012-10-31	1,684	USD	92
2012-05-01 to 2012-10-31	4,177	USD	184

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	2,778	USD	184
2012-05-01 to 2012-10-31	4,177	USD	184

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	513,161	USD	184
2012-05-01 to 2012-10-31	455,211	USD	184

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2013-05-01 to 2013-10-31	64,117	USD	184
2012-05-01 to 2012-10-31	27,590	USD	184

Inspect the source

Entity: SPARTA COMMERCIAL SERVICES, INC. / CIK 0000318299
Captured: 2026-09-19T14:56:38.669Z
SEC response SHA-256: 923b5a10d2ff28a6e30ea48c6c3110d171e0f4d28c6954f20195a0be5d70586d

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import json
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with urlopen("https://canlicapital.com/company-data/0000318299.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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