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SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2015-09-21

What SPARTA COMMERCIAL SERVICES, INC. reported in its quarterly report filed 2015-09-21 (fiscal Q1 2016): 32 published measures, 69 facts as tagged in accession 0001185185-15-002439.

This filing

Form
10-Q (quarterly report)
Filed
2015-09-21
Fiscal period
fiscal Q1 2016
Accession
0001185185-15-002439 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.

PeriodValueUnitDays
At 2015-07-31230,878USD
At 2015-04-30143,156USD

Total liabilities

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

PeriodValueUnitDays
At 2015-07-316,709,203USD
At 2015-04-306,082,258USD

Stockholders equity

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

PeriodValueUnitDays
At 2015-07-31-6,478,325USD
At 2015-04-30-5,939,102USD
At 2014-04-30-3,932,163USD

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.

PeriodValueUnitDays
At 2015-07-3152,322USD
At 2015-04-3014,034USD
At 2014-07-3154,186USD
At 2014-04-3070,456USD

Net income or loss

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

PeriodValueUnitDays
2015-05-01 to 2015-07-31-1,554,604USD92
2004-07-01 to 2015-07-31-50,733,057USD4048
2014-05-01 to 2014-07-31-558,948USD92

Operating cash flow

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

PeriodValueUnitDays
2015-05-01 to 2015-07-31-672,260USD92
2014-05-01 to 2014-07-31-455,922USD92

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2015-05-01 to 2015-07-310USD92
2014-05-01 to 2014-07-310USD92

Financing cash flow

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

PeriodValueUnitDays
2015-05-01 to 2015-07-31725,900USD92
2014-05-01 to 2014-07-31426,671USD92

Investing cash flow

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

PeriodValueUnitDays
2015-05-01 to 2015-07-310USD92
2014-05-01 to 2014-07-310USD92

Retained earnings or deficit

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

PeriodValueUnitDays
At 2015-07-31-50,733,057USD
At 2015-04-30-49,178,453USD

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.

PeriodValueUnitDays
At 2015-07-318,990USD
At 2015-04-3010,047USD

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-3182,111USD92
2014-05-01 to 2014-07-3182,791USD92

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-31-641,030USD92
2014-05-01 to 2014-07-31-476,148USD92

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.

PeriodValueUnitDays
At 2015-07-31116,573USD
At 2015-04-3019,750USD

Current liabilities

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

PeriodValueUnitDays
At 2015-07-315,186,052USD
At 2015-04-304,362,919USD

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.

PeriodValueUnitDays
At 2015-07-3110,000USD
At 2015-04-3010,000USD

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-31764,107USD92
2014-05-01 to 2014-07-31565,705USD92

Gross profit

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

PeriodValueUnitDays
2015-05-01 to 2015-07-31123,077USD92
2014-05-01 to 2014-07-3189,557USD92

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.

PeriodValueUnitDays
At 2015-07-3173,710,011shares
At 2015-04-3043,238,320shares

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.

PeriodValueUnitDays
At 2015-07-3143,509,634USD
At 2015-04-3042,528,909USD

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.

PeriodValueUnitDays
At 2015-07-31-7,134,937USD
At 2015-04-30-6,591,450USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2015-07-313,013,706USD
At 2015-04-302,638,154USD

Gross property, plant and equipment

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

PeriodValueUnitDays
At 2015-07-31213,262USD
At 2015-04-30213,262USD

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.

PeriodValueUnitDays
At 2015-07-31204,272USD
At 2015-04-30203,215USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2015-07-319,628USD
At 2015-04-309,628USD

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-31-1,536,411USD92
2014-05-01 to 2014-07-31-476,185USD92

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-31-1,550,149USD92
2014-05-01 to 2014-07-31-570,548USD92

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-31763,050USD92
2014-05-01 to 2014-07-31564,809USD92

Depreciation, depletion and amortization

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

PeriodValueUnitDays
2015-05-01 to 2015-07-311,057USD92
2014-05-01 to 2015-04-303,848USD365
2014-05-01 to 2014-07-31896USD92

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2015-05-01 to 2015-07-31-895,381USD92
2014-05-01 to 2014-07-31-36USD92

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-3120,000USD92
2014-05-01 to 2014-07-31262,671USD92

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.

PeriodValueUnitDays
2015-05-01 to 2015-07-3124,574USD92
2014-05-01 to 2014-07-3198,606USD92

Inspect the source

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

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000318299.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))