SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2015-12-21

Name: SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2015-12-21
Creator: SPARTA COMMERCIAL SERVICES, INC.

What SPARTA COMMERCIAL SERVICES, INC. reported in its quarterly report filed 2015-12-21 (fiscal Q2 2016): 31 published measures, 82 facts as tagged in accession 0001185185-15-003346.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-12-21
Fiscal period: fiscal Q2 2016
Accession: 0001185185-15-003346 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 2015-10-31	174,312	USD
At 2015-04-30	143,156	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-10-31	6,791,590	USD
At 2015-04-30	6,082,258	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-10-31	-6,617,278	USD
At 2015-04-30	-5,939,102	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 2015-10-31	9,762	USD
At 2015-04-30	14,034	USD
At 2014-10-31	9,558	USD
At 2014-04-30	70,456	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
2015-08-01 to 2015-10-31	-1,164,684	USD	92
2015-05-01 to 2015-10-31	-2,700,657	USD	184
2014-08-01 to 2014-10-31	-1,154,306	USD	92
2014-05-01 to 2014-10-31	-1,662,735	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
2015-05-01 to 2015-10-31	-1,135,084	USD	184
2014-05-01 to 2014-10-31	-1,108,713	USD	184

Capital expenditure payments

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

Period	Value	Unit	Days
2015-05-01 to 2015-10-31	0	USD	184
2014-05-01 to 2014-10-31	0	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
2015-05-01 to 2015-10-31	1,148,355	USD	184
2014-05-01 to 2014-10-31	1,039,978	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
2015-05-01 to 2015-10-31	0	USD	184
2014-05-01 to 2014-10-31	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 2015-10-31	-51,879,110	USD
At 2015-04-30	-49,178,453	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 2015-10-31	8,237	USD
At 2015-04-30	10,047	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
2015-05-01 to 2015-10-31	120,591	USD	184
2014-05-01 to 2014-10-31	204,386	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
2015-08-01 to 2015-10-31	-591,262	USD	92
2015-05-01 to 2015-10-31	-1,137,264	USD	184
2014-08-01 to 2014-10-31	-596,974	USD	92
2014-05-01 to 2014-10-31	-1,034,353	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 2015-10-31	64,217	USD
At 2015-04-30	19,750	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 2015-10-31	5,311,059	USD
At 2015-04-30	4,362,919	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 2015-10-31	10,000	USD
At 2015-04-30	10,000	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
2015-08-01 to 2015-10-31	720,954	USD	92
2015-05-01 to 2015-10-31	1,390,033	USD	184
2014-08-01 to 2014-10-31	686,578	USD	92
2014-05-01 to 2014-10-31	1,219,188	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
2015-08-01 to 2015-10-31	129,693	USD	92
2015-05-01 to 2015-10-31	252,769	USD	184
2014-08-01 to 2014-10-31	89,604	USD	92
2014-05-01 to 2014-10-31	184,834	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 2015-10-31	134,865,129	shares
At 2015-04-30	43,238,320	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 2015-10-31	44,390,665	USD
At 2015-04-30	42,528,909	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 2015-10-31	-7,336,381	USD
At 2015-04-30	-6,591,450	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 2015-10-31	213,263	USD
At 2015-04-30	213,262	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 2015-10-31	205,025	USD
At 2015-04-30	203,215	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2015-10-31	9,628	USD
At 2015-04-30	9,628	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
2015-08-01 to 2015-10-31	-1,133,913	USD	92
2015-05-01 to 2015-10-31	-2,653,075	USD	184
2014-08-01 to 2014-10-31	-1,144,922	USD	92
2014-05-01 to 2014-10-31	-1,570,586	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
2015-08-01 to 2015-10-31	-1,151,811	USD	92
2015-05-01 to 2015-10-31	-2,683,520	USD	184
2014-08-01 to 2014-10-31	-1,161,575	USD	92
2014-05-01 to 2014-10-31	-1,681,603	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
2015-08-01 to 2015-10-31	720,202	USD	92
2015-05-01 to 2015-10-31	1,388,223	USD	184
2014-08-01 to 2014-10-31	685,680	USD	92
2014-05-01 to 2014-10-31	1,217,394	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
2015-08-01 to 2015-10-31	753	USD	92
2015-05-01 to 2015-10-31	1,810	USD	184
2014-08-01 to 2014-10-31	897	USD	92
2014-05-01 to 2014-10-31	1,793	USD	184

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.

Period	Value	Unit	Days
2015-08-01 to 2015-10-31	-542,651	USD	92
2015-05-01 to 2015-10-31	-1,515,811	USD	184
2014-08-01 to 2014-10-31	-547,948	USD	92
2014-05-01 to 2014-10-31	-536,233	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
2015-05-01 to 2015-10-31	20,000	USD	184
2014-05-01 to 2014-10-31	497,478	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
2015-05-01 to 2015-10-31	52,331	USD	184
2014-05-01 to 2014-10-31	98,442	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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