Sparta Capital Stock Piotroski F Score

SAY Stock  CAD 0.02  0.00  0.00%   
This module uses fundamental data of Sparta Capital to approximate its Piotroski F score. Sparta Capital F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Sparta Capital. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Sparta Capital financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparta Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Sparta Capital's Net Debt is fairly stable compared to the past year. Short and Long Term Debt is likely to climb to about 2.1 M in 2024, whereas Debt To Equity is likely to drop (3.08) in 2024. At this time, Sparta Capital's ROE is fairly stable compared to the past year. Net Debt To EBITDA is likely to climb to 2.66 in 2024, whereas PTB Ratio is likely to drop (9.98) in 2024.
At this time, it appears that Sparta Capital's Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Inapplicable
Current Return On Assets

Negative

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Sparta Capital Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Sparta Capital is to make sure Sparta is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Sparta Capital's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Sparta Capital's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover4.844.61
Sufficiently Up
Slightly volatile
Gross Profit Margin0.510.5666
Moderately Down
Pretty Stable
Net Debt1.7 M1.1 M
Way Up
Pretty Stable
Total Current Liabilities3.1 M2.3 M
Significantly Up
Slightly volatile
Total Assets2.7 M1.7 M
Way Up
Very volatile
Total Current Assets1.4 M1.4 M
Fairly Up
Pretty Stable

Sparta Capital F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Sparta Capital's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Sparta Capital in a much-optimized way.

About Sparta Capital Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

(0.006095)

At this time, Sparta Capital's Book Value Per Share is fairly stable compared to the past year.

Sparta Capital Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sparta Capital from analyzing Sparta Capital's financial statements. These drivers represent accounts that assess Sparta Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sparta Capital's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap9.3M16.6M6.4M6.8M6.1M4.2M
Enterprise Value11.6M18.5M8.9M8.2M7.4M4.7M

About Sparta Capital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sparta Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparta Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparta Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Sparta Stock Analysis

When running Sparta Capital's price analysis, check to measure Sparta Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sparta Capital is operating at the current time. Most of Sparta Capital's value examination focuses on studying past and present price action to predict the probability of Sparta Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparta Capital's price. Additionally, you may evaluate how the addition of Sparta Capital to your portfolios can decrease your overall portfolio volatility.