Sparton Resources Inc.

OTCPK:SPNR.F Stock Report

Market Cap: US$4.8m

Sparton Resources Balance Sheet Health

Financial Health criteria checks 3/6

Sparton Resources has a total shareholder equity of CA$1.3M and total debt of CA$228.2K, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CA$1.8M and CA$475.2K respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesCA$475.25k
Total assetsCA$1.81m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SPNR.F's short term assets (CA$234.4K) do not cover its short term liabilities (CA$475.2K).

Long Term Liabilities: SPNR.F has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: SPNR.F's net debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: SPNR.F's debt to equity ratio has reduced from 29.3% to 17.1% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SPNR.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SPNR.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.4% each year.

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