Sparta Commercial Services Inc (SRCO) financial statements (2021 and earlier)

Company profile

Business Address 555 FIFTH AVENUE
NEW YORK, NY 10017
State of Incorp.
Fiscal Year End April 30
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0 00000
Cash and cash equivalents0 00000
Receivables00000  
Inventory, net of allowances, customer advances and progress billings000    
Inventory000    
Other current assets000   0
Other undisclosed current assets     00
Total current assets:0000000
Noncurrent Assets
Property, plant and equipment(0) 00000
Intangible assets, net (including goodwill)      0
Goodwill      0
Deposits noncurrent assets0000000
Other noncurrent assets0000000
Other undisclosed noncurrent assets0      
Total noncurrent assets:0000000
Other undisclosed assets      0
TOTAL ASSETS:0000000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3344321
Other undisclosed accounts payable and accrued liabilities3344321
Deferred revenue00000
Debt5544431
Derivative instruments and hedges, liabilities4334322
Deferred revenue and credits  0 
Other undisclosed current liabilities0      
Total current liabilities:121112121084
Noncurrent Liabilities
Long-term debt and lease obligation     01
Long-term debt, excluding current maturities     01
Liabilities, other than long-term debt0000000
Due to related parties0000000
Total noncurrent liabilities:0000002
Other undisclosed liabilities 000000
Total liabilities:131212121086
Stockholders' equity
Stockholders' equity attributable to parent, including:(14)(13)(13)(13)(11)(8)(6)
Preferred stock    0  
Common stock1111100
Common stock, share subscribed but unissued, subscriptions receivable(0)(0)(0)(0)(0)(0)(0)
Additional paid in capital51494847464543
Accumulated deficit(65)(63)(62)(60)(57)(55)(49)
Other undisclosed stockholders' equity attributable to parent0000011
Stockholders' equity attributable to noncontrolling interest11111 1
Other undisclosed stockholders' equity     (1)(1)
Total stockholders' equity:(13)(12)(12)(12)(10)(9)(7)
Other undisclosed liabilities and equity     11
TOTAL LIABILITIES AND EQUITY:0000000

Income statement (P&L) ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
Revenues0000111
Revenue, net  11
Cost of revenue
(Cost of Goods and Services Sold)
(0)(0)(0)(0)(0)(0)(0)
Other undisclosed gross profit      (0)
Gross profit:0000010
Operating expenses(1)(1)(1)(1)(1)(3)(3)
Operating loss:(1)(1)(1)(1)(1)(2)(3)
Nonoperating income (expense)(2)(0)122(3)(2)
Other nonoperating income (expense)0(0)(0)(0)(0)  
Interest and debt expense(0)(1)(2)(1)(1)(1)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(3)(1)(2)0(0)(6)(5)
Other undisclosed income from continuing operations before income taxes     10
Income (loss) from continuing operations before income taxes:(3)(1)(2)0(0)(6)(5)
Other undisclosed income (loss) from continuing operations110(3)(2)  
Loss from continuing operations:(2)(1)(2)(3)(3)(6)(5)
Income (loss) from discontinued operations  0(0)(0)(0)(0)
Loss before gain (loss) on sale of properties:(2)(1)(2)(3)(3)(6)(5)
Other undisclosed net income (loss)0 (0)   (0)
Net loss:(2)(1)(2)(3)(3)(6)(5)
Net income (loss) attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)0
Other undisclosed net income (loss) attributable to parent(0)(0)(0)0 (0)(0)
Net loss attributable to parent:(2)(1)(2)(3)(3)(6)(5)
Preferred stock dividends and other adjustments(0)(0)(0)(0)(0)(0)(0)
Other undisclosed net loss available to common stockholders, basic   (0)   
Net loss available to common stockholders, diluted:(2)(1)(2)(3)(3)(6)(5)

Comprehensive Income ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
Net loss:(2)(1)(2)(3)(3)(6)(5)
Comprehensive loss:(2)(1)(2)(3)(3)(6)(5)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)(0)(0)(0)(0)0
Comprehensive loss, net of tax, attributable to parent:(2)(1)(2)(3)(3)(6)(5)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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