Sparta Commercial Services, Inc.
Balance Sheet
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $998 | $2.6K | $33.7K | $14.0K | $70.5K | $38.2K | $19.1K | $10.8K |
| Accounts Receivable | $3.9K | $4.1K | $7.6K | — | — | — | $162.4K | $66.4K |
| Inventory | — | — | — | — | — | — | $25.9K | $13.1K |
| Total Current Assets | $4.9K | $6.7K | $41.3K | $19.8K | $304.2K | $315.1K | $271.6K | — |
| Property, Plant & Equipment | $2.0K | $4.4K | $6.9K | $10.0K | $10.0K | $14.5K | $21.5K | $14.6K |
| Goodwill | — | — | $0 | $10.0K | $10.0K | $10.0K | $10.0K | $10.0K |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $25.4K | $100.5K | $137.7K | $143.2K | $464.4K | $424.8K | $889.7K | $1.5M |
| Liabilities | ||||||||
| Accounts Payable | $3.5M | $3.0M | $2.1M | $1.4M | $1.3M | — | — | — |
| Total Current Liabilities | $11.5M | $9.8M | $7.7M | $4.4M | $2.7M | $4.1M | $4.1M | — |
| Long-Term Debt | $4.5M | $4.3M | $3.5M | $2.6M | $2.0M | $2.0M | — | — |
| Total Liabilities | $12.0M | $10.2M | $8.2M | $6.1M | $4.4M | $4.3M | $4.3M | $4.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-60.2M | $-57.4M | $-54.8M | $-49.2M | $-44.3M | $-41.0M | $-37.3M | $-35.1M |
| Total Stockholders' Equity | $-12.9M | $-11.0M | $-8.8M | $-5.9M | $-3.9M | $-3.9M | $-3.4M | $-2.9M |