STCC (Sterling Consolidated) Tax Rate %: 20.88% (As of Sep. 2022)


What is Sterling Consolidated Tax Rate %?

Sterling Consolidated STCC Tax Rate % is 20.88% as of Sep. 2022.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sterling Consolidated's Tax Expense for the three months ended in Sep. 2022 was $-0.02 Mil. Sterling Consolidated's Pre-Tax Income for the three months ended in Sep. 2022 was $-0.09 Mil. Therefore, Sterling Consolidated's Tax Rate % for the quarter that ended in Sep. 2022 was 20.88%.

Sterling Consolidated Tax Rate % Related Terms

Sterling Consolidated Tax Rate % Historical Data

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The historical data trend for Sterling Consolidated's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sterling Consolidated Tax Rate % Chart

Sterling Consolidated Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.28 142.68 1.39 -240.91 17.55

Sterling Consolidated Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.41 217.14 27.45 20.47 20.88

Sterling Consolidated Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Sterling Consolidated's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0.172/0.98
=17.55 %

Sterling Consolidated's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=-0.019/-0.091
=20.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 20.88% mean?
Sterling Consolidated (STCC) has a Tax Rate % of 20.88% as of Sep. 2022.
Is Sterling Consolidated's Tax Rate % too high?
Sterling Consolidated's current Tax Rate % is 20.88%.
How does Sterling Consolidated's Tax Rate % compare to AMTY and OMTK?
Sterling Consolidated's Tax Rate % of 20.88% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Sterling Consolidated's current Tax Rate % is 20.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Consolidated stock overvalued right now?
Sterling Consolidated (STCC) has a current Tax Rate % of 20.88%. The current Tax Rate % is 20.88%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Sterling Consolidated (STCC), the current Tax Rate % is 20.88% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sterling Consolidated Business Description

Address 1105 Green Grove Road, Neptune, NJ, USA, 07753
Sterling Consolidated Corp is engaged in the distribution and sale of O-rings used for sealing purposes. It also distributes rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits, and stuffing box sealantsbna. These are used in different industries such as automotive, pump, transmissions, oil and energy, machinery, and packaging. It is mainly used as seals to prevent leakage of liquids or air. The company generates its key revenues through the sale of O-rings and rubber seal products in the USA.