STCC (Sterling Consolidated) Total Assets: $8.45 Mil (As of Sep. 2022)


What is Sterling Consolidated Total Assets?

Sterling Consolidated STCC Total Assets is $8.45 Mil as of Sep. 2022.

Sterling Consolidated's Total Assets for the quarter that ended in Sep. 2022 was $8.45 Mil.

Total Assets is connected with ROA %. Sterling Consolidated's annualized ROA % for the quarter that ended in Sep. 2022 was -3.45%. Total Assets is also linked to Revenue through Asset Turnover. Sterling Consolidated's Asset Turnover for the quarter that ended in Sep. 2022 was 0.57.

Sterling Consolidated  (OTCPK:STCC) Total Assets Explanation

Total Assets is connected with ROA %.

Sterling Consolidated's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.288/( (8.267+8.451)/ 2 )
=-0.288/8.359
=-3.45 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sterling Consolidated's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=4.728/( (8.267+8.451)/ 2 )
=4.728/8.359
=0.57

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sterling Consolidated Total Assets Related Terms

Sterling Consolidated Total Assets Historical Data

* Premium members only.

The historical data trend for Sterling Consolidated's Total Assets 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 Total Assets Chart

Sterling Consolidated Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 5.59 6.91 6.28 6.76

Sterling Consolidated Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets 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 6.39 6.76 7.21 8.27 8.45

Sterling Consolidated Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sterling Consolidated's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=2.338+4.425
=6.76

Sterling Consolidated's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=2.439+6.012
=8.45

* 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 Total Assets →
What does a Total Assets of $8.45 Mil mean?
Sterling Consolidated (STCC) has a Total Assets of $8.45 Mil as of Sep. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Sterling Consolidated and its competitors.
Is Sterling Consolidated's Total Assets too high?
Sterling Consolidated's current Total Assets is $8.45 Mil.
How does Sterling Consolidated's Total Assets compare to AMTY and OMTK?
Sterling Consolidated's Total Assets of $8.45 Mil 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 Total Assets for a Chemicals company?
A good Total Assets depends on the Chemicals industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Sterling Consolidated and its competitors. Sterling Consolidated's current Total Assets is $8.45 Mil. 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 Total Assets of $8.45 Mil. The current Total Assets is $8.45 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Sterling Consolidated (STCC), the current Total Assets is $8.45 Mil 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.