Sterling Consolidated Corp
Sterling Consolidated Corp., through its subsidiaries, distributes and sells O-rings and other rubber products worldwide. The company provides rubber seals, oil seals, custom molded rubber parts, custom Teflon parts, Teflon rods, O-ring cords, bonded seals, O-ring kits, and stuffing box sealant products for automotive, pump, transmission, oil and energy, machinery, and packaging industrial applic… Read more
Sterling Consolidated Corp (STCC) - Net Assets
Latest net assets as of December 2022: $2.44 Million USD
Based on the latest financial reports, Sterling Consolidated Corp (STCC) has net assets worth $2.44 Million USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.45 Million) and total liabilities ($6.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.44 Million |
| % of Total Assets | 28.86% |
| Annual Growth Rate | 27.74% |
| 5-Year Change | 192.07% |
| 10-Year Change | 92.92% |
| Growth Volatility | 199.81 |
Sterling Consolidated Corp - Net Assets Trend (2011–2022)
This chart illustrates how Sterling Consolidated Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sterling Consolidated Corp (2011–2022)
The table below shows the annual net assets of Sterling Consolidated Corp from 2011 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $2.34 Million | +62.67% |
| 2021-12-31 | $1.44 Million | -4.98% |
| 2020-12-31 | $1.51 Million | 0.00% |
| 2019-12-31 | $1.51 Million | +88.95% |
| 2018-12-31 | $800.63K | +6.06% |
| 2017-12-31 | $754.85K | -1.86% |
| 2016-12-31 | $769.17K | -9.98% |
| 2015-12-31 | $854.46K | -38.45% |
| 2014-12-31 | $1.39 Million | +14.54% |
| 2013-12-31 | $1.21 Million | -3.81% |
| 2012-12-31 | $1.26 Million | +696.44% |
| 2011-12-31 | $158.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sterling Consolidated Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 36097500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $47.28K | 2.02% |
| Other Comprehensive Income | $93.00K | 3.98% |
| Other Components | $2.57 Million | 109.87% |
| Total Equity | $2.34 Million | 100.00% |
Sterling Consolidated Corp Competitors by Market Cap
The table below lists competitors of Sterling Consolidated Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Conn's, Inc.
NASDAQ:CONNQ
|
$1.33K |
|
Fidelity Emerging Markets Ord
LSE:FEML
|
$1.33K |
|
Evolutionary Genomics Inc
PINK:FNAM
|
$1.33K |
|
Torah Cement
EGX:TORA
|
$1.33K |
|
Block Energy PLC
LSE:BLOE
|
$1.33K |
|
TAMBANG BATUBARA-B-
MU:TBA
|
$1.33K |
|
Caffyns PLC
LSE:CFYN
|
$1.33K |
|
Bollinger Innovations, Inc.
NASDAQ:BINI
|
$1.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling Consolidated Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,437,528 to 2,338,379, a change of 900,851 (62.7%).
- Net income of 807,851 contributed positively to equity growth.
- Other comprehensive income increased equity by 93,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $807.85K | +34.55% |
| Other Comprehensive Income | $93.00K | +3.98% |
| Total Change | $- | 62.67% |
Book Value vs Market Value Analysis
This analysis compares Sterling Consolidated Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.00 | $0.00 | x |
| 2012-12-31 | $0.03 | $0.00 | x |
| 2013-12-31 | $0.03 | $0.00 | x |
| 2014-12-31 | $0.04 | $0.00 | x |
| 2016-12-31 | $0.02 | $0.00 | x |
| 2017-12-31 | $0.02 | $0.00 | x |
| 2018-12-31 | $0.02 | $0.00 | x |
| 2019-12-31 | $0.03 | $0.00 | x |
| 2020-12-31 | $0.03 | $0.00 | x |
| 2021-12-31 | $0.03 | $0.00 | x |
| 2022-12-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling Consolidated Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.73%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 2.89x
- Recent ROE (34.55%) is above the historical average (5.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 156.32% | 3.67% | 1.30x | 32.80x | $231.49K |
| 2012 | 4.75% | 1.02% | 0.97x | 4.78x | $-66.20K |
| 2013 | -8.07% | -1.58% | 0.91x | 5.62x | $-219.00K |
| 2014 | 3.11% | 0.63% | 0.99x | 4.96x | $-95.65K |
| 2015 | -60.30% | -8.05% | 1.00x | 7.48x | $-600.67K |
| 2016 | -11.09% | -1.49% | 1.04x | 7.15x | $-162.21K |
| 2017 | -70.39% | -8.23% | 1.13x | 7.56x | $-606.84K |
| 2018 | -8.33% | -0.94% | 1.27x | 6.98x | $-146.79K |
| 2019 | 14.03% | 2.21% | 1.39x | 4.57x | $60.90K |
| 2020 | 14.03% | 2.21% | 1.39x | 4.57x | $60.90K |
| 2021 | -5.24% | -0.85% | 1.40x | 4.37x | $-219.03K |
| 2022 | 34.55% | 7.73% | 1.54x | 2.89x | $574.01K |
Industry Comparison
This section compares Sterling Consolidated Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling Consolidated Corp (STCC) | $2.44 Million | 156.32% | 2.46x | $1.33K |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |