Sterling Check Corp
Sterling Check Corp. provides technology-enabled background and identity verification services in the United States, Canada, Europe, the Middle East and Africa, and the Asia Pacific. The company offers identity verification services, such as telecom and device verification, identification document verification, facial recognition with biometric matching, social security number verification, and l… Read more
Sterling Check Corp (STER) - Total Assets
Latest total assets as of June 2024: $1.46 Billion USD
Based on the latest financial reports, Sterling Check Corp (STER) holds total assets worth $1.46 Billion USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sterling Check Corp - Total Assets Trend (2019–2023)
This chart illustrates how Sterling Check Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sterling Check Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Sterling Check Corp's total assets of $1.46 Billion consist of 16.2% current assets and 83.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $145.12 Million | 10.6% |
| Inventory | $-1.19 Million | -0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $230.21 Million | 16.9% |
| Goodwill | $879.41 Million | 64.5% |
Asset Composition Trend (2019–2023)
This chart illustrates how Sterling Check Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sterling Check Corp's current assets represent 16.2% of total assets in 2023, an increase from 11.7% in 2019.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2023, up from 3.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 80.0% of total assets, a decrease from 85.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 64.5% of total assets.
Sterling Check Corp Competitors by Total Assets
Key competitors of Sterling Check Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Sterling Check Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Sterling Check Corp generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sterling Check Corp is currently not profitable relative to its asset base.
Sterling Check Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.60 | 1.80 | 1.89 |
| Quick Ratio | 1.60 | 1.71 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $103.55 Million | $ 106.97 Million | $ 76.89 Million |
Sterling Check Corp - Advanced Valuation Insights
This section examines the relationship between Sterling Check Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.23 |
| Latest Market Cap to Assets Ratio | 1.03 |
| Asset Growth Rate (YoY) | -3.1% |
| Total Assets | $1.36 Billion |
| Market Capitalization | $1.41 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Sterling Check Corp's assets above their book value (1.03 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Sterling Check Corp's assets decreased by 3.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sterling Check Corp (2019–2023)
The table below shows the annual total assets of Sterling Check Corp from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.36 Billion | -3.11% |
| 2022-12-31 | $1.41 Billion | +2.55% |
| 2021-12-31 | $1.37 Billion | +4.27% |
| 2020-12-31 | $1.32 Billion | -5.37% |
| 2019-12-31 | $1.39 Billion | -- |