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Sterling Consolidated (Sterling Consolidated) Scaled Net Operating Assets : 0.63 (As of Sep. 2022)


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What is Sterling Consolidated Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sterling Consolidated's operating assets for the quarter that ended in Sep. 2022 was $8.33 Mil. Sterling Consolidated's operating liabilities for the quarter that ended in Sep. 2022 was $3.11 Mil. Sterling Consolidated's Total Assets for the quarter that ended in Jun. 2022 was $8.27 Mil. Therefore, Sterling Consolidated's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was 0.63.


Sterling Consolidated Scaled Net Operating Assets Historical Data

The historical data trend for Sterling Consolidated's Scaled Net Operating 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.

* Premium members only.

Sterling Consolidated Scaled Net Operating Assets Chart

Sterling Consolidated Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.75 0.98 0.73 0.75

Sterling Consolidated Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Scaled Net Operating 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 0.95 0.74 0.74 0.69 0.63

Competitive Comparison of Sterling Consolidated's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Sterling Consolidated's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sterling Consolidated's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sterling Consolidated's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sterling Consolidated's Scaled Net Operating Assets falls into.



Sterling Consolidated Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sterling Consolidated's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(6.194-1.472)/6.281
=0.75

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.763 - 0.569
=6.194

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.425 - 2.459 - 0.494
=1.472

Sterling Consolidated's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(8.333-3.112)/8.267
=0.63

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.451 - 0.118
=8.333

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.012 - 1.915 - 0.985
=3.112

* 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 Scaled Net Operating Assets Related Terms

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Sterling Consolidated (Sterling Consolidated) Business Description

Traded in Other Exchanges
N/A
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 most of its revenues through the sale of O-rings and rubber seal products in the US.
Executives
Darren Derosa director, 10 percent owner, officer: Chief Executive Officer 1105 GREEN GROVE ROAD, NEPTUNE NJ 07753