Company research
STERLING CONSOLIDATED Corp
CIK 1555972Updated Sep 27, 2026
SecuritySTCC · OTC · equity
STCC price & chart
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Recent filings
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Financials
FY 2021 · USDSource
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balance sheet · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,763,242Source | 6,281,473Source | 6,908,208Source | 5,587,375Source |
| Property, Plant and Equipment, NetUSD | 918,115Source | 1,448,071Source | 1,536,519Source | 1,631,614Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 569,281Source | 171,818Source | 106,348Source | 32,034Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,474,570Source | 1,177,928Source | 1,384,439Source | 942,683Source |
| Inventory, NetUSD | 3,352,663Source | 3,045,718Source | 3,337,843Source | 2,560,136Source |
| Assets, CurrentUSD | 5,568,188Source | 4,416,311Source | 4,892,212Source | 3,577,336Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,424,863Source | 4,843,945Source | 5,395,401Source | 4,786,748Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Common Stock, Value, IssuedUSD | 47,285Source | 47,285Source | 47,285Source | 41,966Source |
| Additional Paid in CapitalUSD | 2,569,249Source | 2,569,249Source | 2,569,249Source | 2,074,568Source |
| Retained Earnings (Accumulated Deficit)USD | -371,155Source | -1,179,006Source | -1,103,727Source | -1,315,907Source |
| Stockholders' Equity Attributable to ParentUSD | 2,338,379Source | 1,437,528Source | 1,512,807Source | 800,627Source |
| Liabilities and EquityUSD | 6,763,242Source | 6,281,473Source | 6,908,208Source | 5,587,375Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,965,976Source | 2,255,383Source | 2,582,540Source | 3,110,901Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | 123,090Source |
cash flow · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 807,851Source | — | 212,180Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 56,786Source | 102,448Source | 110,716Source | 116,206Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 0Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 296,642Source | -206,511Source | 129,338Source | 185,769Source |
| Increase (Decrease) in InventoriesUSD | 306,945Source | -292,125Source | 159,313Source | 54,961Source |
| Deferred Income Tax Expense (Benefit)USD | 126,152Source | 48,386Source | 64,673Source | 180,007Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 202,150Source | 317,889Source | -85,962Source | 102,510Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 380,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 712,500Source | — | -380,000Source | 0Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -517,187Source | -252,419Source | 540,276Source | -107,364Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 569,281Source | 171,818Source | 106,348Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 144,345Source | 162,891Source | 194,291Source | 138,341Source |
| Income Taxes Paid, NetUSD | — | 1,338Source | 2,191Source | 2,191Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 14,000Source | 14,000Source | 13,621Source | 17,102Source |
| DepreciationUSD | 42,786Source | 88,488Source | 0Source | 99,104Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | 2,176Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | — | -20,498Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | 0Source |
| General and Administrative ExpenseUSD | 1,884,921Source | 1,578,269Source | 1,621,203Source | 1,495,767Source |
| Income Tax Expense (Benefit)USD | 172,159Source | 52,939Source | 3,456Source | 224,061Source |
| Net Income (Loss) Attributable to ParentUSD | 807,851Source | -75,279Source | 212,180Source | -66,726Source |
| Nonoperating Income (Expense)USD | 419,013Source | -160,963Source | -216,747Source | -152,140Source |
| Operating ExpensesUSD | 2,176,690Source | 1,896,073Source | 1,802,453Source | 1,846,624Source |
| Other Nonoperating Income (Expense)USD | 11,928Source | 11,928Source | -22,456Source | 4,523Source |
income statement · annual statements
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Total RevenueUSD | 10,444,631Source | 8,814,102Source | 9,598,637Source | 7,110,522Source |
| Cost of RevenueUSD | 7,706,944Source | 6,779,406Source | 7,363,801Source | 4,954,423Source |
| Operating Income (Loss)USD | 560,997Source | 138,623Source | 432,383Source | 309,475Source |
| Other Nonoperating Income (Expense)USD | 11,928Source | 11,928Source | -22,456Source | 4,523Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 980,010Source | -22,340Source | 215,636Source | 157,335Source |
| Income Tax Expense (Benefit)USD | 172,159Source | 52,939Source | 3,456Source | 224,061Source |
| Net Income (Loss) Attributable to ParentUSD | 807,851Source | -75,279Source | 212,180Source | -66,726Source |
| Earnings Per Share, BasicUSD per share | 0.02Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | 0.01Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 47,284,689Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 57,584,689Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 14,000Source | 14,000Source | 13,621Source | 17,102Source |
| Current Income Tax Expense (Benefit)USD | 46,007Source | 4,553Source | -61,217Source | 44,054Source |
| General and Administrative ExpenseUSD | 1,884,921Source | 1,578,269Source | 1,621,203Source | 1,495,767Source |
| Gross ProfitUSD | 2,737,687Source | 2,034,696Source | 2,234,836Source | 2,156,099Source |
| Interest ExpenseUSD | 144,345Source | 162,891Source | 194,291Source | 138,341Source |
| Interest Expense, DebtUSD | 80,982Source | 0Source | 550Source | 46,918Source |
| Nonoperating Income (Expense)USD | 419,013Source | -160,963Source | -216,747Source | -152,140Source |
| Operating ExpensesUSD | 2,176,690Source | 1,896,073Source | 1,802,453Source | 1,846,624Source |
| Research and Development ExpenseUSD | — | — | 26,000Source | 112,500Source |
| Selling and Marketing ExpenseUSD | — | 317,804Source | 155,250Source | 238,357Source |