STERLING CONSOLIDATED Corp: 10-Q filed 2021-09-27
What STERLING CONSOLIDATED Corp reported in its quarterly report filed 2021-09-27 (fiscal Q2 2021): 33 published measures, 90 facts as tagged in accession 0001104659-21-119704.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2021-09-27
- Fiscal period
- fiscal Q2 2021
- Accession
- 0001104659-21-119704 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All STERLING CONSOLIDATED Corp filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 5,585,935 | USD | |
| At 2020-12-31 | 6,281,473 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 3,530,559 | USD | |
| At 2020-12-31 | 4,843,945 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 2,055,376 | USD | |
| At 2020-12-31 | 1,437,528 | USD | |
| At 2020-06-30 | 1,489,493 | USD | |
| At 2019-12-31 | 1,512,807 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 206,911 | USD | |
| At 2020-12-31 | 171,818 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 459,756 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 617,848 | USD | 181 |
| 2020-04-01 to 2020-06-30 | -245,820 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -23,314 | USD | 182 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 194,729 | USD | 181 |
| 2020-01-01 to 2020-06-30 | 5,512 | USD | 182 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 2,651,885 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 4,998,239 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 2,157,473 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 4,553,127 | USD | 182 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | -872,136 | USD | 181 |
| 2020-01-01 to 2020-06-30 | -66,033 | USD | 182 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 712,500 | USD | 181 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | -561,158 | USD | |
| At 2020-12-31 | -1,179,006 | USD |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 51,978 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 113,458 | USD | 181 |
| 2020-04-01 to 2020-06-30 | -106,502 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -10,255 | USD | 182 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 916,654 | USD | |
| At 2020-12-31 | 1,448,071 | USD |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 219,718 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 247,983 | USD | 181 |
| 2020-04-01 to 2020-06-30 | -313,972 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 63,803 | USD | 182 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 4,372,648 | USD | |
| At 2020-12-31 | 4,416,311 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 37,065 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 74,070 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 41,331 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 93,335 | USD | 182 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 1,220,282 | USD | |
| At 2020-12-31 | 2,255,383 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 1,477,160 | USD | |
| At 2020-12-31 | 1,177,928 | USD |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 380,369 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 923,204 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 473,774 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 917,134 | USD | 182 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 2,609,902 | USD | |
| At 2020-12-31 | 3,045,718 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 600,087 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 1,171,187 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 159,802 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 980,937 | USD | 182 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 47,284,689 | shares | |
| At 2020-12-31 | 47,284,689 | shares |
Cash including restricted cash
Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 206,911 | USD | |
| At 2020-12-31 | 171,818 | USD | |
| At 2020-06-30 | 45,827 | USD | |
| At 2019-12-31 | 106,348 | USD |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-06-30 | 2,569,249 | USD | |
| At 2020-12-31 | 2,569,249 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 511,734 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 731,306 | USD | 181 |
| 2020-04-01 to 2020-06-30 | -352,322 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -33,569 | USD | 182 |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 617,848 | USD | 181 |
| 2020-01-01 to 2020-06-30 | -23,314 | USD | 182 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 295,461 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 761,164 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 457,874 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 825,877 | USD | 182 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 51,247 | USD | 181 |
| 2020-01-01 to 2020-06-30 | 64,248 | USD | 182 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 2,981 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 5,963 | USD | 181 |
| 2020-04-01 to 2020-06-30 | 2,981 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 5,963 | USD | 182 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-04-01 to 2021-06-30 | 292,016 | USD | 91 |
| 2021-01-01 to 2021-06-30 | 483,323 | USD | 181 |
| 2020-04-01 to 2020-06-30 | -38,350 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -97,372 | USD | 182 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 74,070 | USD | 181 |
| 2020-01-01 to 2020-06-30 | 93,335 | USD | 182 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | 1,338 | USD | 182 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | 299,232 | USD | 181 |
| 2020-01-01 to 2020-06-30 | -111,683 | USD | 182 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-06-30 | -435,816 | USD | 181 |
| 2020-01-01 to 2020-06-30 | -393,517 | USD | 182 |
Inspect the source
- Entity
- STERLING CONSOLIDATED Corp / CIK 0001555972
- Captured
- SEC response SHA-256
9edf98ca646f560cce6269b7b2d32fb43e02018ad9ff2dff2b02a6cf310517a8
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001555972.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))