What is Staffing 360 Solutions Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Staffing 360 Solutions's interest expense for the
three
months ended in Sep. 2023 was $ -1.7 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.0 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Staffing 360 Solutions's Operating Income for the
three
months ended in Sep. 2023 was $ -2.3 Mil. Staffing 360 Solutions's Interest Expense for the
three
months ended in Sep. 2023 was $ -1.7 Mil.
Staffing 360 Solutions did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Staffing 360 Solutions Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.0 Mil.
* 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.
Staffing 360 Solutions (NAS:STAF) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Staffing 360 Solutions's Interest Expense for the
three
months ended in Sep. 2023 was $-1.7 Mil. Its
Operating Income
for the
three
months ended in Sep. 2023 was $-2.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2023 was $17.5 Mil.
Staffing 360 Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as
| Staffing 360 Solutions did not have earnings to cover the interest expense. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Staffing 360 Solutions (Staffing 360 Solutions) Business Description
Traded in Other Exchanges
Address
757 3rd Avenue, 27th Floor, New York, NY, USA, 10017
Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.
Executives
| Anil Kumar Sharma |
10 percent owner |
24 HAYHURST DRIVE, NEWTOWN PA 18940 |
| Satvinder Singh |
10 percent owner |
24 HAYHURST DRIVE, NEWTOWN PA 18940 |
| Rscube Investment, Llc |
10 percent owner |
24 HAYHURST DRIVE, NEWTOWN PA 18940 |
| Vincent J Cebula |
director |
1301 AVENUE OF THE AMERICAS, 34 TH FLOOR, NEW YORK NY 10019 |
| Brendan Flood |
director |
|
| M Khalid Anwar |
officer: SVP, Corporate Finance |
641 LEXINGTON AVE, NEW YORK NY 10022 |
| Mark Gibbens |
officer: CFO |
245 FREIGHT STREET, WATERBURY CT 06702 |
| Chris Powers |
officer: Interim CFO |
641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022 |
| Sharnika Viswakula |
officer: Corporate Controller |
641 LEXINGTON AVENUE, 27TH FLOOR, C/O STAFFING 360 SOLUTIONS, INC., NEW YORK NY 10022 |
| Jackson Investment Group, Llc |
10 percent owner |
2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009 |
| Richard Lee Jackson |
10 percent owner |
2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009 |
| Alicia Barker |
director |
C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022 |
| Christopher John Lutzo |
officer: General Counsel and Secretary |
355 SUBURBAN AVENUE, FAIRFIELD CT 06825 |
| David Faiman |
officer: Chief Financial Officer |
93 GEORGETOWN ROAD, WESTON CT 06883 |
| Nicholas Florio |
director |
C/O STAFFING 360, 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022 |
Staffing 360 Solutions (Staffing 360 Solutions) Headlines
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