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Staffing 360 Solutions (Staffing 360 Solutions) ROE % : -208.26% (As of Sep. 2023)


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What is Staffing 360 Solutions ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Staffing 360 Solutions's annualized net income for the quarter that ended in Sep. 2023 was $-17.0 Mil. Staffing 360 Solutions's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $8.2 Mil. Therefore, Staffing 360 Solutions's annualized ROE % for the quarter that ended in Sep. 2023 was -208.26%.

The historical rank and industry rank for Staffing 360 Solutions's ROE % or its related term are showing as below:

STAF' s ROE % Range Over the Past 10 Years
Min: -5086.93   Med: -214.61   Max: 312.27
Current: -211.58

During the past 12 years, Staffing 360 Solutions's highest ROE % was 312.27%. The lowest was -5,086.93%. And the median was -214.61%.

STAF's ROE % is ranked worse than
98.46% of 1042 companies
in the Business Services industry
Industry Median: 8.685 vs STAF: -211.58

Staffing 360 Solutions ROE % Historical Data

The historical data trend for Staffing 360 Solutions's ROE % 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.

Staffing 360 Solutions ROE % Chart

Staffing 360 Solutions Annual Data
Trend May13 May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -255.69 - 312.27 -107.29

Staffing 360 Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROE % 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 21.38 -375.10 -122.09 -126.75 -208.26

Competitive Comparison of Staffing 360 Solutions's ROE %

For the Staffing & Employment Services subindustry, Staffing 360 Solutions's ROE %, along with its competitors' market caps and ROE % 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.


Staffing 360 Solutions's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's ROE % distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's ROE % falls into.



Staffing 360 Solutions ROE % Calculation

Staffing 360 Solutions's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-16.994/( (23.325+8.353)/ 2 )
=-16.994/15.839
=-107.29 %

Staffing 360 Solutions's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-17.02/( (7.811+8.534)/ 2 )
=-17.02/8.1725
=-208.26 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Staffing 360 Solutions  (NAS:STAF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-17.02/8.1725
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-17.02 / 253.868)*(253.868 / 81.6955)*(81.6955 / 8.1725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.7 %*3.1075*9.9964
=ROA %*Equity Multiplier
=-20.82 %*9.9964
=-208.26 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-17.02/8.1725
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-17.02 / -16.936) * (-16.936 / -9.388) * (-9.388 / 253.868) * (253.868 / 81.6955) * (81.6955 / 8.1725)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.005 * 1.804 * -3.7 % * 3.1075 * 9.9964
=-208.26 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Staffing 360 Solutions ROE % Related Terms

Thank you for viewing the detailed overview of Staffing 360 Solutions's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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