STAF (Staffing 360 Solutions) Debt-to-Equity : -1.67 (As of Sep. 2024)

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What is Staffing 360 Solutions Debt-to-Equity?

Staffing 360 Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $20.7 Mil. Staffing 360 Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.8 Mil. Staffing 360 Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-14.6 Mil. Staffing 360 Solutions's debt to equity for the quarter that ended in Sep. 2024 was -1.67.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Staffing 360 Solutions's Debt-to-Equity or its related term are showing as below:

STAF' s Debt-to-Equity Range Over the Past 10 Years
Min: -119.34 Med: 0.68 Max: 9.02
Current: -1.67

During the past 13 years, the highest Debt-to-Equity Ratio of Staffing 360 Solutions was 9.02. The lowest was -119.34. And the median was 0.68.

STAF's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.36 vs STAF: -1.67

Staffing 360 Solutions Debt-to-Equity Historical Data

The historical data trend for Staffing 360 Solutions's Debt-to-Equity 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 Debt-to-Equity Chart

Staffing 360 Solutions Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-119.34

-3.22

0.65

1.77

-1.93

Staffing 360 Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															2.21	-1.93	-2.34	-2.02	-1.67

Competitive Comparison of Staffing 360 Solutions's Debt-to-Equity

For the Staffing & Employment Services subindustry, Staffing 360 Solutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's Debt-to-Equity falls into.

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Staffing 360 Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Staffing 360 Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.861	+	4.213)	/	-7.81
	=	-1.93

Staffing 360 Solutions's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.704	+	3.782)	/	-14.635
	=	-1.67

Staffing 360 Solutions (NAS:STAF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Staffing 360 Solutions Debt-to-Equity Related Terms

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Staffing 360 Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffing 360 Solutions Inc (NAS:STAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

757 3rd Avenue, 27th Floor, New York, NY, USA, 10017

Website

https://www.staffing360solutions.com

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