Staffing 360 Solutions (STU:28S) EBIT : €-10.4 Mil (TTM As of Dec. 2023)

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What is Staffing 360 Solutions EBIT?

Staffing 360 Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €-5.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-10.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Staffing 360 Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was -29.26%. Staffing 360 Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -311.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Staffing 360 Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -69.66%.

Staffing 360 Solutions EBIT Historical Data

The historical data trend for Staffing 360 Solutions's EBIT 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 EBIT Chart

Staffing 360 Solutions Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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2.93

-6.53

10.63

-0.98

-10.33

Staffing 360 Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															-0.55	-1.28	-1.31	-2.42	-5.40

Competitive Comparison of Staffing 360 Solutions's EBIT

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

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

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

Staffing 360 Solutions EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10.4 Mil.

Staffing 360 Solutions (STU:28S) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Staffing 360 Solutions's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-23.032 * ( 1 - -3.48% )	/	( (75.158	+	87.773)	/ 2 )
=	-23.8335136	/	81.4655
=	-29.26 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	75.48	-	18.153	-	( 0.638	-	max(0, 43.764	-	25.933	+	0.638	))
=	75.158

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	64.855	-	18.731	-	( 0.661	-	max(0, 67.967	-	26.318	+	0.661	))
=	87.773

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Staffing 360 Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-21.608	/	( ( (8.962 + max(-17.254, 0))	+	(4.905 + max(-32.35, 0)) )	/	2 )
=	-21.608	/	( ( 8.962	+	4.905 )	/	2 )
=	-21.608	/	6.9335
=	-311.65 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(23.633	+	0	+	1.662)	-	(18.153	+	0	+	24.396)
=	-17.254

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(16.307	+	0	+	9.35)	-	(18.731	+	0	+	39.276)
=	-32.35

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Staffing 360 Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-10.41	/	14.945
	=	-69.66 %

Staffing 360 Solutions EBIT Related Terms

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Staffing 360 Solutions (STU:28S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffing 360 Solutions Inc (STU:28S) » Definitions » EBIT

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Traded in Other Exchanges

STAF:USA

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.

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