STAFQ (Staffing 360 Solutions) Interest Expense: $-5.0 Mil (TTM As of Sep. 2024)


STAFQ Staffing 360 Solutions Inc STAFQ
12 GF Score
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What is Staffing 360 Solutions Interest Expense?

Staffing 360 Solutions STAFQ -99.00% 12 Interest Expense is $-5.0 Mil as of Sep. 2024. GuruFocus rates STAFQ with a GF Score™ of 12/100.

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. 2024 was $ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-5.0 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. 2024 was $ -1.3 Mil. Staffing 360 Solutions's Interest Expense for the three months ended in Sep. 2024 was $ -0.6 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  (OTCPK:STAFQ) 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. 2024 was $-0.6 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3.8 Mil.

Staffing 360 Solutions's Interest Coverage for the quarter that ended in Sep. 2024 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 Interest Expense Historical Data

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The historical data trend for Staffing 360 Solutions's Interest Expense 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.

Staffing 360 Solutions Interest Expense Chart

Staffing 360 Solutions Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.49 -7.80 -4.22 -3.68 -5.46

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
Interest Expense 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 -1.32 -1.80 -1.10 -1.48 -0.57
STAFQ
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Staffing 360 Solutions Inc STAFQ
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.0 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-5.0 Mil mean?
Staffing 360 Solutions (STAFQ) has a Interest Expense of $-5.0 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Staffing 360 Solutions and its competitors.
Is Staffing 360 Solutions' Interest Expense too high?
Staffing 360 Solutions' current Interest Expense is $-5.0 Mil. Overall, Staffing 360 Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Staffing 360 Solutions' Interest Expense compare to IPDN and GLXG?
Staffing 360 Solutions' Interest Expense of $-5.0 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Business Services company?
A good Interest Expense depends on the Business Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Staffing 360 Solutions and its competitors. Staffing 360 Solutions's current Interest Expense is $-5.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Staffing 360 Solutions stock overvalued right now?
Staffing 360 Solutions (STAFQ) has a current Interest Expense of $-5.0 Mil. The current Interest Expense is $-5.0 Mil. Staffing 360 Solutions' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Staffing 360 Solutions (STAFQ), the current Interest Expense is $-5.0 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Staffing 360 Solutions Business Description

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.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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