TSGL (The Staffing Group) Interest Expense: $-2.54 Mil (TTM As of Dec. 2016)


What is The Staffing Group Interest Expense?

The Staffing Group TSGL Interest Expense is $-2.54 Mil as of Dec. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Staffing Group's interest expense for the three months ended in Dec. 2016 was $ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-2.54 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. The Staffing Group's Operating Income for the three months ended in Dec. 2016 was $ -0.13 Mil. The Staffing Group's Interest Expense for the three months ended in Dec. 2016 was $ -0.26 Mil. The Staffing Group 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.

The Staffing Group  (OTCPK:TSGL) 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.

The Staffing Group's Interest Expense for the three months ended in Dec. 2016 was $-0.26 Mil. Its Operating Income for the three months ended in Dec. 2016 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $0.59 Mil.

The Staffing Group's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

The Staffing Group 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.

The Staffing Group Interest Expense Historical Data

* Premium members only.

The historical data trend for The Staffing Group'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.

The Staffing Group Interest Expense Chart

The Staffing Group Annual Data
Trend Sep12 Sep13 Dec14 Dec15 Dec16
Interest Expense
0.00 0.00 -0.01 -0.00 -2.58

The Staffing Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.00 -0.01 -1.29 -0.99 -0.26

The Staffing Group 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.54 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 $-2.54 Mil mean?
The Staffing Group (TSGL) has a Interest Expense of $-2.54 Mil as of Dec. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on The Staffing Group and its competitors.
Is The Staffing Group's Interest Expense too high?
The Staffing Group's current Interest Expense is $-2.54 Mil.
How does The Staffing Group's Interest Expense compare to competitors?
The Staffing Group's Interest Expense of $-2.54 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 The Staffing Group and its competitors. The Staffing Group's current Interest Expense is $-2.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Staffing Group stock overvalued right now?
The Staffing Group (TSGL) has a current Interest Expense of $-2.54 Mil. The current Interest Expense is $-2.54 Mil. 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 The Staffing Group (TSGL), the current Interest Expense is $-2.54 Mil as of Dec. 2016. 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.

The Staffing Group Business Description

Address 125 Townpark Drive, Suite 300, Kennesaw, GA, USA, 30144
The Staffing Group Ltd operates as a service provider, in the business of providing temporary staffing solutions. It provides general laborers to construction, light industrial, refuse, retail, and hospitality businesses and recruit, hire, train and manage skilled workers. Further, the company is executing an aggressive buy-and-build strategy through the acquisition and integration of small to medium-sized staffing businesses. Geographically the activities are carried out through the region of US, and it derives revenue when the staffing services are rendered.