STAFQ (Staffing 360 Solutions) LT-Debt-to-Total-Asset: 0.06 (As of Sep. 2024)


STAFQ Staffing 360 Solutions Inc STAFQ
12 GF Score
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What is Staffing 360 Solutions LT-Debt-to-Total-Asset?

Staffing 360 Solutions STAFQ -99.00% 12 LT-Debt-to-Total-Asset is 0.06 as of Sep. 2024. GuruFocus rates STAFQ with a GF Score™ of 12/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Staffing 360 Solutions's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Staffing 360 Solutions's long-term debt to total assets ratio declined from Sep. 2023 (0.22) to Sep. 2024 (0.06). It may suggest that Staffing 360 Solutions is progressively becoming less dependent on debt to grow their business.


Staffing 360 Solutions  (OTCPK:STAFQ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Staffing 360 Solutions LT-Debt-to-Total-Asset Related Terms


Staffing 360 Solutions LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Staffing 360 Solutions's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Staffing 360 Solutions Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.49 0.07 0.17 0.06

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
LT-Debt-to-Total-Asset 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 0.22 0.06 0.07 0.06 0.06
STAFQ
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Staffing 360 Solutions Inc STAFQ
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Staffing 360 Solutions LT-Debt-to-Total-Asset Calculation

Staffing 360 Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=4.213/70.725
=0.06

Staffing 360 Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=3.782/62.222
=0.06

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.06 mean?
Staffing 360 Solutions (STAFQ) has a LT-Debt-to-Total-Asset of 0.06 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Staffing 360 Solutions and its competitors.
Is Staffing 360 Solutions' LT-Debt-to-Total-Asset too high?
Staffing 360 Solutions' current LT-Debt-to-Total-Asset is 0.06. 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' LT-Debt-to-Total-Asset compare to IPDN and GLXG?
Staffing 360 Solutions' LT-Debt-to-Total-Asset of 0.06 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 LT-Debt-to-Total-Asset for a Business Services company?
A good LT-Debt-to-Total-Asset depends on the Business Services industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Staffing 360 Solutions and its competitors. Staffing 360 Solutions's current LT-Debt-to-Total-Asset is 0.06. 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 LT-Debt-to-Total-Asset of 0.06. The current LT-Debt-to-Total-Asset is 0.06. 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 LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Staffing 360 Solutions (STAFQ), the current LT-Debt-to-Total-Asset is 0.06 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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