TSGL (The Staffing Group) LT-Debt-to-Total-Asset: 0.30 (As of Dec. 2016)


What is The Staffing Group LT-Debt-to-Total-Asset?

The Staffing Group TSGL LT-Debt-to-Total-Asset is 0.30 as of Dec. 2016.

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. The Staffing Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2016 was 0.30.

The Staffing Group's long-term debt to total assets ratio increased from Dec. 2015 (0.00) to Dec. 2016 (0.30). It may suggest that The Staffing Group is progressively becoming more dependent on debt to grow their business.

The Staffing Group  (OTCPK:TSGL) 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.

The Staffing Group LT-Debt-to-Total-Asset Related Terms

The Staffing Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for The Staffing Group'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.

The Staffing Group LT-Debt-to-Total-Asset Chart

The Staffing Group Annual Data
Trend Sep12 Sep13 Dec14 Dec15 Dec16
LT-Debt-to-Total-Asset
0.00 0.00 0.00 0.00 0.30

The Staffing Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.00 0.00 0.16 0.00 0.30

The Staffing Group LT-Debt-to-Total-Asset Calculation

The Staffing Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )/Total Assets (A: Dec. 2016 )
=0.591/1.953
=0.30

The Staffing Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (Q: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2016 )/Total Assets (Q: Dec. 2016 )
=0.591/1.953
=0.30

* 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 0.30 mean?
The Staffing Group (TSGL) has a LT-Debt-to-Total-Asset of 0.30 as of Dec. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on The Staffing Group and its competitors.
Is The Staffing Group's LT-Debt-to-Total-Asset too high?
The Staffing Group's current LT-Debt-to-Total-Asset is 0.30.
How does The Staffing Group's LT-Debt-to-Total-Asset compare to competitors?
The Staffing Group's LT-Debt-to-Total-Asset of 0.30 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 The Staffing Group and its competitors. The Staffing Group's current LT-Debt-to-Total-Asset is 0.30. 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 LT-Debt-to-Total-Asset of 0.30. The current LT-Debt-to-Total-Asset is 0.30. 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 The Staffing Group (TSGL), the current LT-Debt-to-Total-Asset is 0.30 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.