TSGL (The Staffing Group) Other Current Assets: $0.00 Mil (As of Dec. 2016)


What is The Staffing Group Other Current Assets?

The Staffing Group TSGL Other Current Assets is $0.00 Mil as of Dec. 2016.

The Staffing Group's other current assets for the quarter that ended in Dec. 2016 was $0.00 Mil.

The Staffing Group's quarterly other current assets declined from Jun. 2016 ($0.08 Mil) to Sep. 2016 ($0.02 Mil) and declined from Sep. 2016 ($0.02 Mil) to Dec. 2016 ($0.00Mil).

The Staffing Group's annual other current assets declined from Dec. 2014 ($1.79 Mil) to Dec. 2015 ($0.00 Mil) increased from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).


The Staffing Group Other Current Assets Related Terms


The Staffing Group Other Current Assets Historical Data

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The historical data trend for The Staffing Group's Other Current Assets 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 Other Current Assets Chart

The Staffing Group Annual Data
Trend Sep12 Sep13 Dec14 Dec15 Dec16
Other Current Assets
0.00 0.00 1.79 0.00 0.00

The Staffing Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Other Current Assets 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 0.08 0.02 0.00

The Staffing Group Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $0.00 Mil mean?
The Staffing Group (TSGL) has a Other Current Assets of $0.00 Mil as of Dec. 2016. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on The Staffing Group.
Is The Staffing Group's Other Current Assets too high?
The Staffing Group's current Other Current Assets is $0.00 Mil.
How does The Staffing Group's Other Current Assets compare to competitors?
The Staffing Group's Other Current Assets of $0.00 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 Other Current Assets for a Business Services company?
A good Other Current Assets depends on the Business Services industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on The Staffing Group. The Staffing Group's current Other Current Assets is $0.00 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 Other Current Assets of $0.00 Mil. The current Other Current Assets is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For The Staffing Group (TSGL), the current Other Current Assets is $0.00 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.