STAFQ (Staffing 360 Solutions) Total Assets: $62.2 Mil (As of Sep. 2024)


STAFQ Staffing 360 Solutions Inc STAFQ
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What is Staffing 360 Solutions Total Assets?

Staffing 360 Solutions STAFQ -99.00% 12 Total Assets is $62.2 Mil as of Sep. 2024. GuruFocus rates STAFQ with a GF Score™ of 12/100.

Staffing 360 Solutions's Total Assets for the quarter that ended in Sep. 2024 was $62.2 Mil.

Total Assets is connected with ROA %. Staffing 360 Solutions's annualized ROA % for the quarter that ended in Sep. 2024 was -18.11%. Total Assets is also linked to Revenue through Asset Turnover. Staffing 360 Solutions's Asset Turnover for the quarter that ended in Sep. 2024 was 0.73.

Staffing 360 Solutions  (OTCPK:STAFQ) Total Assets Explanation

Total Assets is connected with ROA %.

Staffing 360 Solutions's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-11.376/( (63.444+62.222)/ 2 )
=-11.376/62.833
=-18.11 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Staffing 360 Solutions's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=46.098/( (63.444+62.222)/ 2 )
=46.098/62.833
=0.73

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Staffing 360 Solutions Total Assets Related Terms

Staffing 360 Solutions Total Assets Historical Data

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The historical data trend for Staffing 360 Solutions's Total 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.

Staffing 360 Solutions Total Assets Chart

Staffing 360 Solutions Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.84 86.88 73.69 81.66 70.73

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
Total 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 Premium Member Only Premium Member Only 80.56 70.73 62.16 63.44 62.22
STAFQ
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Staffing 360 Solutions Inc STAFQ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Staffing 360 Solutions Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Staffing 360 Solutions's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-7.81+78.535
=70.7

Staffing 360 Solutions's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-14.635+76.857
=62.2

* 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 Total Assets →
What does a Total Assets of $62.2 Mil mean?
Staffing 360 Solutions (STAFQ) has a Total Assets of $62.2 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Staffing 360 Solutions and its competitors.
Is Staffing 360 Solutions' Total Assets too high?
Staffing 360 Solutions' current Total Assets is $62.2 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' Total Assets compare to IPDN and GLXG?
Staffing 360 Solutions' Total Assets of $62.2 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 Total Assets for a Business Services company?
A good Total Assets depends on the Business Services industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Staffing 360 Solutions and its competitors. Staffing 360 Solutions's current Total Assets is $62.2 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 Total Assets of $62.2 Mil. The current Total Assets is $62.2 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Staffing 360 Solutions (STAFQ), the current Total Assets is $62.2 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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