Staffing 360 Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Staffing 360 Solutions has a total shareholder equity of $8.5M and total debt of $33.2M, which brings its debt-to-equity ratio to 389%. Its total assets and total liabilities are $80.6M and $72.0M respectively.
Key information
389.0%
Debt to equity ratio
US$33.20m
Debt
Interest coverage ratio | n/a |
Cash | US$681.00k |
Equity | US$8.53m |
Total liabilities | US$72.02m |
Total assets | US$80.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A3DMHZ's short term assets ($27.7M) do not cover its short term liabilities ($46.7M).
Long Term Liabilities: A3DMHZ's short term assets ($27.7M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: A3DMHZ's net debt to equity ratio (381%) is considered high.
Reducing Debt: A3DMHZ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A3DMHZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: A3DMHZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.3% each year