Staffing 360 Solutions Balance Sheet Health
Financial Health criteria checks 0/6
Staffing 360 Solutions has a total shareholder equity of $-14.6M and total debt of $36.5M, which brings its debt-to-equity ratio to -249.2%. Its total assets and total liabilities are $62.2M and $76.9M respectively.
Key information
-249.2%
Debt to equity ratio
US$36.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.50m |
| Equity | -US$14.63m |
| Total liabilities | US$76.86m |
| Total assets | US$62.22m |
Recent financial health updates
Recent updates
Staffing 360 Solutions GAAP EPS of -$1.29 misses by $0.97, revenue of $59.1M misses by $1.46M
Aug 23Staffing 360 Solutions to raise $4M in direct stock offering
Jul 01What Does Staffing 360 Solutions, Inc.'s (NASDAQ:STAF) Share Price Indicate?
Mar 25
Why Staffing 360 Solutions' (NASDAQ:STAF) Healthy Earnings Aren’t As Good As They Seem
Nov 23Shareholders May Find It Hard To Justify Increasing Staffing 360 Solutions, Inc.'s (NASDAQ:STAF) CEO Compensation For Now
Sep 24Staffing 360 Solutions, Inc. (NASDAQ:STAF) Investors Should Think About This Before Buying It For Its Dividend
Feb 12Financial Position Analysis
Short Term Liabilities: STAF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: STAF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: STAF has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: STAF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: STAF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: STAF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.3% each year