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
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 12Staffing 360 Solutions, Inc.'s (NASDAQ:STAF) About To Shift From Loss To Profit
Jan 08
Staffing 360 Solutions trades high after launches $1.74M ATM equity facility
Dec 30Staffing 360 Solutions announces public offering
Dec 23Staffing 360 Solutions regains Nasdaq listing compliance
Nov 13Financial Position Analysis
Short Term Liabilities: STAF's short term assets ($27.7M) do not cover its short term liabilities ($46.7M).
Long Term Liabilities: STAF's short term assets ($27.7M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: STAF's net debt to equity ratio (381%) is considered high.
Reducing Debt: STAF 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: 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 19.3% each year