Staffing 360 Solutions (STU:28S) Cash-to-Debt : 0.04 (As of Sep. 2023)

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What is Staffing 360 Solutions Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Staffing 360 Solutions's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Staffing 360 Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Staffing 360 Solutions's Cash-to-Debt or its related term are showing as below:

STU:28S' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.3
Current: 0.04

During the past 12 years, Staffing 360 Solutions's highest Cash to Debt Ratio was 0.30. The lowest was 0.00. And the median was 0.09.

STU:28S's Cash-to-Debt is ranked worse than
93.18% of 1041 companies
in the Business Services industry
Industry Median: 0.98 vs STU:28S: 0.04

Staffing 360 Solutions Cash-to-Debt Historical Data

The historical data trend for Staffing 360 Solutions's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Staffing 360 Solutions Cash-to-Debt Chart

Staffing 360 Solutions Annual Data

Trend

May13

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.09

0.03

0.14

0.30

0.11

Staffing 360 Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.11	0.08	-	0.04

Competitive Comparison of Staffing 360 Solutions's Cash-to-Debt

For the Staffing & Employment Services subindustry, Staffing 360 Solutions's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Staffing 360 Solutions's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's Cash-to-Debt falls into.

Staffing 360 Solutions Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Staffing 360 Solutions's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.88	/	(1.357	+	16.332)
	=	0.11

Staffing 360 Solutions's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.638	/	(1.215	+	16.442)
	=	0.04

Staffing 360 Solutions (STU:28S) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Staffing 360 Solutions Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Staffing 360 Solutions's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Staffing 360 Solutions (STU:28S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffing 360 Solutions Inc (STU:28S) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STAF:USA

Address

757 3rd Avenue, 27th Floor, New York, NY, USA, 10017

Website

https://www.staffing360solutions.com

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.

Staffing 360 Solutions (STU:28S) Headlines

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