Staffing 360 Solutions Inc
Staffing 360 Solutions, Inc. offers staffing services in the United States. The company operates through wo segments, Commercial " US and Professional " US. It provides temporary contractors and permanent placement services. The company was formerly known as Golden Fork Corporation and changed its name to Staffing 360 Solutions, Inc. in March 2012. Staffing 360 Solutions, Inc. was incorporated in… Read more
Staffing 360 Solutions Inc (STAF) - Net Assets
Latest net assets as of September 2024: $-14.63 Million USD
Based on the latest financial reports, Staffing 360 Solutions Inc (STAF) has net assets worth $-14.63 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($62.22 Million) and total liabilities ($76.86 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-14.63 Million |
| % of Total Assets | -23.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -173.54% |
| Growth Volatility | 484.31 |
Staffing 360 Solutions Inc - Net Assets Trend (2011–2023)
This chart illustrates how Staffing 360 Solutions Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Staffing 360 Solutions Inc (2011–2023)
The table below shows the annual net assets of Staffing 360 Solutions Inc from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-7.81 Million | -193.50% |
| 2022-12-31 | $8.35 Million | -64.19% |
| 2021-12-31 | $23.32 Million | +228.87% |
| 2020-12-31 | $-18.10 Million | -4831.88% |
| 2019-12-31 | $-367.00K | -108.75% |
| 2018-12-31 | $4.20 Million | +161.83% |
| 2017-12-31 | $-6.79 Million | -190.32% |
| 2016-12-31 | $7.51 Million | -20.94% |
| 2015-12-31 | $9.50 Million | -10.52% |
| 2014-12-31 | $10.62 Million | +1264.32% |
| 2013-12-31 | $778.36K | +463.59% |
| 2012-12-31 | $-214.08K | -441.22% |
| 2011-12-31 | $62.74K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Staffing 360 Solutions Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 12703632100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Other Comprehensive Income | $31.00K | % |
| Other Components | $119.21 Million | % |
| Total Equity | $-7.81 Million | 100.00% |
Staffing 360 Solutions Inc Competitors by Market Cap
The table below lists competitors of Staffing 360 Solutions Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NATL BK CANADA (NBC.SG)
STU:NBC
|
$1.10 Million |
|
Prominence Energy Ltd
AU:PRM
|
$1.10 Million |
|
HUMMINGBIRD RESOUR.LS-01
F:2HM
|
$1.10 Million |
|
Morarjee Textiles Limited
NSE:MORARJEE
|
$1.10 Million |
|
PRYME N.V EO -05
F:8XG
|
$1.10 Million |
|
SANTIERUL NAVAL CONSTANTA S.A.
RO:SNC
|
$1.10 Million |
|
WindowMaster International AS
CO:WMA
|
$1.10 Million |
|
Fluicell AB
ST:FLUI
|
$1.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Staffing 360 Solutions Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 8,353,000 to -7,810,000, a change of -16,163,000 (-193.5%).
- Net loss of 26,041,000 reduced equity.
- New share issuances of 4,993,000 increased equity.
- Other comprehensive income increased equity by 2,250,000.
- Other factors increased equity by 2,635,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-26.04 Million | -333.43% |
| Share Issuances | $4.99 Million | +63.93% |
| Other Comprehensive Income | $2.25 Million | +28.81% |
| Other Changes | $2.63 Million | +33.74% |
| Total Change | $- | -193.50% |
Book Value vs Market Value Analysis
This analysis compares Staffing 360 Solutions Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-53.40 | $1.62 | x |
| 2012-12-31 | $-861.49 | $1.62 | x |
| 2013-12-31 | $298.11 | $1.62 | x |
| 2014-12-31 | $15465.14 | $1.62 | x |
| 2015-12-31 | $661.97 | $1.62 | x |
| 2016-12-31 | $4695.00 | $1.62 | x |
| 2017-12-31 | $-1452.98 | $1.62 | x |
| 2018-12-31 | $566.38 | $1.62 | x |
| 2019-12-31 | $-26.86 | $1.62 | x |
| 2020-12-31 | $-1210.62 | $1.62 | x |
| 2021-12-31 | $244.96 | $1.62 | x |
| 2022-12-31 | $39.52 | $1.62 | x |
| 2023-12-31 | $-16.20 | $1.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Staffing 360 Solutions Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.64%
- • Asset Turnover: 2.70x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-94.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.48K |
| 2012 | 0.00% | -37.81% | 8.82x | 0.00x | $-223.47K |
| 2013 | -437.48% | -525.71% | 0.20x | 4.27x | $-3.48 Million |
| 2014 | -126.21% | -27.67% | 1.05x | 4.35x | $-13.67 Million |
| 2015 | -213.30% | -13.99% | 3.04x | 5.01x | $-18.87 Million |
| 2016 | -126.64% | -5.75% | 3.00x | 7.33x | $-10.26 Million |
| 2017 | 0.00% | -9.60% | 2.22x | 0.00x | $-17.81 Million |
| 2018 | -154.97% | -2.49% | 2.71x | 22.99x | $-6.92 Million |
| 2019 | 0.00% | -1.76% | 3.13x | 0.00x | $-4.86 Million |
| 2020 | 0.00% | -7.65% | 2.35x | 0.00x | $-13.83 Million |
| 2021 | 34.98% | 4.12% | 2.68x | 3.16x | $5.83 Million |
| 2022 | -203.45% | -6.94% | 3.00x | 9.78x | $-17.83 Million |
| 2023 | 0.00% | -13.64% | 2.70x | 0.00x | $-25.26 Million |
Industry Comparison
This section compares Staffing 360 Solutions Inc's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $10,170,518,962
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Staffing 360 Solutions Inc (STAF) | $-14.63 Million | 0.00% | N/A | $1.10 Million |
| Adecco Group AG (AHEXF) | $1.28 Billion | -9.41% | 1.70x | $4.69 Billion |
| Atlantic International Corp. Common Stock (ATLN) | $-1.75 Million | 0.00% | 0.00x | $39.54 Million |
| Barrett Business Services Inc (BBSI) | $208.53 Million | 18.26% | 2.58x | $205.95 Million |
| BG Staffing Inc (BGSF) | $40.49 Million | 17.00% | 1.01x | $39.55 Million |
| Open Up Group Inc. (BNXYF) | $63.34 Billion | 11.01% | 0.52x | $871.90 Million |
| Career Design Center Co. Ltd. (CAEEF) | $4.63 Billion | 23.78% | 0.67x | $33.99 Million |
| CTPartners Executive Search Inc (CTPR) | $24.26 Million | -6.73% | 1.83x | $0.98 |
| The Caldwell Partners International Inc (CWLPF) | $13.93 Million | 2.66% | 0.10x | $16.39 Million |
| en-japan inc. (ENJPY) | $32.16 Billion | 13.05% | 0.52x | $190.42 Million |
| Futuris Company (FTRS) | $4.55 Million | -40.51% | 1.37x | $147.15 |