Staffing 360 Solutions Inc (STAF) - Total Assets
Based on the latest financial reports, Staffing 360 Solutions Inc (STAF) holds total assets worth $62.22 Million USD as of September 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Staffing 360 Solutions Inc (STAF) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Staffing 360 Solutions Inc - Total Assets Trend (2011–2023)
This chart illustrates how Staffing 360 Solutions Inc's total assets have evolved over time, based on quarterly financial data. See Staffing 360 Solutions Inc (STAF) net assets for net asset value and shareholders' equity analysis.
Staffing 360 Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Staffing 360 Solutions Inc's total assets of $62.22 Million consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $17.78 Million | 25.1% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.19 Million | 15.8% |
| Goodwill | $19.89 Million | 28.1% |
Asset Composition Trend (2011–2023)
This chart illustrates how Staffing 360 Solutions Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see STAF company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Staffing 360 Solutions Inc's current assets represent 40.6% of total assets in 2023, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2023, down from 25.7% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 28.1% of total assets.
Staffing 360 Solutions Inc Competitors by Total Assets
Key competitors of Staffing 360 Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Adecco Group AG
F:ADIA
|
Germany | €11.76 Billion |
|
Adecco Group AG Class N
SW:ADEN
|
Switzerland | CHF12.07 Billion |
|
GO2 People Ltd
AU:GO2
|
Australia | AU$14.40K |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
Australia | AU$1.48 Billion |
|
Hitech Group Australia Ltd
AU:HIT
|
Australia | AU$18.17 Million |
|
Ashley Services Group Ltd
AU:ASH
|
Australia | AU$93.75 Million |
|
Ignite Ltd
AU:IGN
|
Australia | AU$13.39 Million |
|
Hiremii Ltd
AU:HMI
|
Australia | AU$5.03 Million |
Staffing 360 Solutions Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.32 | 0.61 | 0.34 |
| Quick Ratio | 0.32 | 0.61 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-48.82 Million | $-17.83 Million | $-55.35 Million |
Staffing 360 Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Staffing 360 Solutions Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.29 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -13.4% |
| Total Assets | $70.72 Million |
| Market Capitalization | $2.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Staffing 360 Solutions Inc's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Staffing 360 Solutions Inc's assets decreased by 13.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Staffing 360 Solutions Inc (2011–2023)
The table below shows the annual total assets of Staffing 360 Solutions Inc from 2011 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $70.72 Million | -13.39% |
| 2022-12-31 | $81.66 Million | +10.81% |
| 2021-12-31 | $73.69 Million | -15.19% |
| 2020-12-31 | $86.88 Million | -2.20% |
| 2019-12-31 | $88.84 Million | -7.88% |
| 2018-12-31 | $96.44 Million | +11.17% |
| 2017-12-31 | $86.75 Million | +57.45% |
| 2016-12-31 | $55.10 Million | +30.15% |
| 2015-12-31 | $42.33 Million | -3.10% |
| 2014-12-31 | $43.69 Million | +1215.62% |
| 2013-12-31 | $3.32 Million | +4422.67% |
| 2012-12-31 | $73.42K | 0.00% |
| 2011-12-31 | $73.42K | -- |
About 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