Staffing Asset Turnover vs Gross Profit Analysis

STAF Stock  USD 0.32  0.02  6.67%   
Staffing 360 financial indicator trend analysis is much more than just breaking down Staffing 360 Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Staffing 360 Solutions is a good investment. Please check the relationship between Staffing 360 Asset Turnover and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Staffing 360 Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Asset Turnover vs Gross Profit

Asset Turnover vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Staffing 360 Solutions Asset Turnover account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Staffing 360's Asset Turnover and Gross Profit is 0.06. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Staffing 360 Solutions, assuming nothing else is changed. The correlation between historical values of Staffing 360's Asset Turnover and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Staffing 360 Solutions are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Asset Turnover i.e., Staffing 360's Asset Turnover and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Staffing 360 Solutions minus its cost of goods sold. It is profit before Staffing 360 operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Staffing 360's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Staffing 360 Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Staffing 360 Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Staffing 360's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses38.1M46.2M53.2M30.9M
Cost Of Revenue163.9M202.1M232.5M129.7M

Staffing 360 fundamental ratios Correlations

-0.860.70.660.930.940.870.29-0.010.870.270.580.580.770.90.910.920.370.850.580.90.940.660.430.920.75
-0.86-0.74-0.55-0.88-0.92-0.82-0.53-0.12-0.81-0.19-0.69-0.68-0.95-0.87-0.75-0.91-0.24-0.72-0.7-0.85-0.89-0.77-0.7-0.86-0.44
0.7-0.740.040.620.750.490.530.50.50.480.190.340.820.690.530.77-0.020.650.20.770.710.260.710.750.46
0.66-0.550.040.60.50.680.09-0.460.67-0.290.570.360.390.430.790.460.260.410.570.360.550.610.180.430.64
0.93-0.880.620.60.970.960.24-0.190.950.230.720.840.740.960.820.920.580.910.720.940.960.810.370.930.55
0.94-0.920.750.50.970.890.360.050.880.310.660.750.840.980.790.960.440.880.660.970.960.760.490.980.53
0.87-0.820.490.680.960.890.05-0.351.00.060.750.840.650.870.870.810.610.90.750.840.940.750.290.830.59
0.29-0.530.530.090.240.360.050.470.050.150.090.120.690.30.060.36-0.360.040.10.320.190.410.80.4-0.02
-0.01-0.120.5-0.46-0.190.05-0.350.47-0.350.32-0.26-0.410.36-0.01-0.160.09-0.62-0.19-0.260.05-0.04-0.250.490.11-0.1
0.87-0.810.50.670.950.881.00.05-0.350.070.710.830.640.860.880.810.60.90.710.840.940.720.30.830.62
0.27-0.190.48-0.290.230.310.060.150.320.07-0.020.10.230.430.00.360.360.33-0.020.480.240.07-0.030.320.11
0.58-0.690.190.570.720.660.750.09-0.260.71-0.020.740.550.70.530.660.580.611.00.590.690.820.140.560.1
0.58-0.680.340.360.840.750.840.12-0.410.830.10.740.520.80.470.680.730.770.740.750.730.810.20.710.11
0.77-0.950.820.390.740.840.650.690.360.640.230.550.520.770.640.820.030.60.560.770.790.650.840.810.37
0.9-0.870.690.430.960.980.870.3-0.010.860.430.70.80.770.710.930.580.910.70.990.930.790.360.950.45
0.91-0.750.530.790.820.790.870.06-0.160.880.00.530.470.640.710.740.280.760.530.710.870.510.370.740.86
0.92-0.910.770.460.920.960.810.360.090.810.360.660.680.820.930.740.390.820.660.910.920.690.480.890.47
0.37-0.24-0.020.260.580.440.61-0.36-0.620.60.360.580.730.030.580.280.390.640.580.520.480.52-0.440.390.12
0.85-0.720.650.410.910.880.90.04-0.190.90.330.610.770.60.910.760.820.640.610.920.920.60.210.870.58
0.58-0.70.20.570.720.660.750.1-0.260.71-0.021.00.740.560.70.530.660.580.610.590.690.820.160.560.1
0.9-0.850.770.360.940.970.840.320.050.840.480.590.750.770.990.710.910.520.920.590.930.710.40.970.5
0.94-0.890.710.550.960.960.940.19-0.040.940.240.690.730.790.930.870.920.480.920.690.930.670.410.920.63
0.66-0.770.260.610.810.760.750.41-0.250.720.070.820.810.650.790.510.690.520.60.820.710.670.340.720.14
0.43-0.70.710.180.370.490.290.80.490.3-0.030.140.20.840.360.370.48-0.440.210.160.40.410.340.490.21
0.92-0.860.750.430.930.980.830.40.110.830.320.560.710.810.950.740.890.390.870.560.970.920.720.490.54
0.75-0.440.460.640.550.530.59-0.02-0.10.620.110.10.110.370.450.860.470.120.580.10.50.630.140.210.54
Click cells to compare fundamentals

Staffing 360 Account Relationship Matchups

Staffing 360 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities84.0M56.9M44.7M47.4M54.5M36.5M
Retained Earnings(76.5M)(92.2M)(84.0M)(101.0M)(90.9M)(86.4M)
Common Stock Shares Outstanding8.2M9.0M952.2K2.1M2.4M1.7M
Total Liab89.2M105.0M50.4M73.3M84.3M52.5M
Total Assets88.8M86.9M73.7M81.7M93.9M60.4M
Short Long Term Debt Total63.2M75.2M30.3M37.0M42.6M32.6M
Other Current Liab3.6M6.9M6.6M26.6M30.5M32.1M
Total Stockholder Equity(367K)(18.1M)23.3M8.4M9.6M10.1M
Net Debt62.0M67.0M25.7M35.0M40.3M30.3M
Accounts Payable1.4M28K2.7M1.2M1.3M2.5M
Cash1.2M8.3M4.6M2.0M2.3M2.4M
Liabilities And Stockholders Equity88.8M86.9M73.7M81.7M93.9M60.4M
Non Current Liabilities Total5.2M48.0M5.6M25.9M29.8M17.3M
Other Stockholder Equity76.2M73.8M107.2M103.2M118.7M124.6M
Total Current Assets28.6M36.2M26.3M27.4M31.5M23.7M
Short Term Debt59.6M33.1M25.4M19.7M22.7M18.4M
Other Liab4.7M1.7M5.9M785K902.8K857.6K
Current Deferred Revenue22.0M19.4M17.0M10.0M11.5M13.2M
Cash And Short Term Investments1.2M8.3M4.6M2.0M2.3M2.6M
Net Receivables26.6M24.6M20.7M23.6M27.2M21.9M
Good Will31.0M27.0M23.8M19.9M22.9M19.6M
Other Current Assets842K3.3M988K1.8M2.0M1.3M
Property Plant And Equipment Gross6.4M1.1K9.1M14.4M16.6M17.4M
Accumulated Other Comprehensive Income(58K)223K162K(2.2M)(2.0M)(1.9M)
Intangible Assets19.5M16.0M13.6M17.4M20.0M14.3M
Property Plant Equipment1.6M6.4M1.1M865K994.8K1.6M
Net Tangible Assets(50.5M)(50.9M)(59.1M)(14.2M)(12.7M)(13.4M)
Property Plant And Equipment Net6.4M4.5M6.4M10.3M11.8M12.4M
Non Current Assets Total60.2M50.7M47.4M54.3M62.4M44.0M
Non Currrent Assets Other3.2M3.2M3.5M6.7M7.7M8.1M
Other Assets1K6.6K3.5M(1K)(900.0)(855.0)
Long Term Debt360K7.8M279K8.7M10.0M12.0M
Retained Earnings Total Equity(71.6M)(76.5M)(92.2M)(84.0M)(75.6M)(79.4M)
Long Term Debt Total35.6M360K7.8M279K320.9K304.8K
Capital Surpluse73.8M76.2M73.8M107.2M123.3M68.9M
Short Long Term Debt38.5M14.9M24.4M18.5M21.3M12.5M
Non Current Liabilities Other1.7M38.2M5.4M180K207K196.7K

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When determining whether Staffing 360 Solutions is a strong investment it is important to analyze Staffing 360's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Staffing 360's future performance. For an informed investment choice regarding Staffing Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Staffing 360 Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Staffing 360 Solutions information on this page should be used as a complementary analysis to other Staffing 360's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Staffing 360's price analysis, check to measure Staffing 360's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Staffing 360 is operating at the current time. Most of Staffing 360's value examination focuses on studying past and present price action to predict the probability of Staffing 360's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Staffing 360's price. Additionally, you may evaluate how the addition of Staffing 360 to your portfolios can decrease your overall portfolio volatility.
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Is Staffing 360's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Staffing 360. If investors know Staffing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Staffing 360 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(8.87)
Revenue Per Share
74.314
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.05)
The market value of Staffing 360 Solutions is measured differently than its book value, which is the value of Staffing that is recorded on the company's balance sheet. Investors also form their own opinion of Staffing 360's value that differs from its market value or its book value, called intrinsic value, which is Staffing 360's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Staffing 360's market value can be influenced by many factors that don't directly affect Staffing 360's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Staffing 360's value and its price as these two are different measures arrived at by different means. Investors typically determine if Staffing 360 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Staffing 360's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.