Staffing Other Operating Expenses vs Net Income Analysis

STAF Stock  USD 2.16  0.07  3.14%   
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 Other Operating Expenses and its Net Income 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Staffing 360 Solutions Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Staffing 360's Other Operating Expenses and Net Income is -0.37. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Staffing 360 Solutions are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Staffing 360's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Staffing 360 Solutions. It is also known as Staffing 360 overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Staffing 360 Solutions financial statement analysis. It represents the amount of money remaining after all of Staffing 360 Solutions operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 closely tied 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 in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses38.1M46.2M40.1M31.9M
Cost Of Revenue163.9M202.1M162.3M133.4M

Staffing 360 fundamental ratios Correlations

-0.840.730.530.910.920.830.42-0.170.840.420.460.440.860.880.810.920.30.730.460.830.920.430.530.840.7
-0.84-0.76-0.2-0.81-0.82-0.72-0.720.22-0.73-0.42-0.44-0.4-0.92-0.79-0.68-0.85-0.13-0.54-0.44-0.7-0.81-0.77-0.66-0.72-0.38
0.73-0.760.280.620.730.480.420.180.50.660.070.160.770.680.660.78-0.020.570.070.710.710.530.640.690.46
0.53-0.20.280.310.310.38-0.11-0.080.41-0.11-0.09-0.140.20.180.730.25-0.110.33-0.090.250.39-0.050.250.330.95
0.91-0.810.620.310.970.950.37-0.30.960.360.670.760.790.960.660.910.590.860.670.920.960.40.40.910.55
0.92-0.820.730.310.970.890.42-0.070.890.460.630.680.860.980.660.940.480.850.630.960.970.40.510.960.55
0.83-0.720.480.380.950.890.2-0.421.00.130.70.790.670.860.70.80.630.870.70.830.930.280.310.820.6
0.42-0.720.42-0.110.370.420.20.00.190.360.230.080.680.390.10.48-0.22-0.030.230.270.30.860.660.36-0.05
-0.170.220.18-0.08-0.3-0.07-0.420.0-0.420.27-0.19-0.360.08-0.12-0.23-0.05-0.4-0.22-0.19-0.05-0.15-0.240.320.01-0.12
0.84-0.730.50.410.960.891.00.19-0.420.140.660.770.670.860.720.80.60.870.660.840.940.290.330.830.62
0.42-0.420.66-0.110.360.460.130.360.270.14-0.060.130.510.520.130.530.180.27-0.060.540.330.330.310.430.07
0.46-0.440.07-0.090.670.630.70.23-0.190.66-0.060.760.480.650.20.590.650.581.00.560.630.020.10.540.09
0.44-0.40.16-0.140.760.680.790.08-0.360.770.130.760.390.730.140.560.850.730.760.70.660.120.040.650.11
0.86-0.920.770.20.790.860.670.680.080.670.510.480.390.80.580.910.10.490.480.720.820.640.790.750.37
0.88-0.790.680.180.960.980.860.39-0.120.860.520.650.730.80.60.920.590.870.650.980.930.360.380.940.45
0.81-0.680.660.730.660.660.70.1-0.230.720.130.20.140.580.60.640.090.660.20.610.770.240.350.610.83
0.92-0.850.780.250.910.940.80.48-0.050.80.530.590.560.910.920.640.390.740.590.870.920.440.570.840.48
0.3-0.13-0.02-0.110.590.480.63-0.22-0.40.60.180.650.850.10.590.090.390.690.650.590.48-0.24-0.380.470.12
0.73-0.540.570.330.860.850.87-0.03-0.220.870.270.580.730.490.870.660.740.690.580.920.880.040.090.860.59
0.46-0.440.07-0.090.670.630.70.23-0.190.66-0.061.00.760.480.650.20.590.650.580.560.630.020.10.540.09
0.83-0.70.710.250.920.960.830.27-0.050.840.540.560.70.720.980.610.870.590.920.560.920.270.330.960.53
0.92-0.810.710.390.960.970.930.3-0.150.940.330.630.660.820.930.770.920.480.880.630.920.330.460.910.63
0.43-0.770.53-0.050.40.40.280.86-0.240.290.330.020.120.640.360.240.44-0.240.040.020.270.330.680.340.01
0.53-0.660.640.250.40.510.310.660.320.330.310.10.040.790.380.350.57-0.380.090.10.330.460.680.440.28
0.84-0.720.690.330.910.960.820.360.010.830.430.540.650.750.940.610.840.470.860.540.960.910.340.440.58
0.7-0.380.460.950.550.550.6-0.05-0.120.620.070.090.110.370.450.830.480.120.590.090.530.630.010.280.58
Click cells to compare fundamentals

Staffing 360 Account Relationship Matchups

Staffing 360 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities84.0M56.9M44.7M47.4M74.1M39.7M
Retained Earnings(76.5M)(92.2M)(84.0M)(101.0M)(127.1M)(120.7M)
Common Stock Shares Outstanding8.2M15.0K95.2K211.4K482.1K721.7K
Total Liab89.2M105.0M50.4M73.3M78.5M54.9M
Total Assets88.8M86.9M73.7M81.7M70.7M61.7M
Short Long Term Debt Total63.2M75.2M30.3M37.0M38.4M33.9M
Other Current Liab3.6M23.9M16.6M42.3M29.1M30.6M
Total Stockholder Equity(367K)(18.1M)23.3M8.4M(7.8M)(7.4M)
Net Debt62.0M67.0M25.7M35.0M37.7M31.1M
Accounts Payable1.4M28K2.7M4.1M4.6M3.0M
Cash1.2M8.3M4.6M2.0M721K685.0K
Liabilities And Stockholders Equity88.8M86.9M73.7M81.7M70.7M61.7M
Non Current Liabilities Total5.2M48.0M5.6M25.9M4.4M4.2M
Other Stockholder Equity76.2M73.8M107.2M111.6M119.2M63.0M
Total Current Assets28.6M36.2M26.3M27.4M28.7M24.3M
Short Term Debt59.6M16.1M25.4M1.3M34.2M35.9M
Other Liab4.7M1.7M5.9M785K902.8K857.6K
Current Deferred Revenue19.4M17.0M10.0M6.0M6.9M12.6M
Cash And Short Term Investments1.2M8.3M4.6M2.0M721K685.0K
Net Receivables26.6M24.6M20.7M21.3M17.8M21.5M
Good Will31.0M27.0M23.8M19.9M22.9M19.7M
Other Current Assets842K3.3M988K12.2M10.2M10.7M
Property Plant And Equipment Gross6.4M1.1K9.1M14.4M7.3M3.9M
Accumulated Other Comprehensive Income(58K)223K162K(2.2M)31K29.5K
Intangible Assets19.5M16.0M13.6M17.4M11.2M14.2M
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 Net6.4M4.5M6.4M10.3M5.3M3.8M
Non Current Assets Total60.2M50.7M47.4M54.3M42.0M44.2M
Non Currrent Assets Other3.2M3.2M3.5M6.7M5.6M3.8M
Other Assets1K6.6K3.5M(1K)1.00.95
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 Debt38.5M14.9M24.4M18.5M9.8M12.4M
Non Current Liabilities Other1.7M38.2M5.4M180K203K192.9K

Currently Active Assets on Macroaxis

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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Human Resource & Employment Services space 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
(31.45)
Revenue Per Share
255.284
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.11)
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.