TrueBlue Financials

TBI Stock  USD 7.24  0.10  1.40%   
Based on the measurements of operating efficiency obtained from TrueBlue's historical financial statements, TrueBlue may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, TrueBlue's Cash is decreasing as compared to previous years. The TrueBlue's current Non Currrent Assets Other is estimated to increase to about 181 M, while Total Assets are projected to decrease to under 681.8 M. Key indicators impacting TrueBlue's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02840.0299
Notably Down
Slightly volatile
Current Ratio2.92.0
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for TrueBlue includes many different criteria found on its balance sheet. An individual investor should monitor TrueBlue's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TrueBlue.

Cash And Equivalents

52.3 Million

  
Understanding current and past TrueBlue Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TrueBlue's financial statements are interrelated, with each one affecting the others. For example, an increase in TrueBlue's assets may result in an increase in income on the income statement.

TrueBlue Stock Summary

TrueBlue competes with Kelly Services, Korn Ferry, Heidrick Struggles, Hudson Global, and ManpowerGroup. TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. TrueBlue, Inc. was incorporated in 1985 and is headquartered in Tacoma, Washington. Trueblue operates under Staffing Employment Services classification in the United States and is traded on New York Stock Exchange. It employs 6400 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS89785X1019
CUSIP89785X101 505401208
LocationWashington; U.S.A
Business Address1015 A Street,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.trueblue.com
Phone253 383 9101
CurrencyUSD - US Dollar

TrueBlue Key Financial Ratios

TrueBlue Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B980.6M1.0B1.0B899.4M681.8M
Other Current Liab7.4M182.6M157.2M141.2M90.9M91.1M
Net Debt28.3M6.2M17.1M(9.5M)(549K)(576.5K)
Retained Earnings639.2M452.0M508.8M516.3M478.6M321.2M
Accounts Payable68.4M58.4M77.2M76.6M56.4M53.6M
Cash37.6M62.5M49.9M72.1M61.9M72.2M
Net Receivables342.3M278.3M353.9M314.3M264.2M202.8M
Other Current Assets41.8M38.0M41.3M43.9M28.9M25.3M
Total Liab510.2M543.4M540.2M523.1M441.5M336.4M
Total Current Assets421.7M378.9M445.1M430.2M355.0M311.8M
Short Term Debt14.4M27.9M24.2M23.9M23.8M25.0M
Intangible Assets73.7M28.9M22.2M67.6M10.5M10.0M
Other Liab213.4M274.4M281.6M229.6M264.1M178.2M
Other Assets296.0M406.2M383.3M383.4M440.9M462.9M
Long Term Debt37.1M26.4M28.8M26.2M30.1M28.6M
Good Will237.5M94.9M94.5M93.8M84.1M123.5M
Net Tangible Assets314.8M313.4M376.3M386.3M444.3M276.6M

TrueBlue Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.8M348.8M5.4M1.2M1.4M1.3M
Total Revenue2.4B1.8B2.2B2.3B1.9B1.6B
Gross Profit626.2M440.6M560.3M602.1M506.1M426.1M
Operating Income66.2M175.5M68.4M72.2M(23.9M)(22.7M)
Ebit66.2M(173.3M)54.0M73.4M(14.4M)(13.6M)
Ebitda103.7M(126.0M)96.0M115.6M11.5M10.9M
Cost Of Revenue1.7B1.4B1.6B1.7B1.4B1.2B
Income Before Tax70.0M(173.3M)73.9M73.4M(20.6M)(19.6M)
Net Income63.1M(141.8M)61.6M62.3M(14.2M)(13.5M)
Income Tax Expense7.0M(31.4M)12.2M11.1M(6.5M)(6.1M)
Tax Provision7.0M(31.4M)12.2M11.1M(6.5M)(6.1M)
Interest Income6.6M1.6M5.4M1.2M1.1M1.1M
Net Interest Income3.9M1.6M5.4M1.2M3.2M1.9M

TrueBlue Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(12.5M)26.2M(15.4M)32.4M(36.3M)(34.5M)
Free Cash Flow66.4M125.5M(14.6M)89.9M3.5M3.3M
Depreciation37.5M32.0M27.6M29.3M25.8M21.2M
Other Non Cash Items21.0M196.0M19.0M25.2M23.2M27.0M
Capital Expenditures28.1M27.1M35.0M30.6M31.3M17.2M
Net Income63.1M(141.8M)61.6M62.3M(14.2M)(13.5M)
End Period Cash Flow89.9M118.6M103.2M135.6M99.3M84.2M
Change To Netincome17.1M163.1M33.7M26.1M30.0M39.3M
Change To Inventory(39.6M)33.6M19.1M14.1M16.3M17.1M
Change Receivables5.5M57.1M(81.6M)34.8M40.0M42.0M
Net Borrowings(18.9M)(38.3M)(42.9M)(37.1M)(33.4M)(31.7M)
Investments(21.6M)(34.4M)(16.2M)(20.9M)(32.3M)(33.9M)

TrueBlue Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TrueBlue's current stock value. Our valuation model uses many indicators to compare TrueBlue value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TrueBlue competition to find correlations between indicators driving TrueBlue's intrinsic value. More Info.
TrueBlue is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, TrueBlue's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TrueBlue's earnings, one of the primary drivers of an investment's value.

TrueBlue Systematic Risk

TrueBlue's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TrueBlue volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on TrueBlue correlated with the market. If Beta is less than 0 TrueBlue generally moves in the opposite direction as compared to the market. If TrueBlue Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TrueBlue is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TrueBlue is generally in the same direction as the market. If Beta > 1 TrueBlue moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in TrueBlue Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TrueBlue's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TrueBlue growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.33

As of now, TrueBlue's Price Earnings To Growth Ratio is increasing as compared to previous years.

TrueBlue November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TrueBlue help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TrueBlue. We use our internally-developed statistical techniques to arrive at the intrinsic value of TrueBlue based on widely used predictive technical indicators. In general, we focus on analyzing TrueBlue Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TrueBlue's daily price indicators and compare them against related drivers.

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When running TrueBlue's price analysis, check to measure TrueBlue'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 TrueBlue is operating at the current time. Most of TrueBlue's value examination focuses on studying past and present price action to predict the probability of TrueBlue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueBlue's price. Additionally, you may evaluate how the addition of TrueBlue to your portfolios can decrease your overall portfolio volatility.
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