TrueBlue Financials

TBI Stock  USD 7.83  0.20  2.49%   
Based on the measurements of operating efficiency obtained from TrueBlue's historical financial statements, TrueBlue is not in a good financial situation at this time. It has a very high probability of going through financial hardship in February. As of now, TrueBlue's Non Currrent Assets Other are increasing as compared to previous years. The TrueBlue's current Cash And Short Term Investments is estimated to increase to about 82.4 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 Ratio0.280.15
Way Up
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

  

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

202020212022202320242025 (projected)
Total Assets980.6M1.0B1.0B899.4M1.0B681.8M
Other Current Liab182.6M157.2M141.2M133.5M153.5M92.7M
Net Debt6.2M17.1M(9.5M)(549K)(631.4K)(662.9K)
Retained Earnings452.0M508.8M516.3M478.6M550.4M321.2M
Accounts Payable58.4M77.2M76.6M56.4M64.9M61.6M
Cash62.5M49.9M72.1M61.9M71.2M72.2M
Net Receivables278.3M353.9M314.3M264.2M303.8M202.8M
Other Current Assets38.0M41.3M43.9M28.9M33.2M25.3M
Total Liab543.4M540.2M523.1M441.5M507.7M336.4M
Total Current Assets378.9M445.1M430.2M355.0M408.2M311.8M
Short Term Debt27.9M24.2M23.9M10.1M11.6M7.6M
Intangible Assets28.9M22.2M67.6M10.5M12.1M11.5M
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 Will94.9M94.5M93.8M84.1M96.7M123.5M
Net Tangible Assets314.8M313.4M376.3M386.3M444.3M276.6M

TrueBlue Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense2.8M348.8M5.4M1.2M1.4M1.3M
Total Revenue1.8B2.2B2.3B1.9B2.2B1.6B
Gross Profit440.6M560.3M602.1M506.1M582.0M426.1M
Operating Income175.5M68.4M72.2M(23.9M)(27.4M)(26.1M)
Ebit(173.3M)54.0M73.4M(14.4M)(16.5M)(15.7M)
Ebitda(126.0M)96.0M115.6M11.5M13.2M12.5M
Cost Of Revenue1.4B1.6B1.7B1.4B1.6B1.2B
Income Before Tax(173.3M)73.9M73.4M(20.6M)(23.7M)(22.6M)
Net Income(141.8M)61.6M62.3M(14.2M)(16.3M)(15.5M)
Income Tax Expense(31.4M)12.2M11.1M(6.5M)(5.8M)(5.5M)
Tax Provision(31.4M)12.2M11.1M(6.5M)(5.8M)(5.5M)
Interest Income6.6M1.6M5.4M1.2M1.1M1.1M
Net Interest Income1.6M5.4M1.2M3.2M3.7M1.9M

TrueBlue Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash26.2M(15.4M)32.4M(36.3M)(32.7M)(31.1M)
Free Cash Flow125.5M(14.6M)89.9M3.5M4.0M3.8M
Depreciation32.0M27.6M29.3M25.8M29.7M21.2M
Other Non Cash Items196.0M19.0M25.2M23.2M26.7M27.0M
Capital Expenditures27.1M35.0M30.6M31.3M36.0M37.8M
Net Income(141.8M)61.6M62.3M(14.2M)(16.3M)(15.5M)
End Period Cash Flow118.6M103.2M135.6M99.3M114.2M84.2M
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
Investments(34.4M)(16.2M)(20.9M)(32.3M)(29.1M)(30.5M)

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 January 18, 2025 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.

Complementary Tools for TrueBlue Stock analysis

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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