The company maintains a healthy debt-to-equity ratio of 0.08, supported by a cash balance of $20.3 million, even as total assets have declined from $117.6 million in 2024Q1 to $59.7 million.
| Metric | TTM | Sep'25 | Sep'24 | Sep'23 | Sep'22 | Sep'21 | Sep'20 | Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 | Sep'06 | Sep'05 | Sep'04 | Sep'03 | Sep'02 | Sep'01 | Sep'00 | Sep'99 | Sep'98 | Sep'97 | Sep'96 |
|---|
| Total Current Assets | 30.45M | 31.68M | 35.4M | 41.65M | 42.22M | 33.69M | 31.51M | 27.1M | 26.23M | 28.98M | 15.6M | 13.03M | 6.72M | 7.71M | 7.37M | 7.11M | 2.58M | 4.1M | 5.79M | 8.51M | 8.47M | 7.73M | 6.76M | 6.5M | 8.98M | 12.05M | 17.14M | 15.9M | 14.1M | 11.2M | 8.8M |
| Cash & Short-Term Investments | 20.33M | 21.36M | 20.83M | 22.47M | 18.85M | 9.95M | 14.07M | 4.05M | 3.21M | 2.79M | 2.53M | 5.93M | 168K | 361K | 364K | 314K | 945K | 2.81M | 4.17M | 6.34M | 5.9M | 5.24M | 4.44M | 3.9M | 4.76M | 7.79M | 12.71M | 11.8M | 10.5M | 7.7M | 6.1M |
| Cash Only | 20.33M | 21.36M | 20.83M | 22.47M | 18.85M | 9.95M | 14.07M | 4.05M | 3.21M | 2.79M | 2.53M | 5.93M | 168K | 361K | 364K | 314K | 945K | 2.81M | 4.17M | 6.34M | 5.9M | 5.24M | 4.44M | 3.9M | 4.76M | 7.29M | 7.24M | 5M | 4.5M | 7.7M | 6.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 495K | 5.47M | 6.8M | 6M | 0 | 0 |
| Accounts Receivable | 9.54M | 9.7M | 13.75M | 18.33M | 22.77M | 23.07M | 16.05M | 20.83M | 20.75M | 23.18M | 11.57M | 6.16M | 4.91M | 6.7M | 6.76M | 6.6M | 1.42M | 1.04M | 1.31M | 1.92M | 1.98M | 2.03M | 1.83M | 2.1M | 3.79M | 3.63M | 4.43M | 4M | 3.6M | 3.4M | 2.7M |
| Days Sales Outstanding | 41.3 | 36.67 | 43.08 | 43.9 | 50.34 | 56.56 | 45.11 | 50.12 | 45.83 | 62.68 | 50.83 | 51.79 | 44.99 | 52.56 | 47.09 | 64.82 | 43.46 | 36.45 | 31.48 | 35.5 | 35.98 | 36.38 | 37.21 | 41.09 | 68.17 | 42.73 | 40.62 | 36.87 | 35.8 | 42.35 | 42.48 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 577K | 622K | 825K | 847K | 0 | 0 | 0 | 0 | 0 | 0 | 1.5M | 942K | 1.65M | 654K | 246K | 190K | 216K | 249K | 313K | 252K | 592K | 468K | 486K | 443K | 428K | 625K | 0 | 100K | 0 | 100K | 0 |
| Total Non-Current Assets | 29.21M | 28.32M | 60.5M | 81.84M | 77.33M | 83.9M | 88.5M | 97.38M | 107.37M | 112.84M | 30.33M | 13.84M | 3.12M | 3.52M | 3.83M | 4.39M | 814K | 570K | 1.21M | 1.36M | 801K | 632K | 538K | 2.19M | 2.95M | 3.63M | 2.84M | 2.2M | 1.5M | 1.1M | 800K |
| Property, Plant & Equipment | 3.79M | 2.8M | 3.81M | 4.48M | 3.97M | 4.68M | 5.53M | 852K | 891K | 914K | 611K | 706K | 453K | 530K | 518K | 409K | 383K | 570K | 791K | 929K | 801K | 632K | 538K | 1.1M | 1.88M | 2.75M | 2.84M | 1.2M | 700K | 600K | 400K |
| Fixed Asset Turnover | 25.62x | 34.50x | 30.56x | 34.00x | 41.59x | 31.78x | 23.48x | 178.02x | 185.50x | 147.68x | 135.96x | 61.45x | 87.88x | 87.74x | 101.17x | 90.93x | 31.11x | 18.24x | 19.26x | 21.19x | 25.05x | 32.20x | 33.42x | 16.87x | 10.80x | 11.31x | 14.00x | 33.00x | 52.43x | 48.83x | 58.00x |
| Goodwill | 24.76M | 24.76M | 46.01M | 61.29M | 61.29M | 63.44M | 63.44M | 72.29M | 76.59M | 76.59M | 18.59M | 8.22M | 1.11M | 1.11M | 1.11M | 1.28M | 172K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 540K | 620K | 834K | 8.41M | 11.29M | 14.75M | 18.84M | 23.88M | 29.47M | 35.05M | 11.09M | 4.9M | 1.56M | 1.88M | 2.2M | 2.7M | 259K | 0 | 0 | 0 | 0 | 0 | 0 | 1.09M | 1.07M | 888K | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | -4.12M | -4.7M | -8.4M | -11.44M | -8.7M | -11.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 124K | 140K | 353K | 596K | 784K | 1.02M | 684K | 353K | 416K | 282K | 34K | 22K | 0 | 0 | 0 | 0 | 0 | 0 | 419K | 436K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 800K | 500K | 400K |
| Total Assets | 59.66M | 60M | 95.9M | 123.49M | 119.55M | 117.59M | 120.01M | 124.48M | 133.6M | 141.81M | 45.93M | 26.87M | 9.84M | 11.23M | 11.2M | 11.5M | 3.39M | 4.67M | 7M | 9.88M | 9.28M | 8.36M | 7.29M | 8.69M | 11.93M | 15.68M | 19.98M | 18.1M | 15.6M | 12.3M | 9.6M |
| Asset Turnover | 1.47x | 1.61x | 1.21x | 1.23x | 1.38x | 1.27x | 1.08x | 1.22x | 1.24x | 0.95x | 1.81x | 1.61x | 4.04x | 4.14x | 4.68x | 3.23x | 3.51x | 2.23x | 2.18x | 1.99x | 2.16x | 2.43x | 2.47x | 2.14x | 1.70x | 1.98x | 1.99x | 2.19x | 2.35x | 2.38x | 2.42x |
| Asset Growth % | -114.81% | -37.44% | -22.34% | 3.29% | 1.67% | -2.02% | -3.59% | -6.83% | -5.79% | 208.79% | 70.89% | 173% | -12.36% | 0.29% | -2.58% | 238.72% | -27.28% | -33.35% | -29.1% | 6.48% | 10.89% | 14.67% | -16.07% | -27.17% | -23.89% | -21.52% | 10.38% | 16.03% | 26.83% | 28.13% | 65.52% |
| Total Current Liabilities | 6.68M | 7.69M | 9.32M | 11.36M | 15.58M | 31.16M | 18.16M | 18.57M | 13.12M | 19.48M | 16.19M | 7.39M | 7.63M | 8.49M | 6.84M | 6.12M | 1.37M | 1.49M | 1.51M | 2.12M | 2.42M | 2.51M | 2.13M | 2.17M | 1.94M | 2.6M | 5.84M | 4.5M | 4.8M | 4.7M | 4.4M |
| Accounts Payable | 1.25M | 1.39M | 1.99M | 2.76M | 2.96M | 2.26M | 2.05M | 3.73M | 2.52M | 3.24M | 2.22M | 825K | 910K | 1.01M | 173K | 485K | 107K | 348K | 0 | 93K | 0 | 89K | 318K | 237K | 623K | 551K | 655K | 700K | 500K | 500K | 400K |
| Days Payables Outstanding | 8.36 | 7.92 | 9.2 | 10.12 | 10.44 | 8.55 | 8.79 | 13.67 | 8.66 | 13.15 | 13.66 | 9.96 | 12.57 | 11.46 | 1.65 | 6.46 | 5.49 | 29.04 | - | 6.02 | - | 3.9 | 13.62 | 9.54 | 25.04 | 20.82 | 24.09 | 24.33 | 25.35 | 8.61 | 8.8 |
| Short-Term Debt | 1.24M | 196K | 0 | 1.48M | 1.33M | 16.74M | 2.24M | 5.67M | 2.44M | 4.66M | 8.36M | 2.85M | 2.75M | 3.73M | 2.4M | 1.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 227K | 5.04M | 849K | 185K | 9.96M | 4.07M | 6.75M | 3.96M | 2.95M | 4.19M | 5.54M | 3.24M | 375K | 3.74M | 3.98M | 1.31M | 495K | 474K | 506K | 202K | 632K | 591K | 564K | 876K | 291K | 298K | 1.41M | 3.8M | 4.3M | 4.2M | 4M |
| Current Ratio | 4.56x | 4.12x | 3.80x | 3.67x | 2.71x | 1.08x | 1.74x | 1.46x | 2.00x | 1.49x | 0.96x | 1.76x | 0.88x | 0.91x | 1.08x | 1.16x | 1.88x | 2.75x | 3.84x | 4.02x | 3.50x | 3.08x | 3.18x | 3.00x | 4.62x | 4.63x | 2.94x | 3.53x | 2.94x | 2.38x | 2.00x |
| Quick Ratio | 4.56x | 4.12x | 3.80x | 3.67x | 2.71x | 1.08x | 1.74x | 1.46x | 2.00x | 1.49x | 0.96x | 1.76x | 0.88x | 0.91x | 1.08x | 1.16x | 1.88x | 2.75x | 3.84x | 4.02x | 3.50x | 3.08x | 3.18x | 3.00x | 4.62x | 4.63x | 2.94x | 3.53x | 2.94x | 2.38x | 2.00x |
| Cash Conversion Cycle | 32.95 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.94M | 2.3M | 2.37M | 2.83M | 2.97M | 5.66M | 74.47M | 96.7M | 99.38M | 98.27M | 5.2M | 243K | 145K | 126K | 253K | 681K | 431K | 575K | 419K | 436K | 0 | 0 | 318K | 237K | 623K | 551K | 655K | 485K | 500K | 500K | 400K |
| Long-Term Debt | 0 | 2.02M | 0 | 0 | 0 | 0 | 67.36M | 68.2M | 69.86M | 67.61M | 4.98M | 0 | 132K | 0 | 0 | 681K | 431K | 575K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 400K | 400K | 400K |
| Capital Lease Obligations | 9.55M | 1.83M | 2.29M | 2.47M | 1.89M | 3.01M | 3.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 1.09M | 262K | 0 | 5.1M | 528K | 591K | 430K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | -1.82M | 82K | 361K | 555K | 2.07M | 2.76M | 28.21M | 29.37M | 29.7M | 218K | 243K | 13K | 126K | 253K | 0 | 0 | 0 | 419K | 436K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15K | 100K | 100K | 0 |
| Total Liabilities | 9.62M | 9.99M | 11.69M | 14.19M | 18.55M | 36.82M | 92.64M | 115.27M | 112.5M | 117.75M | 21.39M | 7.64M | 7.78M | 8.62M | 7.09M | 6.8M | 1.8M | 2.06M | 1.93M | 2.55M | 2.42M | 2.51M | 2.13M | 2.17M | 1.94M | 2.6M | 5.84M | 5M | 5.3M | 5.2M | 4.8M |
| Total Debt | 3.94M | 5.11M | 3.55M | 3.94M | 3.22M | 21.43M | 75.14M | 73.87M | 72.3M | 72.27M | 13.41M | 2.94M | 2.95M | 3.81M | 2.4M | 2.62M | 431K | 575K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 400K | 400K | 400K |
| Net Debt | -16.39M | -16.26M | -17.28M | -18.53M | -15.63M | 11.48M | 61.07M | 69.81M | 69.09M | 69.48M | 10.88M | -3M | 2.71M | 3.44M | 2.04M | 2.31M | -514K | -2.23M | -4.17M | -6.34M | -5.9M | -5.24M | -4.44M | -3.9M | -4.76M | -7.29M | -7.24M | -4.5M | -4.1M | -7.3M | -5.7M |
| Debt / Equity | 0.08x | 0.10x | 0.04x | 0.04x | 0.03x | 0.27x | 2.74x | 8.02x | 3.43x | 3.00x | 0.55x | 0.15x | 1.43x | 1.46x | 0.59x | 0.56x | 0.27x | 0.22x | - | - | - | - | - | - | - | - | - | 0.04x | 0.04x | 0.06x | 0.08x |
| Debt / EBITDA | 15.28x | - | - | 0.75x | 0.36x | 1.75x | - | 7.72x | 8.57x | 28.32x | 4.38x | - | - | - | - | 2.06x | - | - | - | - | - | - | - | - | - | - | - | 0.10x | 0.08x | 0.10x | 0.14x |
| Net Debt / EBITDA | -63.53x | - | - | -3.50x | -1.74x | 0.94x | - | 7.30x | 8.19x | 27.23x | 3.55x | - | - | - | - | 1.82x | - | - | - | -7.52x | -6.19x | -6.65x | - | - | - | - | -1.73x | -0.90x | -0.82x | -1.87x | -2.04x |
| Interest Coverage | -4.91x | -8.52x | -83.79x | 7.46x | 54.55x | 1.01x | -0.12x | -0.40x | 0.27x | -0.40x | 1.73x | -7.57x | -1.17x | -5.21x | -3.42x | 2.81x | -41.97x | -421.80x | - | 0.67x | 0.79x | 0.86x | - | - | - | - | - | - | - | - | - |
| Total Equity | 50.05M | 50.01M | 84.21M | 109.3M | 101M | 80.77M | 27.38M | 9.21M | 21.1M | 24.06M | 24.53M | 19.24M | 2.06M | 2.61M | 4.11M | 4.69M | 1.59M | 2.6M | 5.08M | 7.32M | 6.85M | 5.85M | 5.17M | 6.52M | 9.99M | 13.08M | 14.14M | 13.1M | 10.3M | 7.1M | 4.8M |
| Equity Growth % | -123.67% | -40.61% | -22.96% | 8.22% | 25.05% | 195.01% | 197.3% | -56.36% | -12.31% | -1.92% | 27.53% | 831.57% | -20.97% | -36.35% | -12.55% | 194.85% | -38.86% | -48.7% | -30.69% | 6.89% | 17.13% | 13.2% | -20.78% | -34.69% | -23.61% | -7.54% | 7.96% | 27.18% | 45.07% | 47.92% | 92% |
| Book Value per Share | 0.45 | 0.46 | 0.77 | 0.95 | 0.88 | 0.70 | 1.27 | 0.78 | 2.06 | 2.50 | 2.48 | 4.71 | 0.85 | 1.19 | 1.89 | 2.52 | 1.15 | 3.60 | 9.83 | 13.64 | 12.84 | 10.92 | 10.07 | 12.74 | 19.53 | 25.71 | 27.64 | 25.58 | 19.38 | 14.20 | 9.90 |
| Total Shareholders' Equity | 50.05M | 50.01M | 84.21M | 109.3M | 101M | 80.77M | 27.38M | 9.21M | 21.1M | 24.06M | 24.53M | 19.24M | 2.06M | 2.61M | 4.11M | 4.69M | 1.59M | 2.6M | 5.08M | 7.32M | 6.85M | 5.85M | 5.17M | 6.52M | 9.99M | 13.08M | 14.14M | 13.1M | 10.3M | 7.1M | 4.8M |
| Common Stock | 113.53M | 113.67M | 113.13M | 112.92M | 112.05M | 111.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.85M | 10.45M | 10.03M | 7.29M | 6.74M | 0 | 0 | 0 | 51K | 51K | 51K | 51K | 51K | 51K | 100K | 0 | 0 | 0 |
| Retained Earnings | -60.62M | -60.48M | -25.73M | -1.63M | -11.05M | -30.65M | -30.65M | -40.78M | -23.02M | -15.45M | -13.08M | -14.26M | -9.59M | -8.24M | -6.35M | -5.34M | -5.7M | -4.14M | 89K | 2.41M | 2.01M | 1.01M | 340K | 1.74M | 5.24M | 8.46M | 9.52M | 8.5M | 5.7M | 2.8M | 600K |
| Treasury Stock | -2.87M | -3.19M | -3.19M | -1.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.91M | -3.78M | 0 | 0 | 0 | -3.24M | 0 | -3.1M | -2.95M | -2.9M | -2.82M | -2.91M | -3.22M | -3.32M | -4.27M | -3.93M | -4.69M | -3.95M | -3.21M | -2.6M | -2.4M | -3.3M | -2.2M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill impairment and contraction
According to the company's reported financial statements, total assets have declined from $117.6 million in 2024Q1 to $59.7 million in 2026Q2, a trend that appears to mirror the firm's ongoing struggle to maintain its operational scale amidst a challenging professional and industrial staffing environment.
The significant reduction in total assets over the last ten quarters suggests a strategic or forced downsizing of the business footprint. Investors should monitor whether this contraction represents a necessary right-sizing of the organization or a loss of competitive positioning in key staffing niches.
Based on the provided balance sheet data, goodwill has plummeted from $61.3 million in 2024Q1 to $24.8 million by 2026Q2, indicating that previous acquisition-led growth strategies have faced significant valuation adjustments as the underlying business performance failed to meet initial expectations for the acquired entities.
The rapid erosion of goodwill suggests that the company's historical M&A strategy may have overpaid for assets that are now underperforming. This trend warrants further investigation into whether the remaining $24.8 million in goodwill is still fully supported by the current, smaller revenue base.
As reported in recent filings, the company's retained earnings have deteriorated sharply from -$3.2 million in 2024Q1 to -$60.6 million in 2026Q2, highlighting a persistent inability to generate sustainable net income that could otherwise bolster the firm's equity base over the long term.
The consistent decline in retained earnings reflects the cumulative impact of operational losses and potential non-cash impairment charges. This trend suggests that the company's equity is being eroded by its inability to align its cost structure with the current, lower revenue reality.
Based on the most recent quarterly figures, GEE Group maintains a cash position of $20.3 million and a current ratio of 4.56, which appears to provide a substantial liquidity buffer against short-term operational shocks despite the company's ongoing challenges with profitability and revenue contraction.
The high current ratio suggests that the company is well-positioned to meet its immediate obligations, even as it navigates a period of significant top-line pressure. However, investors should monitor how quickly this cash balance is consumed if the current negative operating margin trend persists.
Quick answers to the most common questions about buying JOB stock.
As of 2025, GEE Group, Inc. (JOB) had total assets of $60.0M including $31.7M in current assets.
GEE Group, Inc. (JOB) carries total debt of $5.1M, offset by $21.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
GEE Group, Inc. (JOB) has total shareholders' equity (book value) of $50.0M ($0.46 book value per share). Book value represents the net worth of the company belonging to common stock holders.
GEE Group, Inc. (JOB) reported a current ratio of 4.12x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.