Kelly Services Financials

KELYB Stock  USD 14.56  0.07  0.48%   
Based on the key indicators related to Kelly Services' liquidity, profitability, solvency, and operating efficiency, Kelly Services B may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Kelly Services' Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1 B, whereas Total Assets are forecasted to decline to about 1.4 B. Key indicators impacting Kelly Services' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00840.0089
Notably Down
Slightly volatile
Operating Income23.1 M24.3 M
Notably Down
Pretty Stable
Current Ratio2.271.5949
Significantly Up
Pretty Stable
The financial analysis of Kelly Services is a critical element in measuring its lifeblood. Investors should not minimize Kelly Services' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

34.59 Million

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

Kelly Services Earnings Geography

Please note, the presentation of Kelly Services' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kelly Services' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Kelly Services' management manipulating its earnings.

Kelly Services Stock Summary

Kelly Services competes with Heidrick Struggles, Kforce, Korn Ferry, Kelly Services, and Hirequest. Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. Kelly Services, Inc. was founded in 1946 and is headquartered in Troy, Michigan. Kelly Services operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 7400 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4881523074
CUSIP488152307
LocationMichigan; U.S.A
Business Address999 West Big
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.kellyservices.com
Phone248 362 4444
CurrencyUSD - US Dollar

Kelly Services Key Financial Ratios

Kelly Services Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.9B2.7B2.6B1.4B
Other Current Liab358.5M315.7M339.2M338.7M348.2M251.7M
Net Debt39.5M(135.6M)(33.8M)(83.3M)(74.5M)(78.2M)
Retained Earnings1.2B1.2B1.3B1.2B1.2B720.9M
Cash25.8M223M112.7M153.7M125.8M86.3M
Net Receivables1.3B1.3B1.4B1.5B1.2B799.9M
Other Current Assets76.5M61.4M52.8M69.9M340.2M357.2M
Total Liab1.2B1.4B1.6B1.4B1.3B705.0M
Total Current Assets1.4B1.5B1.6B1.7B1.6B974.4M
Accounts Payable503.6M536.8M687.2M723.3M646.1M678.4M
Intangible Assets49.9M55.6M122M172.4M150.8M158.3M
Good Will127.8M3.5M114.8M151.1M136.0M129.2M
Short Term Debt22M19.9M17.5M15.4M8.4M8.0M
Net Tangible Assets1.1B1.2B1.2B1.1B1.3B1.1B
Other Assets503.3M787M691.9M524.1M602.7M440.4M
Capital Surpluse22.5M21.3M23.9M28M25.2M20.7M
Treasury Stock(20.9M)(17.1M)(15.1M)(20.1M)(18.1M)(19.0M)

Kelly Services Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(9.1M)197.1M(108.6M)42.9M5.2M3.7M
Free Cash Flow82.2M170.5M73.8M(88.3M)61.4M36.8M
Depreciation53.9M45.3M51M51.9M50.1M35.6M
Dividends Paid11.9M3M4M10.6M11M13.7M
Net Income112.4M(72M)156.1M(62.5M)36.4M34.5M
End Period Cash Flow31M228.1M119.5M162.4M167.6M87.1M
Other Non Cash Items(25M)145.6M(138.6M)139.6M7.4M7.0M
Change To Inventory(28.2M)58.6M(16.8M)(87M)(78.3M)(74.4M)
Investments(1M)(200K)5M119.5M(11M)(10.5M)
Net Borrowings(7.8M)(300K)(1.7M)800K920K966K
Change To Netincome(29M)92.4M(111.9M)54.9M63.1M66.3M

Kelly Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Kelly Services's current stock value. Our valuation model uses many indicators to compare Kelly Services value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kelly Services competition to find correlations between indicators driving Kelly Services's intrinsic value. More Info.
Kelly Services B is rated fifth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kelly Services B is roughly  2.18 . At present, Kelly Services' Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Kelly Services' earnings, one of the primary drivers of an investment's value.

Kelly Services' Earnings Breakdown by Geography

Kelly Services B Systematic Risk

Kelly Services' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kelly Services 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.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Kelly Services B correlated with the market. If Beta is less than 0 Kelly Services generally moves in the opposite direction as compared to the market. If Kelly Services Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kelly Services B is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kelly Services is generally in the same direction as the market. If Beta > 1 Kelly Services moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Kelly Services Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kelly Services' 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 Kelly Services growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.13)

At present, Kelly Services' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Kelly Services November 22, 2024 Opportunity Range

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

Complementary Tools for Kelly Stock analysis

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