Kelly Free Cash Flow vs Net Income Analysis

KELYA Stock

USD 14.67 0.18 1.21%

Kelly Services financial indicator trend analysis is infinitely more than just investigating Kelly Services A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kelly Services A is a good investment. Please check the relationship between Kelly Services Free Cash Flow and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelly Services A Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Kelly Services' Free Cash Flow and Net Income is 0.12. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Kelly Services A, assuming nothing else is changed. The correlation between historical values of Kelly Services' Free Cash Flow 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 Free Cash Flow of Kelly Services A 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 Free Cash Flow i.e., Kelly Services' Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Kelly Services A financial statement analysis. It represents the amount of money remaining after all of Kelly Services A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Kelly Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kelly Services A 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

The current year's Enterprise Value is expected to grow to about 1 B, whereas Selling General Administrative is forecasted to decline to about 831.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.5M	2.1M	3.2M	6.1M
Depreciation And Amortization	52.8M	55.7M	56.4M	33.1M

Interest Expense Depreciation And Amortization

Kelly Services fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Accounts Payable	Non Current Liabilities Total	Short Long Term Debt Total	Common Stock Total Equity	Intangible Assets	Common Stock	Good Will	Short Term Debt
Total Assets		0.7	0.97	0.99	0.63	-0.1	0.98	0.33	0.87	0.84	0.33	0.96	0.4	0.09	0.12	0.99	0.74	0.97	0.81	0.92	0.25	0.03	0.3	0.03	0.33	-0.41
Other Current Liab	0.7		0.8	0.64	0.59	0.23	0.59	0.09	0.45	0.5	0.09	0.81	0.21	-0.01	-0.5	0.74	0.35	0.79	0.4	0.51	0.32	0.17	-0.21	0.17	0.28	0.13
Total Current Liabilities	0.97	0.8		0.93	0.61	-0.06	0.92	0.34	0.78	0.78	0.34	0.98	0.35	0.08	-0.03	0.99	0.74	0.99	0.77	0.83	0.32	0.03	0.27	0.04	0.38	-0.26
Total Stockholder Equity	0.99	0.64	0.93		0.6	-0.11	0.99	0.27	0.9	0.86	0.26	0.94	0.38	0.14	0.18	0.96	0.72	0.94	0.84	0.91	0.16	-0.02	0.33	-0.02	0.36	-0.52
Property Plant And Equipment Net	0.63	0.59	0.61	0.6		-0.15	0.6	0.43	0.71	0.44	0.43	0.67	-0.12	0.2	-0.18	0.65	0.52	0.65	0.64	0.68	0.58	-0.16	0.21	-0.16	0.06	-0.12
Net Debt	-0.1	0.23	-0.06	-0.11	-0.15		-0.12	-0.77	-0.15	-0.05	-0.77	0.01	0.19	-0.29	-0.18	-0.09	-0.31	-0.13	-0.31	-0.2	0.08	0.36	-0.46	0.36	0.26	0.51
Retained Earnings	0.98	0.59	0.92	0.99	0.6	-0.12		0.3	0.9	0.8	0.3	0.91	0.35	0.18	0.19	0.95	0.76	0.93	0.85	0.9	0.21	-0.06	0.39	-0.06	0.37	-0.52
Cash	0.33	0.09	0.34	0.27	0.43	-0.77	0.3		0.22	0.08	1.0	0.24	-0.03	0.17	0.03	0.38	0.55	0.41	0.33	0.44	0.52	-0.18	0.46	-0.18	-0.28	-0.08
Non Current Assets Total	0.87	0.45	0.78	0.9	0.71	-0.15	0.9	0.22		0.8	0.22	0.79	0.11	0.32	0.23	0.83	0.74	0.78	0.93	0.87	0.18	-0.26	0.48	-0.26	0.38	-0.62
Non Currrent Assets Other	0.84	0.5	0.78	0.86	0.44	-0.05	0.8	0.08	0.8		0.08	0.82	0.47	-0.07	0.34	0.81	0.48	0.75	0.7	0.79	-0.05	0.14	0.18	0.14	0.26	-0.52
Cash And Short Term Investments	0.33	0.09	0.34	0.26	0.43	-0.77	0.3	1.0	0.22	0.08		0.24	-0.03	0.17	0.03	0.38	0.55	0.41	0.33	0.44	0.52	-0.18	0.46	-0.18	-0.28	-0.08
Net Receivables	0.96	0.81	0.98	0.94	0.67	0.01	0.91	0.24	0.79	0.82	0.24		0.39	-0.03	0.02	0.97	0.63	0.96	0.75	0.82	0.26	0.13	0.16	0.13	0.35	-0.28
Common Stock Shares Outstanding	0.4	0.21	0.35	0.38	-0.12	0.19	0.35	-0.03	0.11	0.47	-0.03	0.39		-0.77	0.52	0.4	-0.05	0.3	-0.1	0.44	-0.15	0.85	-0.39	0.85	-0.28	-0.03
Other Current Assets	0.09	-0.01	0.08	0.14	0.2	-0.29	0.18	0.17	0.32	-0.07	0.17	-0.03	-0.77		-0.38	0.05	0.45	0.14	0.49	0.03	0.13	-0.96	0.64	-0.96	0.45	-0.32
Other Stockholder Equity	0.12	-0.5	-0.03	0.18	-0.18	-0.18	0.19	0.03	0.23	0.34	0.03	0.02	0.52	-0.38		0.06	0.04	-0.07	0.14	0.26	-0.28	0.27	0.24	0.27	-0.13	-0.49
Total Liab	0.99	0.74	0.99	0.96	0.65	-0.09	0.95	0.38	0.83	0.81	0.38	0.97	0.4	0.05	0.06		0.75	0.98	0.77	0.91	0.33	0.07	0.27	0.07	0.29	-0.31
Property Plant And Equipment Gross	0.74	0.35	0.74	0.72	0.52	-0.31	0.76	0.55	0.74	0.48	0.55	0.63	-0.05	0.45	0.04	0.75		0.74	0.82	0.72	0.47	-0.41	0.76	-0.41	0.46	-0.35
Total Current Assets	0.97	0.79	0.99	0.94	0.65	-0.13	0.93	0.41	0.78	0.75	0.41	0.96	0.3	0.14	-0.07	0.98	0.74		0.78	0.84	0.34	-0.02	0.29	-0.02	0.34	-0.29
Accounts Payable	0.81	0.4	0.77	0.84	0.64	-0.31	0.85	0.33	0.93	0.7	0.33	0.75	-0.1	0.49	0.14	0.77	0.82	0.78		0.73	0.18	-0.48	0.68	-0.48	0.53	-0.64
Non Current Liabilities Total	0.92	0.51	0.83	0.91	0.68	-0.2	0.9	0.44	0.87	0.79	0.44	0.82	0.44	0.03	0.26	0.91	0.72	0.84	0.73		0.32	0.08	0.28	0.08	0.05	-0.41
Short Long Term Debt Total	0.25	0.32	0.32	0.16	0.58	0.08	0.21	0.52	0.18	-0.05	0.52	0.26	-0.15	0.13	-0.28	0.33	0.47	0.34	0.18	0.32		-0.1	0.26	-0.1	-0.03	0.52
Common Stock Total Equity	0.03	0.17	0.03	-0.02	-0.16	0.36	-0.06	-0.18	-0.26	0.14	-0.18	0.13	0.85	-0.96	0.27	0.07	-0.41	-0.02	-0.48	0.08	-0.1		-0.72	1.0	-0.45	0.35
Intangible Assets	0.3	-0.21	0.27	0.33	0.21	-0.46	0.39	0.46	0.48	0.18	0.46	0.16	-0.39	0.64	0.24	0.27	0.76	0.29	0.68	0.28	0.26	-0.72		-0.72	0.51	-0.48
Common Stock	0.03	0.17	0.04	-0.02	-0.16	0.36	-0.06	-0.18	-0.26	0.14	-0.18	0.13	0.85	-0.96	0.27	0.07	-0.41	-0.02	-0.48	0.08	-0.1	1.0	-0.72		-0.45	0.35
Good Will	0.33	0.28	0.38	0.36	0.06	0.26	0.37	-0.28	0.38	0.26	-0.28	0.35	-0.28	0.45	-0.13	0.29	0.46	0.34	0.53	0.05	-0.03	-0.45	0.51	-0.45		-0.26
Short Term Debt	-0.41	0.13	-0.26	-0.52	-0.12	0.51	-0.52	-0.08	-0.62	-0.52	-0.08	-0.28	-0.03	-0.32	-0.49	-0.31	-0.35	-0.29	-0.64	-0.41	0.52	0.35	-0.48	0.35	-0.26

Click cells to compare fundamentals

Kelly Services Account Relationship Matchups

Kelly Services fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.6B	2.9B	2.7B	2.6B	1.4B
Other Current Liab	358.5M	315.7M	339.2M	338.7M	348.2M	251.7M
Total Current Liabilities	884.1M	925.6M	1.1B	1.1B	1.0B	563.1M
Total Stockholder Equity	1.3B	1.2B	1.3B	1.3B	1.3B	742.1M
Property Plant And Equipment Net	103.5M	124.2M	111.1M	94.6M	71.6M	117.4M
Net Debt	39.5M	(135.6M)	(33.8M)	(83.3M)	(74.5M)	(78.2M)
Retained Earnings	1.2B	1.2B	1.3B	1.2B	1.2B	720.9M
Cash	25.8M	223M	112.7M	153.7M	125.8M	86.3M
Non Current Assets Total	1.1B	1.0B	1.3B	948.6M	955M	1.0B
Non Currrent Assets Other	324.1M	319.9M	389.1M	367.5M	260.4M	147.2M
Cash And Short Term Investments	25.8M	223M	112.7M	153.7M	125.8M	86.7M
Net Receivables	1.3B	1.3B	1.4B	1.5B	1.2B	799.9M
Common Stock Shares Outstanding	39.2M	39.3M	39.5M	38.1M	36.3M	30.6M
Liabilities And Stockholders Equity	2.5B	2.6B	2.9B	2.7B	2.6B	1.4B
Other Current Assets	76.5M	61.4M	52.8M	69.9M	340.2M	357.2M
Other Stockholder Equity	1.6M	4.2M	8.8M	7.9M	(26.7M)	(25.4M)
Total Liab	1.2B	1.4B	1.6B	1.4B	1.3B	705.0M
Property Plant And Equipment Gross	103.5M	124.2M	205.1M	166.8M	185.1M	125.4M
Total Current Assets	1.4B	1.5B	1.6B	1.7B	1.6B	974.4M
Accumulated Other Comprehensive Income	(15.8M)	(4.2M)	(27.7M)	(8.5M)	200K	190K
Accounts Payable	503.6M	536.8M	687.2M	723.3M	646.1M	678.4M
Non Current Liabilities Total	332M	433.3M	462.8M	280.8M	308M	175.9M
Short Long Term Debt Total	65.3M	87.4M	78.9M	70.4M	51.3M	63.1M
Intangible Assets	49.9M	55.6M	122M	172.4M	150.8M	158.3M
Good Will	127.8M	3.5M	114.8M	151.1M	136.0M	129.2M
Short Term Debt	22M	19.9M	17.5M	15.4M	8.4M	8.0M
Other Assets	723M	601.9M	691.9M	524.1M	602.7M	306.2M
Treasury Stock	(20.9M)	(17.1M)	(15.1M)	(20.1M)	(23.1M)	(24.3M)
Property Plant Equipment	43.1M	41M	111.1M	27.8M	25.0M	23.8M
Other Liab	286.6M	365.8M	401.4M	225.8M	259.7M	212.6M
Retained Earnings Total Equity	1.2B	1.2B	1.3B	1.2B	1.4B	1.0B
Deferred Long Term Liab	187.4M	205.8M	220M	174.1M	200.2M	166.2M
Net Tangible Assets	1.1B	1.2B	1.2B	1.1B	1.3B	1.1B
Capital Surpluse	22.5M	21.3M	23.9M	28M	25.2M	20.7M
Non Current Liabilities Other	144.6M	227.5M	86.8M	106.7M	6.8M	6.5M
Accumulated Depreciation	(182.7M)	(181.3M)	(169.8M)	(139M)	(159.9M)	(167.8M)

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When determining whether Kelly Services A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kelly Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kelly Services A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kelly Services A Stock:

How To Invest In Kelly

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Is Kelly Stock a good investment?

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What is Kelly Services' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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 Kelly Services. If investors know Kelly 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 Kelly Services 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

(0.89)

Dividend Share

0.3

Earnings Share

1.16

Revenue Per Share

123.616

Quarterly Revenue Growth

(0.07)

The market value of Kelly Services A is measured differently than its book value, which is the value of Kelly that is recorded on the company's balance sheet. Investors also form their own opinion of Kelly Services' value that differs from its market value or its book value, called intrinsic value, which is Kelly Services' 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 Kelly Services' market value can be influenced by many factors that don't directly affect Kelly Services' 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 Kelly Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelly Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelly Services' 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.

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Kelly Free Cash Flow vs Net Income Analysis

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Kelly Services fundamental ratios Correlations

Kelly Services Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kelly Services fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities

Common Stock	- 0.96	Other Current Assets
Common Stock Total Equity	- 0.96	Other Current Assets
Other Current Assets	- 0.77	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.77	Net Debt
Cash	- 0.77	Net Debt
Common Stock	- 0.72	Intangible Assets