Kforce Good Will vs Long Term Debt Analysis

KFRC Stock  USD 58.32  0.20  0.34%   
Kforce financial indicator trend analysis is infinitely more than just investigating Kforce Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kforce Inc is a good investment. Please check the relationship between Kforce Good Will and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kforce Inc Good Will account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kforce's Good Will and Long Term Debt is -0.07. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Kforce Inc, assuming nothing else is changed. The correlation between historical values of Kforce's Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Kforce Inc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Kforce's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Kforce Inc has held for over one year. Long-term debt appears on Kforce Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kforce Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Kforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kforce Inc 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 Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Kforce's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 15.43, whereas Selling General Administrative is forecasted to decline to about 272.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit456.9M501.1M427.1M332.5M
Total Revenue1.6B1.7B1.5B1.0B

Kforce fundamental ratios Correlations

0.690.710.870.850.380.170.470.630.50.740.80.50.90.270.780.63-0.270.930.570.930.060.220.020.770.92
0.690.420.470.260.40.540.210.380.410.370.550.410.680.030.960.54-0.160.870.590.71-0.24-0.03-0.250.490.63
0.710.420.820.560.03-0.130.240.440.580.410.50.580.60.180.460.62-0.10.690.10.720.210.160.040.460.54
0.870.470.820.730.09-0.030.560.760.50.480.750.50.870.080.530.54-0.40.820.290.90.050.00.170.730.82
0.850.260.560.730.370.00.420.540.240.870.580.240.690.480.390.49-0.160.60.440.670.30.470.180.670.79
0.380.40.030.090.370.76-0.270.45-0.410.66-0.08-0.410.370.690.420.610.40.330.680.150.310.51-0.560.390.52
0.170.54-0.13-0.030.00.76-0.190.48-0.530.3-0.19-0.530.340.330.40.350.20.260.560.07-0.010.23-0.520.310.36
0.470.210.240.560.42-0.27-0.190.380.360.060.620.360.56-0.530.26-0.05-0.960.43-0.090.6-0.52-0.480.770.620.55
0.630.380.440.760.540.450.480.38-0.120.420.36-0.120.830.20.360.51-0.270.590.430.620.030.05-0.090.780.81
0.50.410.580.50.24-0.41-0.530.36-0.120.030.761.00.32-0.320.530.15-0.320.590.00.65-0.21-0.250.220.150.23
0.740.370.410.480.870.660.30.060.420.030.330.030.50.770.440.630.20.520.660.440.470.72-0.120.510.67
0.80.550.50.750.58-0.08-0.190.620.360.760.330.760.73-0.190.680.25-0.510.810.410.88-0.22-0.180.20.640.69
0.50.410.580.50.24-0.41-0.530.36-0.121.00.030.760.32-0.320.530.15-0.320.590.00.65-0.21-0.250.220.150.23
0.90.680.60.870.690.370.340.560.830.320.50.730.320.050.730.49-0.420.890.480.93-0.140.0-0.020.860.94
0.270.030.180.080.480.690.33-0.530.2-0.320.77-0.19-0.320.050.050.590.720.070.54-0.060.820.83-0.460.070.22
0.780.960.460.530.390.420.40.260.360.530.440.680.530.730.050.55-0.170.920.630.8-0.220.01-0.240.560.7
0.630.540.620.540.490.610.35-0.050.510.150.630.250.150.490.590.550.20.620.620.50.390.26-0.260.50.64
-0.27-0.16-0.1-0.4-0.160.40.2-0.96-0.27-0.320.2-0.51-0.32-0.420.72-0.170.2-0.30.22-0.470.660.66-0.77-0.49-0.37
0.930.870.690.820.60.330.260.430.590.590.520.810.590.890.070.920.62-0.30.560.96-0.120.0-0.090.710.86
0.570.590.10.290.440.680.56-0.090.430.00.660.410.00.480.540.630.620.220.560.40.190.36-0.460.530.61
0.930.710.720.90.670.150.070.60.620.650.440.880.650.93-0.060.80.5-0.470.960.4-0.18-0.10.10.750.86
0.06-0.240.210.050.30.31-0.01-0.520.03-0.210.47-0.22-0.21-0.140.82-0.220.390.66-0.120.19-0.180.64-0.29-0.08-0.03
0.22-0.030.160.00.470.510.23-0.480.05-0.250.72-0.18-0.250.00.830.010.260.660.00.36-0.10.64-0.440.00.09
0.02-0.250.040.170.18-0.56-0.520.77-0.090.22-0.120.20.22-0.02-0.46-0.24-0.26-0.77-0.09-0.460.1-0.29-0.440.130.04
0.770.490.460.730.670.390.310.620.780.150.510.640.150.860.070.560.5-0.490.710.530.75-0.080.00.130.91
0.920.630.540.820.790.520.360.550.810.230.670.690.230.940.220.70.64-0.370.860.610.86-0.030.090.040.91
Click cells to compare fundamentals

Kforce Account Relationship Matchups

Kforce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets381.1M479.0M503.4M392.0M358.0M344.1M
Short Long Term Debt Total70.7M105.5M106.3M46.6M57.5M55.7M
Other Current Liab1.2M81.5M106.3M64.4M52.3M36.0M
Total Current Liabilities85.0M108.2M160.4M131.4M103.0M81.9M
Total Stockholder Equity167.3M179.9M188.4M182.2M159.1M183.0M
Property Plant And Equipment Net30.0M26.8M6.0M25.7M23.8M23.5M
Net Debt50.9M2.0M9.3M46.4M57.3M35.9M
Retained Earnings350.5M388.6M442.6M492.8M525.2M551.5M
Accounts Payable33.2M20.2M40.2M49.6M42.8M26.9M
Cash19.8M103.5M97.0M121K119K113.1K
Non Current Assets Total135.9M140.2M131.3M114.2M113.5M154.7M
Non Currrent Assets Other64.7M67.1M75.6M37.7M48.3M31.2M
Cash And Short Term Investments19.8M103.5M97.0M121K119K113.1K
Net Receivables218.0M228.4M268.3M269.5M233.4M159.9M
Common Stock Shares Outstanding23.8M21.4M21.2M20.5M19.5M25.2M
Liabilities And Stockholders Equity381.1M479.0M503.4M392.0M358.0M344.1M
Non Current Liabilities Total128.9M190.9M154.6M78.4M95.9M79.3M
Other Current Assets7.5M14.0M13.6M8.1M10.9M12.2M
Other Stockholder Equity(182.5M)(205.0M)(255.5M)(311.3M)(366.9M)(348.5M)
Total Liab213.9M299.1M315.0M209.8M198.9M161.1M
Property Plant And Equipment Gross48.3M26.8M33.4M8.6M33.2M24.9M
Total Current Assets245.2M338.9M372.1M277.8M244.5M189.4M
Short Term Debt5.7M5.5M12.7M9.2M7.2M10.7M
Accumulated Other Comprehensive Income(1.5M)(4.4M)621K6K6.9K7.2K
Intangible Assets8.8M12.8M14.7M16.1M16.4M29.0M
Common Stock Total Equity722K726K730K732K841.8K697.7K
Common Stock722K726K730K732K734K701.3K
Other Liab48.7M90.9M54.6M36.4M41.9M35.7M
Other Assets45.6M88.3M100.3M47.3M1.00.95
Long Term Debt73.2M65M100M25.6M41.6M59.2M
Treasury Stock(518.3M)(642.0M)(677.4M)(743.6M)(669.2M)(635.8M)
Property Plant Equipment30.0M26.8M6.0M8.6M9.9M9.4M
Net Tangible Assets142.2M154.9M163.4M157.2M180.7M125.1M
Retained Earnings Total Equity350.5M388.6M442.6M492.8M566.7M595.0M
Long Term Debt Total73.2M65M100M25.6M29.4M28.0M
Capital Surpluse459.5M472.4M488.0M507.7M583.9M481.3M
Deferred Long Term Liab855K501K1.1M881K1.0M1.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kforce Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kforce's 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 Kforce Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kforce Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kforce Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Kforce. If investors know Kforce 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 Kforce 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
0.389
Dividend Share
1.5
Earnings Share
2.9
Revenue Per Share
76.203
Quarterly Revenue Growth
(0.05)
The market value of Kforce Inc is measured differently than its book value, which is the value of Kforce that is recorded on the company's balance sheet. Investors also form their own opinion of Kforce's value that differs from its market value or its book value, called intrinsic value, which is Kforce's 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 Kforce's market value can be influenced by many factors that don't directly affect Kforce's 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 Kforce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kforce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kforce's 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.