Kelly Services Financials
KELYA Stock | USD 25.04 0.01 0.04% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.0389 | 0.0409 |
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Operating Income | 23.1 M | 24.3 M |
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Current Ratio | 2.27 | 1.5949 |
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The financial analysis of Kelly Services is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Kelly Services includes many different criteria found on its balance sheet. For example, investors should never minimize Kelly Services' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Kelly Services' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Kelly Services.
Net Income |
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With this module, you can analyze Kelly financials for your investing period. You should be able to track the changes in Kelly Services individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Kelly | Select Account or Indicator |
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.
Evaluating Kelly Services' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Kelly Services' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Kelly Services' relative financial performance
Chance Of Distress
Less than 9
100 | Zero |
Low
Kelly Services A has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Kelly Services stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Kelly Services' odds of distress score SHOULD NOT be confused with the real chance of Kelly Services A filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Kelly is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Kelly Services' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Kelly Services' official financial statements usually reflect Kelly Services' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Kelly Services A. For example, before you start analyzing numbers published by Kelly accountants, it's critical to develop an understanding of what Kelly Services' liquidity, profitability, and earnings quality are in the context of the Professional Services space in which it operates.
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. Whatever the case, the imprecision that can be found in Kelly Services' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kelly Services A. Please utilize our Beneish M Score to check the likelihood of Kelly Services' management manipulating its earnings.
Kelly Services Company Summary
Kelly Services competes with Kanzhun, Automatic Data, Hirequest, HireRight Holdings, and GEE. 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 Svcs 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 |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
CIK Number | 0000055135 |
ISIN | US4881522084 |
CUSIP | 488152208 |
Region | North America |
Location | Michigan; U.S.A |
Business Address | 999 West Big |
Sector | Professional Services |
Industry | Industrials |
Benchmark | NYSE Composite |
Website | www.kellyservices.com |
Phone | 248 362 4444 |
Currency | USD - US Dollar |
You should never invest in Kelly Services without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kelly Stock, because this is throwing your money away. Analyzing the key information contained in Kelly Services' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kelly Services Key Financial Ratios
Generally speaking, Kelly Services' financial ratios allow both analysts and investors to convert raw data from Kelly Services' financial statements into concise, actionable information that can be used to evaluate the performance of Kelly Services over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kelly Services A reports annually and quarterly.Return On Equity | 0.029 | |||
Price To Sales | 0.18 X | |||
Gross Profit | 1.01 B |
Kelly Services Key Balance Sheet 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 | 368.9M | 390.5M | 390.1M | 169.9M | 251.1M | |
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 | |
Net Receivables | 1.3B | 1.3B | 1.4B | 1.5B | 1.2B | 799.9M | |
Other Current Assets | 76.5M | 61.4M | 52.8M | 69.9M | 48.9M | 55.1M | |
Total Liab | 1.2B | 1.4B | 1.6B | 1.4B | 1.3B | 705.0M | |
Total Current Assets | 1.4B | 1.5B | 1.6B | 1.7B | 1.6B | 974.4M | |
Accounts Payable | 503.6M | 536.8M | 687.2M | 723.3M | 646.1M | 678.4M | |
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) | |
Other Liab | 286.6M | 365.8M | 401.4M | 225.8M | 259.7M | 212.6M | |
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 |
Kelly Services Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Kelly Services A. It measures of how well Kelly is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Kelly Services brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Kelly had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Kelly Services has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (9.1M) | 197.1M | (108.6M) | 42.9M | 5.2M | 3.7M | |
Free Cash Flow | 82.2M | 170.5M | 73.8M | (88.3M) | 61.4M | 36.8M | |
Depreciation | 53.9M | 45.3M | 51M | 51.9M | 50.1M | 35.6M | |
Dividends Paid | 11.9M | 3M | 4M | 10.6M | (11M) | (10.5M) | |
Net Income | 112.4M | (72M) | 156.1M | (62.5M) | 36.4M | 34.5M | |
End Period Cash Flow | 31M | 228.1M | 119.5M | 162.4M | 167.6M | 87.1M | |
Other Non Cash Items | (25M) | 145.6M | (138.6M) | 139.6M | 7.4M | 7.0M | |
Change To Netincome | (29M) | 92.4M | (111.9M) | 54.9M | 63.1M | 66.3M | |
Change To Inventory | (28.2M) | 58.6M | (16.8M) | (87M) | (78.3M) | (74.4M) | |
Investments | (1M) | (200K) | 5M | 119.5M | (14.1M) | (13.4M) | |
Net Borrowings | (7.8M) | (300K) | (1.7M) | 800K | 920K | 966K |
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 A is rated fourth overall in retained earnings category among related companies. It is rated fourth overall in beta category among related companies . The ratio of Retained Earnings to Beta for Kelly Services A is about 1,054,074,703 . At present, Kelly Services' Retained Earnings are projected to increase significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kelly Services by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kelly Services' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 A 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Kelly Services A 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 A 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.
About Kelly Services Financials
What exactly are Kelly Services Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Kelly Services' income statement, its balance sheet, and the statement of cash flows. Potential Kelly Services investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Kelly Services investors may use each financial statement separately, they are all related. The changes in Kelly Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kelly Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Kelly Services Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Kelly Services is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Kelly has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Kelly Services' financials are consistent with your investment objective using the following steps:- Review Kelly Services' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Kelly Services' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Kelly Services' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Kelly Services' stock is overvalued or undervalued.
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 |
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Kelly Services March 29, 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 A. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kelly Services A 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.
Downside Deviation | 1.56 | |||
Information Ratio | 0.0609 | |||
Maximum Drawdown | 9.97 | |||
Value At Risk | (2.55) | |||
Potential Upside | 2.43 |
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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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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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Is Kelly Services' industry 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 2.445 | Dividend Share 0.3 | Earnings Share 0.98 | Revenue Per Share 134.699 | Quarterly Revenue Growth (0) |
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.