Kelly Cash And Short Term Investments from 2010 to 2024

KELYB Stock  USD 14.59  0.90  5.81%   
Kelly Services' Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 86.7 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1985-12-31
Previous Quarter
38.8 M
Current Value
32.8 M
Quarterly Volatility
43 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kelly Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kelly Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.1 M, Interest Expense of 3 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0212 or PTB Ratio of 0.59. Kelly financial statements analysis is a perfect complement when working with Kelly Services Valuation or Volatility modules.
  
Check out the analysis of Kelly Services Correlation against competitors.

Latest Kelly Services' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Kelly Services B over the last few years. Short Term Investments is an account in the current assets section of Kelly Services B balance sheet. This account contains Kelly Services investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kelly Services B fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Kelly Services' Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kelly Services' overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Kelly Cash And Short Term Investments Regression Statistics

Arithmetic Mean85,483,998
Geometric Mean70,198,695
Coefficient Of Variation64.72
Mean Deviation41,954,131
Median81,000,000
Standard Deviation55,328,165
Sample Variance3061.2T
Range197.2M
R-Value0.37
Mean Square Error2856.1T
R-Squared0.13
Significance0.18
Slope4,522,571
Total Sum of Squares42856.9T

Kelly Cash And Short Term Investments History

202486.7 M
2023125.8 M
2022153.7 M
2021112.7 M
2020223 M
201925.8 M
201835.3 M

About Kelly Services Financial Statements

Kelly Services stakeholders use historical fundamental indicators, such as Kelly Services' Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Kelly Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kelly Services' assets and liabilities are reflected in the revenues and expenses on Kelly Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kelly Services B. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments125.8 M86.7 M

Also Currently Popular

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 Kelly Services B 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 B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kelly Services B Stock:
Check out the analysis of Kelly Services Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Professional 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 B 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.