Kelly Historical Balance Sheet
KELYB Stock | USD 14.59 0.90 5.81% |
Trend analysis of Kelly Services B balance sheet accounts such as Total Stockholder Equity of 742.1 M provides information on Kelly Services' total assets, liabilities, and equity, which is the actual value of Kelly Services B to its prevalent stockholders. By breaking down trends over time using Kelly Services balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Kelly Services B latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kelly Services B is a good buy for the upcoming year.
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About Kelly Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Kelly Services B at a specified time, usually calculated after every quarter, six months, or one year. Kelly Services Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kelly Services and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kelly currently owns. An asset can also be divided into two categories, current and non-current.
Kelly Services Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Kelly Services balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kelly Services B are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most accounts from Kelly Services' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Kelly Services B current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 B. 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. 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.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 339.2M | 338.7M | 348.2M | 251.7M | Total Assets | 2.9B | 2.7B | 2.6B | 1.4B |
Kelly Services balance sheet Correlations
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Kelly Services Account Relationship Matchups
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Kelly Services 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 | 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 | 150.6M | |
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 | |
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 | 61.3M | |
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 | |
Property Plant And Equipment Gross | 43.1M | 222M | 205.1M | 166.8M | 185.1M | 117.8M | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 1.1B | 1.3B | 1.1B | |
Other Assets | 503.3M | 787M | 691.9M | 524.1M | 602.7M | 440.4M | |
Retained Earnings Total Equity | 1.2B | 1.2B | 1.3B | 1.2B | 1.4B | 1.0B | |
Capital Surpluse | 22.5M | 21.3M | 23.9M | 28M | 25.2M | 20.7M | |
Deferred Long Term Liab | 187.4M | 205.8M | 220M | 174.1M | 200.2M | 167.9M | |
Treasury Stock | (20.9M) | (17.1M) | (15.1M) | (20.1M) | (18.1M) | (19.0M) | |
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) | |
Property Plant Equipment | 43.1M | 41M | 111.1M | 27.8M | 25.0M | 23.8M |
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelly Services B. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.