Kelly Total Assets vs Intangible Assets Analysis
KELYA Stock | USD 13.83 0.06 0.43% |
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 Total Assets and its Intangible Assets 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelly Services A Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kelly Services' Total Assets and Intangible Assets is 0.3. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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' Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Kelly Services A are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Kelly Services' Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Kelly Services assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kelly Services A books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 |
Kelly Services fundamental ratios Correlations
Click cells to compare fundamentals
Kelly Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) |
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 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: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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.