Kelly Total Stockholder Equity vs Net Receivables 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 Stockholder Equity and its Net Receivables 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 Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kelly Services A Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kelly Services' Total Stockholder Equity and Net Receivables is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Stockholder Equity and Net Receivables 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 Stockholder Equity of Kelly Services A are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Kelly Services' Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Net Receivables
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
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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) |
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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 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.