Kelly Net Debt from 2010 to 2024

KELYA Stock  USD 22.10  0.36  1.66%   
Kelly Services' Net Debt is decreasing over the years with slightly volatile fluctuation. Net Debt is expected to dwindle to about -78.2 M. Net Debt is the total debt of Kelly Services A minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
1985-12-31
Previous Quarter
-74.5 M
Current Value
-150.9 M
Quarterly Volatility
43.3 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 32.8 M, Interest Expense of 6.1 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' Net Debt Growth Pattern

Below is the plot of the Net Debt of Kelly Services A over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Kelly Services' Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Kelly Net Debt Regression Statistics

Arithmetic Mean(38,135,000)
Coefficient Of Variation(126.98)
Mean Deviation38,442,000
Median(33,100,000)
Standard Deviation48,423,118
Sample Variance2344.8T
Range175.1M
R-Value(0.41)
Mean Square Error2106.1T
R-Squared0.17
Significance0.13
Slope(4,410,982)
Total Sum of Squares32827.2T

Kelly Net Debt History

2024-78.2 M
2023-74.5 M
2022-83.3 M
2021-33.8 M
2020-135.6 M
201939.5 M
2018-33.1 M

Other Fundumenentals of Kelly Services A

Kelly Services Net Debt component correlations

0.99-0.10.980.960.990.970.810.30.030.33-0.410.86-0.650.750.850.77-0.110.580.22-0.690.340.410.030.11
0.99-0.110.990.940.960.940.840.33-0.020.36-0.520.9-0.670.720.870.82-0.130.650.18-0.770.380.45-0.010.06
-0.1-0.11-0.120.01-0.09-0.13-0.31-0.460.360.260.51-0.270.260.0-0.29-0.360.21-0.430.270.29-0.23-0.640.360.31
0.980.99-0.120.910.950.930.850.39-0.060.37-0.520.91-0.680.70.860.85-0.210.680.17-0.780.440.51-0.050.03
0.960.940.010.910.970.960.750.160.130.35-0.280.77-0.640.80.760.6-0.020.440.2-0.570.210.260.130.21
0.990.96-0.090.950.970.980.770.270.070.29-0.310.8-0.620.760.810.7-0.090.510.26-0.60.30.370.080.16
0.970.94-0.130.930.960.980.780.29-0.020.34-0.290.78-0.730.830.780.66-0.090.510.08-0.570.270.42-0.010.08
0.810.84-0.310.850.750.770.780.68-0.480.53-0.640.95-0.770.690.870.87-0.280.81-0.03-0.860.690.67-0.48-0.4
0.30.33-0.460.390.160.270.290.68-0.720.51-0.480.57-0.490.150.40.66-0.320.81-0.23-0.580.850.78-0.72-0.61
0.03-0.020.36-0.060.130.07-0.02-0.48-0.72-0.450.35-0.330.54-0.26-0.23-0.380.38-0.490.540.37-0.66-0.641.00.98
0.330.360.260.370.350.290.340.530.51-0.45-0.260.35-0.40.390.280.310.120.42-0.21-0.330.490.12-0.44-0.36
-0.41-0.520.51-0.52-0.28-0.31-0.29-0.64-0.480.35-0.26-0.660.35-0.13-0.65-0.760.1-0.740.070.83-0.44-0.510.350.31
0.860.9-0.270.910.770.80.780.950.57-0.330.35-0.66-0.740.630.910.94-0.410.80.07-0.910.650.69-0.33-0.27
-0.65-0.670.26-0.68-0.64-0.62-0.73-0.77-0.490.54-0.40.35-0.74-0.81-0.65-0.620.35-0.620.460.61-0.47-0.730.530.47
0.750.720.00.70.80.760.830.690.15-0.260.39-0.130.63-0.810.640.43-0.180.31-0.07-0.40.260.31-0.26-0.24
0.850.87-0.290.860.760.810.780.870.4-0.230.28-0.650.91-0.650.640.84-0.30.630.13-0.780.50.52-0.23-0.19
0.770.82-0.360.850.60.70.660.870.66-0.380.31-0.760.94-0.620.430.84-0.350.870.05-0.940.660.74-0.37-0.31
-0.11-0.130.21-0.21-0.02-0.09-0.09-0.28-0.320.380.120.1-0.410.35-0.18-0.3-0.35-0.21-0.050.25-0.56-0.560.390.44
0.580.65-0.430.680.440.510.510.810.81-0.490.42-0.740.8-0.620.310.630.87-0.21-0.15-0.880.720.77-0.48-0.39
0.220.180.270.170.20.260.08-0.03-0.230.54-0.210.070.070.46-0.070.130.05-0.05-0.150.010.08-0.420.540.47
-0.69-0.770.29-0.78-0.57-0.6-0.57-0.86-0.580.37-0.330.83-0.910.61-0.4-0.78-0.940.25-0.880.01-0.6-0.660.370.32
0.340.38-0.230.440.210.30.270.690.85-0.660.49-0.440.65-0.470.260.50.66-0.560.720.08-0.60.63-0.66-0.64
0.410.45-0.640.510.260.370.420.670.78-0.640.12-0.510.69-0.730.310.520.74-0.560.77-0.42-0.660.63-0.64-0.56
0.03-0.010.36-0.050.130.08-0.01-0.48-0.721.0-0.440.35-0.330.53-0.26-0.23-0.370.39-0.480.540.37-0.66-0.640.98
0.110.060.310.030.210.160.08-0.4-0.610.98-0.360.31-0.270.47-0.24-0.19-0.310.44-0.390.470.32-0.64-0.560.98
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About Kelly Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kelly Services income statement, its balance sheet, and the statement of cash flows. Kelly Services investors use historical funamental indicators, such as Kelly Services's Net Debt, 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. We offer a historical overview of the basic patterns found on Kelly Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kelly Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-74.5 M-78.2 M
Net Debt To EBITDA(0.87)(0.83)

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Additional Information and Resources on Investing in Kelly Stock

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 the analysis of Kelly Services Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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
1.427
Dividend Share
0.3
Earnings Share
1.39
Revenue Per Share
130.021
Quarterly Revenue Growth
(0.18)
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.