Kelly Services A Stock Current Ratio

KELYA Stock  USD 22.30  0.05  0.22%   
Kelly Services A fundamentals help investors to digest information that contributes to Kelly Services' financial success or failures. It also enables traders to predict the movement of Kelly Stock. The fundamental analysis module provides a way to measure Kelly Services' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Kelly Services stock.
  
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Kelly Services A Company Current Ratio Analysis

Kelly Services' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Kelly Services Current Ratio

    
  1.50 X  
Most of Kelly Services' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Kelly Services A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Kelly Services A has a Current Ratio of 1.5 times. This is 27.18% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 30.56% higher than that of the company.

Kelly Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kelly Services' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kelly Services could also be used in its relative valuation, which is a method of valuing Kelly Services by comparing valuation metrics of similar companies.
Kelly Services is currently under evaluation in current ratio category among related companies.

Kelly Fundamentals

About Kelly Services Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kelly Services A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kelly Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kelly Services A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Kelly Services Piotroski F Score and Kelly Services Altman Z Score analysis.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Kelly Stock analysis

When running Kelly Services' price analysis, check to measure Kelly Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kelly Services is operating at the current time. Most of Kelly Services' value examination focuses on studying past and present price action to predict the probability of Kelly Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kelly Services' price. Additionally, you may evaluate how the addition of Kelly Services to your portfolios can decrease your overall portfolio volatility.
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Is Kelly Services' industry 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.
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.