Kelly Services Balance Sheet Health
Financial Health criteria checks 6/6
Kelly Services has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.4B and $1.1B respectively. Kelly Services's EBIT is $65.5M making its interest coverage ratio -12.6. It has cash and short-term investments of $200.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -12.6x |
Cash | US$200.70m |
Equity | US$1.28b |
Total liabilities | US$1.12b |
Total assets | US$2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYS's short term assets ($1.4B) exceed its short term liabilities ($797.5M).
Long Term Liabilities: KYS's short term assets ($1.4B) exceed its long term liabilities ($321.1M).
Debt to Equity History and Analysis
Debt Level: KYS is debt free.
Reducing Debt: KYS has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: KYS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KYS has no debt, therefore coverage of interest payments is not a concern.