Kelly Services Balance Sheet Health
Financial Health criteria checks 5/6
Kelly Services has a total shareholder equity of $1.3B and total debt of $229.2M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are $2.7B and $1.4B respectively. Kelly Services's EBIT is $64.8M making its interest coverage ratio -162. It has cash and short-term investments of $32.8M.
Key information
17.9%
Debt to equity ratio
US$229.20m
Debt
| Interest coverage ratio | -162x |
| Cash | US$32.80m |
| Equity | US$1.28b |
| Total liabilities | US$1.41b |
| Total assets | US$2.69b |
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 ($841.0M).
Long Term Liabilities: KYS's short term assets ($1.4B) exceed its long term liabilities ($566.0M).
Debt to Equity History and Analysis
Debt Level: KYS's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: KYS's debt to equity ratio has increased from 1.4% to 17.9% over the past 5 years.
Debt Coverage: KYS's debt is well covered by operating cash flow (24.1%).
Interest Coverage: KYS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 13:55 |
| End of Day Share Price | 2024/11/08 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kelly Services, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Prestopino | Barrington Research Associates, Inc. |
| Kevin Steinke | Barrington Research Associates, Inc. |
| James Samford | Citigroup Inc |