Kelly Services, Inc. (KELYA)

Kelly Services Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021	Dec 29, 2019
Cash & Equivalents	32.8	125.8	153.7	112.7	223	25.8
Cash & Short-Term Investments	32.8	125.8	153.7	112.7	223	25.8
Cash Growth	-72.01%	-18.15%	36.38%	-49.46%	764.34%	-26.91%
Accounts Receivable	1,249	1,161	1,492	1,423	1,265	1,282
Receivables	1,250	1,161	1,492	1,423	1,271	1,282
Prepaid Expenses	72.2	45.2	67.1	48.6	48.8	68.6
Restricted Cash	0.7	0.3	0.1	0.2	-	0.2
Other Current Assets	2.1	294.7	2.7	4	7	28.9
Total Current Assets	1,358	1,627	1,715	1,589	1,550	1,406
Property, Plant & Equipment	81.7	71.7	94.6	111.1	124.2	103.5
Long-Term Investments	-	-	-	387.7	282.7	290.4
Goodwill	374	151.1	151.1	114.8	3.5	127.8
Other Intangible Assets	264.3	-	172.4	132.7	62.8	49.9
Long-Term Accounts Receivable	-	-	-	-	2.4	12.4
Long-Term Deferred Tax Assets	308.4	321.1	299.7	302.8	282	229.1
Long-Term Deferred Charges	-	-	-	-	-	1.5
Other Long-Term Assets	303	411.1	230.8	256.4	254.7	260.3
Total Assets	2,689	2,582	2,664	2,894	2,562	2,481
Accounts Payable	598.6	641.2	717.6	676.2	522.6	486.5
Accrued Expenses	202.6	178.3	338.7	339.2	315.7	293.3
Short-Term Debt	0.2	-	0.7	-	0.3	1.9
Current Portion of Leases	11.9	8.4	15.9	19.4	21.4	21.4
Current Income Taxes Payable	21.6	17.2	51.4	51.3	53.2	65.2
Other Current Liabilities	5.5	174.8	4.5	9.1	12.4	15.8
Total Current Liabilities	841	1,020	1,129	1,095	925.6	884.1
Long-Term Leases	51.8	42.9	55	62.6	70.3	45.4
Long-Term Deferred Tax Liabilities	-	0.4	0.5	71.6	39.7	43.1
Other Long-Term Liabilities	42.5	47.3	51.2	108.6	117.5	56.1
Total Liabilities	1,407	1,328	1,410	1,558	1,359	1,216
Common Stock	38.5	38.5	38.5	40.1	40.1	40.1
Additional Paid-In Capital	32	30.6	28	23.9	21.3	22.5
Retained Earnings	1,265	1,242	1,216	1,315	1,163	1,239
Treasury Stock	-52	-57.3	-20.1	-15.1	-17.1	-20.9
Comprehensive Income & Other	-1.3	0.2	-8.5	-27.7	-4.2	-15.8
Shareholders' Equity	1,282	1,254	1,254	1,336	1,203	1,265
Total Liabilities & Equity	2,689	2,582	2,664	2,894	2,562	2,481
Total Debt	292.9	51.3	71.6	82	92	68.7
Net Cash (Debt)	-260.1	74.5	82.1	30.7	131	-42.9
Net Cash Growth	-	-9.26%	167.43%	-76.56%	-	-
Net Cash Per Share	-7.26	2.05	2.15	0.78	3.33	-1.09
Filing Date Shares Outstanding	35.61	35.29	37.17	39.4	39.3	39.12
Total Common Shares Outstanding	35.58	35.28	37.48	39.38	39.28	39.08
Working Capital	516.5	606.7	586.4	493.5	624	521.6
Book Value Per Share	36.03	35.54	33.47	33.93	30.63	32.36
Tangible Book Value	643.6	1,103	930.7	1,089	1,137	1,087
Tangible Book Value Per Share	18.09	31.25	24.83	27.65	28.94	27.81
Buildings	-	-	0.4	12.9	12.9	13
Machinery	-	-	149.5	174.5	187.1	187.2
Construction In Progress	-	-	3	0.3	0.4	2.7
Leasehold Improvements	-	-	13.9	17.4	21.9	22.9

Source: S&P Capital IQ. Standard template. Financial Sources.