Kelly Services, Inc. (KELYA)

Kelly Services Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Cash & Equivalents	39	125.8	153.7	112.7	223
Cash & Short-Term Investments	39	125.8	153.7	112.7	223
Cash Growth	-69.00%	-18.15%	36.38%	-49.46%	764.34%
Accounts Receivable	1,256	1,161	1,492	1,423	1,265
Other Receivables	16.4	-	-	-	-
Receivables	1,272	1,161	1,492	1,423	1,271
Prepaid Expenses	52.6	45.1	67.1	48.6	48.8
Restricted Cash	0.2	0.3	0.1	0.2	-
Other Current Assets	1.8	294.8	2.7	4	7
Total Current Assets	1,366	1,627	1,715	1,589	1,550
Property, Plant & Equipment	72.8	71.7	94.6	111.1	124.2
Long-Term Investments	11	-	-	387.7	282.7
Goodwill	304.2	151.1	151.1	114.8	3.5
Other Intangible Assets	274.2	137.7	172.4	132.7	62.8
Long-Term Accounts Receivable	-	-	-	-	2.4
Long-Term Deferred Tax Assets	330.1	321.1	299.7	302.8	282
Other Long-Term Assets	274.5	273.4	230.8	256.4	254.7
Total Assets	2,632	2,582	2,664	2,894	2,562
Accounts Payable	607.4	644.8	717.6	676.2	522.6
Accrued Expenses	182.9	178.3	338.7	339.2	315.7
Short-Term Debt	-	-	0.7	-	0.3
Current Portion of Long-Term Debt	0.4	-	-	-	-
Current Portion of Leases	12.3	8.4	15.9	19.4	21.4
Current Income Taxes Payable	17.5	17.2	51.4	51.3	53.2
Other Current Liabilities	6	171.2	4.5	9.1	12.4
Total Current Liabilities	826.5	1,020	1,129	1,095	925.6
Long-Term Debt	239.4	-	-	-	-
Long-Term Leases	50.9	42.9	55	62.6	70.3
Long-Term Deferred Tax Liabilities	0.4	-	0.5	71.6	39.7
Other Long-Term Liabilities	40.6	47.7	51.2	108.6	117.5
Total Liabilities	1,398	1,328	1,410	1,558	1,359
Common Stock	38.5	38.5	38.5	40.1	40.1
Additional Paid-In Capital	34.2	30.6	28	23.9	21.3
Retained Earnings	1,230	1,242	1,216	1,315	1,163
Treasury Stock	-61.4	-57.3	-20.1	-15.1	-17.1
Comprehensive Income & Other	-6.9	0.2	-8.5	-27.7	-4.2
Shareholders' Equity	1,235	1,254	1,254	1,336	1,203
Total Liabilities & Equity	2,632	2,582	2,664	2,894	2,562
Total Debt	303	51.3	71.6	82	92
Net Cash (Debt)	-264	74.5	82.1	30.7	131
Net Cash Growth	-	-9.26%	167.43%	-76.56%	-
Net Cash Per Share	-7.44	2.05	2.15	0.78	3.33
Filing Date Shares Outstanding	34.89	35.29	37.17	39.4	39.3
Total Common Shares Outstanding	34.88	35.28	37.48	39.38	39.28
Working Capital	539	606.7	586.4	493.5	624
Book Value Per Share	35.40	35.54	33.47	33.93	30.63
Tangible Book Value	656.2	964.9	930.7	1,089	1,137
Tangible Book Value Per Share	18.81	27.35	24.83	27.65	28.94
Buildings	0.4	-	0.4	12.9	12.9
Machinery	130.8	-	149.5	174.5	187.1
Construction In Progress	2.3	-	3	0.3	0.4
Leasehold Improvements	6.5	-	13.9	17.4	21.9

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