Kelly Services A Inc (KELYA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,234,600 | 1,253,700 | 1,254,200 | 1,336,200 | 1,203,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,234,600K)
= 0.00
Based on the data provided, Kelly Services A Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is not relying on borrowed funds to support its business activities and is primarily funded by equity. This could indicate a conservative financial approach and a lower risk of financial distress due to debt obligations. However, it is important to note that a zero debt-to-capital ratio may also limit the company's ability to take advantage of potential growth opportunities that could be funded through debt financing.
Peer comparison
Dec 31, 2024