Jack Gross Profit vs Income Tax Expense Analysis

JKHY Stock

USD 172.50 1.38 0.81%

Jack Henry financial indicator trend analysis is infinitely more than just investigating Jack Henry Associates recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jack Henry Associates is a good investment. Please check the relationship between Jack Henry Gross Profit and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jack Henry Associates Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jack Henry's Gross Profit and Income Tax Expense is 0.64. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Jack Henry Associates, assuming nothing else is changed. The correlation between historical values of Jack Henry's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Jack Henry Associates are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Jack Henry's Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jack Henry Associates minus its cost of goods sold. It is profit before Jack Henry operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Jack Henry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jack Henry Associates current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Jack Henry's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 9.9 B in 2024, whereas Tax Provision is likely to drop slightly above 102.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	814.3M	858.6M	916.1M	961.9M
Total Revenue	1.9B	2.1B	2.2B	2.3B

Gross Profit Total Revenue

Jack Henry fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Inventory	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Short Term Investments
Total Assets		0.49	0.17	0.85	0.98	0.42	0.48	0.96	0.0	1.0	0.78	0.01	0.97	0.39	0.83	0.86	-0.75	0.77	0.55	0.34	-0.48	0.66	-0.12	0.83	0.81	-0.71
Short Long Term Debt Total	0.49		-0.5	0.08	0.42	-0.13	0.75	0.51	-0.26	0.46	0.69	-0.26	0.44	-0.06	0.71	0.5	-0.51	-0.02	-0.29	0.83	-0.84	-0.21	-0.34	0.62	0.22	-0.39
Other Current Liab	0.17	-0.5		0.44	0.21	0.05	-0.17	0.22	0.09	0.18	-0.07	0.09	0.15	0.06	-0.1	0.26	-0.19	0.6	0.67	-0.5	0.52	0.75	-0.12	0.06	0.12	-0.16
Total Current Liabilities	0.85	0.08	0.44		0.84	0.64	0.13	0.75	0.19	0.86	0.43	0.19	0.85	0.58	0.54	0.65	-0.47	0.91	0.73	0.01	-0.12	0.83	0.15	0.61	0.86	-0.43
Total Stockholder Equity	0.98	0.42	0.21	0.84		0.41	0.46	0.94	0.01	0.98	0.79	0.01	0.95	0.41	0.74	0.87	-0.72	0.73	0.57	0.3	-0.46	0.69	-0.12	0.82	0.79	-0.71
Property Plant And Equipment Net	0.42	-0.13	0.05	0.64	0.41		-0.36	0.18	0.49	0.4	-0.12	0.49	0.52	0.78	0.16	0.01	0.17	0.51	0.52	-0.01	0.14	0.39	0.61	0.08	0.86	0.1
Net Debt	0.48	0.75	-0.17	0.13	0.46	-0.36		0.61	-0.69	0.49	0.67	-0.69	0.42	-0.21	0.62	0.73	-0.69	0.11	-0.12	0.54	-0.62	0.08	-0.4	0.74	0.09	-0.52
Retained Earnings	0.96	0.51	0.22	0.75	0.94	0.18	0.61		-0.22	0.96	0.86	-0.21	0.91	0.14	0.84	0.92	-0.9	0.71	0.47	0.35	-0.51	0.64	-0.28	0.85	0.64	-0.84
Cash	0.0	-0.26	0.09	0.19	0.01	0.49	-0.69	-0.22		-0.03	-0.21	1.0	-0.03	0.51	-0.14	-0.28	0.42	0.19	0.31	-0.31	0.21	0.1	0.09	-0.25	0.28	0.23
Non Current Assets Total	1.0	0.46	0.18	0.86	0.98	0.4	0.49	0.96	-0.03		0.8	-0.03	0.96	0.36	0.81	0.87	-0.77	0.76	0.52	0.33	-0.5	0.67	-0.13	0.82	0.79	-0.72
Non Currrent Assets Other	0.78	0.69	-0.07	0.43	0.79	-0.12	0.67	0.86	-0.21	0.8		-0.21	0.67	-0.1	0.74	0.83	-0.86	0.32	0.05	0.49	-0.81	0.27	-0.54	0.77	0.34	-0.83
Cash And Short Term Investments	0.01	-0.26	0.09	0.19	0.01	0.49	-0.69	-0.21	1.0	-0.03	-0.21		-0.03	0.51	-0.14	-0.27	0.42	0.2	0.31	-0.31	0.21	0.1	0.09	-0.25	0.28	0.23
Net Receivables	0.97	0.44	0.15	0.85	0.95	0.52	0.42	0.91	-0.03	0.96	0.67	-0.03		0.45	0.81	0.77	-0.69	0.77	0.59	0.37	-0.37	0.66	0.07	0.78	0.86	-0.64
Common Stock Shares Outstanding	0.39	-0.06	0.06	0.58	0.41	0.78	-0.21	0.14	0.51	0.36	-0.1	0.51	0.45		0.09	0.11	0.25	0.44	0.52	-0.09	0.12	0.39	0.5	0.2	0.72	0.17
Non Current Liabilities Total	0.83	0.71	-0.1	0.54	0.74	0.16	0.62	0.84	-0.14	0.81	0.74	-0.14	0.81	0.09		0.71	-0.79	0.59	0.29	0.52	-0.55	0.35	-0.28	0.76	0.57	-0.7
Other Current Assets	0.86	0.5	0.26	0.65	0.87	0.01	0.73	0.92	-0.28	0.87	0.83	-0.27	0.77	0.11	0.71		-0.83	0.63	0.45	0.28	-0.47	0.66	-0.35	0.89	0.49	-0.73
Other Stockholder Equity	-0.75	-0.51	-0.19	-0.47	-0.72	0.17	-0.69	-0.9	0.42	-0.77	-0.86	0.42	-0.69	0.25	-0.79	-0.83		-0.5	-0.25	-0.29	0.5	-0.45	0.52	-0.73	-0.31	0.94
Total Liab	0.77	-0.02	0.6	0.91	0.73	0.51	0.11	0.71	0.19	0.76	0.32	0.2	0.77	0.44	0.59	0.63	-0.5		0.88	-0.12	0.12	0.92	0.05	0.54	0.74	-0.44
Total Current Assets	0.55	-0.29	0.67	0.73	0.57	0.52	-0.12	0.47	0.31	0.52	0.05	0.31	0.59	0.52	0.29	0.45	-0.25	0.88		-0.36	0.45	0.92	0.21	0.32	0.64	-0.28
Short Term Debt	0.34	0.83	-0.5	0.01	0.3	-0.01	0.54	0.35	-0.31	0.33	0.49	-0.31	0.37	-0.09	0.52	0.28	-0.29	-0.12	-0.36		-0.72	-0.27	0.01	0.39	0.18	-0.12
Inventory	-0.48	-0.84	0.52	-0.12	-0.46	0.14	-0.62	-0.51	0.21	-0.5	-0.81	0.21	-0.37	0.12	-0.55	-0.47	0.5	0.12	0.45	-0.72		0.25	0.41	-0.57	-0.17	0.44
Intangible Assets	0.66	-0.21	0.75	0.83	0.69	0.39	0.08	0.64	0.1	0.67	0.27	0.1	0.66	0.39	0.35	0.66	-0.45	0.92	0.92	-0.27	0.25		0.07	0.47	0.6	-0.41
Accounts Payable	-0.12	-0.34	-0.12	0.15	-0.12	0.61	-0.4	-0.28	0.09	-0.13	-0.54	0.09	0.07	0.5	-0.28	-0.35	0.52	0.05	0.21	0.01	0.41	0.07		-0.29	0.31	0.54
Property Plant And Equipment Gross	0.83	0.62	0.06	0.61	0.82	0.08	0.74	0.85	-0.25	0.82	0.77	-0.25	0.78	0.2	0.76	0.89	-0.73	0.54	0.32	0.39	-0.57	0.47	-0.29		0.55	-0.61
Common Stock Total Equity	0.81	0.22	0.12	0.86	0.79	0.86	0.09	0.64	0.28	0.79	0.34	0.28	0.86	0.72	0.57	0.49	-0.31	0.74	0.64	0.18	-0.17	0.6	0.31	0.55		-0.32
Short Term Investments	-0.71	-0.39	-0.16	-0.43	-0.71	0.1	-0.52	-0.84	0.23	-0.72	-0.83	0.23	-0.64	0.17	-0.7	-0.73	0.94	-0.44	-0.28	-0.12	0.44	-0.41	0.54	-0.61	-0.32

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Jack Henry Account Relationship Matchups

Jack Henry fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.3B	2.5B	2.8B	2.9B	3.1B
Other Current Liab	166.7M	182.5M	192.0M	(399.7M)	200.8M	210.8M
Total Current Liabilities	566.5M	520.9M	543.8M	399.7M	633.8M	665.5M
Total Stockholder Equity	1.5B	1.3B	1.4B	1.6B	1.8B	1.9B
Property Plant And Equipment Net	273.4M	252.5M	211.7M	205.7M	269.1M	176.8M
Net Debt	(213.0M)	49.2M	66.3M	262.8M	171.3M	179.9M
Retained Earnings	2.2B	2.4B	2.6B	2.9B	3.1B	3.2B
Cash	213.3M	51.0M	48.8M	12.2M	38.3M	52.3M
Non Current Assets Total	1.9B	1.8B	1.8B	2.1B	2.3B	2.4B
Non Currrent Assets Other	488.9M	258.5M	302.0M	771.2M	546.9M	574.3M
Cash And Short Term Investments	213.3M	51.0M	48.8M	12.2M	38.3M	52.8M
Net Receivables	300.9M	306.6M	348.1M	361.3M	366.6M	385.0M
Common Stock Shares Outstanding	76.9M	75.7M	73.5M	73.1M	73.0M	85.3M
Liabilities And Stockholders Equity	2.4B	2.3B	2.5B	2.8B	2.9B	3.1B
Non Current Liabilities Total	312.3M	496.0M	530.1M	641.6M	448.3M	470.7M
Other Current Assets	154.8M	186.2M	216.7M	254.5M	395.9M	415.7M
Other Stockholder Equity	(686.7M)	(1.1B)	(1.3B)	(1.2B)	(1.2B)	(1.2B)
Total Liab	878.8M	1.0B	1.1B	399.7M	1.1B	1.1B
Total Current Assets	514.3M	543.7M	613.5M	12.2M	632.0M	663.6M
Intangible Assets	465.5M	476.1M	505.6M	20.0M	671.7M	705.3M
Accounts Payable	9.9M	18.5M	21.0M	19.2M	25.3M	33.1M
Property Plant And Equipment Gross	273.4M	252.5M	666.6M	672.4M	701.2M	736.3M
Common Stock Total Equity	1.0M	1.0M	1.0M	1.0M	1.2M	1.0M
Common Stock	1.0M	1.0M	1.0M	1.0M	1.0M	1.0M
Other Liab	327.1M	346.6M	374.3M	326.1M	375.0M	393.7M
Other Assets	264.2M	307.2M	372.2M	615.7M	708.1M	743.5M
Property Plant Equipment	337.4M	308.5M	258.6M	205.7M	236.5M	275.0M
Current Deferred Revenue	389.6M	395.6M	402.2M	399.7M	317.7M	328.9M
Good Will	666.9M	686.3M	687.5M	804.8M	925.5M	513.5M
Treasury Stock	(1.1B)	(1.1B)	(1.2B)	(1.8B)	(1.6B)	(1.6B)
Net Tangible Assets	397.9M	154.5M	143.1M	152.5M	175.3M	206.5M
Retained Earnings Total Equity	1.9B	2.1B	2.2B	2.9B	3.3B	3.4B
Capital Surpluse	464.1M	472.0M	495.0M	583.8M	671.4M	493.6M

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When running Jack Henry's price analysis, check to measure Jack Henry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.

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Jack Gross Profit vs Income Tax Expense Analysis

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Gross Profit

Income Tax Expense

Jack Henry fundamental ratios Correlations

Jack Henry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jack Henry fundamental ratios Accounts

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Additional Tools for Jack Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Net Receivables	+ 0.97	Total Assets
Retained Earnings	+ 0.96	Total Assets

Other Stockholder Equity	- 0.9	Retained Earnings
Other Stockholder Equity	- 0.86	Non Currrent Assets Other
Short Term Investments	- 0.84	Retained Earnings
Inventory	- 0.84	Short Long Term Debt Total
Other Stockholder Equity	- 0.83	Other Current Assets
Short Term Investments	- 0.83	Non Currrent Assets Other