Jack Intangible Assets vs Short Term Debt Analysis

JKHY Stock  USD 172.14  0.36  0.21%   
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 Intangible Assets and its Short Term Debt 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.

Intangible Assets vs Short Term Debt

Intangible Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jack Henry Associates Intangible Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jack Henry's Intangible Assets and Short Term Debt is -0.27. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Debt 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 Intangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Jack Henry Associates are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Intangible Assets i.e., Jack Henry's Intangible Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Term Debt

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 Profit814.3M858.6M916.1M961.9M
Total Revenue1.9B2.1B2.2B2.3B

Jack Henry fundamental ratios Correlations

0.490.170.850.980.420.480.960.01.00.780.010.970.390.830.86-0.750.770.550.34-0.480.66-0.120.830.81-0.71
0.49-0.50.080.42-0.130.750.51-0.260.460.69-0.260.44-0.060.710.5-0.51-0.02-0.290.83-0.84-0.21-0.340.620.22-0.39
0.17-0.50.440.210.05-0.170.220.090.18-0.070.090.150.06-0.10.26-0.190.60.67-0.50.520.75-0.120.060.12-0.16
0.850.080.440.840.640.130.750.190.860.430.190.850.580.540.65-0.470.910.730.01-0.120.830.150.610.86-0.43
0.980.420.210.840.410.460.940.010.980.790.010.950.410.740.87-0.720.730.570.3-0.460.69-0.120.820.79-0.71
0.42-0.130.050.640.41-0.360.180.490.4-0.120.490.520.780.160.010.170.510.52-0.010.140.390.610.080.860.1
0.480.75-0.170.130.46-0.360.61-0.690.490.67-0.690.42-0.210.620.73-0.690.11-0.120.54-0.620.08-0.40.740.09-0.52
0.960.510.220.750.940.180.61-0.220.960.86-0.210.910.140.840.92-0.90.710.470.35-0.510.64-0.280.850.64-0.84
0.0-0.260.090.190.010.49-0.69-0.22-0.03-0.211.0-0.030.51-0.14-0.280.420.190.31-0.310.210.10.09-0.250.280.23
1.00.460.180.860.980.40.490.96-0.030.8-0.030.960.360.810.87-0.770.760.520.33-0.50.67-0.130.820.79-0.72
0.780.69-0.070.430.79-0.120.670.86-0.210.8-0.210.67-0.10.740.83-0.860.320.050.49-0.810.27-0.540.770.34-0.83
0.01-0.260.090.190.010.49-0.69-0.211.0-0.03-0.21-0.030.51-0.14-0.270.420.20.31-0.310.210.10.09-0.250.280.23
0.970.440.150.850.950.520.420.91-0.030.960.67-0.030.450.810.77-0.690.770.590.37-0.370.660.070.780.86-0.64
0.39-0.060.060.580.410.78-0.210.140.510.36-0.10.510.450.090.110.250.440.52-0.090.120.390.50.20.720.17
0.830.71-0.10.540.740.160.620.84-0.140.810.74-0.140.810.090.71-0.790.590.290.52-0.550.35-0.280.760.57-0.7
0.860.50.260.650.870.010.730.92-0.280.870.83-0.270.770.110.71-0.830.630.450.28-0.470.66-0.350.890.49-0.73
-0.75-0.51-0.19-0.47-0.720.17-0.69-0.90.42-0.77-0.860.42-0.690.25-0.79-0.83-0.5-0.25-0.290.5-0.450.52-0.73-0.310.94
0.77-0.020.60.910.730.510.110.710.190.760.320.20.770.440.590.63-0.50.88-0.120.120.920.050.540.74-0.44
0.55-0.290.670.730.570.52-0.120.470.310.520.050.310.590.520.290.45-0.250.88-0.360.450.920.210.320.64-0.28
0.340.83-0.50.010.3-0.010.540.35-0.310.330.49-0.310.37-0.090.520.28-0.29-0.12-0.36-0.72-0.270.010.390.18-0.12
-0.48-0.840.52-0.12-0.460.14-0.62-0.510.21-0.5-0.810.21-0.370.12-0.55-0.470.50.120.45-0.720.250.41-0.57-0.170.44
0.66-0.210.750.830.690.390.080.640.10.670.270.10.660.390.350.66-0.450.920.92-0.270.250.070.470.6-0.41
-0.12-0.34-0.120.15-0.120.61-0.4-0.280.09-0.13-0.540.090.070.5-0.28-0.350.520.050.210.010.410.07-0.290.310.54
0.830.620.060.610.820.080.740.85-0.250.820.77-0.250.780.20.760.89-0.730.540.320.39-0.570.47-0.290.55-0.61
0.810.220.120.860.790.860.090.640.280.790.340.280.860.720.570.49-0.310.740.640.18-0.170.60.310.55-0.32
-0.71-0.39-0.16-0.43-0.710.1-0.52-0.840.23-0.72-0.830.23-0.640.17-0.7-0.730.94-0.44-0.28-0.120.44-0.410.54-0.61-0.32
Click cells to compare fundamentals

Jack Henry Account Relationship Matchups

Jack Henry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.3B2.5B2.8B2.9B3.1B
Other Current Liab166.7M182.5M192.0M(399.7M)200.8M210.8M
Total Current Liabilities566.5M520.9M543.8M399.7M633.8M665.5M
Total Stockholder Equity1.5B1.3B1.4B1.6B1.8B1.9B
Property Plant And Equipment Net273.4M252.5M211.7M205.7M269.1M176.8M
Net Debt(213.0M)49.2M66.3M262.8M171.3M179.9M
Retained Earnings2.2B2.4B2.6B2.9B3.1B3.2B
Cash213.3M51.0M48.8M12.2M38.3M52.3M
Non Current Assets Total1.9B1.8B1.8B2.1B2.3B2.4B
Non Currrent Assets Other488.9M258.5M302.0M771.2M546.9M574.3M
Cash And Short Term Investments213.3M51.0M48.8M12.2M38.3M52.8M
Net Receivables300.9M306.6M348.1M361.3M366.6M385.0M
Common Stock Shares Outstanding76.9M75.7M73.5M73.1M73.0M85.3M
Liabilities And Stockholders Equity2.4B2.3B2.5B2.8B2.9B3.1B
Non Current Liabilities Total312.3M496.0M530.1M641.6M448.3M470.7M
Other Current Assets154.8M186.2M216.7M254.5M395.9M415.7M
Other Stockholder Equity(686.7M)(1.1B)(1.3B)(1.2B)(1.2B)(1.2B)
Total Liab878.8M1.0B1.1B399.7M1.1B1.1B
Total Current Assets514.3M543.7M613.5M12.2M632.0M663.6M
Intangible Assets465.5M476.1M505.6M20.0M671.7M705.3M
Accounts Payable9.9M18.5M21.0M19.2M25.3M33.1M
Property Plant And Equipment Gross273.4M252.5M666.6M672.4M701.2M736.3M
Common Stock Total Equity1.0M1.0M1.0M1.0M1.2M1.0M
Common Stock1.0M1.0M1.0M1.0M1.0M1.0M
Other Liab327.1M346.6M374.3M326.1M375.0M393.7M
Other Assets264.2M307.2M372.2M615.7M708.1M743.5M
Property Plant Equipment337.4M308.5M258.6M205.7M236.5M275.0M
Current Deferred Revenue389.6M395.6M402.2M399.7M317.7M328.9M
Good Will666.9M686.3M687.5M804.8M925.5M513.5M
Treasury Stock(1.1B)(1.1B)(1.2B)(1.8B)(1.6B)(1.6B)
Net Tangible Assets397.9M154.5M143.1M152.5M175.3M206.5M
Retained Earnings Total Equity1.9B2.1B2.2B2.9B3.3B3.4B
Capital Surpluse464.1M472.0M495.0M583.8M671.4M493.6M

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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.