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 Retained Earnings and its Total Liab 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.
Retained Earnings vs Total Liab
Retained Earnings vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jack Henry Associates Retained Earnings account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jack Henry's Retained Earnings and Total Liab is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Retained Earnings and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Jack Henry Associates are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Jack Henry's Retained Earnings and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
Jack Henry fundamental ratios Correlations
Click cells to compare fundamentals
Jack Henry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jack Henry fundamental ratios Accounts
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