| JKHY Stock | | | USD 173.96 0.86 0.50% |
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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jack Henry Associates Total Operating Expenses account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jack Henry's Total Operating Expenses and Tax Provision is -0.01. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Jack Henry Associates are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., Jack Henry's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax 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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