Jack Non Current Liabilities Total vs Other Current Liab Analysis

JKHY Stock  USD 164.78  0.23  0.14%   
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 Non Current Liabilities Total and its Other Current 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.

Non Current Liabilities Total vs Other Current Liab

Non Current Liabilities Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jack Henry Associates Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jack Henry's Non Current Liabilities Total and Other Current Liab is -0.66. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current 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 Non Current Liabilities Total and Other Current 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 Non Current Liabilities Total of Jack Henry Associates are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Liabilities Total i.e., Jack Henry's Non Current Liabilities Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Other Current Liab

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 99.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit814.3M858.6M987.4M1.0B
Total Revenue1.9B2.1B2.4B2.5B

Jack Henry fundamental ratios Correlations

0.72-0.490.480.990.330.60.96-0.131.00.79-0.130.980.510.90.94-0.740.29-0.120.66-0.69-0.05-0.150.860.780.79
0.72-0.83-0.150.66-0.220.930.74-0.410.70.84-0.410.630.240.870.84-0.63-0.29-0.630.85-0.88-0.65-0.470.870.310.31
-0.49-0.830.33-0.450.24-0.81-0.490.43-0.48-0.730.43-0.39-0.17-0.66-0.620.380.540.75-0.790.840.80.25-0.68-0.15-0.15
0.48-0.150.330.480.84-0.260.360.370.48-0.030.370.540.50.190.22-0.190.860.62-0.170.110.710.340.150.810.81
0.990.66-0.450.480.360.540.94-0.10.990.79-0.10.960.540.840.92-0.710.27-0.090.63-0.67-0.03-0.120.820.790.79
0.33-0.220.240.840.36-0.390.110.530.31-0.170.530.40.770.010.020.210.690.63-0.170.220.620.630.00.830.83
0.60.93-0.81-0.260.54-0.390.69-0.720.60.78-0.720.550.030.790.79-0.67-0.4-0.710.84-0.83-0.69-0.410.810.140.14
0.960.74-0.490.360.940.110.69-0.320.970.84-0.320.940.280.920.98-0.880.21-0.210.68-0.72-0.11-0.290.860.630.63
-0.13-0.410.430.37-0.10.53-0.72-0.32-0.16-0.341.0-0.170.37-0.32-0.380.470.440.57-0.470.390.470.14-0.370.230.23
1.00.7-0.480.480.990.310.60.97-0.160.81-0.160.970.480.890.94-0.750.28-0.140.66-0.7-0.06-0.160.850.770.77
0.790.84-0.73-0.030.79-0.170.780.84-0.340.81-0.340.690.150.820.89-0.74-0.26-0.610.82-0.93-0.54-0.490.760.330.33
-0.13-0.410.430.37-0.10.53-0.72-0.321.0-0.16-0.34-0.170.37-0.32-0.380.470.440.57-0.470.390.470.14-0.370.230.23
0.980.63-0.390.540.960.40.550.94-0.170.970.69-0.170.520.870.91-0.730.40.020.6-0.570.08-0.020.810.820.83
0.510.24-0.170.50.540.770.030.280.370.480.150.370.520.260.280.150.310.220.19-0.130.160.410.360.810.81
0.90.87-0.660.190.840.010.790.92-0.320.890.82-0.320.870.260.95-0.810.12-0.310.77-0.76-0.28-0.350.890.540.54
0.940.84-0.620.220.920.020.790.98-0.380.940.89-0.380.910.280.95-0.870.06-0.340.75-0.8-0.27-0.350.90.560.56
-0.74-0.630.38-0.19-0.710.21-0.67-0.880.47-0.75-0.740.47-0.730.15-0.81-0.87-0.140.22-0.510.620.120.53-0.71-0.3-0.3
0.29-0.290.540.860.270.69-0.40.210.440.28-0.260.440.40.310.120.06-0.140.84-0.370.410.890.29-0.030.610.6
-0.12-0.630.750.62-0.090.63-0.71-0.210.57-0.14-0.610.570.020.22-0.31-0.340.220.84-0.690.770.960.46-0.410.330.33
0.660.85-0.79-0.170.63-0.170.840.68-0.470.660.82-0.470.60.190.770.75-0.51-0.37-0.69-0.87-0.66-0.210.760.280.28
-0.69-0.880.840.11-0.670.22-0.83-0.720.39-0.7-0.930.39-0.57-0.13-0.76-0.80.620.410.77-0.870.720.47-0.8-0.25-0.26
-0.05-0.650.80.71-0.030.62-0.69-0.110.47-0.06-0.540.470.080.16-0.28-0.270.120.890.96-0.660.720.44-0.380.350.35
-0.15-0.470.250.34-0.120.63-0.41-0.290.14-0.16-0.490.14-0.020.41-0.35-0.350.530.290.46-0.210.470.44-0.310.310.31
0.860.87-0.680.150.820.00.810.86-0.370.850.76-0.370.810.360.890.9-0.71-0.03-0.410.76-0.8-0.38-0.310.530.53
0.780.31-0.150.810.790.830.140.630.230.770.330.230.820.810.540.56-0.30.610.330.28-0.250.350.310.531.0
0.790.31-0.150.810.790.830.140.630.230.770.330.230.830.810.540.56-0.30.60.330.28-0.260.350.310.531.0
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Jack Henry Account Relationship Matchups

Jack Henry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.3B2.5B2.8B3.2B3.3B
Other Current Liab166.7M106.7M120.6M(399.7M)(359.8M)(341.8M)
Total Current Liabilities566.5M520.9M543.8M399.7M459.7M269.8M
Total Stockholder Equity1.5B1.3B1.4B1.6B1.8B1.9B
Property Plant And Equipment Net273.4M252.5M211.7M205.7M236.5M173.7M
Net Debt(213.0M)49.2M66.3M262.8M302.2M317.3M
Retained Earnings2.2B2.4B2.6B2.9B3.3B3.4B
Cash213.3M51.0M48.8M12.2M14.1M13.4M
Non Current Assets Total1.9B1.8B1.8B2.1B2.5B2.6B
Non Currrent Assets Other488.9M376.4M58.1M771.2M886.8M931.2M
Cash And Short Term Investments213.3M51.0M48.8M12.2M14.1M13.4M
Net Receivables300.9M336.8M361.9M361.3M415.4M436.2M
Common Stock Shares Outstanding76.9M75.7M73.5M73.1M84.1M85.5M
Liabilities And Stockholders Equity2.4B2.3B2.5B2.8B3.2B3.3B
Non Current Liabilities Total312.3M496.0M530.1M641.6M737.8M774.7M
Other Current Assets154.8M186.2M202.8M254.5M292.6M307.3M
Other Stockholder Equity(686.7M)(1.1B)(1.3B)(1.2B)(1.1B)(1.1B)
Total Liab878.8M1.0B1.1B399.7M459.7M393.7M
Total Current Assets514.3M543.7M613.5M12.2M14.1M13.4M
Inventory44.4M(154.8M)(30.2M)(615.7M)(554.1M)(526.4M)
Intangible Assets465.5M476.1M505.6M20.0M23.0M21.8M
Accounts Payable9.9M18.5M21.0M19.2M22.0M33.2M
Property Plant And Equipment Gross273.4M252.5M666.6M672.4M773.2M811.9M
Common Stock Total Equity1.0M1.0M1.0M1.0M1.2M1.0M
Common Stock1.0M1.0M1.0M1.0M1.2M1.0M
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 Revenue389.6M395.6M402.2M399.7M459.7M328.1M
Good Will666.9M686.3M687.5M804.8M925.5M496.6M
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
Deferred Long Term Liab113.5M127.2M143.8M244.4M281.1M218.1M

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