Jack Asset Turnover vs Gross Profit Analysis

JKHY Stock

USD 164.77 0.10 0.06%

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 Asset Turnover and its Gross Profit 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 tightly coupled with the direction of predictive economic indicators such as signals in rate.

Asset Turnover vs Gross Profit

Asset Turnover vs Gross Profit Correlation Analysis

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

The correlation between Jack Henry's Asset Turnover and Gross Profit is -0.33. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit 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 Asset Turnover and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Jack Henry Associates are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Asset Turnover i.e., Jack Henry's Asset Turnover and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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.

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 tightly coupled 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 Profit	814.3M	858.6M	987.4M	1.0B
Total Revenue	1.9B	2.1B	2.4B	2.5B

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	Common Stock
Total Assets		0.72	-0.49	0.48	0.99	0.33	0.6	0.96	-0.13	1.0	0.79	-0.13	0.98	0.51	0.9	0.94	-0.74	0.29	-0.12	0.61	-0.69	-0.05	-0.15	0.86	0.78	0.79
Short Long Term Debt Total	0.72		-0.83	-0.15	0.66	-0.22	0.93	0.74	-0.41	0.7	0.84	-0.41	0.63	0.24	0.87	0.84	-0.63	-0.29	-0.63	0.89	-0.88	-0.65	-0.47	0.87	0.31	0.31
Other Current Liab	-0.49	-0.83		0.33	-0.45	0.24	-0.81	-0.49	0.43	-0.48	-0.73	0.43	-0.39	-0.17	-0.66	-0.62	0.38	0.54	0.75	-0.88	0.84	0.8	0.25	-0.68	-0.15	-0.15
Total Current Liabilities	0.48	-0.15	0.33		0.48	0.84	-0.26	0.36	0.37	0.48	-0.03	0.37	0.54	0.5	0.19	0.22	-0.19	0.86	0.62	-0.23	0.11	0.71	0.34	0.15	0.81	0.81
Total Stockholder Equity	0.99	0.66	-0.45	0.48		0.36	0.54	0.94	-0.1	0.99	0.79	-0.1	0.96	0.54	0.84	0.92	-0.71	0.27	-0.09	0.6	-0.67	-0.03	-0.12	0.82	0.79	0.79
Property Plant And Equipment Net	0.33	-0.22	0.24	0.84	0.36		-0.39	0.11	0.53	0.31	-0.17	0.53	0.4	0.77	0.01	0.02	0.21	0.69	0.63	-0.3	0.22	0.62	0.63	0.0	0.83	0.83
Net Debt	0.6	0.93	-0.81	-0.26	0.54	-0.39		0.69	-0.72	0.6	0.78	-0.72	0.55	0.03	0.79	0.79	-0.67	-0.4	-0.71	0.85	-0.83	-0.69	-0.41	0.81	0.14	0.14
Retained Earnings	0.96	0.74	-0.49	0.36	0.94	0.11	0.69		-0.32	0.97	0.84	-0.32	0.94	0.28	0.92	0.98	-0.88	0.21	-0.21	0.65	-0.72	-0.11	-0.29	0.86	0.63	0.63
Cash	-0.13	-0.41	0.43	0.37	-0.1	0.53	-0.72	-0.32		-0.16	-0.34	1.0	-0.17	0.37	-0.32	-0.38	0.47	0.44	0.57	-0.42	0.39	0.47	0.14	-0.37	0.23	0.23
Non Current Assets Total	1.0	0.7	-0.48	0.48	0.99	0.31	0.6	0.97	-0.16		0.81	-0.16	0.97	0.48	0.89	0.94	-0.75	0.28	-0.14	0.62	-0.7	-0.06	-0.16	0.85	0.77	0.77
Non Currrent Assets Other	0.79	0.84	-0.73	-0.03	0.79	-0.17	0.78	0.84	-0.34	0.81		-0.34	0.69	0.15	0.82	0.89	-0.74	-0.26	-0.61	0.87	-0.93	-0.54	-0.49	0.76	0.33	0.33
Cash And Short Term Investments	-0.13	-0.41	0.43	0.37	-0.1	0.53	-0.72	-0.32	1.0	-0.16	-0.34		-0.17	0.37	-0.32	-0.38	0.47	0.44	0.57	-0.42	0.39	0.47	0.14	-0.37	0.23	0.23
Net Receivables	0.98	0.63	-0.39	0.54	0.96	0.4	0.55	0.94	-0.17	0.97	0.69	-0.17		0.52	0.87	0.91	-0.73	0.4	0.02	0.48	-0.57	0.08	-0.02	0.81	0.82	0.83
Common Stock Shares Outstanding	0.51	0.24	-0.17	0.5	0.54	0.77	0.03	0.28	0.37	0.48	0.15	0.37	0.52		0.26	0.28	0.15	0.31	0.22	0.18	-0.13	0.16	0.41	0.36	0.81	0.81
Non Current Liabilities Total	0.9	0.87	-0.66	0.19	0.84	0.01	0.79	0.92	-0.32	0.89	0.82	-0.32	0.87	0.26		0.95	-0.81	0.12	-0.31	0.7	-0.76	-0.28	-0.35	0.89	0.54	0.54
Other Current Assets	0.94	0.84	-0.62	0.22	0.92	0.02	0.79	0.98	-0.38	0.94	0.89	-0.38	0.91	0.28	0.95		-0.87	0.06	-0.34	0.76	-0.8	-0.27	-0.35	0.9	0.56	0.56
Other Stockholder Equity	-0.74	-0.63	0.38	-0.19	-0.71	0.21	-0.67	-0.88	0.47	-0.75	-0.74	0.47	-0.73	0.15	-0.81	-0.87		-0.14	0.22	-0.56	0.62	0.12	0.53	-0.71	-0.3	-0.3
Total Liab	0.29	-0.29	0.54	0.86	0.27	0.69	-0.4	0.21	0.44	0.28	-0.26	0.44	0.4	0.31	0.12	0.06	-0.14		0.84	-0.49	0.41	0.89	0.29	-0.03	0.61	0.6
Total Current Assets	-0.12	-0.63	0.75	0.62	-0.09	0.63	-0.71	-0.21	0.57	-0.14	-0.61	0.57	0.02	0.22	-0.31	-0.34	0.22	0.84		-0.76	0.77	0.96	0.46	-0.41	0.33	0.33
Short Term Debt	0.61	0.89	-0.88	-0.23	0.6	-0.3	0.85	0.65	-0.42	0.62	0.87	-0.42	0.48	0.18	0.7	0.76	-0.56	-0.49	-0.76		-0.92	-0.75	-0.51	0.79	0.18	0.18
Inventory	-0.69	-0.88	0.84	0.11	-0.67	0.22	-0.83	-0.72	0.39	-0.7	-0.93	0.39	-0.57	-0.13	-0.76	-0.8	0.62	0.41	0.77	-0.92		0.72	0.47	-0.8	-0.25	-0.26
Intangible Assets	-0.05	-0.65	0.8	0.71	-0.03	0.62	-0.69	-0.11	0.47	-0.06	-0.54	0.47	0.08	0.16	-0.28	-0.27	0.12	0.89	0.96	-0.75	0.72		0.44	-0.38	0.35	0.35
Accounts Payable	-0.15	-0.47	0.25	0.34	-0.12	0.63	-0.41	-0.29	0.14	-0.16	-0.49	0.14	-0.02	0.41	-0.35	-0.35	0.53	0.29	0.46	-0.51	0.47	0.44		-0.31	0.31	0.31
Property Plant And Equipment Gross	0.86	0.87	-0.68	0.15	0.82	0.0	0.81	0.86	-0.37	0.85	0.76	-0.37	0.81	0.36	0.89	0.9	-0.71	-0.03	-0.41	0.79	-0.8	-0.38	-0.31		0.53	0.53
Common Stock Total Equity	0.78	0.31	-0.15	0.81	0.79	0.83	0.14	0.63	0.23	0.77	0.33	0.23	0.82	0.81	0.54	0.56	-0.3	0.61	0.33	0.18	-0.25	0.35	0.31	0.53		1.0
Common Stock	0.79	0.31	-0.15	0.81	0.79	0.83	0.14	0.63	0.23	0.77	0.33	0.23	0.83	0.81	0.54	0.56	-0.3	0.6	0.33	0.18	-0.26	0.35	0.31	0.53	1.0

Click cells to compare fundamentals

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	3.2B	3.3B
Other Current Liab	166.7M	106.7M	120.6M	(399.7M)	(359.8M)	(341.8M)
Total Current Liabilities	566.5M	520.9M	543.8M	399.7M	459.7M	269.8M
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	236.5M	173.7M
Net Debt	(213.0M)	49.2M	66.3M	262.8M	302.2M	317.3M
Retained Earnings	2.2B	2.4B	2.6B	2.9B	3.3B	3.4B
Cash	213.3M	51.0M	48.8M	12.2M	14.1M	13.4M
Non Current Assets Total	1.9B	1.8B	1.8B	2.1B	2.5B	2.6B
Non Currrent Assets Other	488.9M	376.4M	58.1M	771.2M	886.8M	931.2M
Cash And Short Term Investments	213.3M	51.0M	48.8M	12.2M	14.1M	13.4M
Net Receivables	300.9M	336.8M	361.9M	361.3M	415.4M	436.2M
Common Stock Shares Outstanding	76.9M	75.7M	73.5M	73.1M	84.1M	85.5M
Liabilities And Stockholders Equity	2.4B	2.3B	2.5B	2.8B	3.2B	3.3B
Non Current Liabilities Total	312.3M	496.0M	530.1M	641.6M	737.8M	774.7M
Other Current Assets	154.8M	186.2M	202.8M	254.5M	292.6M	307.3M
Other Stockholder Equity	(686.7M)	(1.1B)	(1.3B)	(1.2B)	(1.1B)	(1.1B)
Total Liab	878.8M	1.0B	1.1B	399.7M	459.7M	393.7M
Total Current Assets	514.3M	543.7M	613.5M	12.2M	14.1M	13.4M
Inventory	(154.8M)	(30.2M)	1.0	(615.7M)	(554.1M)	(526.4M)
Intangible Assets	465.5M	476.1M	505.6M	20.0M	23.0M	21.8M
Accounts Payable	9.9M	18.5M	21.0M	19.2M	22.0M	33.2M
Property Plant And Equipment Gross	273.4M	252.5M	666.6M	672.4M	773.2M	811.9M
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	1.2M	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	459.7M	328.1M
Good Will	666.9M	686.3M	687.5M	804.8M	925.5M	496.6M
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
Deferred Long Term Liab	113.5M	127.2M	143.8M	244.4M	281.1M	218.1M

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When determining whether Jack Henry Associates offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jack Henry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jack Henry Associates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jack Henry Associates Stock:

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What is Jack Henry's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the Jack Henry Associates information on this page should be used as a complementary analysis to other Jack Henry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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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Is Jack Henry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jack Henry. If investors know Jack will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jack Henry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.145

Dividend Share

2.08

Earnings Share

5.11

Revenue Per Share

29.641

Quarterly Revenue Growth

0.08

The market value of Jack Henry Associates is measured differently than its book value, which is the value of Jack that is recorded on the company's balance sheet. Investors also form their own opinion of Jack Henry's value that differs from its market value or its book value, called intrinsic value, which is Jack Henry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jack Henry's market value can be influenced by many factors that don't directly affect Jack Henry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Jack Henry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jack Henry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jack Henry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Jack Asset Turnover vs Gross Profit Analysis

Asset Turnover vs Gross Profit

Asset Turnover vs Gross Profit Correlation Analysis

Correlation Coefficient

Asset Turnover

Gross Profit

Jack Henry fundamental ratios Correlations

Jack Henry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jack Henry fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Jack Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.98	Total Assets

Inventory	- 0.93	Non Currrent Assets Other
Inventory	- 0.92	Short Term Debt
Other Stockholder Equity	- 0.88	Retained Earnings
Short Term Debt	- 0.88	Other Current Liab
Inventory	- 0.88	Short Long Term Debt Total
Other Stockholder Equity	- 0.87	Other Current Assets