Jack Asset Turnover vs Net Income Analysis

JKHY Stock  USD 173.73  1.47  0.85%   
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 Net Income 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 Net Income

Asset Turnover vs Net Income 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 Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jack Henry's Asset Turnover and Net Income is -0.28. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Income 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 Net Income 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 Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Asset Turnover i.e., Jack Henry's Asset Turnover and Net Income go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jack Henry Associates financial statement analysis. It represents the amount of money remaining after all of Jack Henry Associates operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
Selling General Administrative is likely to rise to about 284.1 M 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

0.72-0.490.480.990.330.60.96-0.131.00.79-0.130.980.510.90.94-0.740.29-0.120.61-0.69-0.05-0.150.860.780.79
0.72-0.83-0.150.66-0.220.930.74-0.410.70.84-0.410.630.240.870.84-0.63-0.29-0.630.89-0.88-0.65-0.470.870.310.31
-0.49-0.830.33-0.450.24-0.81-0.490.43-0.48-0.730.43-0.39-0.17-0.66-0.620.380.540.75-0.880.840.80.25-0.68-0.15-0.15
0.48-0.150.330.480.84-0.260.360.370.48-0.030.370.540.50.190.22-0.190.860.62-0.230.110.710.340.150.810.81
0.990.66-0.450.480.360.540.94-0.10.990.79-0.10.960.540.840.92-0.710.27-0.090.6-0.67-0.03-0.120.820.790.79
0.33-0.220.240.840.36-0.390.110.530.31-0.170.530.40.770.010.020.210.690.63-0.30.220.620.630.00.830.83
0.60.93-0.81-0.260.54-0.390.69-0.720.60.78-0.720.550.030.790.79-0.67-0.4-0.710.85-0.83-0.69-0.410.810.140.14
0.960.74-0.490.360.940.110.69-0.320.970.84-0.320.940.280.920.98-0.880.21-0.210.65-0.72-0.11-0.290.860.630.63
-0.13-0.410.430.37-0.10.53-0.72-0.32-0.16-0.341.0-0.170.37-0.32-0.380.470.440.57-0.420.390.470.14-0.370.230.23
1.00.7-0.480.480.990.310.60.97-0.160.81-0.160.970.480.890.94-0.750.28-0.140.62-0.7-0.06-0.160.850.770.77
0.790.84-0.73-0.030.79-0.170.780.84-0.340.81-0.340.690.150.820.89-0.74-0.26-0.610.87-0.93-0.54-0.490.760.330.33
-0.13-0.410.430.37-0.10.53-0.72-0.321.0-0.16-0.34-0.170.37-0.32-0.380.470.440.57-0.420.390.470.14-0.370.230.23
0.980.63-0.390.540.960.40.550.94-0.170.970.69-0.170.520.870.91-0.730.40.020.48-0.570.08-0.020.810.820.83
0.510.24-0.170.50.540.770.030.280.370.480.150.370.520.260.280.150.310.220.18-0.130.160.410.360.810.81
0.90.87-0.660.190.840.010.790.92-0.320.890.82-0.320.870.260.95-0.810.12-0.310.7-0.76-0.28-0.350.890.540.54
0.940.84-0.620.220.920.020.790.98-0.380.940.89-0.380.910.280.95-0.870.06-0.340.76-0.8-0.27-0.350.90.560.56
-0.74-0.630.38-0.19-0.710.21-0.67-0.880.47-0.75-0.740.47-0.730.15-0.81-0.87-0.140.22-0.560.620.120.53-0.71-0.3-0.3
0.29-0.290.540.860.270.69-0.40.210.440.28-0.260.440.40.310.120.06-0.140.84-0.490.410.890.29-0.030.610.6
-0.12-0.630.750.62-0.090.63-0.71-0.210.57-0.14-0.610.570.020.22-0.31-0.340.220.84-0.760.770.960.46-0.410.330.33
0.610.89-0.88-0.230.6-0.30.850.65-0.420.620.87-0.420.480.180.70.76-0.56-0.49-0.76-0.92-0.75-0.510.790.180.18
-0.69-0.880.840.11-0.670.22-0.83-0.720.39-0.7-0.930.39-0.57-0.13-0.76-0.80.620.410.77-0.920.720.47-0.8-0.25-0.26
-0.05-0.650.80.71-0.030.62-0.69-0.110.47-0.06-0.540.470.080.16-0.28-0.270.120.890.96-0.750.720.44-0.380.350.35
-0.15-0.470.250.34-0.120.63-0.41-0.290.14-0.16-0.490.14-0.020.41-0.35-0.350.530.290.46-0.510.470.44-0.310.310.31
0.860.87-0.680.150.820.00.810.86-0.370.850.76-0.370.810.360.890.9-0.71-0.03-0.410.79-0.8-0.38-0.310.530.53
0.780.31-0.150.810.790.830.140.630.230.770.330.230.820.810.540.56-0.30.610.330.18-0.250.350.310.531.0
0.790.31-0.150.810.790.830.140.630.230.770.330.230.830.810.540.56-0.30.60.330.18-0.260.350.310.531.0
Click cells to compare fundamentals

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
Inventory(154.8M)(30.2M)1.0(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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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:
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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
5.12
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.