Jack Henry & Associates Balance Sheet Health
Financial Health criteria checks 4/6
Jack Henry & Associates has a total shareholder equity of $1.8B and total debt of $150.0M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are $2.9B and $1.1B respectively. Jack Henry & Associates's EBIT is $489.4M making its interest coverage ratio -56.7. It has cash and short-term investments of $38.3M.
Key information
8.1%
Debt to equity ratio
US$150.00m
Debt
| Interest coverage ratio | -56.7x |
| Cash | US$38.28m |
| Equity | US$1.84b |
| Total liabilities | US$1.08b |
| Total assets | US$2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J1KH34's short term assets ($632.0M) do not cover its short term liabilities ($633.8M).
Long Term Liabilities: J1KH34's short term assets ($632.0M) exceed its long term liabilities ($448.3M).
Debt to Equity History and Analysis
Debt Level: J1KH34's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: J1KH34's debt to equity ratio has increased from 0% to 8.1% over the past 5 years.
Debt Coverage: J1KH34's debt is well covered by operating cash flow (378.7%).
Interest Coverage: J1KH34 earns more interest than it pays, so coverage of interest payments is not a concern.