Jack Henry & Associates Balance Sheet Health
Financial Health criteria checks 5/6
Jack Henry & Associates has a total shareholder equity of $1.9B and total debt of $140.0M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are $2.9B and $1.0B respectively. Jack Henry & Associates's EBIT is $508.0M making its interest coverage ratio -37.3. It has cash and short-term investments of $43.2M.
Key information
7.3%
Debt to equity ratio
US$140.00m
Debt
| Interest coverage ratio | -37.3x |
| Cash | US$43.21m |
| Equity | US$1.93b |
| Total liabilities | US$1.00b |
| Total assets | US$2.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JHY's short term assets ($634.5M) exceed its short term liabilities ($570.7M).
Long Term Liabilities: JHY's short term assets ($634.5M) exceed its long term liabilities ($432.8M).
Debt to Equity History and Analysis
Debt Level: JHY's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: JHY's debt to equity ratio has increased from 0% to 7.3% over the past 5 years.
Debt Coverage: JHY's debt is well covered by operating cash flow (377%).
Interest Coverage: JHY earns more interest than it pays, so coverage of interest payments is not a concern.