Jack Henry & Associates Balance Sheet Health
Financial Health criteria checks 4/6
Jack Henry & Associates has a total shareholder equity of $1.7B and total debt of $245.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are $2.7B and $1.1B respectively. Jack Henry & Associates's EBIT is $472.7M making its interest coverage ratio 114.1. It has cash and short-term investments of $31.5M.
Key information
14.8%
Debt to equity ratio
US$245.00m
Debt
| Interest coverage ratio | 114.1x |
| Cash | US$31.47m |
| Equity | US$1.66b |
| Total liabilities | US$1.07b |
| Total assets | US$2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JKHY *'s short term assets ($563.5M) exceed its short term liabilities ($470.6M).
Long Term Liabilities: JKHY *'s short term assets ($563.5M) do not cover its long term liabilities ($603.7M).
Debt to Equity History and Analysis
Debt Level: JKHY *'s net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: JKHY *'s debt to equity ratio has increased from 0% to 14.8% over the past 5 years.
Debt Coverage: JKHY *'s debt is well covered by operating cash flow (164%).
Interest Coverage: JKHY *'s interest payments on its debt are well covered by EBIT (114.1x coverage).