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 $255.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are $2.8B and $1.0B respectively. Jack Henry & Associates's EBIT is $484.3M making its interest coverage ratio 672.6. It has cash and short-term investments of $26.7M.
Key information
14.8%
Debt to equity ratio
US$255.00m
Debt
| Interest coverage ratio | 672.6x |
| Cash | US$26.71m |
| Equity | US$1.72b |
| Total liabilities | US$1.03b |
| Total assets | US$2.75b |
Recent financial health updates
Jack Henry & Associates (NASDAQ:JKHY) Has A Rock Solid Balance Sheet
Jan 11
Jack Henry & Associates (NASDAQ:JKHY) Seems To Use Debt Rather Sparingly
Oct 12Jack Henry & Associates (NASDAQ:JKHY) Could Easily Take On More Debt
Jul 12Is Jack Henry & Associates (NASDAQ:JKHY) Using Too Much Debt?
Mar 15Recent updates
With EPS Growth And More, Jack Henry & Associates (NASDAQ:JKHY) Makes An Interesting Case
Apr 23Jack Henry & Associates: Steady Compounder With A Strong Moat
Apr 05Results: Jack Henry & Associates, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 12Jack Henry & Associates: Compounding In The Fintech Niche
Feb 04There's Reason For Concern Over Jack Henry & Associates, Inc.'s (NASDAQ:JKHY) Price
Jan 08Jack Henry & Associates' (NASDAQ:JKHY) Dividend Will Be Increased To $0.52
Feb 16Jack Henry & Associates (NASDAQ:JKHY) Has A Rock Solid Balance Sheet
Jan 11Jack Henry & Associates (NASDAQ:JKHY) Knows How To Allocate Capital
Dec 27Is Now The Time To Put Jack Henry & Associates (NASDAQ:JKHY) On Your Watchlist?
Dec 12There Could Be A Chance Jack Henry & Associates, Inc.'s (NASDAQ:JKHY) CEO Will Have Their Compensation Increased
Nov 09Jack Henry & Associates (NASDAQ:JKHY) Seems To Use Debt Rather Sparingly
Oct 12Jack Henry & Associates: Slow And Steady Wins The Race
Oct 01Shareholders Are Optimistic That Jack Henry & Associates (NASDAQ:JKHY) Will Multiply In Value
Sep 27Does Jack Henry & Associates (NASDAQ:JKHY) Deserve A Spot On Your Watchlist?
Sep 12Jack Henry & Associates reiterates FY EPS outlook
Sep 01Jack Henry & Associates declares $0.49 dividend
Aug 22Jack Henry & Associates Q4 2022 Earnings Preview
Aug 15Jack Henry & Associates picks industry veteran for CFO role
Aug 08Jack Henry & Associates (NASDAQ:JKHY) Could Easily Take On More Debt
Jul 12Jack Henry & Associates (NASDAQ:JKHY) Is Reinvesting To Multiply In Value
Jun 29Jack Henry & Associates, Inc. (NASDAQ:JKHY) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jun 13Jack Henry & Associates: When Quality And Value Diverge
Jun 08Does Jack Henry & Associates (NASDAQ:JKHY) Deserve A Spot On Your Watchlist?
May 31Jack Henry & Associates (NASDAQ:JKHY) Is Reinvesting To Multiply In Value
Mar 30Is Jack Henry & Associates (NASDAQ:JKHY) Using Too Much Debt?
Mar 15I Ran A Stock Scan For Earnings Growth And Jack Henry & Associates (NASDAQ:JKHY) Passed With Ease
Mar 02Financial Position Analysis
Short Term Liabilities: JKHY's short term assets ($554.3M) exceed its short term liabilities ($404.0M).
Long Term Liabilities: JKHY's short term assets ($554.3M) do not cover its long term liabilities ($625.6M).
Debt to Equity History and Analysis
Debt Level: JKHY's net debt to equity ratio (13.2%) 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 (168.4%).
Interest Coverage: JKHY's interest payments on its debt are well covered by EBIT (672.6x coverage).