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
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 12Recent updates
Pinning Down Jack Henry & Associates, Inc.'s (NASDAQ:JKHY) P/E Is Difficult Right Now
Oct 08With EPS Growth And More, Jack Henry & Associates (NASDAQ:JKHY) Makes An Interesting Case
Sep 02Jack Henry & Associates: A Quality Firm At A Price That Is Difficult To Justify
Aug 23Jack Henry & Associates: Steady Excellence Trading At A Fair Valuation
Jul 17The Price Is Right For Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Jun 21Jack Henry & Associates, Inc. (NASDAQ:JKHY) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 12With 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 08Financial Position Analysis
Short Term Liabilities: JKHY's short term assets ($632.0M) do not cover its short term liabilities ($633.8M).
Long Term Liabilities: JKHY's short term assets ($632.0M) exceed its long term liabilities ($448.3M).
Debt to Equity History and Analysis
Debt Level: JKHY's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: JKHY's debt to equity ratio has increased from 0% to 8.1% over the past 5 years.
Debt Coverage: JKHY's debt is well covered by operating cash flow (378.7%).
Interest Coverage: JKHY earns more interest than it pays, so coverage of interest payments is not a concern.