Jack Change In Cash vs Depreciation Analysis

JKHY Stock  USD 176.74  0.75  0.43%   
Jack Henry financial indicator trend analysis is infinitely more than just investigating Jack Henry Associates recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jack Henry Associates is a good investment. Please check the relationship between Jack Henry Change In Cash and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Change In Cash vs Depreciation

Change In Cash vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jack Henry Associates Change In Cash account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jack Henry's Change In Cash and Depreciation is -0.04. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Jack Henry Associates, assuming nothing else is changed. The correlation between historical values of Jack Henry's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Jack Henry Associates are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Jack Henry's Change In Cash and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Depreciation

Depreciation indicates how much of Jack Henry Associates value has been used up. For tax purposes Jack Henry can deduct the cost of the tangible assets it purchases as business expenses. However, Jack Henry Associates must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Jack Henry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jack Henry Associates current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Jack Henry's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 9.9 B in 2024, whereas Tax Provision is likely to drop slightly above 102.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit814.3M858.6M916.1M961.9M
Total Revenue1.9B2.1B2.2B2.3B

Jack Henry fundamental ratios Correlations

0.490.160.850.980.420.480.960.01.00.780.010.730.390.830.93-0.750.770.550.35-0.480.66-0.120.830.81-0.71
0.49-0.510.080.42-0.130.750.51-0.260.460.69-0.260.34-0.060.710.59-0.51-0.02-0.290.83-0.84-0.21-0.340.620.22-0.39
0.16-0.510.440.20.05-0.180.210.090.18-0.080.09-0.040.06-0.110.11-0.180.590.67-0.50.530.74-0.120.050.12-0.15
0.850.080.440.840.640.130.750.190.860.430.190.640.580.540.66-0.470.910.730.01-0.120.830.150.610.86-0.43
0.980.420.20.840.410.460.940.010.980.790.010.680.410.740.92-0.720.730.570.3-0.460.69-0.120.820.79-0.71
0.42-0.130.050.640.41-0.360.180.490.4-0.120.490.680.780.160.10.170.510.52-0.010.140.390.610.080.860.1
0.480.75-0.180.130.46-0.360.61-0.690.490.67-0.690.15-0.210.620.71-0.690.11-0.120.54-0.620.08-0.40.740.09-0.52
0.960.510.210.750.940.180.61-0.220.960.86-0.210.650.140.840.98-0.90.710.470.36-0.510.64-0.280.850.64-0.84
0.0-0.260.090.190.010.49-0.69-0.22-0.03-0.211.00.060.51-0.14-0.270.420.190.31-0.310.210.10.09-0.250.280.23
1.00.460.180.860.980.40.490.96-0.030.8-0.030.710.360.810.93-0.770.760.520.34-0.50.67-0.130.820.79-0.72
0.780.69-0.080.430.79-0.120.670.86-0.210.8-0.210.43-0.10.740.89-0.860.320.050.5-0.810.27-0.540.770.34-0.83
0.01-0.260.090.190.010.49-0.69-0.211.0-0.03-0.210.060.51-0.14-0.270.420.20.31-0.310.210.10.09-0.250.280.23
0.730.34-0.040.640.680.680.150.650.060.710.430.060.320.680.6-0.480.550.40.37-0.290.360.20.470.84-0.5
0.39-0.060.060.580.410.78-0.210.140.510.36-0.10.510.320.090.110.250.440.52-0.10.120.390.50.20.720.17
0.830.71-0.110.540.740.160.620.84-0.140.810.74-0.140.680.090.86-0.790.590.290.52-0.550.35-0.280.760.57-0.7
0.930.590.110.660.920.10.710.98-0.270.930.89-0.270.60.110.86-0.920.620.40.39-0.560.56-0.340.890.58-0.85
-0.75-0.51-0.18-0.47-0.720.17-0.69-0.90.42-0.77-0.860.42-0.480.25-0.79-0.92-0.5-0.25-0.30.5-0.450.52-0.73-0.310.94
0.77-0.020.590.910.730.510.110.710.190.760.320.20.550.440.590.62-0.50.88-0.120.120.920.050.540.74-0.44
0.55-0.290.670.730.570.52-0.120.470.310.520.050.310.40.520.290.4-0.250.88-0.350.450.920.210.320.64-0.28
0.350.83-0.50.010.3-0.010.540.36-0.310.340.5-0.310.37-0.10.520.39-0.3-0.12-0.35-0.72-0.260.010.40.18-0.12
-0.48-0.840.53-0.12-0.460.14-0.62-0.510.21-0.5-0.810.21-0.290.12-0.55-0.560.50.120.45-0.720.250.41-0.57-0.170.44
0.66-0.210.740.830.690.390.080.640.10.670.270.10.360.390.350.56-0.450.920.92-0.260.250.070.470.6-0.41
-0.12-0.34-0.120.15-0.120.61-0.4-0.280.09-0.13-0.540.090.20.5-0.28-0.340.520.050.210.010.410.07-0.290.310.54
0.830.620.050.610.820.080.740.85-0.250.820.77-0.250.470.20.760.89-0.730.540.320.4-0.570.47-0.290.55-0.61
0.810.220.120.860.790.860.090.640.280.790.340.280.840.720.570.58-0.310.740.640.18-0.170.60.310.55-0.32
-0.71-0.39-0.15-0.43-0.710.1-0.52-0.840.23-0.72-0.830.23-0.50.17-0.7-0.850.94-0.44-0.28-0.120.44-0.410.54-0.61-0.32
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Jack Henry Account Relationship Matchups

Jack Henry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.3B2.5B2.8B2.9B3.1B
Other Current Liab166.7M182.5M192.0M(399.7M)192.3M201.9M
Total Current Liabilities566.5M520.9M543.8M399.7M633.8M665.5M
Total Stockholder Equity1.5B1.3B1.4B1.6B1.8B1.9B
Property Plant And Equipment Net273.4M252.5M211.7M205.7M269.1M176.8M
Net Debt(213.0M)49.2M66.3M262.8M171.3M179.9M
Retained Earnings2.2B2.4B2.6B2.9B3.1B3.2B
Cash213.3M51.0M48.8M12.2M38.3M52.3M
Non Current Assets Total1.9B1.8B1.8B2.1B2.3B2.4B
Non Currrent Assets Other488.9M258.5M302.0M771.2M546.9M574.3M
Cash And Short Term Investments213.3M51.0M48.8M12.2M38.3M52.8M
Net Receivables300.9M306.6M348.1M361.3M333.0M171.0M
Common Stock Shares Outstanding76.9M75.7M73.5M73.1M73.0M85.3M
Liabilities And Stockholders Equity2.4B2.3B2.5B2.8B2.9B3.1B
Non Current Liabilities Total312.3M496.0M530.1M641.6M448.3M470.7M
Other Current Assets154.8M186.2M216.7M254.5M254.6M267.3M
Other Stockholder Equity(686.7M)(1.1B)(1.3B)(1.2B)(1.2B)(1.2B)
Total Liab878.8M1.0B1.1B399.7M1.1B1.1B
Total Current Assets514.3M543.7M613.5M12.2M632.0M663.6M
Intangible Assets465.5M476.1M505.6M20.0M671.7M705.3M
Accounts Payable9.9M18.5M21.0M19.2M25.3M33.1M
Property Plant And Equipment Gross273.4M252.5M666.6M672.4M701.2M736.3M
Common Stock Total Equity1.0M1.0M1.0M1.0M1.2M1.0M
Common Stock1.0M1.0M1.0M1.0M1.0M1.0M
Other Liab327.1M346.6M374.3M326.1M375.0M393.7M
Other Assets264.2M307.2M372.2M615.7M708.1M743.5M
Property Plant Equipment337.4M308.5M258.6M205.7M236.5M275.0M
Current Deferred Revenue389.6M395.6M402.2M399.7M317.7M328.9M
Good Will666.9M686.3M687.5M804.8M925.5M513.5M
Treasury Stock(1.1B)(1.1B)(1.2B)(1.8B)(1.6B)(1.6B)
Net Tangible Assets397.9M154.5M143.1M152.5M175.3M206.5M
Retained Earnings Total Equity1.9B2.1B2.2B2.9B3.3B3.4B
Capital Surpluse464.1M472.0M495.0M583.8M671.4M493.6M

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When running Jack Henry's price analysis, check to measure Jack Henry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.