| JKHY Stock | | | USD 173.96 0.86 0.50% |
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 Other Stockholder Equity and its Cash 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.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jack Henry Associates Other Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jack Henry's Other Stockholder Equity and Cash is 0.42. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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 Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Jack Henry Associates are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Jack Henry's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Jack Henry Associates, which is listed under current asset account on Jack Henry Associates balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jack Henry customers. The amounts must be unrestricted with restricted cash listed in a different Jack Henry account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
Jack Henry fundamental ratios Correlations
Click cells to compare fundamentals
Jack Henry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jack Henry fundamental ratios Accounts
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