Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Jack Henry & Associates's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Jack Henry & Associates couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Jack Henry & Associates's Cash-to-Debt or its related term are showing as below:
JKHY'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 1.15 Max: No Debt
Current: 0.11
During the past 13 years, Jack Henry & Associates's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 1.15.
Jack Henry & Associates Cash-to-Debt Historical Data
The historical data trend for Jack Henry & Associates's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
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Jack Henry & Associates Annual Data
|
|
Trend |
Jun14 |
Jun15 |
Jun16 |
Jun17 |
Jun18 |
Jun19 |
Jun20 |
Jun21 |
Jun22 |
Jun23 |
| Cash-to-Debt |
|
|
|
|
|
|
No Debt |
660.51 |
0.51 |
0.42 |
0.05 |
|
Jack Henry & Associates Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.09 |
0.07 |
0.05 |
0.13 |
0.11 |
Competitive Comparison
For the Information Technology Services subindustry, Jack Henry & Associates's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Jack Henry & Associates Cash-to-Debt Distribution
For the Software industry and Technology sector, Jack Henry & Associates's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Jack Henry & Associates's Cash-to-Debt falls into.
Jack Henry & Associates Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Jack Henry & Associates's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:
Jack Henry & Associates's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Jack Henry & Associates (Jack Henry & Associates) Business Description
Traded in Other Exchanges
Address
663 Highway 60, P.O. Box 807, Monett, MO, USA, 65708
Jack Henry is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing for U.S. banks and credit unions, with a focus on small and midsize banks. Jack Henry serves almost 1,000 banks and over 700 credit unions.
Executives
| Stacey E. Zengel |
officer: Vice President |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Thomas A Wimsett |
director |
|
| Laura G. Kelly |
director |
PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708 |
| David B Foss |
officer: PRESIDENT |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Mimi Carsley |
officer: CFO and Treasurer |
6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038 |
| Renee Ann Swearingen |
officer: Sr VP & Chief Accounting Offic |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Gregory R. Adelson |
officer: Vice President |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Wilson Thomas Hampton Jr. |
director |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Curtis A Campbell |
director |
6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038 |
| John F Prim |
officer: PRESIDENT |
PO BOX 807-663 HWY 60, MONETT MO 65708 |
| Steven W. Tomson |
officer: VICE PRESIDENT |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Kevin D Williams |
officer: CHIEF FINANCIAL OFFICER |
PO BOX 807-663 HWY 60, MONETT MO 65708 |
| Mark S Forbis |
officer: IMAGE DEPARTMENT MANAGER |
663 HWY 60, PO BOX 807, MONETT MO 65708 |
| Ronald L. Moses |
officer: Vice President |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
| Wesley A Brown |
director |
PO BOX 807, 663 HWY 60, MONETT MO 65708 |
Jack Henry & Associates (Jack Henry & Associates) Headlines
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