Jack Henry & Associates's Total Assets for the quarter that ended in Dec. 2023 was $2,754 Mil.
During the past 12 months, Jack Henry & Associates's average Total Assets Growth Rate was 6.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.
During the past 13 years, Jack Henry & Associates's highest 3-Year average Total Assets Growth Rate was 85.70%. The lowest was -11.60%. And the median was 15.60%.
Total Assets is connected with ROA %. Jack Henry & Associates's annualizedROA % for the quarter that ended in Dec. 2023 was 13.41%. Total Assets is also linked to Revenue through Asset Turnover. Jack Henry & Associates's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.
Jack Henry & Associates Total Assets Historical Data
The historical data trend for Jack Henry & Associates's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Jack Henry & Associates's Total Assets for the fiscal year that ended in Jun. 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 (NAS:JKHY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Jack Henry & Associates's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Jack Henry & Associates Total Assets Related Terms
Thank you for viewing the detailed overview of Jack Henry & Associates's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Jack Henry & Associates (Jack Henry & Associates) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JKHY has been successfully added to your 