Paycom Software Balance Sheet Health
Financial Health criteria checks 6/6
Paycom Software has a total shareholder equity of $1.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.7B and $3.3B respectively. Paycom Software's EBIT is $576.7M making its interest coverage ratio 308.1. It has cash and short-term investments of $371.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 308.1x |
Cash | US$371.33m |
Equity | US$1.44b |
Total liabilities | US$3.30b |
Total assets | US$4.73b |
Recent financial health updates
Does Paycom Software (NYSE:PAYC) Have A Healthy Balance Sheet?
Oct 22We Think Paycom Software (NYSE:PAYC) Can Manage Its Debt With Ease
Jun 19Paycom Software (NYSE:PAYC) Seems To Use Debt Rather Sparingly
Mar 12Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Paycom Software (NYSE:PAYC)
May 22Paycom: Initiating Buy On Strong Growth Tailwind And BETI Pricing Power
May 21Paycom Software (NYSE:PAYC) Will Pay A Dividend Of $0.375
May 04Unpleasant Surprises Could Be In Store For Paycom Software, Inc.'s (NYSE:PAYC) Shares
Mar 28Paycom: An Investment With Dividend Growth Potential
Mar 28Is There An Opportunity With Paycom Software, Inc.'s (NYSE:PAYC) 37% Undervaluation?
Mar 13Paycom Software Q4: Revenue Growth Has To Reaccelerate
Mar 05Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?
Feb 27Paycom: BETI Continues To Cannibalise And FY24 Is Expected To Be Weak
Feb 24Paycom: Undemanding Valuation For A Quality SaaS Stock
Jan 29Returns On Capital Signal Tricky Times Ahead For Paycom Software (NYSE:PAYC)
Jan 25Paycom: BETI Looks Good Long-Term
Jan 22Paycom Software: Focus On The Bigger Picture
Jan 10Earnings Not Telling The Story For Paycom Software, Inc. (NYSE:PAYC)
Dec 25Paycom: BETI Was A Double-Edged Sword
Dec 06Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?
Nov 27Paycom Gives Me Flashbacks Of DocuSign Crash: Shares Are Not A Buy
Nov 08Paycom Stock Tumbles: Upgrade To Strong Buy, $400 Million Net Cash, GAAP Profitability
Nov 01Does Paycom Software (NYSE:PAYC) Have A Healthy Balance Sheet?
Oct 22Paycom Software: Fundamentals Remain Strong, Reiterate Buy
Oct 03Some Investors May Be Worried About Paycom Software's (NYSE:PAYC) Returns On Capital
Sep 21Are Investors Undervaluing Paycom Software, Inc. (NYSE:PAYC) By 40%?
Sep 03Paycom: A Positive Opportunity After Q2
Aug 29Why Paycom Software, Inc. (NYSE:PAYC) Could Be Worth Watching
Aug 18Paycom Crashes 20%: A Post-Earnings Analysis
Aug 02Paycom Software: Earnings Preview; Valuation Nearing Target
Jul 27We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease
Jul 19Paycom: Initiated A Dividend, Plus Strong FCF
Jul 05Paycom Software: International Opportunity Expands TAM And Growth Runway
Jun 21We Think Paycom Software (NYSE:PAYC) Can Manage Its Debt With Ease
Jun 19Paycom Software (NYSE:PAYC) Is Aiming To Keep Up Its Impressive Returns
Jun 05Paycom: A Highly Efficient Growth Company
May 26A Look At The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)
May 20Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?
May 08We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease
Apr 12Paycom Software (NYSE:PAYC) Seems To Use Debt Rather Sparingly
Mar 12Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital Effectively
Feb 28Calculating The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)
Feb 16Paycom Software: Power To The Employees
Feb 06Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?
Feb 02Paycom Performs Way Ahead Of Expectations
Jan 26Is Now The Time To Put Paycom Software (NYSE:PAYC) On Your Watchlist?
Dec 25Here's What's Concerning About Paycom Software's (NYSE:PAYC) Returns On Capital
Nov 28Financial Position Analysis
Short Term Liabilities: PAYC's short term assets ($3.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: PAYC's short term assets ($3.3B) exceed its long term liabilities ($352.9M).
Debt to Equity History and Analysis
Debt Level: PAYC is debt free.
Reducing Debt: PAYC has no debt compared to 5 years ago when its debt to equity ratio was 8.5%.
Debt Coverage: PAYC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAYC has no debt, therefore coverage of interest payments is not a concern.