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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1YC34's short term assets ($3.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: P1YC34's short term assets ($3.3B) exceed its long term liabilities ($352.9M).
Debt to Equity History and Analysis
Debt Level: P1YC34 is debt free.
Reducing Debt: P1YC34 has no debt compared to 5 years ago when its debt to equity ratio was 8.5%.
Debt Coverage: P1YC34 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: P1YC34 has no debt, therefore coverage of interest payments is not a concern.