Paylocity Holding Balance Sheet Health
Financial Health criteria checks 6/6
Paylocity Holding has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.0B and $3.9B respectively. Paylocity Holding's EBIT is $246.5M making its interest coverage ratio 326.1. It has cash and short-term investments of $492.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 326.1x |
Cash | US$492.70m |
Equity | US$1.10b |
Total liabilities | US$3.85b |
Total assets | US$4.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P2CY34's short term assets ($4.2B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: P2CY34's short term assets ($4.2B) exceed its long term liabilities ($88.4M).
Debt to Equity History and Analysis
Debt Level: P2CY34 is debt free.
Reducing Debt: P2CY34 had no debt 5 years ago.
Debt Coverage: P2CY34 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: P2CY34 has no debt, therefore coverage of interest payments is not a concern.