Paylocity Holding Balance Sheet Health
Financial Health criteria checks 6/6
Paylocity Holding has a total shareholder equity of $986.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.5B and $3.5B respectively. Paylocity Holding's EBIT is $220.6M making its interest coverage ratio 292.6. It has cash and short-term investments of $366.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 292.6x |
Cash | US$366.90m |
Equity | US$986.77m |
Total liabilities | US$3.51b |
Total assets | US$4.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0P7's short term assets ($3.8B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: 0P7's short term assets ($3.8B) exceed its long term liabilities ($83.1M).
Debt to Equity History and Analysis
Debt Level: 0P7 is debt free.
Reducing Debt: 0P7 had no debt 5 years ago.
Debt Coverage: 0P7 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0P7 has no debt, therefore coverage of interest payments is not a concern.