Paycom Software Balance Sheet Health
Financial Health criteria checks 6/6
Paycom Software has a total shareholder equity of $1.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.5B and $2.0B respectively. Paycom Software's EBIT is $592.6M making its interest coverage ratio 82.1. It has cash and short-term investments of $325.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 82.1x |
| Cash | US$325.76m |
| Equity | US$1.46b |
| Total liabilities | US$2.03b |
| Total assets | US$3.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0PY's short term assets ($2.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: 0PY's short term assets ($2.0B) exceed its long term liabilities ($368.2M).
Debt to Equity History and Analysis
Debt Level: 0PY is debt free.
Reducing Debt: 0PY has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: 0PY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0PY has no debt, therefore coverage of interest payments is not a concern.