Paycom Software Balance Sheet Health
Financial Health criteria checks 6/6
Paycom Software has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.2B and $2.9B respectively. Paycom Software's EBIT is $451.3M making its interest coverage ratio 234.2. It has cash and short-term investments of $294.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 234.2x |
Cash | US$294.03m |
Equity | US$1.30b |
Total liabilities | US$2.89b |
Total assets | US$4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KGH's short term assets ($2.8B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: 0KGH's short term assets ($2.8B) exceed its long term liabilities ($359.9M).
Debt to Equity History and Analysis
Debt Level: 0KGH is debt free.
Reducing Debt: 0KGH has no debt compared to 5 years ago when its debt to equity ratio was 10.3%.
Debt Coverage: 0KGH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 0KGH has no debt, therefore coverage of interest payments is not a concern.