Paylocity Holding Balance Sheet Health
Financial Health criteria checks 6/6
Paylocity Holding has a total shareholder equity of $1.0B 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 $3.2B respectively. Paylocity Holding's EBIT is $256.3M making its interest coverage ratio 338.1. It has cash and short-term investments of $401.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 338.1x |
| Cash | US$401.81m |
| Equity | US$1.03b |
| Total liabilities | US$3.21b |
| Total assets | US$4.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCTY *'s short term assets ($3.5B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: PCTY *'s short term assets ($3.5B) exceed its long term liabilities ($95.0M).
Debt to Equity History and Analysis
Debt Level: PCTY * is debt free.
Reducing Debt: PCTY * had no debt 5 years ago.
Debt Coverage: PCTY * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PCTY * has no debt, therefore coverage of interest payments is not a concern.