Paylocity Holding Balance Sheet Health
Financial Health criteria checks 5/6
Paylocity Holding has a total shareholder equity of $1.1B and total debt of $325.0M, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are $4.0B and $2.9B respectively. Paylocity Holding's EBIT is $279.1M making its interest coverage ratio 288.4. It has cash and short-term investments of $778.5M.
Key information
29.4%
Debt to equity ratio
US$325.00m
Debt
| Interest coverage ratio | 288.4x |
| Cash | US$778.55m |
| Equity | US$1.11b |
| Total liabilities | US$2.92b |
| Total assets | US$4.02b |
Recent financial health updates
Recent updates
Does Paylocity Holding (NASDAQ:PCTY) Have A Healthy Balance Sheet?
Nov 21
Earnings Tell The Story For Paylocity Holding Corporation (NASDAQ:PCTY) As Its Stock Soars 29%
Nov 07Earnings Beat: Paylocity Holding Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 03Paylocity: A Storm On The Horizon?
Oct 05Investors Interested In Paylocity Holding Corporation's (NASDAQ:PCTY) Earnings
Sep 20Is Paylocity Holding Corporation (NASDAQ:PCTY) Trading At A 37% Discount?
Aug 23Paylocity: Underappreciated Durable Growth
Jul 21What Does Paylocity Holding Corporation's (NASDAQ:PCTY) Share Price Indicate?
Jul 02Paylocity Stock Deserves A Closer Look At A 4-Year Low
Jun 28Getting In Cheap On Paylocity Holding Corporation (NASDAQ:PCTY) Might Be Difficult
Jun 03Paylocity Holding Corporation's (NASDAQ:PCTY) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 02Paylocity Holding's (NASDAQ:PCTY) Performance Is Even Better Than Its Earnings Suggest
Feb 17Paylocity Holding Corporation Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 10Why Paylocity Holding Corporation (NASDAQ:PCTY) Could Be Worth Watching
Feb 05Paylocity: A Strong Buy That's Flying Under The Radar
Jan 26Investors Interested In Paylocity Holding Corporation's (NASDAQ:PCTY) Earnings
Jan 18Is There An Opportunity With Paylocity Holding Corporation's (NASDAQ:PCTY) 47% Undervaluation?
Dec 28Returns Are Gaining Momentum At Paylocity Holding (NASDAQ:PCTY)
Nov 14At US$182, Is Paylocity Holding Corporation (NASDAQ:PCTY) Worth Looking At Closely?
Oct 02A Look At The Intrinsic Value Of Paylocity Holding Corporation (NASDAQ:PCTY)
Aug 14Here's Why We Think Paylocity Holding (NASDAQ:PCTY) Might Deserve Your Attention Today
Jul 12Is Now An Opportune Moment To Examine Paylocity Holding Corporation (NASDAQ:PCTY)?
Jun 27A Look At The Intrinsic Value Of Paylocity Holding Corporation (NASDAQ:PCTY)
May 08Should You Be Adding Paylocity Holding (NASDAQ:PCTY) To Your Watchlist Today?
Mar 28We Think Shareholders Will Probably Be Generous With Paylocity Holding Corporation's (NASDAQ:PCTY) CEO Compensation
Nov 25Paylocity: A Massive Breakout Performer (Technical Analysis)
Oct 11Is Now The Time To Put Paylocity Holding (NASDAQ:PCTY) On Your Watchlist?
Sep 29Does This Valuation Of Paylocity Holding Corporation (NASDAQ:PCTY) Imply Investors Are Overpaying?
Aug 08Paylocity Non-GAAP EPS of $0.80 beats by $0.27, revenue of $228.9M beats by $10.94M
Aug 04Paylocity: Why I Won't Be Paying For This Stock
Jul 25Financial Position Analysis
Short Term Liabilities: PCTY's short term assets ($3.3B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: PCTY's short term assets ($3.3B) exceed its long term liabilities ($418.2M).
Debt to Equity History and Analysis
Debt Level: PCTY has more cash than its total debt.
Reducing Debt: PCTY's debt to equity ratio has increased from 0% to 29.4% over the past 5 years.
Debt Coverage: PCTY's debt is well covered by operating cash flow (127.4%).
Interest Coverage: PCTY's interest payments on its debt are well covered by EBIT (288.4x coverage).