Paylocity Holding Balance Sheet Health
Financial Health criteria checks 5/6
Paylocity Holding has a total shareholder equity of $1.2B and total debt of $325.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $5.3B and $4.1B respectively. Paylocity Holding's EBIT is $276.3M making its interest coverage ratio 49.1. It has cash and short-term investments of $482.4M.
Key information
27.7%
Debt to equity ratio
US$325.00m
Debt
| Interest coverage ratio | 49.1x |
| Cash | US$482.36m |
| Equity | US$1.17b |
| Total liabilities | US$4.12b |
| Total assets | US$5.29b |
Recent financial health updates
Is Paylocity Holding (NASDAQ:PCTY) Using Too Much Debt?
Feb 23
Does Paylocity Holding (NASDAQ:PCTY) Have A Healthy Balance Sheet?
Nov 21Recent updates
Paylocity: Airbase Integration To Strengthen Positioning
Mar 13Paylocity Holding (NASDAQ:PCTY) Is Experiencing Growth In Returns On Capital
Mar 07Is Paylocity Holding (NASDAQ:PCTY) Using Too Much Debt?
Feb 23Is Now An Opportune Moment To Examine Paylocity Holding Corporation (NASDAQ:PCTY)?
Jan 28Paylocity: A Strong And Interesting HCM Play
Dec 26With EPS Growth And More, Paylocity Holding (NASDAQ:PCTY) Makes An Interesting Case
Dec 26Estimating The Fair Value Of Paylocity Holding Corporation (NASDAQ:PCTY)
Dec 14Does Paylocity Holding (NASDAQ:PCTY) Have A Healthy Balance Sheet?
Nov 21Earnings 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: A Strong Buy That's Flying Under The Radar
Jan 26Financial Position Analysis
Short Term Liabilities: PCTY's short term assets ($4.2B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: PCTY's short term assets ($4.2B) exceed its long term liabilities ($416.0M).
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 27.7% over the past 5 years.
Debt Coverage: PCTY's debt is well covered by operating cash flow (121%).
Interest Coverage: PCTY's interest payments on its debt are well covered by EBIT (49.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/13 05:42 |
| End of Day Share Price | 2025/03/13 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Paylocity Holding Corporation is covered by 40 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Marcon | Baird |
| Ishan Majumdar | Baptista Research |
| Raimo Lenschow | Barclays |