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 ratio234.2x
CashUS$294.03m
EquityUS$1.30b
Total liabilitiesUS$2.89b
Total assetsUS$4.20b

Recent financial health updates

Recent updates

Unpleasant Surprises Could Be In Store For Paycom Software, Inc.'s (NYSE:PAYC) Shares

Mar 28
Unpleasant Surprises Could Be In Store For Paycom Software, Inc.'s (NYSE:PAYC) Shares

Paycom: An Investment With Dividend Growth Potential

Mar 28

Is There An Opportunity With Paycom Software, Inc.'s (NYSE:PAYC) 37% Undervaluation?

Mar 13
Is There An Opportunity With Paycom Software, Inc.'s (NYSE:PAYC) 37% Undervaluation?

Paycom Software Q4: Revenue Growth Has To Reaccelerate

Mar 05

Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?

Feb 27
Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?

Paycom: BETI Continues To Cannibalise And FY24 Is Expected To Be Weak

Feb 24

Paycom: Undemanding Valuation For A Quality SaaS Stock

Jan 29

Returns On Capital Signal Tricky Times Ahead For Paycom Software (NYSE:PAYC)

Jan 25
Returns On Capital Signal Tricky Times Ahead For Paycom Software (NYSE:PAYC)

Paycom: BETI Looks Good Long-Term

Jan 22

Paycom Software: Focus On The Bigger Picture

Jan 10

Earnings Not Telling The Story For Paycom Software, Inc. (NYSE:PAYC)

Dec 25
Earnings Not Telling The Story For Paycom Software, Inc. (NYSE:PAYC)

Paycom: BETI Was A Double-Edged Sword

Dec 06

Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?

Nov 27
Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?

Paycom Gives Me Flashbacks Of DocuSign Crash: Shares Are Not A Buy

Nov 08

Paycom Stock Tumbles: Upgrade To Strong Buy, $400 Million Net Cash, GAAP Profitability

Nov 01

Does Paycom Software (NYSE:PAYC) Have A Healthy Balance Sheet?

Oct 22
Does Paycom Software (NYSE:PAYC) Have A Healthy Balance Sheet?

Paycom Software: Fundamentals Remain Strong, Reiterate Buy

Oct 03

Some Investors May Be Worried About Paycom Software's (NYSE:PAYC) Returns On Capital

Sep 21
Some Investors May Be Worried About Paycom Software's (NYSE:PAYC) Returns On Capital

Are Investors Undervaluing Paycom Software, Inc. (NYSE:PAYC) By 40%?

Sep 03
Are Investors Undervaluing Paycom Software, Inc. (NYSE:PAYC) By 40%?

Paycom: A Positive Opportunity After Q2

Aug 29

Why Paycom Software, Inc. (NYSE:PAYC) Could Be Worth Watching

Aug 18
Why Paycom Software, Inc. (NYSE:PAYC) Could Be Worth Watching

Paycom Crashes 20%: A Post-Earnings Analysis

Aug 02

Paycom Software: Earnings Preview; Valuation Nearing Target

Jul 27

We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease

Jul 19
We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease

Paycom: Initiated A Dividend, Plus Strong FCF

Jul 05

Paycom Software: International Opportunity Expands TAM And Growth Runway

Jun 21

We Think Paycom Software (NYSE:PAYC) Can Manage Its Debt With Ease

Jun 19
We Think Paycom Software (NYSE:PAYC) Can Manage Its Debt With Ease

Paycom Software (NYSE:PAYC) Is Aiming To Keep Up Its Impressive Returns

Jun 05
Paycom Software (NYSE:PAYC) Is Aiming To Keep Up Its Impressive Returns

Paycom: A Highly Efficient Growth Company

May 26

A Look At The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)

May 20
A Look At The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)

Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?

May 08
Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?

We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease

Apr 12
We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With Ease

Paycom Software (NYSE:PAYC) Seems To Use Debt Rather Sparingly

Mar 12
Paycom Software (NYSE:PAYC) Seems To Use Debt Rather Sparingly

Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital Effectively

Feb 28
Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital Effectively

Calculating The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)

Feb 16
Calculating The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)

Paycom Software: Power To The Employees

Feb 06

Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?

Feb 02
Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?

Paycom Performs Way Ahead Of Expectations

Jan 26

Is Now The Time To Put Paycom Software (NYSE:PAYC) On Your Watchlist?

Dec 25
Is Now The Time To Put Paycom Software (NYSE:PAYC) On Your Watchlist?

Here's What's Concerning About Paycom Software's (NYSE:PAYC) Returns On Capital

Nov 28
Here's What's Concerning About Paycom Software's (NYSE:PAYC) Returns On Capital

Is Paycom Software (NYSE:PAYC) Using Too Much Debt?

Nov 16
Is Paycom Software (NYSE:PAYC) Using Too Much Debt?

Estimating The Intrinsic Value Of Paycom Software, Inc. (NYSE:PAYC)

Oct 24
Estimating The Intrinsic Value Of Paycom Software, Inc. (NYSE:PAYC)

Is Paycom Software, Inc. (NYSE:PAYC) Potentially Undervalued?

Oct 10
Is Paycom Software, Inc. (NYSE:PAYC) Potentially Undervalued?

Do Paycom Software's (NYSE:PAYC) Earnings Warrant Your Attention?

Sep 26
Do Paycom Software's (NYSE:PAYC) Earnings Warrant Your Attention?

Paycom Software: Well Positioned To Capture Share From Legacy Vendors

Sep 12

Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital Effectively

Aug 16
Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital Effectively

Financial Position Analysis

Short Term Liabilities: PAYC's short term assets ($2.8B) exceed its short term liabilities ($2.5B).

Long Term Liabilities: PAYC's short term assets ($2.8B) exceed its long term liabilities ($359.9M).


Debt to Equity History and Analysis

Debt Level: PAYC is debt free.

Reducing Debt: PAYC has no debt compared to 5 years ago when its debt to equity ratio was 10.3%.

Debt Coverage: PAYC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PAYC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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