Paycor HCM (Paycor HCM) Cash-to-Debt : 6.43 (As of Mar. 2024)

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What is Paycor HCM Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Paycor HCM's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.43.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Paycor HCM could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Paycor HCM's Cash-to-Debt or its related term are showing as below:

PYCR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 4.61 Max: No Debt
Current: 6.43

During the past 5 years, Paycor HCM's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 4.61.

PYCR's Cash-to-Debt is ranked better than
62.38% of 2799 companies
in the Software industry
Industry Median: 2.47 vs PYCR: 6.43

Paycor HCM Cash-to-Debt Historical Data

The historical data trend for Paycor HCM's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Paycor HCM Cash-to-Debt Chart

Paycor HCM Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.46

0.03

0.05

No Debt

5.93

Paycor HCM Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												4.98	5.93	3.57	4.23	6.43

Competitive Comparison of Paycor HCM's Cash-to-Debt

For the Software - Application subindustry, Paycor HCM's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Paycor HCM's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Paycor HCM's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Paycor HCM's Cash-to-Debt falls into.

Paycor HCM Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Paycor HCM's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	95.233	/	(0	+	16.061)
	=	5.93

Paycor HCM's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	90.098	/	(0	+	14.009)
	=	6.43

Paycor HCM (NAS:PYCR) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Paycor HCM Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Paycor HCM's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Paycor HCM (Paycor HCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycor HCM Inc (NAS:PYCR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4811 Montgomery Road, Cincinnati, OH, USA, 45212

Website

https://www.paycor.com

Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm's platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,000 customers as of June 2023.

Executives

Alice L Geene	officer: See Remarks	500 W MADISON ST STE 1000, CHICAGO IL 60661
Jonathan Corr	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Pride Aggregator, Lp	10 percent owner	PRIDE GP, INC., C/O APAX PARTNERS, LP, 601 LEXINGTON AVE., 53RD FLOOR, NEW YORK NY 10022
Adam Brooks Ante	officer: Chief Financial Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Scott David Miller	director	3576 SAINT CHARLES PLACE, CINCINNATI OH 45208
Whitney Marilinn Bouck	director	4811 MONTGOMERY RD., CINCINNATI OH 45212
Pride Gp, Inc.	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Jeremy Rishel	director	234 1ST STREET, SAN FRANCISCO CA 94105
Ryan Norman Bergstrom	officer: Chief Product Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Raul Jr. Villar	director, officer: Chief Executive Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Sarah Kathryn Haines	officer: Chief Accounting Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Charles Steven Mueller	officer: Chief Revenue Officer	4811 MONTGOMERY RD., CINCINNATI OH 45212
Steven A Collins	director	20 N. MERIDIAN STREET, SUITE 200, INDIANAPOLIS IN 46204
Kathleen Ann Burke	director	4811 MONTGOMERY ROAD, CINCINNATI OH 45212
Umang Kajaria	director	C/O DUCK CREEK TECHNOLOGIES, INC., 22 BOSTON WHARF ROAD, FLOOR 10, BOSTON MA 02210