Paycom Software (Paycom Software) Debt-to-Equity

: 0.00 (As of Dec. 2023)

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Paycom Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Paycom Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Paycom Software's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,303 Mil. Paycom Software's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Paycom Software's Debt-to-Equity or its related term are showing as below:

PAYC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.36
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Paycom Software was 0.36. The lowest was 0.03. And the median was 0.10.

PAYC's Debt-to-Equity is ranked better than
92.26% of 2221 companies
in the Software industry
Industry Median: 0.21 vs PAYC: 0.02

Paycom Software Debt-to-Equity Historical Data

The historical data trend for Paycom Software's Debt-to-Equity 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.

* Premium members only.

Paycom Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.05

0.03

Paycom Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.02	0.02	0.02	-

Competitive Comparison

For the Software - Application subindustry, Paycom Software's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Paycom Software Debt-to-Equity Distribution

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

* The bar in red indicates where Paycom Software's Debt-to-Equity falls into.

Paycom Software Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paycom Software's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	1303.036
	=	0.00

Paycom Software's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	1303.036
	=	0.00

Paycom Software (NYSE:PAYC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Paycom Software Debt-to-Equity Related Terms

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

Paycom Software (Paycom Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paycom Software Inc (NYSE:PAYC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PAYC:Mexico P1YC34:Brazil

Address

7501 W. Memorial Road, Oklahoma, OK, USA, 73142

Website

https://www.paycom.com

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

Executives

Chad R. Richison	director, 10 percent owner, officer: President and CEO	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Jason D. Clark	director	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Watts J C Jr	director
Christopher Gene Thomas	officer: SEVP of Operations	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Peters Frederick C Ii	director	BRYN MAWR BANK CORP, 801 LANCASTER AVE, BRYN MAWR PA 19010
Holly Faurot	officer: Chief Sales Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Justin Devon Long	officer: EVP of Operations	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Bradley Scott Smith	officer: Chief Information Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Craig E. Boelte	officer: Chief Financial Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Felicia Williams	director	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Jon Evans	officer: Chief Operating Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Jeffrey D. York	officer: Chief Sales Officer	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142
Robert J Levenson	director	300 SEMINOLE AVENUE, P.H. 6B, PALM BEACH FL 33480
Kathy Oden-hall	officer: See Remarks	7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142