Paycom Soft (PAYC)

Debt-to-capital ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	1,575,900	1,464,650	1,426,530	1,438,060	1,303,040	1,421,310	1,406,680	1,334,470	1,182,610	1,076,380	994,139	1,009,020	893,714	825,341	792,256	745,476	655,643	632,399	585,853	599,788
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,575,900K)
= 0.00

Paycom Soft's debt-to-capital ratio has consistently been recorded as 0.00 across multiple quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00 typically suggests that the company is funding its operations primarily through equity rather than debt. A low or zero debt-to-capital ratio is generally viewed positively by investors and stakeholders as it signifies lower financial risk and a strong financial position. Paycom Soft's consistent 0.00 debt-to-capital ratio reflects a deliberate strategy of avoiding or minimizing debt usage in its capital structure.