Paycom Soft (PAYC)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,575,900 | 1,303,040 | 1,182,610 | 893,714 | 655,643 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,575,900K
= 0.00
The debt-to-equity ratio for Paycom Soft has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically reflects a conservative financial structure with low financial risk, as there is no debt burden to repay. It also suggests that the company's operations are primarily funded by shareholders' equity, which may indicate a strong financial position and stability. Overall, the consistent 0.00 debt-to-equity ratio for Paycom Soft over the years reflects a prudent and secure financial strategy.
Peer comparison
Dec 31, 2024