Paycom Soft (PAYC)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,575,900K
= 0.00
Paycom Soft has consistently maintained a debt-to-equity ratio of 0.00 for the past several years, according to the financial data provided. This indicates that the company has not taken on any debt to finance its operations or growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative capital structure and a low level of financial risk, as the company is not burdened by debt obligations that could potentially impact its financial stability. Paycom Soft's consistent 0.00 debt-to-equity ratio suggests a strong financial position and management's cautious approach to leverage, which could be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024