Paylocity Holdng (PCTY)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 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
Long-term debt US$ in thousands
Total assets US$ in thousands 4,389,430 5,167,970 5,293,770 4,024,780 4,245,460 4,953,040 4,492,720 3,646,780 3,695,680 4,193,520 3,937,770 3,095,110 4,809,010 5,079,240 2,588,590 3,811,540 2,414,880 2,663,550 2,850,960 2,004,850
Debt-to-assets 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

June 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,389,430K
= 0.00

The data indicates that the debt-to-assets ratio for Paylocity Holding has consistently been zero across all reported periods from September 30, 2020, through June 30, 2025. This steadfast ratio suggests that the company has not reported any debt relative to its total assets during this timeframe. The persistent absence of leverage implies that Paylocity Holding maintains a debt-free capital structure, relying primarily on equity financing and internal funds rather than borrowed capital. This financial profile reflects a conservative approach to leverage, potentially contributing to a lower financial risk profile but also indicating that the company may not utilize debt financing to accelerate growth or strategic initiatives.