Paylocity Holdng (PCTY)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,233,750 | 1,033,060 | 842,863 | 613,463 | 476,930 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,233,750K)
= 0.00
The debt-to-capital ratio of Paylocity Holding has consistently been reported as zero across the specified periods from June 30, 2021, through June 30, 2025. This indicates that the company has maintained an entirely equity-based capital structure during this timeframe, with no recorded long-term or short-term debt on its balance sheet. The persistent absence of debt suggests that Paylocity Holding has not utilized external debt financing, potentially reflecting a conservative capital management approach or a strategic focus on internal funding sources. This stable zero ratio over multiple years signifies a low financial leverage profile, implying reduced financial risk associated with debt obligations. However, it also indicates that the company may not have leveraged debt to finance growth initiatives or operational expansion during these periods.
Peer comparison
Jun 30, 2025