Paylocity Holdng (PCTY)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 1,233,750 | 1,208,740 | 1,172,140 | 1,105,910 | 1,033,060 | 1,099,410 | 986,773 | 892,639 | 842,863 | 768,746 | 677,767 | 610,846 | 613,463 | 565,419 | 506,693 | 467,573 | 476,930 | 454,609 | 408,218 | 386,820 |
| 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 |
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 data indicates that Paylocity Holding's debt-to-capital ratio has consistently been zero across all reported periods, from September 30, 2020, through June 30, 2025. This persistent value suggests that the company has not employed debt financing during this timeframe and has financed its operations entirely through equity or other non-debt sources. The absence of leverage as indicated by the ratio aligns with a conservative capital structure, highlighting the company's reliance on internal funds or equity issuance rather than debt. Such a stance minimizes financial risk related to debt obligations but may also influence the company's growth strategies and capital allocation decisions.
Peer comparison
Jun 30, 2025