Paylocity Net Receivables vs Net Debt Analysis
PCTY Stock | USD 172.97 0.80 0.46% |
Paylocity Holdng financial indicator trend analysis is much more than just breaking down Paylocity Holdng prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paylocity Holdng is a good investment. Please check the relationship between Paylocity Holdng Net Receivables and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.
Net Receivables vs Net Debt
Net Receivables vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paylocity Holdng Net Receivables account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Paylocity Holdng's Net Receivables and Net Debt is -0.77. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Debt in the same time period over historical financial statements of Paylocity Holdng, assuming nothing else is changed. The correlation between historical values of Paylocity Holdng's Net Receivables and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Paylocity Holdng are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Receivables i.e., Paylocity Holdng's Net Receivables and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Receivables
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Paylocity Holdng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paylocity Holdng current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.At this time, Paylocity Holdng's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 21.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 565.6M | 807.6M | 928.7M | 975.1M | Total Revenue | 852.7M | 1.2B | 1.4B | 1.4B |
Paylocity Holdng fundamental ratios Correlations
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Paylocity Holdng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paylocity Holdng fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.4B | 4.8B | 3.7B | 4.3B | 4.5B | |
Short Long Term Debt Total | 173.3M | 67.2M | 77.5M | 62.5M | 71.8M | 48.0M | |
Other Current Liab | 1.4B | 1.8B | 4.1B | 2.7B | 3.1B | 3.3B | |
Total Current Liabilities | 1.4B | 1.9B | 4.1B | 2.8B | 3.2B | 3.4B | |
Total Stockholder Equity | 392.9M | 476.9M | 613.5M | 842.9M | 969.3M | 1.0B | |
Property Plant And Equipment Net | 115.4M | 103.8M | 112.0M | 108.1M | 124.4M | 130.6M | |
Current Deferred Revenue | 8.8M | 9.4M | 13.5M | 24.5M | 28.2M | 14.5M | |
Net Debt | (77.6M) | (135.1M) | (62.2M) | (226.3M) | (203.7M) | (193.5M) | |
Retained Earnings | 164.3M | 235.1M | 325.9M | 466.7M | 536.7M | 563.5M | |
Accounts Payable | 1.8M | 4.2M | 8.4M | 6.2M | 7.1M | 7.4M | |
Cash | 250.9M | 202.3M | 139.8M | 288.8M | 332.1M | 348.7M | |
Non Current Assets Total | 322.5M | 382.0M | 577.3M | 647.2M | 744.3M | 781.5M | |
Cash And Short Term Investments | 285.4M | 206.7M | 139.8M | 288.8M | 332.1M | 348.7M | |
Net Receivables | 4.9M | 6.3M | 15.8M | 25.1M | 28.8M | 30.3M | |
Common Stock Shares Outstanding | 55.8M | 56.3M | 56.4M | 56.6M | 65.1M | 55.8M | |
Liabilities And Stockholders Equity | 2.0B | 2.4B | 4.8B | 3.7B | 4.3B | 4.5B | |
Non Current Liabilities Total | 183.8M | 70.9M | 75.0M | 78.0M | 89.7M | 94.2M | |
Other Current Assets | 80.1M | 64.7M | 4.1B | 35.1M | 40.3M | 38.3M | |
Other Stockholder Equity | 227.9M | 241.7M | 289.8M | 1.6M | 1.9M | 1.8M | |
Total Liab | 1.6B | 1.9B | 4.2B | 2.9B | 3.3B | 3.4B | |
Property Plant And Equipment Gross | 115.4M | 103.8M | 112.0M | 108.1M | 124.4M | 130.6M | |
Total Current Assets | 1.7B | 2.0B | 4.2B | 3.0B | 3.5B | 3.7B | |
Accumulated Other Comprehensive Income | 675K | 66K | (2.3M) | (4.5M) | (5.2M) | (5.5M) | |
Short Term Debt | 8.1M | 7.5M | 8.4M | 7.8M | 9.0M | 4.6M | |
Intangible Assets | 49.9M | 58.0M | 107.5M | 120.7M | 138.8M | 145.7M | |
Other Liab | 10.5M | 3.7M | 5.9M | 15.6M | 17.9M | 12.0M | |
Property Plant Equipment | 66.7M | 103.8M | 112.0M | 108.1M | 124.4M | 130.6M | |
Net Tangible Assets | 321.4M | 385.2M | 404.1M | 620.2M | 713.2M | 748.8M | |
Non Currrent Assets Other | 128.0M | 174.9M | 236.8M | 6.3M | 7.3M | 6.9M | |
Other Assets | 133.0M | 186.5M | 255.9M | 316.4M | 363.9M | 382.1M | |
Good Will | 21.7M | 33.7M | 101.9M | 102.1M | 117.4M | 123.2M | |
Retained Earnings Total Equity | (6.7M) | 99.8M | 164.3M | 235.1M | 270.4M | 283.9M | |
Short Term Investments | 732K | 29.3M | 34.6M | 4.5M | 5.1M | 9.0M | |
Capital Surpluse | 219.6M | 208.0M | 227.9M | 241.7M | 278.0M | 212.1M | |
Inventory | 1.3B | 1.8B | 4.5M | 2.7B | 3.1B | 3.3B | |
Deferred Long Term Liab | 8.8M | 170.7M | 229.1M | 294.2M | 338.4M | 355.3M | |
Net Invested Capital | 492.9M | 476.9M | 613.5M | 842.9M | 969.3M | 486.3M |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Is Paylocity Holdng's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paylocity Holdng. If investors know Paylocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paylocity Holdng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.333 | Earnings Share 3.43 | Revenue Per Share 24.118 | Quarterly Revenue Growth 0.282 | Return On Assets 0.0337 |
The market value of Paylocity Holdng is measured differently than its book value, which is the value of Paylocity that is recorded on the company's balance sheet. Investors also form their own opinion of Paylocity Holdng's value that differs from its market value or its book value, called intrinsic value, which is Paylocity Holdng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paylocity Holdng's market value can be influenced by many factors that don't directly affect Paylocity Holdng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paylocity Holdng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paylocity Holdng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paylocity Holdng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.