Paylocity Holdng

NASDAQ PCTY

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Paylocity Holdng Cash Interest Coverage Ratio for the year ending June 30, 2023: 375.96

Paylocity Holdng Cash Interest Coverage Ratio is 375.96 for the year ending June 30, 2023, a 141.75% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability.
  • Paylocity Holdng Cash Interest Coverage Ratio for the year ending June 30, 2022 was 155.52, a 16.97% change year over year.
  • Paylocity Holdng Cash Interest Coverage Ratio for the year ending June 30, 2021 was 132.96, a -17.97% change year over year.
  • Paylocity Holdng Cash Interest Coverage Ratio for the year ending June 30, 2020 was 162.09, a 156.74% change year over year.
  • Paylocity Holdng Cash Interest Coverage Ratio for the year ending June 30, 2019 was 63.14.
NASDAQ: PCTY

Paylocity Holdng

CEO Mr. Steven R. Beauchamp
IPO Date March 19, 2014
Location United States
Headquarters 1400 American Lane, Schaumburg, IL, United States, 60173
Employees 6,100
Sector Technology
Industry Software - application
Description

Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.

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StockViz Staff

September 20, 2024

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