Paycor HCM Inc

NASDAQ PYCR

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Paycor HCM Inc Interest Coverage Ratio 5 year CAGR for the quarter ending March 31, 2024

Paycor HCM Inc Interest Coverage Ratio 5 year CAGR is NA for the quarter ending March 31, 2024. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Paycor HCM Inc Interest Coverage Ratio for the quarter ending March 31, 2023 was -3.06, a 98.68% change year over year.
Paycor HCM Inc Interest Coverage Ratio for the quarter ending March 31, 2022 was -232.41, a -996.07% change year over year.
Paycor HCM Inc Interest Coverage Ratio for the quarter ending March 31, 2021 was -21.20.

NASDAQ: PYCR

Paycor HCM Inc

CEO	Mr. Raul Villar Jr.
IPO Date	July 21, 2021
Location	United States
Headquarters	4811 Montgomery Road, Cincinnati, OH, United States, 45212
Employees	2,800
Sector	Technology
Industry	Software - application

Description

Paycor HCM, Inc., together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders. The company's SaaS based people management products include Cor HCM, a complete suite of HCM tools spanning HR, onboarding, payroll, compensation management, employee surveys, expenses, and reporting and analytics; Workforce Management, a solution with flexible time entry, overtime calculations, and scheduling capabilities with real-time payroll synchronization; Benefits Administration, a decision support solution to help leaders to streamline and optimize company's benefits administration; and Talent Management, an integrated compensation and performance management solution. It serves manufacturing, healthcare, restaurant, retail, professional services, nonprofit, and education industries through its direct sales teams. Paycor HCM, Inc. was founded in 1990 and is headquartered in Cincinnati, Ohio.

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