Paycom Property Plant And Equipment Gross vs Total Current Liabilities Analysis
PAYC Stock | USD 231.92 3.07 1.31% |
Paycom Soft financial indicator trend analysis is much more than just breaking down Paycom Soft prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paycom Soft is a good investment. Please check the relationship between Paycom Soft Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.
Property Plant And Equipment Gross vs Total Current Liabilities
Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paycom Soft Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Paycom Soft's Property Plant And Equipment Gross and Total Current Liabilities is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Paycom Soft, assuming nothing else is changed. The correlation between historical values of Paycom Soft's Property Plant And Equipment Gross and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Paycom Soft are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., Paycom Soft's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Gross
Total Current Liabilities
Total Current Liabilities is an item on Paycom Soft balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Paycom Soft are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Paycom Soft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paycom Soft 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 Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.At present, Paycom Soft's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Enterprise Value Over EBITDA is forecasted to decline to 22.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 2.5M | 1.9M | 1.6M | Depreciation And Amortization | 135.2M | 179.1M | 52.6M | 47.3M |
Paycom Soft fundamental ratios Correlations
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Paycom Soft Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paycom Soft fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 58.4M | 58.3M | 58.2M | 58.2M | 58.0M | 56.8M | |
Total Assets | 2.5B | 2.6B | 3.2B | 3.9B | 4.2B | 2.1B | |
Short Long Term Debt Total | 32.6M | 30.9M | 29.2M | 44.0M | 75.9M | 43.6M | |
Other Current Liab | 1.7B | 1.7B | 2.0B | 2.3B | 2.5B | 1.4B | |
Total Current Liabilities | 1.8B | 1.7B | 2.0B | 2.4B | 2.5B | 1.4B | |
Total Stockholder Equity | 526.6M | 655.6M | 893.7M | 1.2B | 1.3B | 1.4B | |
Other Liab | 157.5M | 185.9M | 303.6M | 287.8M | 331.0M | 347.6M | |
Property Plant And Equipment Net | 238.5M | 285.2M | 349.0M | 402.4M | 498.2M | 523.1M | |
Current Deferred Revenue | 11.1M | 13.6M | 16.3M | 19.8M | 22.8M | 24.0M | |
Net Debt | (101.0M) | (120.8M) | (248.8M) | (371.7M) | (218.1M) | (207.2M) | |
Retained Earnings | 576.2M | 719.6M | 915.6M | 1.2B | 1.5B | 1.5B | |
Accounts Payable | 5.1M | 6.8M | 5.8M | 16.1M | 13.9M | 7.3M | |
Cash | 133.7M | 151.7M | 278.0M | 400.7M | 294.0M | 308.7M | |
Non Current Assets Total | 615.8M | 743.3M | 963.1M | 1.1B | 1.4B | 1.5B | |
Non Currrent Assets Other | 325.5M | 406.2M | 504.2M | 489.0M | 640.2M | 672.2M | |
Other Assets | 297.8M | 406.2M | 504.2M | 590.2M | 678.7M | 712.7M | |
Long Term Debt | 30.9M | 29.1M | 27.4M | 29M | 33.4M | 31.6M | |
Cash And Short Term Investments | 133.7M | 151.7M | 278.0M | 400.7M | 294.0M | 308.7M | |
Net Receivables | 13.3M | 19.6M | 25.9M | 28.4M | 34.8M | 36.6M | |
Liabilities And Stockholders Equity | 2.5B | 2.6B | 3.2B | 3.9B | 4.2B | 2.1B | |
Non Current Liabilities Total | 206.8M | 234.2M | 331.0M | 342.9M | 359.9M | 182.9M | |
Inventory | 1.2M | 1.2M | 1.1M | 1.6M | 1.4M | 1.1M | |
Other Current Assets | 1.7B | 1.7B | 1.9B | 2.3B | 2.5B | 1.4B | |
Other Stockholder Equity | (50.2M) | (64.6M) | (22.5M) | (11.3M) | (166.5M) | (158.2M) | |
Total Liab | 2.0B | 2.0B | 2.3B | 2.7B | 2.9B | 1.6B | |
Property Plant And Equipment Gross | 238.5M | 285.2M | 591.6M | 733.8M | 935.5M | 982.3M | |
Total Current Assets | 1.9B | 1.9B | 2.3B | 2.8B | 2.8B | 1.6B | |
Accumulated Other Comprehensive Income | (53.5M) | (83.0M) | 0.0 | (3.7M) | (1.0M) | (1.1M) | |
Intangible Assets | 532K | 319K | 58.0M | 54.0M | 50.1M | 52.6M | |
Property Plant Equipment | 238.5M | 285.2M | 349.0M | 402.4M | 462.8M | 486.0M | |
Common Stock Total Equity | 613K | 618K | 623K | 625K | 562.5K | 534.4K | |
Common Stock | 613K | 618K | 623K | 625K | 627K | 595.7K | |
Net Tangible Assets | 474.7M | 603.8M | 783.8M | 1.1B | 1.2B | 1.3B | |
Retained Earnings Total Equity | 576.2M | 719.6M | 915.6M | 1.2B | 1.4B | 1.4B | |
Long Term Debt Total | 30.9M | 29.1M | 27.4M | 29M | 33.4M | 32.2M | |
Capital Surpluse | 257.5M | 357.9M | 465.6M | 576.6M | 663.1M | 696.3M | |
Deferred Long Term Liab | 156.4M | 185.9M | 461.9M | 238.6M | 274.4M | 185.8M | |
Treasury Stock | (307.7M) | (422.5M) | (488.1M) | (587.9M) | (529.1M) | (502.7M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Paycom Soft offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paycom Soft's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paycom Soft Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paycom Soft Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space 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 Paycom Soft. If investors know Paycom 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 Paycom Soft 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 0.008 | Dividend Share 1.5 | Earnings Share 8.3 | Revenue Per Share 32.262 | Quarterly Revenue Growth 0.112 |
The market value of Paycom Soft is measured differently than its book value, which is the value of Paycom that is recorded on the company's balance sheet. Investors also form their own opinion of Paycom Soft's value that differs from its market value or its book value, called intrinsic value, which is Paycom Soft'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 Paycom Soft's market value can be influenced by many factors that don't directly affect Paycom Soft'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 Paycom Soft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycom Soft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycom Soft'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.