Paylocity Intangible Assets vs Capital Stock 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 Intangible Assets and its Capital Stock 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.

Intangible Assets vs Capital Stock

Intangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paylocity Holdng Intangible Assets account and Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Paylocity Holdng's Intangible Assets and Capital Stock is 0.85. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Stock 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 Intangible Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Paylocity Holdng are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Intangible Assets i.e., Paylocity Holdng's Intangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 Profit565.6M807.6M928.7M975.1M
Total Revenue852.7M1.2B1.4B1.4B

Paylocity Holdng fundamental ratios Correlations

0.560.990.990.940.91-0.08-0.70.930.970.830.970.810.90.680.770.650.290.211.00.911.00.810.970.70.26
0.560.520.520.560.76-0.31-0.280.570.40.650.60.690.430.460.530.960.020.260.550.760.550.840.530.47-0.01
0.990.521.00.90.88-0.07-0.650.880.970.770.930.750.860.670.750.60.390.251.00.881.00.790.940.690.24
0.990.521.00.910.88-0.07-0.650.890.970.770.930.750.870.670.750.60.390.251.00.881.00.790.940.690.25
0.940.560.90.910.91-0.08-0.820.990.910.940.990.920.970.670.750.68-0.020.040.910.910.930.790.990.70.29
0.910.760.880.880.91-0.17-0.740.890.840.920.920.930.80.730.840.860.070.30.891.00.90.870.90.750.37
-0.08-0.31-0.07-0.07-0.08-0.17-0.29-0.22-0.070.02-0.15-0.01-0.060.420.01-0.320.15-0.11-0.08-0.17-0.07-0.11-0.050.410.03
-0.7-0.28-0.65-0.65-0.82-0.74-0.29-0.74-0.7-0.88-0.76-0.86-0.77-0.79-0.72-0.450.23-0.03-0.66-0.74-0.68-0.56-0.79-0.81-0.54
0.930.570.880.890.990.89-0.22-0.740.90.890.990.870.970.560.690.68-0.05-0.010.890.890.90.790.980.60.22
0.970.40.970.970.910.84-0.07-0.70.90.760.930.730.880.640.680.50.320.110.970.840.970.730.940.660.31
0.830.650.770.770.940.920.02-0.880.890.760.911.00.870.760.770.79-0.20.080.790.920.810.780.90.780.36
0.970.60.930.930.990.92-0.15-0.760.990.930.910.890.960.640.750.70.050.080.940.920.950.820.990.670.25
0.810.690.750.750.920.93-0.01-0.860.870.731.00.890.830.760.780.82-0.220.110.770.930.790.780.880.780.4
0.90.430.860.870.970.8-0.06-0.770.970.880.870.960.830.540.660.55-0.03-0.080.870.80.880.690.980.580.23
0.680.460.670.670.670.730.42-0.790.560.640.760.640.760.540.750.540.130.260.670.730.680.690.661.00.46
0.770.530.750.750.750.840.01-0.720.690.680.770.750.780.660.750.630.080.590.760.840.770.710.750.760.52
0.650.960.60.60.680.86-0.32-0.450.680.50.790.70.820.550.540.63-0.080.260.630.860.630.820.640.550.2
0.290.020.390.39-0.020.070.150.23-0.050.32-0.20.05-0.22-0.030.130.08-0.080.390.380.070.340.160.090.11-0.14
0.210.260.250.250.040.3-0.11-0.03-0.010.110.080.080.11-0.080.260.590.260.390.250.30.240.220.070.240.27
1.00.551.01.00.910.89-0.08-0.660.890.970.790.940.770.870.670.760.630.380.250.891.00.80.940.690.25
0.910.760.880.880.911.0-0.17-0.740.890.840.920.920.930.80.730.840.860.070.30.890.90.870.90.750.37
1.00.551.01.00.930.9-0.07-0.680.90.970.810.950.790.880.680.770.630.340.241.00.90.80.960.710.26
0.810.840.790.790.790.87-0.11-0.560.790.730.780.820.780.690.690.710.820.160.220.80.870.80.780.70.04
0.970.530.940.940.990.9-0.05-0.790.980.940.90.990.880.980.660.750.640.090.070.940.90.960.780.690.26
0.70.470.690.690.70.750.41-0.810.60.660.780.670.780.581.00.760.550.110.240.690.750.710.70.690.46
0.26-0.010.240.250.290.370.03-0.540.220.310.360.250.40.230.460.520.2-0.140.270.250.370.260.040.260.46
Click cells to compare fundamentals

Paylocity Holdng Account Relationship Matchups

Paylocity Holdng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.4B4.8B3.7B4.3B4.5B
Short Long Term Debt Total173.3M67.2M77.5M62.5M71.8M48.0M
Other Current Liab1.4B1.8B4.1B2.7B3.1B3.3B
Total Current Liabilities1.4B1.9B4.1B2.8B3.2B3.4B
Total Stockholder Equity392.9M476.9M613.5M842.9M969.3M1.0B
Property Plant And Equipment Net115.4M103.8M112.0M108.1M124.4M130.6M
Current Deferred Revenue8.8M9.4M13.5M24.5M28.2M14.5M
Net Debt(77.6M)(135.1M)(62.2M)(226.3M)(203.7M)(193.5M)
Retained Earnings164.3M235.1M325.9M466.7M536.7M563.5M
Accounts Payable1.8M4.2M8.4M6.2M7.1M7.4M
Cash250.9M202.3M139.8M288.8M332.1M348.7M
Non Current Assets Total322.5M382.0M577.3M647.2M744.3M781.5M
Cash And Short Term Investments285.4M206.7M139.8M288.8M332.1M348.7M
Net Receivables4.9M6.3M15.8M25.1M28.8M30.3M
Common Stock Shares Outstanding55.8M56.3M56.4M56.6M65.1M55.8M
Liabilities And Stockholders Equity2.0B2.4B4.8B3.7B4.3B4.5B
Non Current Liabilities Total183.8M70.9M75.0M78.0M89.7M94.2M
Other Current Assets80.1M64.7M4.1B35.1M40.3M38.3M
Other Stockholder Equity227.9M241.7M289.8M1.6M1.9M1.8M
Total Liab1.6B1.9B4.2B2.9B3.3B3.4B
Property Plant And Equipment Gross115.4M103.8M112.0M108.1M124.4M130.6M
Total Current Assets1.7B2.0B4.2B3.0B3.5B3.7B
Accumulated Other Comprehensive Income675K66K(2.3M)(4.5M)(5.2M)(5.5M)
Short Term Debt8.1M7.5M8.4M7.8M9.0M4.6M
Intangible Assets49.9M58.0M107.5M120.7M138.8M145.7M
Other Liab10.5M3.7M5.9M15.6M17.9M12.0M
Property Plant Equipment66.7M103.8M112.0M108.1M124.4M130.6M
Net Tangible Assets321.4M385.2M404.1M620.2M713.2M748.8M
Non Currrent Assets Other128.0M174.9M236.8M6.3M7.3M6.9M
Other Assets133.0M186.5M255.9M316.4M363.9M382.1M
Good Will21.7M33.7M101.9M102.1M117.4M123.2M
Retained Earnings Total Equity(6.7M)99.8M164.3M235.1M270.4M283.9M
Short Term Investments732K29.3M34.6M4.5M5.1M9.0M
Capital Surpluse219.6M208.0M227.9M241.7M278.0M212.1M
Inventory1.3B1.8B4.5M2.7B3.1B3.3B
Deferred Long Term Liab8.8M170.7M229.1M294.2M338.4M355.3M
Net Invested Capital492.9M476.9M613.5M842.9M969.3M486.3M

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When determining whether Paylocity Holdng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paylocity Holdng'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 Paylocity Holdng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paylocity Holdng Stock:
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.