Paychex Stock Current Liabilities
| PAYX Stock | USD 117.79 1.35 1.13% |
Paychex fundamentals help investors to digest information that contributes to Paychex's financial success or failures. It also enables traders to predict the movement of Paychex Stock. The fundamental analysis module provides a way to measure Paychex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Paychex stock.
At this time, Paychex's Total Current Liabilities is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 1.5 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 154 M in 2024. Paychex | Current Liabilities |
Paychex Company Current Liabilities Analysis
Paychex's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Paychex Current Liabilities | 4.37 B |
Most of Paychex's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Paychex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Paychex Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Paychex is extremely important. It helps to project a fair market value of Paychex Stock properly, considering its historical fundamentals such as Current Liabilities. Since Paychex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Paychex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Paychex's interrelated accounts and indicators.
Click cells to compare fundamentals
Paychex Current Liabilities Historical Pattern
Today, most investors in Paychex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Paychex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Paychex current liabilities as a starting point in their analysis.
Paychex Current Liabilities |
| Timeline |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
| Competition |
Paychex Total Current Liabilities
Total Current Liabilities |
|
In accordance with the recently published financial statements, Paychex has a Current Liabilities of 4.37 B. This is 390.68% higher than that of the Professional Services sector and significantly higher than that of the Industrials industry. The current liabilities for all United States stocks is 44.75% higher than that of the company.
Paychex Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paychex's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paychex could also be used in its relative valuation, which is a method of valuing Paychex by comparing valuation metrics of similar companies.Paychex is currently under evaluation in current liabilities category among related companies.
Paychex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Paychex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Paychex's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Paychex Fundamentals
| Return On Equity | 0.46 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 41.54 B | ||||
| Shares Outstanding | 359.96 M | ||||
| Shares Owned By Insiders | 10.80 % | ||||
| Shares Owned By Institutions | 76.88 % | ||||
| Number Of Shares Shorted | 11.16 M | ||||
| Price To Earning | 31.04 X | ||||
| Price To Book | 11.82 X | ||||
| Price To Sales | 8.49 X | ||||
| Revenue | 5.01 B | ||||
| Gross Profit | 3.26 B | ||||
| EBITDA | 2.21 B | ||||
| Net Income | 1.56 B | ||||
| Cash And Equivalents | 1.23 B | ||||
| Cash Per Share | 3.41 X | ||||
| Total Debt | 865.7 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 10.41 X | ||||
| Cash Flow From Operations | 1.7 B | ||||
| Short Ratio | 6.19 X | ||||
| Earnings Per Share | 4.59 X | ||||
| Price To Earnings To Growth | 3.14 X | ||||
| Target Price | 121.11 | ||||
| Number Of Employees | 16 K | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 42.4 B | ||||
| Total Asset | 10.55 B | ||||
| Retained Earnings | 2.02 B | ||||
| Working Capital | 1.72 B | ||||
| Current Asset | 4.86 B | ||||
| Current Liabilities | 4.37 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.77 % | ||||
| Net Asset | 10.55 B | ||||
| Last Dividend Paid | 3.56 |
About Paychex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Paychex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paychex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paychex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Paychex Investors Sentiment
The influence of Paychex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Paychex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Paychex's public news can be used to forecast risks associated with an investment in Paychex. The trend in average sentiment can be used to explain how an investor holding Paychex can time the market purely based on public headlines and social activities around Paychex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paychex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paychex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paychex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paychex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paychex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paychex's short interest history, or implied volatility extrapolated from Paychex options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Paychex using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Paychex Piotroski F Score and Paychex Altman Z Score analysis. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Paychex Stock analysis
When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Paychex'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 Paychex. If investors know Paychex 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 Paychex 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 0.07 | Dividend Share 3.56 | Earnings Share 4.59 | Revenue Per Share 14.461 | Quarterly Revenue Growth 0.042 |
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex'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 Paychex's market value can be influenced by many factors that don't directly affect Paychex'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 Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex'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.