Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : A$6.08 Billion

According to Paychex's latest financial reports the company has A$6.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Paychex - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$A$5.35 B	24.99%
2022-05-31	$A$4.28 B	12.14%
2021-05-31	$A$3.82 B	-8.35%
2020-05-31	$A$4.17 B	9.99%
2019-05-31	$A$3.79 B	21.85%
2018-05-31	$A$3.11 B	18.75%
2017-05-31	$A$2.62 B	-1.33%
2016-05-31	$A$2.65 B	13.74%
2015-05-31	$A$2.33 B	22.31%
2014-05-31	$A$1.90 B	4.1%
2013-05-31	$A$1.83 B	10.95%
2012-05-31	$A$1.65 B	18.27%
2011-05-31	$A$1.39 B	-15.59%
2010-05-31	$A$1.65 B	-3.63%
2009-05-31	$A$1.71 B	37.15%
2008-05-31	$A$1.25 B	-46.83%
2007-05-31	$A$2.35 B	7.2%
2006-05-31	$A$2.19 B	20.75%
2005-05-31	$A$1.82 B	8.32%
2004-05-31	$A$1.68 B	1.65%
2003-05-31	$A$1.65 B	0.84%
2002-05-31	$A$1.63 B	10.97%
2001-05-31	$A$1.47 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	A$8.45 B	38.91%	🇺🇸 USA
Intuit INTU	A$28.67 B	371.02%	🇺🇸 USA
Equifax EFX	A$7.97 B	31.07%	🇺🇸 USA
Insperity NSP	A$0.19 B	-96.75%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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