Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : C$5.42 Billion

According to Paychex's latest financial reports the company has C$5.42 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	$C$4.75 B	21.67%
2022-05-31	$C$3.90 B	9.66%
2021-05-31	$C$3.56 B	-7.05%
2020-05-31	$C$3.83 B	8.12%
2019-05-31	$C$3.54 B	16.59%
2018-05-31	$C$3.03 B	15.37%
2017-05-31	$C$2.63 B	5.67%
2016-05-31	$C$2.49 B	12.08%
2015-05-31	$C$2.22 B	15.37%
2014-05-31	$C$1.92 B	5.49%
2013-05-31	$C$1.82 B	10.56%
2012-05-31	$C$1.65 B	13.11%
2011-05-31	$C$1.46 B	-0.08%
2010-05-31	$C$1.46 B	-2.45%
2009-05-31	$C$1.49 B	26.08%
2008-05-31	$C$1.18 B	-43.08%
2007-05-31	$C$2.08 B	14.67%
2006-05-31	$C$1.82 B	4.87%
2005-05-31	$C$1.73 B	6.25%
2004-05-31	$C$1.63 B	10.74%
2003-05-31	$C$1.47 B	4.13%
2002-05-31	$C$1.41 B	21.22%
2001-05-31	$C$1.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	C$7.53 B	38.91%	🇺🇸 USA
Intuit INTU	C$25.97 B	378.81%	🇺🇸 USA
Equifax EFX	C$7.10 B	31.07%	🇺🇸 USA
Insperity NSP	C$0.17 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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