Paychex (PAYX) - Total debt

Total debt on the balance sheet as of August 2024 : £0.68 Billion

According to Paychex's latest financial reports the company's total debt is £0.68 Billion. A company’s total debt is the sum of all current and non-current debts.

Paychex - Total debt on balance sheet (from 2016 to 2024)

Total debt by year

Year	Total debt	Change
2023-05-31	£0.69 B	0.1%
2022-05-31	£0.69 B	10.14%
2021-05-31	£0.63 B	-13.12%
2020-05-31	£0.72 B	13.44%
2019-05-31	£0.64 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Automatic Data Processing ADP	£7.36 B	978.70%	🇺🇸 USA
Intuit INTU	£5.33 B	682.12%	🇺🇸 USA
Equifax EFX	£4.30 B	531.10%	🇺🇸 USA
Insperity NSP	£0.34 B	-49.83%	🇺🇸 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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