Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : NZ$6.69 Billion

According to Paychex's latest financial reports the company has NZ$6.69 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	$NZ$5.77 B	22.8%
2022-05-31	$NZ$4.70 B	15.58%
2021-05-31	$NZ$4.07 B	-9.22%
2020-05-31	$NZ$4.48 B	11.37%
2019-05-31	$NZ$4.02 B	19.31%
2018-05-31	$NZ$3.37 B	22.29%
2017-05-31	$NZ$2.75 B	-3.15%
2016-05-31	$NZ$2.84 B	13.4%
2015-05-31	$NZ$2.51 B	20.08%
2014-05-31	$NZ$2.09 B	-4.56%
2013-05-31	$NZ$2.19 B	2.73%
2012-05-31	$NZ$2.13 B	16.79%
2011-05-31	$NZ$1.82 B	-11.22%
2010-05-31	$NZ$2.05 B	-4.73%
2009-05-31	$NZ$2.16 B	41.49%
2008-05-31	$NZ$1.52 B	-42.3%
2007-05-31	$NZ$2.64 B	1.65%
2006-05-31	$NZ$2.60 B	32.5%
2005-05-31	$NZ$1.96 B	3.27%
2004-05-31	$NZ$1.90 B	1.97%
2003-05-31	$NZ$1.86 B	-4.09%
2002-05-31	$NZ$1.94 B	7.02%
2001-05-31	$NZ$1.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	NZ$9.30 B	38.91%	🇺🇸 USA
Intuit INTU	NZ$31.53 B	371.02%	🇺🇸 USA
Equifax EFX	NZ$8.77 B	31.07%	🇺🇸 USA
Insperity NSP	NZ$0.21 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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