Paychex (PAYX) - Total debt

Total debt on the balance sheet as of August 2024 : $0.86 Billion USD

According to Paychex's latest financial reports the company's total debt is $0.86 Billion USD. 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	$0.86 B	-1.76%
2022-05-31	$0.88 B	-1.77%
2021-05-31	$0.89 B	-0.19%
2020-05-31	$0.89 B	11.05%
2019-05-31	$0.80 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Automatic Data Processing ADP	$9.35 B	978.70%	🇺🇸 USA
Intuit INTU	$6.78 B	682.12%	🇺🇸 USA
Equifax EFX	$5.47 B	531.10%	🇺🇸 USA
Insperity NSP	$0.43 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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