Paychex (PAYX) - Total debt

Total debt on the balance sheet as of August 2024 : C$1.24 Billion

According to Paychex's latest financial reports the company's total debt is C$1.24 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	C$1.17 B	5.57%
2022-05-31	C$1.11 B	2.92%
2021-05-31	C$1.08 B	-12.46%
2020-05-31	C$1.23 B	13.07%
2019-05-31	C$1.09 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Automatic Data Processing ADP	C$13.43 B	978.70%	🇺🇸 USA
Intuit INTU	C$9.74 B	682.12%	🇺🇸 USA
Equifax EFX	C$7.86 B	531.10%	🇺🇸 USA
Insperity NSP	C$0.62 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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