Paylocity (PCTY) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.66 B

According to Paylocity's latest financial reports the company has NZ$1.66 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Paylocity - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$1.37 B	40.1%
2022-06-30	$NZ$0.98 B	43.62%
2021-06-30	$NZ$0.68 B	12.04%
2020-06-30	$NZ$0.60 B	33.04%
2019-06-30	$NZ$0.45 B	45.78%
2018-06-30	$NZ$0.31 B	55.87%
2017-06-30	$NZ$0.20 B	19.8%
2016-06-30	$NZ$0.16 B	7.57%
2015-06-30	$NZ$0.15 B	50.69%
2014-06-30	$NZ$0.10 B	705.53%
2013-06-30	$NZ$12.88 M	15.87%
2012-06-30	$NZ$11.12 M	29.25%
2011-06-30	$NZ$8.6 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Paychex PAYX	NZ$6.14 B	267.94%	🇺🇸 USA
Workday WDAY	NZ$13.48 B	707.79%	🇺🇸 USA
Automatic Data Processing ADP	NZ$7.35 B	340.21%	🇺🇸 USA
Oracle ORCL	NZ$18.21 B	990.84%	🇺🇸 USA
Microsoft MSFT	NZ$433.95 B	25,888.52%	🇺🇸 USA
Paycom PAYC	NZ$2.30 B	38.09%	🇺🇸 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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