Paychex Net Tangible Assets from 2010 to 2025

PAYX Stock  USD 150.19  6.06  4.20%   
Paychex Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 821.8 M in 2025. Net Tangible Assets is the total assets of Paychex minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-08-31
Previous Quarter
1.5 B
Current Value
1.5 B
Quarterly Volatility
261 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paychex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paychex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 213.1 M, Interest Expense of 45 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 5.7, Dividend Yield of 0.0169 or PTB Ratio of 12.57. Paychex financial statements analysis is a perfect complement when working with Paychex Valuation or Volatility modules.
  
Check out the analysis of Paychex Correlation against competitors.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.

Latest Paychex's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Paychex over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Paychex's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paychex's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Very volatile
   Net Tangible Assets   
       Timeline  

Paychex Net Tangible Assets Regression Statistics

Arithmetic Mean1,068,352,225
Geometric Mean1,026,117,260
Coefficient Of Variation26.25
Mean Deviation216,268,747
Median1,185,100,000
Standard Deviation280,494,936
Sample Variance78677.4T
Range1B
R-Value0.07
Mean Square Error83904.9T
R-Squared0
Significance0.80
Slope4,019,344
Total Sum of Squares1180161.1T

Paychex Net Tangible Assets History

2025821.8 M
20241.3 B
20221.5 B
2021B
2020851.5 M
2019659.7 M
2018437.8 M

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Paychex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets1.3 B821.8 M

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Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.