Paylocity Free Cash Flow vs Net Income Analysis

PCTY Stock

USD 207.54 2.33 1.11%

Paylocity Holdng financial indicator trend analysis is much more than just breaking down Paylocity Holdng prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paylocity Holdng is a good investment. Please check the relationship between Paylocity Holdng Free Cash Flow and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paylocity Holdng Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Paylocity Holdng's Free Cash Flow and Net Income is 0.99. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Paylocity Holdng, assuming nothing else is changed. The correlation between historical values of Paylocity Holdng's Free Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Paylocity Holdng are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Paylocity Holdng's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Paylocity Holdng financial statement analysis. It represents the amount of money remaining after all of Paylocity Holdng operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Paylocity Holdng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paylocity Holdng current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.Selling General Administrative is likely to rise to about 196.8 M in 2024. Tax Provision is likely to rise to about 73.8 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	565.6M	807.6M	960.8M	1.0B
Total Revenue	852.7M	1.2B	1.4B	1.5B

Gross Profit Total Revenue

Paylocity Holdng fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.53	0.91	0.91	0.94	0.79	-0.09	-0.75	0.91	0.96	0.83	0.97	0.82	0.89	0.68	0.74	0.57	0.92	0.73	0.91	0.91	1.0	-0.32	0.96	0.71	0.26
Short Long Term Debt Total	0.53		0.51	0.51	0.51	0.79	-0.33	-0.24	0.49	0.36	0.57	0.58	0.6	0.37	0.43	0.51	0.96	0.31	0.42	0.54	0.62	0.52	0.16	0.49	0.43	-0.03
Other Current Liab	0.91	0.51		1.0	0.76	0.83	-0.05	-0.52	0.71	0.84	0.61	0.82	0.6	0.68	0.69	0.71	0.57	0.86	0.66	1.0	0.73	0.92	-0.05	0.81	0.7	0.25
Total Current Liabilities	0.91	0.51	1.0		0.76	0.83	-0.05	-0.53	0.71	0.84	0.61	0.82	0.6	0.69	0.69	0.71	0.57	0.86	0.66	1.0	0.73	0.92	-0.05	0.81	0.7	0.25
Total Stockholder Equity	0.94	0.51	0.76	0.76		0.72	-0.08	-0.9	0.99	0.94	0.95	0.99	0.94	0.97	0.66	0.69	0.57	0.83	0.7	0.77	0.96	0.92	-0.51	0.99	0.7	0.29
Property Plant And Equipment Net	0.79	0.79	0.83	0.83	0.72		-0.18	-0.51	0.65	0.67	0.7	0.78	0.73	0.56	0.74	0.82	0.86	0.59	0.69	0.85	0.78	0.79	0.11	0.71	0.74	0.38
Current Deferred Revenue	-0.09	-0.33	-0.05	-0.05	-0.08	-0.18		-0.19	-0.19	-0.07	0.01	-0.16	-0.02	-0.06	0.4	-0.04	-0.3	0.06	-0.08	-0.06	-0.14	-0.07	-0.05	-0.05	0.39	0.02
Net Debt	-0.75	-0.24	-0.52	-0.53	-0.9	-0.51	-0.19		-0.87	-0.8	-0.93	-0.82	-0.91	-0.89	-0.7	-0.6	-0.36	-0.65	-0.61	-0.53	-0.86	-0.72	0.69	-0.87	-0.74	-0.43
Retained Earnings	0.91	0.49	0.71	0.71	0.99	0.65	-0.19	-0.87		0.92	0.92	0.97	0.91	0.98	0.55	0.6	0.54	0.8	0.64	0.71	0.94	0.88	-0.57	0.97	0.59	0.22
Accounts Payable	0.96	0.36	0.84	0.84	0.94	0.67	-0.07	-0.8	0.92		0.82	0.94	0.79	0.92	0.63	0.63	0.42	0.91	0.62	0.84	0.89	0.96	-0.48	0.96	0.66	0.3
Cash	0.83	0.57	0.61	0.61	0.95	0.7	0.01	-0.93	0.92	0.82		0.91	1.0	0.9	0.72	0.69	0.64	0.66	0.67	0.63	0.96	0.81	-0.55	0.92	0.76	0.34
Non Current Assets Total	0.97	0.58	0.82	0.82	0.99	0.78	-0.16	-0.82	0.97	0.94	0.91		0.9	0.95	0.64	0.7	0.62	0.86	0.71	0.83	0.95	0.95	-0.4	0.99	0.67	0.25
Cash And Short Term Investments	0.82	0.6	0.6	0.6	0.94	0.73	-0.02	-0.91	0.91	0.79	1.0	0.9		0.87	0.72	0.7	0.69	0.62	0.67	0.62	0.96	0.79	-0.52	0.9	0.76	0.37
Net Receivables	0.89	0.37	0.68	0.69	0.97	0.56	-0.06	-0.89	0.98	0.92	0.9	0.95	0.87		0.53	0.56	0.43	0.83	0.64	0.69	0.9	0.87	-0.63	0.97	0.58	0.23
Common Stock Total Equity	0.68	0.43	0.69	0.69	0.66	0.74	0.4	-0.7	0.55	0.63	0.72	0.64	0.72	0.53		0.71	0.54	0.55	0.55	0.7	0.69	0.68	-0.15	0.65	1.0	0.46
Common Stock Shares Outstanding	0.74	0.51	0.71	0.71	0.69	0.82	-0.04	-0.6	0.6	0.63	0.69	0.7	0.7	0.56	0.71		0.61	0.58	0.95	0.72	0.75	0.74	-0.1	0.69	0.71	0.53
Non Current Liabilities Total	0.57	0.96	0.57	0.57	0.57	0.86	-0.3	-0.36	0.54	0.42	0.64	0.62	0.69	0.43	0.54	0.61		0.3	0.5	0.6	0.69	0.56	0.07	0.54	0.55	0.2
Other Current Assets	0.92	0.31	0.86	0.86	0.83	0.59	0.06	-0.65	0.8	0.91	0.66	0.86	0.62	0.83	0.55	0.58	0.3		0.62	0.85	0.74	0.93	-0.32	0.88	0.58	0.02
Other Stockholder Equity	0.73	0.42	0.66	0.66	0.7	0.69	-0.08	-0.61	0.64	0.62	0.67	0.71	0.67	0.64	0.55	0.95	0.5	0.62		0.67	0.72	0.73	-0.21	0.71	0.57	0.4
Total Liab	0.91	0.54	1.0	1.0	0.77	0.85	-0.06	-0.53	0.71	0.84	0.63	0.83	0.62	0.69	0.7	0.72	0.6	0.85	0.67		0.74	0.92	-0.04	0.81	0.71	0.26
Property Plant And Equipment Gross	0.91	0.62	0.73	0.73	0.96	0.78	-0.14	-0.86	0.94	0.89	0.96	0.95	0.96	0.9	0.69	0.75	0.69	0.74	0.72	0.74		0.89	-0.5	0.94	0.72	0.34
Total Current Assets	1.0	0.52	0.92	0.92	0.92	0.79	-0.07	-0.72	0.88	0.96	0.81	0.95	0.79	0.87	0.68	0.74	0.56	0.93	0.73	0.92	0.89		-0.31	0.95	0.71	0.26
Short Term Debt	-0.32	0.16	-0.05	-0.05	-0.51	0.11	-0.05	0.69	-0.57	-0.48	-0.55	-0.4	-0.52	-0.63	-0.15	-0.1	0.07	-0.32	-0.21	-0.04	-0.5	-0.31		-0.49	-0.2	-0.17
Intangible Assets	0.96	0.49	0.81	0.81	0.99	0.71	-0.05	-0.87	0.97	0.96	0.92	0.99	0.9	0.97	0.65	0.69	0.54	0.88	0.71	0.81	0.94	0.95	-0.49		0.69	0.26
Common Stock	0.71	0.43	0.7	0.7	0.7	0.74	0.39	-0.74	0.59	0.66	0.76	0.67	0.76	0.58	1.0	0.71	0.55	0.58	0.57	0.71	0.72	0.71	-0.2	0.69		0.46
Other Liab	0.26	-0.03	0.25	0.25	0.29	0.38	0.02	-0.43	0.22	0.3	0.34	0.25	0.37	0.23	0.46	0.53	0.2	0.02	0.4	0.26	0.34	0.26	-0.17	0.26	0.46

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Paylocity Holdng Account Relationship Matchups

Paylocity Holdng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.4B	4.8B	3.7B	4.2B	4.5B
Short Long Term Debt Total	173.3M	67.2M	77.5M	62.5M	54.4M	49.1M
Other Current Liab	1.4B	1.8B	4.1B	2.7B	3.1B	1.6B
Total Current Liabilities	1.4B	1.9B	4.1B	2.8B	3.1B	1.6B
Total Stockholder Equity	392.9M	476.9M	613.5M	842.9M	1.0B	1.1B
Property Plant And Equipment Net	115.4M	103.8M	112.0M	108.1M	94.4M	61.5M
Current Deferred Revenue	8.8M	9.4M	13.5M	24.5M	25.9M	15.9M
Net Debt	(77.6M)	(135.1M)	(62.2M)	(226.3M)	(347.4M)	(330.0M)
Retained Earnings	164.3M	235.1M	325.9M	466.7M	673.5M	707.1M
Accounts Payable	1.8M	4.2M	8.4M	6.2M	8.6M	9.1M
Cash	250.9M	202.3M	139.8M	288.8M	401.8M	421.9M
Non Current Assets Total	322.5M	382.0M	577.3M	647.2M	721.0M	757.0M
Cash And Short Term Investments	285.4M	206.7M	139.8M	288.8M	401.8M	421.9M
Net Receivables	4.9M	6.3M	15.8M	25.1M	33.0M	34.6M
Common Stock Shares Outstanding	55.8M	56.3M	56.4M	56.6M	57.0M	56.3M
Liabilities And Stockholders Equity	2.0B	2.4B	4.8B	3.7B	4.2B	4.5B
Non Current Liabilities Total	183.8M	70.9M	75.0M	78.0M	95.0M	47.7M
Other Current Assets	80.1M	1.8B	4.1B	2.7B	3.1B	3.2B
Other Stockholder Equity	227.9M	241.7M	289.8M	380.6M	360.5M	378.5M
Total Liab	1.6B	1.9B	4.2B	2.9B	3.2B	1.6B
Property Plant And Equipment Gross	115.4M	103.8M	112.0M	108.1M	185.0M	194.3M
Total Current Assets	1.7B	2.0B	4.2B	3.0B	3.5B	3.7B
Accumulated Other Comprehensive Income	675K	66K	(2.3M)	(4.5M)	(936K)	(982.8K)
Short Term Debt	8.1M	7.5M	8.4M	7.8M	(18.3M)	(17.4M)
Intangible Assets	49.9M	58.0M	107.5M	120.7M	144.7M	151.9M
Other Liab	10.5M	3.7M	5.9M	15.6M	17.9M	12.0M
Property Plant Equipment	66.7M	103.8M	112.0M	108.1M	124.4M	130.6M
Net Tangible Assets	321.4M	385.2M	404.1M	620.2M	713.2M	748.8M
Non Currrent Assets Other	128.0M	174.9M	236.8M	6.3M	355.1M	372.8M
Other Assets	133.0M	186.5M	255.9M	316.4M	(2.9B)	(2.7B)
Good Will	21.7M	33.7M	101.9M	102.1M	108.9M	114.4M
Retained Earnings Total Equity	(6.7M)	99.8M	164.3M	235.1M	270.4M	283.9M
Short Term Investments	732K	29.3M	34.6M	4.5M	5.1M	9.0M
Capital Surpluse	219.6M	208.0M	227.9M	241.7M	278.0M	212.1M
Inventory	1.3B	1.8B	4.5M	2.7B	(39.8M)	(37.8M)
Deferred Long Term Liab	8.8M	170.7M	229.1M	294.2M	338.4M	355.3M
Net Invested Capital	492.9M	476.9M	613.5M	842.9M	1.0B	567.5M

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Paylocity Free Cash Flow vs Net Income Analysis

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Paylocity Holdng fundamental ratios Correlations

Paylocity Holdng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Paylocity Holdng fundamental ratios Accounts

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Additional Tools for Paylocity Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity

Cash	- 0.93	Net Debt
Cash And Short Term Investments	- 0.91	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Net Receivables	- 0.89	Net Debt
Intangible Assets	- 0.87	Net Debt
Retained Earnings	- 0.87	Net Debt