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Paychex IncNASDAQ PAYX Stock Report

Last reporting period 31 May, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

48.54

Mega

Exchange

XNAS - Nasdaq

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Paychex Financial Leverage

3.251

Last period Financial Leverage ,USD

-1%

Financial Leverage has decreased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Paychex ?

Paychex`s Financial Leverage for the last twelve months ended 2024-05-31 is 3.251

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