Paychex Inc (PAYX)
141.39
+2.05
(+1.47%)
USD |
NASDAQ |
Dec 24, 16:00
Paychex Net Financial Debt (Quarterly)
Net Financial Debt (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Net Financial Debt Definition
Financial debt of a company after its ending cash balance has been subtracted. If a company has 50 million in financial debt, but 30 million in cash, the net financial debt is 20 million in financial debt. Because a company could use to use its cash immediately to pay off portions of its debt, this can illustrate that a company may be in less trouble than it appears.
Net Financial Debt (Quarterly) Range, Past 5 Years
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