Paychex Other Assets from 2010 to 2024

PAYX Stock  USD 141.24  1.15  0.81%   
Paychex Other Assets yearly trend continues to be fairly stable with very little volatility. Other Assets are likely to outpace its year average in 2024. During the period from 2010 to 2024, Paychex Other Assets regression line of annual values had r-squared of  0.89 and arithmetic mean of  278,070,783. View All Fundamentals
 
Other Assets  
First Reported
2000-02-29
Previous Quarter
535.3 M
Current Value
564.9 M
Quarterly Volatility
371.4 M
 
Dot-com Bubble
 
Housing Crash
 
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 185.3 M, Interest Expense of 39.2 M or Total Revenue of 5.5 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 Other Assets Growth Pattern

Below is the plot of the Other Assets of Paychex over the last few years. It is Paychex's Other 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.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Paychex Other Assets Regression Statistics

Arithmetic Mean278,070,783
Geometric Mean142,557,601
Coefficient Of Variation86.11
Mean Deviation222,806,998
Median377,400,000
Standard Deviation239,446,442
Sample Variance57334.6T
Range606.8M
R-Value0.95
Mean Square Error6501T
R-Squared0.89
Slope50,644,840
Total Sum of Squares802684.4T

Paychex Other Assets History

2024618.8 M
2023589.4 M
2021512.5 M
2020455.3 M
2019432 M
2018397.7 M
2017377.4 M

About Paychex Financial Statements

Paychex investors use historical fundamental indicators, such as Paychex's Other 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
Other Assets589.4 M618.8 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.