Payroll

Payroll Net Debt/FCF

Delisted

The Net Debt to Free Cash Flow Ratio of Payroll (4489.T) as of Nov 7, 2026 is 2.33. In the previous year, Net Debt to Free Cash Flow Ratio was 3.34 — a change of -30.21% (lower).

Net Debt/FCF

2.33

YoY

-30.21%

Last updated:

Net Debt to Free Cash Flow Ratio of Payroll is 2024 2.33 . Net Debt to Free Cash Flow Ratio of Payroll was 2023 3.34 . It decreases by -30.21% lower compared to the previous year.

The Payroll Net Debt/FCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/FCF
Date
Net Debt/FCF
Jan 1, 2019
8.13 JPY
Jan 1, 2020
8.70 JPY
Jan 1, 2021
4.14 JPY
Jan 1, 2022
5.65 JPY
Jan 1, 2023
3.34 JPY
Jan 1, 2024
2.33 JPY
The Payroll Net Debt/FCF history
YEARNet Debt/FCFYoY
2.33-30.21%
3.34-40.81%
5.65+36.47%
4.14-52.44%
8.70+7.02%
8.13—

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Payroll Stock analysis

What does Payroll do? Payroll, Inc. generates revenue through its BPO segment, which offers full-scope outsourcing services for human resources-related tasks including payroll calculation, year-end adjustment assistance, and my number management. The company provides payroll business outsourcing services such as payroll services, payroll optional services, welfare counter services, and direct response services, alongside my number management services like my number operation and management, and my number appendix services. These offerings are primarily purchased by businesses seeking comprehensive HR support without in-house expertise. The firm's services target organizations requiring efficient payroll processing and compliance with Japanese administrative systems, particularly those managing employee data under the my number system. Payroll, Inc. caters to clients needing end-to-end solutions for payroll operations, from initial design to ongoing management, with a focus on accuracy and regulatory adherence in Japan's complex HR environment. Revenue streams include contracts for payroll services, optional add-ons, and specialized my number management tasks. Clients range from small businesses to large enterprises across various industries, all aiming to outsource non-core HR functions to streamline operations and reduce administrative burdens. Payroll is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Payroll stock

Net Debt to Free Cash Flow Ratio of Payroll is 2.33 in 2024.

Net Debt to Free Cash Flow Ratio of Payroll changed from 3.34 to 2.33, representing a -30.21% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Free Cash Flow Ratio Payroll since 2006 – with annual values, charts, and detailed analysis.

Net Debt/FCF indicates how many years it would take to repay net debt using free cash flow. Lower ratios suggest faster deleveraging potential.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Free Cash Flow Ratio's Payroll with sector peers and the industry average to assess whether it is attractive.

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Leverage — Payroll

All Key Metrics — Payroll