Tyler Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Tyler Technologies has a total shareholder equity of $3.3B and total debt of $597.5M, which brings its debt-to-equity ratio to 18.2%. Its total assets and total liabilities are $5.0B and $1.7B respectively. Tyler Technologies's EBIT is $276.0M making its interest coverage ratio -597.4. It has cash and short-term investments of $544.3M.
Key information
18.2%
Debt to equity ratio
US$597.50m
Debt
| Interest coverage ratio | -597.4x |
| Cash | US$544.28m |
| Equity | US$3.28b |
| Total liabilities | US$1.72b |
| Total assets | US$5.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYP's short term assets ($1.2B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: TYP's short term assets ($1.2B) exceed its long term liabilities ($699.8M).
Debt to Equity History and Analysis
Debt Level: TYP's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: TYP's debt to equity ratio has increased from 0% to 18.2% over the past 5 years.
Debt Coverage: TYP's debt is well covered by operating cash flow (91.6%).
Interest Coverage: TYP earns more interest than it pays, so coverage of interest payments is not a concern.