Tyler Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Tyler Technologies has a total shareholder equity of $3.1B and total debt of $597.1M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are $4.8B and $1.7B respectively. Tyler Technologies's EBIT is $257.1M making its interest coverage ratio 32.8. It has cash and short-term investments of $258.0M.
Key information
19.1%
Debt to equity ratio
US$597.07m
Debt
| Interest coverage ratio | 32.8x |
| Cash | US$258.01m |
| Equity | US$3.13b |
| Total liabilities | US$1.69b |
| Total assets | US$4.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYL *'s short term assets ($1.0B) exceed its short term liabilities ($987.3M).
Long Term Liabilities: TYL *'s short term assets ($1.0B) exceed its long term liabilities ($700.0M).
Debt to Equity History and Analysis
Debt Level: TYL *'s net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: TYL *'s debt to equity ratio has increased from 1.1% to 19.1% over the past 5 years.
Debt Coverage: TYL *'s debt is well covered by operating cash flow (77.2%).
Interest Coverage: TYL *'s interest payments on its debt are well covered by EBIT (32.8x coverage).