Tyler Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Tyler Technologies has a total shareholder equity of $2.9B and total debt of $646.0M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are $4.7B and $1.7B respectively. Tyler Technologies's EBIT is $218.9M making its interest coverage ratio 10.8. It has cash and short-term investments of $175.9M.
Key information
22.0%
Debt to equity ratio
US$646.01m
Debt
| Interest coverage ratio | 10.8x |
| Cash | US$175.88m |
| Equity | US$2.94b |
| Total liabilities | US$1.74b |
| Total assets | US$4.68b |
Recent financial health updates
Tyler Technologies (NYSE:TYL) Seems To Use Debt Quite Sensibly
Mar 26
We Think Tyler Technologies (NYSE:TYL) Can Stay On Top Of Its Debt
Dec 03Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Jul 21Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Apr 09Tyler Technologies (NYSE:TYL) Could Easily Take On More Debt
Dec 28Does Tyler Technologies (NYSE:TYL) Have A Healthy Balance Sheet?
Sep 01Recent updates
Tyler Technologies: Valuation Continues To Be A Concern
Apr 18Tyler Technologies, Inc.'s (NYSE:TYL) Share Price Not Quite Adding Up
Apr 16Tyler Technologies (NYSE:TYL) Seems To Use Debt Quite Sensibly
Mar 26Analysts Have Made A Financial Statement On Tyler Technologies, Inc.'s (NYSE:TYL) Yearly Report
Feb 17Tyler Technologies: High-Quality IT Service Provider For Public Sector
Jan 10Tyler Technologies, Inc.'s (NYSE:TYL) Share Price Not Quite Adding Up
Dec 25We Think Tyler Technologies (NYSE:TYL) Can Stay On Top Of Its Debt
Dec 03Tyler Technologies Q3: AI And Public Safety Growth Set To Bolster Growth Outlook
Nov 28Tyler Technologies: High-Quality Business But Massively Overvalued
Nov 15Calculating The Fair Value Of Tyler Technologies, Inc. (NYSE:TYL)
Sep 28Tyler Technologies: Recommending Buy Rating Based On Strong Demand Trend
Sep 05Is There Now An Opportunity In Tyler Technologies, Inc. (NYSE:TYL)?
Aug 10Tyler Technologies: Earnings Beat Supported By Strong Demand
Aug 02Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Jul 21Tyler Technologies: Solid 2030 Vision But Still Outside Buy Zone
Jul 11Tyler Technologies: SaaS Transition Unlocks A Significant Opportunity
Jun 29Is Tyler Technologies, Inc. (NYSE:TYL) Expensive For A Reason? A Look At Its Intrinsic Value
May 25What Is Tyler Technologies, Inc.'s (NYSE:TYL) Share Price Doing?
Apr 30Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Apr 09Tyler Technologies: Great Vision. Fully Valued
Feb 13Is There Now An Opportunity In Tyler Technologies, Inc. (NYSE:TYL)?
Jan 12Tyler Technologies (NYSE:TYL) Could Easily Take On More Debt
Dec 28Tyler Technologies, Inc. (NYSE:TYL) Shares Could Be 33% Above Their Intrinsic Value Estimate
Dec 13Here's Why We Think Tyler Technologies (NYSE:TYL) Might Deserve Your Attention Today
Nov 10Tyler Technologies - Growing Governmental IT Spending
Nov 04Tyler Technologies to acquire payment platform Rapid Financial in $68M deal
Oct 27Tyler Technologies signs third statewide agreement in Oregon
Oct 21Tyler Technologies extends contract digital solutions contract in Kansas
Oct 11At US$348, Is It Time To Put Tyler Technologies, Inc. (NYSE:TYL) On Your Watch List?
Oct 02Tyler Technologies extends contract for digital govt, payment solutions in Vermont
Sep 20Does Tyler Technologies (NYSE:TYL) Have A Healthy Balance Sheet?
Sep 01Tyler Technologies: Risk Far Outweighs The Reward
Aug 23If EPS Growth Is Important To You, Tyler Technologies (NYSE:TYL) Presents An Opportunity
Aug 02Tyler Technologies partners with Infinite Campus for student information solutions
Jul 21A Look At The Intrinsic Value Of Tyler Technologies, Inc. (NYSE:TYL)
Jul 18Florida's Orange County selects Tyler Technologies' Enterprise Assessment & Tax solution
Jul 14Is There Now An Opportunity In Tyler Technologies, Inc. (NYSE:TYL)?
Jun 06Tyler Technologies: When Growth Just Isn't Enough
May 24Calculating The Fair Value Of Tyler Technologies, Inc. (NYSE:TYL)
Mar 21Financial Position Analysis
Short Term Liabilities: TYL's short term assets ($860.6M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: TYL's short term assets ($860.6M) exceed its long term liabilities ($737.5M).
Debt to Equity History and Analysis
Debt Level: TYL's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: TYL's debt to equity ratio has increased from 0% to 22% over the past 5 years.
Debt Coverage: TYL's debt is well covered by operating cash flow (58.9%).
Interest Coverage: TYL's interest payments on its debt are well covered by EBIT (10.8x coverage).