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
Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Sep 27
We Think Tyler Technologies (NYSE:TYL) Can Manage Its Debt With Ease
Jun 28Tyler Technologies (NYSE:TYL) Seems To Use Debt Quite Sensibly
Mar 26Recent updates
Do Tyler Technologies' (NYSE:TYL) Earnings Warrant Your Attention?
Nov 25Investor Optimism Abounds Tyler Technologies, Inc. (NYSE:TYL) But Growth Is Lacking
Nov 10Tyler Technologies: Solid Revenue Growth Outlook With Margin Expansion
Oct 29A Look At The Intrinsic Value Of Tyler Technologies, Inc. (NYSE:TYL)
Oct 12Is Tyler Technologies (NYSE:TYL) Using Too Much Debt?
Sep 27Tyler Technologies: Strong SaaS Growth Cannot Justify Over 60x FCF; Rating Downgrade
Sep 19Tyler Technologies: Cloud Transition Continues To Drive Growth And Margin Expansion
Jul 26Some Shareholders Feeling Restless Over Tyler Technologies, Inc.'s (NYSE:TYL) P/S Ratio
Jul 16We Think Tyler Technologies (NYSE:TYL) Can Manage Its Debt With Ease
Jun 28Calculating The Fair Value Of Tyler Technologies, Inc. (NYSE:TYL)
Jun 10Tyler Technologies: Leading Player In A Large And Growing TAM
May 10Tyler 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 Q3: AI And Public Safety Growth Set To Bolster Growth Outlook
Nov 28Tyler Technologies: High-Quality Business But Massively Overvalued
Nov 15Tyler Technologies: Recommending Buy Rating Based On Strong Demand Trend
Sep 05Tyler Technologies: Earnings Beat Supported By Strong Demand
Aug 02Tyler Technologies: Solid 2030 Vision But Still Outside Buy Zone
Jul 11Tyler Technologies: SaaS Transition Unlocks A Significant Opportunity
Jun 29Tyler Technologies: Great Vision. Fully Valued
Feb 13Tyler Technologies - Growing Governmental IT Spending
Nov 04Financial Position Analysis
Short Term Liabilities: TYL's short term assets ($1.2B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: TYL's short term assets ($1.2B) exceed its long term liabilities ($699.8M).
Debt to Equity History and Analysis
Debt Level: TYL's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: TYL's debt to equity ratio has increased from 0% to 18.2% over the past 5 years.
Debt Coverage: TYL's debt is well covered by operating cash flow (91.6%).
Interest Coverage: TYL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:09 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tyler Technologies, Inc. is covered by 39 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Oliver | Baird |
| Ishan Majumdar | Baptista Research |
| Saket Kalia | Barclays |