Tyler Technologies Financial Health
How is Tyler Technologies's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TYL's short term assets ($860.2M) exceed its short term liabilities ($812.2M).
Long Term Liabilities: TYL's short term assets ($860.2M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: TYL's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: TYL's debt to equity ratio has increased from 0% to 42.2% over the past 5 years.
Debt Coverage: TYL's debt is well covered by operating cash flow (34.8%).
Interest Coverage: TYL's interest payments on its debt are well covered by EBIT (9.9x coverage).