TYL (Tyler Technologies) Debt-to-Equity : 0.20 (As of Sep. 2024)

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What is Tyler Technologies Debt-to-Equity?

Tyler Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11 Mil. Tyler Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $631 Mil. Tyler Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,275 Mil. Tyler Technologies's debt to equity for the quarter that ended in Sep. 2024 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tyler Technologies's Debt-to-Equity or its related term are showing as below:

TYL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 0.75
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Tyler Technologies was 0.75. The lowest was 0.01. And the median was 0.20.

TYL's Debt-to-Equity is ranked better than
52.49% of 2212 companies
in the Software industry
Industry Median: 0.22 vs TYL: 0.20

Tyler Technologies Debt-to-Equity Historical Data

The historical data trend for Tyler Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tyler Technologies Debt-to-Equity Chart

Tyler Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.60

0.40

0.24

Tyler Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.24	0.21	0.21	0.20

Competitive Comparison of Tyler Technologies's Debt-to-Equity

For the Software - Application subindustry, Tyler Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tyler Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Tyler Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tyler Technologies's Debt-to-Equity falls into.

Tyler Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tyler Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(60.861	+	636.028)	/	2937.995
	=	0.24

Tyler Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(10.653	+	631.176)	/	3275.112
	=	0.20

Tyler Technologies (NYSE:TYL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tyler Technologies Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tyler Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tyler Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyler Technologies Inc (NYSE:TYL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TYP:Germany TYP:Germany

Address

5101 Tennyson Parkway, Plano, TX, USA, 75024

Website

https://www.tylertech.com

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.

Executives

Marr John S Jr	officer: Chief Operating Officer	370 US ROUTE 1, PALMOUTH ME 04105
Moore H Lynn Jr	officer: VP and General Counsel	5101 TENNYSON PARKWAY, PLANO TX 75024
Brian K Miller	officer: Vice President Finance	5101 TENNYSON PARKWAY, PLANO TX 75024
Glenn A Carter	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Jeffrey David Puckett	officer: Chief Operating Officer	5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Brenda A Cline	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Dustin R Womble	officer: Executive VP	5101 TENNYSON PARKWAY, PLANO TX 75024
Luther Jr King	director	5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Hawkins Ronnie D. Jr.	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Donald R Brattain	director
Mary L. Landrieu	director	100 CENTURYLINK DRIVE, MONROE LA 71203
Larry D Leinweber	director	NEW WORLD SYSTEMS, INC, 888 WEST BIG BEAVER, SUITE 600, TROY MI 48084
John M Yeaman	director, officer: Chairman	5101 TENNYSON PARKWAY, PLANO TX 75024
Bruce Graham	officer: Executive Vice President	5101 TENNYSON PARKWAY, PLANO TX 75024