Tyler Technologies Inc (TYL)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 597,934 | 597,502 | 597,069 | 596,638 | 596,206 | 705,170 | 839,074 | 838,517 | 957,389 | 1,046,190 | 1,233,090 | 1,292,180 | 1,311,280 | 805,535 | 927,559 | 591,483 | 0 | 0 | 0 | 0 |
| Total assets | US$ in thousands | 5,180,020 | 4,996,510 | 4,819,480 | 4,608,760 | 4,676,660 | 4,637,430 | 4,635,550 | 4,555,640 | 4,687,420 | 4,675,370 | 4,787,050 | 4,723,810 | 4,732,160 | 4,682,940 | 4,641,000 | 3,231,790 | 2,607,270 | 2,492,160 | 2,382,600 | 2,219,380 |
| Debt-to-assets ratio | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.15 | 0.18 | 0.18 | 0.20 | 0.22 | 0.26 | 0.27 | 0.28 | 0.17 | 0.20 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $597,934K ÷ $5,180,020K
= 0.12
Tyler Technologies Inc's debt-to-assets ratio has shown a relatively stable trend over the past years. From March 31, 2020 to December 31, 2024, the ratio ranged between 0.00 and 0.28, with the latest reported figure as of December 31, 2024 standing at 0.12. A lower debt-to-assets ratio generally indicates lower financial risk, suggesting that the company has been using more equity financing relative to debt to support its assets. This may be perceived positively by investors and creditors as it signals a lower reliance on borrowed funds. However, it is essential to monitor any fluctuations in the ratio over time to assess changes in the company's capital structure and financial risk profile.
Peer comparison
Dec 31, 2024