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Tyler Technologies (Tyler Technologies) Scaled Net Operating Assets : 0.75 (As of Dec. 2023)


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What is Tyler Technologies Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tyler Technologies's operating assets for the quarter that ended in Dec. 2023 was $4,501 Mil. Tyler Technologies's operating liabilities for the quarter that ended in Dec. 2023 was $1,042 Mil. Tyler Technologies's Total Assets for the quarter that ended in Sep. 2023 was $4,637 Mil. Therefore, Tyler Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.75.


Tyler Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Tyler Technologies's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Tyler Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.61 1.29 0.73 0.74

Tyler Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.74 0.78 0.76 0.75

Competitive Comparison of Tyler Technologies's Scaled Net Operating Assets

For the Software - Application subindustry, Tyler Technologies's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Tyler Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tyler Technologies's Scaled Net Operating Assets falls into.



Tyler Technologies Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tyler Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4500.785-1041.779)/4687.417
=0.74

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4676.663 - 175.878
=4500.785

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1738.668 - 636.028 - 60.861
=1041.779

Tyler Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(4500.785-1041.779)/4637.429
=0.75

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4676.663 - 175.878
=4500.785

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1738.668 - 636.028 - 60.861
=1041.779

* 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.


Tyler Technologies Scaled Net Operating Assets Related Terms

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Tyler Technologies (Tyler Technologies) Business Description

Traded in Other Exchanges
Address
5101 Tennyson Parkway, Plano, TX, USA, 75024
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
Brian K Miller officer: Vice President Finance 5101 TENNYSON PARKWAY, PLANO TX 75024
Marr John S Jr officer: Chief Operating Officer 370 US ROUTE 1, PALMOUTH ME 04105
Dustin R Womble officer: Executive VP 5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope director 5101 TENNYSON PARKWAY, PLANO TX 75024
Moore H Lynn Jr officer: VP and General Counsel 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
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
Brenda A Cline director 5101 TENNYSON PARKWAY, PLANO TX 75024
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