Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tyler Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,938 Mil. Tyler Technologies's Total Assets for the quarter that ended in Dec. 2023 was $4,677 Mil.
Therefore, Tyler Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.
The historical rank and industry rank for Tyler Technologies's Equity-to-Asset or its related term are showing as below:
TYL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.65 Max: 0.76
Current: 0.63
During the past 13 years, the highest Equity to Asset Ratio of Tyler Technologies was 0.76. The lowest was 0.49. And the median was 0.65.
TYL's Equity-to-Asset is ranked better than 61.84% of 2838
companies
in the Software industry
Industry Median: 0.55
vs TYL: 0.63
Tyler Technologies Equity-to-Asset Historical Data
The historical data trend for Tyler Technologies's Equity-to-Asset 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.
For the Software - Application subindustry, Tyler Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution
For the Software industry and Technology sector, Tyler Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tyler Technologies's Equity-to-Asset falls into.
Tyler Technologies Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Tyler Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Tyler Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Tyler Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Tyler Technologies (Tyler Technologies) Business Description
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.
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