Tyler Technologies has the Financial Strength Rank of 7. It shows strong financial strength and is unlikely to fall into distressed situations.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Tyler Technologies's interest coverage with the available data.
Tyler Technologies's debt to revenue ratio for the quarter that ended in Sep. 2020 was 0.07.
As of today, Tyler Technologies's Altman Z-Score is 19.02.
Competitive Comparison
* 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.
Tyler Technologies Financial Strength Distribution
* The bar in red indicates where Tyler Technologies's Financial Strength falls into.
Tyler Technologies Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Tyler Technologies's Interest Expense for the
months ended in Sep. 2020 was $0 Mil. Its Operating Income for the
months ended in Sep. 2020 was $50 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $13 Mil.
Tyler Technologies's Interest Coverage for the quarter that ended in Sep. 2020 is
| GuruFocus does not calculate Tyler Technologies's interest coverage with the available data. |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies interest coverage is at least 5. Tyler Technologies Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Tyler Technologies's Debt to Revenue Ratio for the quarter that ended in Sep. 2020 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Tyler Technologies has a Z-score of 19.02, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 19.02 is strong.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Tyler Technologies Financial Strength Headlines
Excel Add-In GURUF
API
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
My Gurus
3.47(0.81%) Volume: 98,566 4:00PM EST
Email Alerts
Stock PDF
RSS
Website
Filings
Manual of Stocks™ Web APP
NYSE:TYL has been successfully added to your 
