Tyler Current Ratio from 2010 to 2024

TYL Stock  USD 630.44  4.75  0.75%   
Tyler Technologies Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 1.61 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.85960677
Current Value
1.61
Quarterly Volatility
0.3845782
 
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Yuan Drop
 
Covid
Check Tyler Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tyler Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.3 M, Total Revenue of 2 B or Gross Profit of 825.8 M, as well as many indicators such as Price To Sales Ratio of 9.45, Dividend Yield of 0.0048 or PTB Ratio of 3.52. Tyler financial statements analysis is a perfect complement when working with Tyler Technologies Valuation or Volatility modules.
  
Check out the analysis of Tyler Technologies Correlation against competitors.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.

Latest Tyler Technologies' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Tyler Technologies over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Tyler Technologies' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tyler Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.06 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Tyler Current Ratio Regression Statistics

Arithmetic Mean1.18
Geometric Mean1.12
Coefficient Of Variation32.60
Mean Deviation0.31
Median1.16
Standard Deviation0.38
Sample Variance0.15
Range1.2663
R-Value0.20
Mean Square Error0.15
R-Squared0.04
Significance0.47
Slope0.02
Total Sum of Squares2.07

Tyler Current Ratio History

2024 1.61
2023 0.86
2022 0.95
2021 1.16
2020 1.97
2019 1.34
2018 1.22

About Tyler Technologies Financial Statements

Tyler Technologies investors utilize fundamental indicators, such as Current Ratio, to predict how Tyler Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 0.86  1.61 

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When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports:
Check out the analysis of Tyler Technologies Correlation against competitors.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyler Technologies. If investors know Tyler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.582
Earnings Share
5.48
Revenue Per Share
48.923
Quarterly Revenue Growth
0.098
Return On Assets
0.0358
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.