Texas Pacific Land Balance Sheet Health
Financial Health criteria checks 6/6
Texas Pacific Land has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.3B and $109.4M respectively. Texas Pacific Land's EBIT is $530.6M making its interest coverage ratio -14.6. It has cash and short-term investments of $894.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -14.6x |
| Cash | US$894.70m |
| Equity | US$1.21b |
| Total liabilities | US$109.37m |
| Total assets | US$1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9WY's short term assets ($1.0B) exceed its short term liabilities ($44.3M).
Long Term Liabilities: 9WY's short term assets ($1.0B) exceed its long term liabilities ($65.1M).
Debt to Equity History and Analysis
Debt Level: 9WY is debt free.
Reducing Debt: 9WY has not had any debt for past 5 years.
Debt Coverage: 9WY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9WY has no debt, therefore coverage of interest payments is not a concern.