Texas Pacific Land Balance Sheet Health
Financial Health criteria checks 6/6
Texas Pacific Land has a total shareholder equity of $1.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2B and $113.2M respectively. Texas Pacific Land's EBIT is $486.6M making its interest coverage ratio -17.5. It has cash and short-term investments of $725.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -17.5x |
| Cash | US$725.17m |
| Equity | US$1.04b |
| Total liabilities | US$113.20m |
| Total assets | US$1.16b |
Recent financial health updates
No updates
Recent updates
Texas Pacific Land: Striking Black Gold In The Permian
Apr 10Texas Pacific Land's (NYSE:TPL) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28
Landlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land Stock
Feb 23Calculating The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)
Feb 20Texas Pacific Land Is Downgraded To Sell From Hold
Jan 18Texas Pacific: Issue Stock To Buy Land, Cause They Are Not Making It Any More
Jan 02Texas Pacific Land Corporation's (NYSE:TPL) Business Is Yet to Catch Up With Its Share Price
Dec 18Texas Pacific Land: Owning Dirt In The Permian
Nov 22We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise
Nov 04Black Gold And Vast Lands: The Texas Pacific Land Corp Story
Sep 22Here's Why We Think Texas Pacific Land (NYSE:TPL) Might Deserve Your Attention Today
Sep 09A Look At The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)
Aug 01Texas Pacific Land: Almost Like A Permian Basin ETF
Jul 13Texas Pacific Land: Sneaking Back Into The Bargain Bin
Jul 03There And Back Again: A Texas Pacific Bubble Story
May 30Is Now The Time To Put Texas Pacific Land (NYSE:TPL) On Your Watchlist?
May 28A Boring Look At Texas Pacific Land Litigation Against Horizon Kinetics
May 23Texas Pacific Land and bpx energy enter water and surface use agreements
Feb 23We Ran A Stock Scan For Earnings Growth And Texas Pacific Land (NYSE:TPL) Passed With Ease
Feb 17Texas Pacific Land raises quarterly dividend by 8.3% to $3.25/share
Feb 13Texas Pacific Land: Still Expensive And With Principal-Agent Problems
Feb 07Is Texas Pacific Land Corporation (NYSE:TPL) Worth US$2.0k Based On Its Intrinsic Value?
Jan 30Texas Pacific Land goes ex dividend tomorrow
Dec 06We Take A Look At Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO May Be Underpaid
Nov 10If EPS Growth Is Important To You, Texas Pacific Land (NYSE:TPL) Presents An Opportunity
Nov 04Texas Pacific Land GAAP EPS of $16.82 beats by $2.44, revenue of $191.11M beats by $15.44M
Nov 02Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)
Oct 20Texas Pacific Land Corporation's Royalties Have Strong Upside Potential
Sep 17Texas Pacific Land goes ex-dividend tomorrow
Sep 06Does Texas Pacific Land (NYSE:TPL) Deserve A Spot On Your Watchlist?
Aug 05Texas Pacific Land GAAP EPS of $15.37 misses by $0.08, revenue of $176.27M beats by $1.48M
Aug 03Is Texas Pacific Land Corporation (NYSE:TPL) Trading At A 20% Discount?
Jul 20Why I Sold My Remaining Texas Pacific Land Shares
Jun 15Horizon Kinetics - Texas Pacific Land Corp: A Strategic Alliance With Cryptocurrency Mining Companies
Jun 07Earnings Miss: Texas Pacific Land Corporation Missed EPS By 8.3% And Analysts Are Revising Their Forecasts
May 07LRT Capital - Texas Pacific Land Trust: Competitively Advantaged In The Commodity Space
May 06Financial Position Analysis
Short Term Liabilities: TPL's short term assets ($862.5M) exceed its short term liabilities ($44.4M).
Long Term Liabilities: TPL's short term assets ($862.5M) exceed its long term liabilities ($68.8M).
Debt to Equity History and Analysis
Debt Level: TPL is debt free.
Reducing Debt: TPL has not had any debt for past 5 years.
Debt Coverage: TPL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPL has no debt, therefore coverage of interest payments is not a concern.