Texas Historical Balance Sheet

TPL Stock  USD 1,637  64.92  4.13%   
Trend analysis of Texas Pacific Land balance sheet accounts such as Liabilities And Stockholders Equity of 1.2 B, Property Plant And Equipment Net of 145 M, Non Current Assets Total of 308.6 M or Other Assets of 6.9 M provides information on Texas Pacific's total assets, liabilities, and equity, which is the actual value of Texas Pacific Land to its prevalent stockholders. By breaking down trends over time using Texas Pacific balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Texas Pacific Land latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Texas Pacific Land is a good buy for the upcoming year.

Texas Pacific Inventory

5.11 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Texas Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Texas Pacific Land at a specified time, usually calculated after every quarter, six months, or one year. Texas Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Texas Pacific and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Texas currently owns. An asset can also be divided into two categories, current and non-current.

Texas Pacific Balance Sheet Chart

At this time, Texas Pacific's Property Plant And Equipment Net is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 308.6 M this year, although the value of Other Assets will most likely fall to about 6.9 M.

Total Assets

Total assets refers to the total amount of Texas Pacific assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Texas Pacific Land books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most accounts from Texas Pacific's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Texas Pacific Land current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Texas Pacific's Property Plant And Equipment Net is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 308.6 M this year, although the value of Other Assets will most likely fall to about 6.9 M.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity651.7M772.9M1.0B1.1B
Total Assets764.1M877.4M1.2B1.2B

Texas Pacific balance sheet Correlations

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0.950.950.960.770.880.93-0.170.150.940.940.610.86-0.950.940.950.950.76-0.440.880.94-0.190.90.70.40.09
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0.170.160.150.060.280.280.290.490.10.130.21-0.02-0.140.160.140.140.42-0.30.210.080.190.090.30.50.07
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Texas Pacific Account Relationship Matchups

Texas Pacific balance sheet Accounts

201920202021202220232024 (projected)
Total Assets598.2M571.6M764.1M877.4M1.2B1.2B
Total Stockholder Equity512.1M485.2M651.7M772.9M1.0B1.1B
Retained Earnings512.1M487.9M668.0M866.1M1.2B1.2B
Common Stock Shares Outstanding23.3M23.3M23.3M23.2M23.1M24.2M
Liabilities And Stockholders Equity598.2M571.6M764.1M877.4M1.2B1.2B
Property Plant And Equipment Net120.5M127.4M125.9M133.0M138.1M145.0M
Non Current Assets Total124.5M131.9M128.5M134.3M293.9M308.6M
Non Currrent Assets Other4.0M4.5M2.5M1.3M(4.7M)(4.5M)
Other Assets111.1M211.3M111.6M6.3M7.3M6.9M
Net Receivables63.0M48.2M95.2M104.0M129.0M135.4M
Total Current Assets473.7M439.8M635.6M743.1M862.5M905.6M
Other Current Liab(12.8M)4.1M101K454K27.3M28.7M
Total Current Liabilities24.5M18.7M67.5M56.8M63.1M66.2M
Net Debt(300.3M)(278.2M)(426.8M)(508.9M)(724.0M)(687.8M)
Accounts Payable19.2M14.7M17.9M23.4M22.5M23.6M
Cash303.6M281.0M428.2M510.8M725.2M761.4M
Cash And Short Term Investments303.6M281.0M428.2M510.8M725.2M761.4M
Non Current Liabilities Total61.6M67.7M44.8M47.7M50.1M52.6M
Other Stockholder Equity(512.1M)(487.9M)(15.4M)(95.8M)(130.4M)(123.9M)
Total Liab86.0M86.5M112.4M104.5M113.2M118.9M
Property Plant And Equipment Gross120.5M79.3M166.5M185.9M200.1M210.1M
Other Current Assets(366.6M)2.0M6.1M18.6M2.9M3.1M
Property Plant Equipment195.4M81.7M81.5M242.7M279.1M293.1M
Other Liab58.2M64.9M60.0M63.0M72.4M76.1M
Accumulated Other Comprehensive Income(1.5M)(2.7M)(1.0M)2.5M1.8M1.9M
Current Deferred Revenue17.4M26.2M20.4M21.7M25.0M12.7M
Inventory107.1M108.5M109.1M109.7M5.4M5.1M
Short Term Debt13.4M696K26.2M0.011.7M6.9M
Net Tangible Assets512.1M485.2M651.7M772.9M888.8M933.3M
Common Stock245.8M513.6M487.9M78K89.7K85.2K
Cash And Equivalents303.6M281.0M428.2M510.8M587.5M616.8M
Net Invested Capital512.1M485.2M651.7M772.9M1.0B595.4M
Net Working Capital449.3M421.0M568.0M686.3M799.4M501.8M

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When determining whether Texas Pacific Land is a strong investment it is important to analyze Texas Pacific's 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 Texas Pacific's future performance. For an informed investment choice regarding Texas Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Oil & Gas Exploration & Production 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 Texas Pacific. If investors know Texas 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 Texas Pacific 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
0.011
Dividend Share
4.603
Earnings Share
19.48
Revenue Per Share
29.861
Quarterly Revenue Growth
0.099
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's 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 Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's 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 Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's 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.