Texas Net Interest Income vs Net Income Analysis

TPL Stock  USD 1,730  214.47  14.15%   
Texas Pacific financial indicator trend analysis is much more than just breaking down Texas Pacific Land prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Texas Pacific Land is a good investment. Please check the relationship between Texas Pacific Net Interest Income and its Net Income accounts. 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.

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Texas Pacific Land Net Interest Income account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Texas Pacific's Net Interest Income and Net Income is 0.78. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Texas Pacific Land, assuming nothing else is changed. The correlation between historical values of Texas Pacific's Net Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Texas Pacific Land are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Texas Pacific's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Texas Pacific Land financial statement analysis. It represents the amount of money remaining after all of Texas Pacific Land operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Texas Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.15 this year, although Enterprise Value Over EBITDA will most likely fall to 17.10.
 2021 2022 2023 2024 (projected)
Gross Profit421.5M634.5M583.3M612.4M
Total Revenue451.0M667.4M631.6M663.2M

Texas Pacific fundamental ratios Correlations

1.01.00.830.940.97-0.150.290.991.00.660.95-0.990.970.990.990.81-0.430.960.98-0.050.950.960.790.470.17
1.01.00.830.930.97-0.170.270.991.00.680.95-1.00.961.01.00.79-0.420.950.98-0.040.950.950.780.450.16
1.01.00.810.910.97-0.210.230.990.990.70.95-1.00.951.01.00.76-0.390.930.97-0.010.960.940.760.410.15
0.830.830.810.840.76-0.20.540.790.840.440.8-0.80.830.80.80.76-0.660.840.81-0.20.770.870.710.680.06
0.940.930.910.840.890.160.530.920.940.460.87-0.90.980.890.890.91-0.520.960.95-0.160.880.980.890.670.28
0.970.970.970.760.89-0.20.240.960.950.760.88-0.960.910.970.970.77-0.390.90.93-0.030.930.920.730.310.28
-0.15-0.17-0.21-0.20.16-0.20.48-0.14-0.13-0.57-0.180.220.06-0.24-0.240.24-0.10.03-0.05-0.25-0.170.060.280.480.29
0.290.270.230.540.530.240.480.210.31-0.140.22-0.220.390.210.210.65-0.750.460.27-0.310.150.530.630.780.49
0.990.990.990.790.920.96-0.140.210.990.660.97-0.980.960.980.980.76-0.320.940.990.00.940.930.750.440.1
1.01.00.990.840.940.95-0.130.310.990.620.96-0.990.970.990.990.81-0.440.960.98-0.060.940.960.80.520.13
0.660.680.70.440.460.76-0.57-0.140.660.620.6-0.690.480.70.70.250.020.460.580.430.610.50.25-0.220.21
0.950.950.950.80.870.88-0.180.220.970.960.6-0.950.910.950.950.7-0.260.930.960.060.860.890.720.49-0.02
-0.99-1.0-1.0-0.8-0.9-0.960.22-0.22-0.98-0.99-0.69-0.95-0.94-1.0-1.0-0.760.39-0.94-0.970.01-0.95-0.93-0.77-0.42-0.14
0.970.960.950.830.980.910.060.390.960.970.480.91-0.940.940.940.89-0.50.980.98-0.180.940.970.850.630.16
0.991.01.00.80.890.97-0.240.210.980.990.70.95-1.00.941.00.76-0.380.930.96-0.010.950.930.750.390.14
0.991.01.00.80.890.97-0.240.210.980.990.70.95-1.00.941.00.76-0.380.930.96-0.010.950.930.740.390.14
0.810.790.760.760.910.770.240.650.760.810.250.7-0.760.890.760.76-0.710.910.79-0.290.760.910.890.70.42
-0.43-0.42-0.39-0.66-0.52-0.39-0.1-0.75-0.32-0.440.02-0.260.39-0.5-0.38-0.38-0.71-0.52-0.340.59-0.44-0.58-0.56-0.66-0.3
0.960.950.930.840.960.90.030.460.940.960.460.93-0.940.980.930.930.91-0.520.96-0.120.880.970.870.640.21
0.980.980.970.810.950.93-0.050.270.990.980.580.96-0.970.980.960.960.79-0.340.96-0.060.940.940.790.520.08
-0.05-0.04-0.01-0.2-0.16-0.03-0.25-0.310.0-0.060.430.060.01-0.18-0.01-0.01-0.290.59-0.12-0.06-0.19-0.17-0.13-0.360.19
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
0.960.950.940.870.980.920.060.530.930.960.50.89-0.930.970.930.930.91-0.580.970.94-0.170.90.90.650.3
0.790.780.760.710.890.730.280.630.750.80.250.72-0.770.850.750.740.89-0.560.870.79-0.130.70.90.720.5
0.470.450.410.680.670.310.480.780.440.52-0.220.49-0.420.630.390.390.7-0.660.640.52-0.360.40.650.720.07
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
Click cells to compare fundamentals

Texas Pacific Account Relationship Matchups

Texas Pacific fundamental ratios 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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
19.55
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.