Texas Pacific Land Corporation (TPL) — Defensive Interval Ratio
Texas Pacific Land Corporation (TPL) has a Defensive Interval Ratio of 642 days as of March 2026. Defensive assets of $181.05 Million (cash $-, short-term investments $-, receivables $181.05 Million) cover 642 days of daily cash needs of $281.99K/day. See net assets of Texas Pacific Land Corporation for net asset value and shareholders' equity analysis.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Texas Pacific Land Corporation Defensive Interval Ratio (1995–2025)
This chart shows how Texas Pacific Land Corporation's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 642 days, meaning defensive assets of $181.05 Million can fund 642 days of operations without new revenue. Explore Texas Pacific Land Corporation operating cash flow efficiency to assess how effectively this company generates cash.
Annual Defensive Interval Ratio for Texas Pacific Land Corporation (1995–2025)
The table below presents the year-by-year Defensive Interval Ratio for Texas Pacific Land Corporation from 1995 to 2025, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TPL stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 1557 days | $309.71 Million | $198.92K/day | $144.81 Million | $- | ▼ -1443 days |
| 2024 | 3000 days | $496.50 Million | $165.48K/day | $369.83 Million | $- | ▼ -2426 days |
| 2023 | 5426 days | $937.55 Million | $172.78K/day | $725.17 Million | $83.42 Million | ▲ +1477 days |
| 2022 | 3950 days | $614.82 Million | $155.66K/day | $510.83 Million | $- | ▲ +1121 days |
| 2021 | 2829 days | $523.46 Million | $185.04K/day | $428.24 Million | $- | ▼ -3586 days |
| 2020 | 6415 days | $329.26 Million | $51.33K/day | $281.05 Million | $- | ▲ +945 days |
| 2019 | 5470 days | $366.64 Million | $67.02K/day | $303.64 Million | $- | ▲ +396 days |
| 2018 | 5075 days | $168.40 Million | $33.18K/day | $119.65 Million | $- | ▼ -104 days |
| 2017 | 5179 days | $97.78 Million | $18.88K/day | $79.58 Million | $0.00 | ▼ -1521 days |
| 2016 | 6700 days | $56.06 Million | $8.37K/day | $49.42 Million | $0.00 | ▲ +5842 days |
| 2015 | 858 days | $3.93 Million | $4.58K/day | $- | $0.00 | ▼ -226 days |
| 2014 | 1084 days | $4.14 Million | $3.82K/day | $- | $0.00 | ▼ -936 days |
| 2013 | 2020 days | $7.61 Million | $3.77K/day | $- | $0.00 | ▼ -816 days |
| 2012 | 2836 days | $11.07 Million | $3.90K/day | $- | $0.00 | ▲ +959 days |
| 2011 | 1877 days | $13.15 Million | $7.01K/day | $- | $0.00 | ▲ +1750 days |
| 2010 | 126 days | $2.16 Million | $17.13K/day | $- | $- | ▲ +35 days |
| 2009 | 91 days | $1.63 Million | $17.84K/day | $- | $- | ▼ -955 days |
| 2008 | 1046 days | $18.83 Million | $18.00K/day | $- | $- | ▲ +29 days |
| 2007 | 1017 days | $21.17 Million | $20.81K/day | $- | $- | ▼ -19954 days |
| 2006 | 20971 days | $21.96 Million | $1.05K/day | $- | $- | ▲ +7922 days |
| 2005 | 13049 days | $29.60 Million | $2.27K/day | $- | $9.40 Million | ▼ -5012 days |
| 2004 | 18061 days | $27.85 Million | $1.54K/day | $- | $5.60 Million | ▼ -154390 days |
| 2003 | 172451 days | $14.85 Million | $86.12/day | $- | $4.35 Million | ▼ -373029 days |
| 2002 | 545480 days | $15.12 Million | $27.73/day | $- | $3.20 Million | ▼ -128699 days |
| 2001 | 674179 days | $13.92 Million | $20.65/day | $- | $2.50 Million | ▲ +604004 days |
| 2000 | 70175 days | $9.94 Million | $141.67/day | $- | $1.35 Million | ▲ +24723 days |
| 1999 | 45452 days | $10.04 Million | $220.96/day | $- | $1.65 Million | ▲ +44507 days |
| 1998 | 945 days | $13.46 Million | $14.25K/day | $- | $2.45 Million | ▲ +44 days |
| 1997 | 901 days | $11.11 Million | $12.33K/day | $- | $1.80 Million | ▲ +220 days |
| 1996 | 681 days | $6.72 Million | $9.86K/day | $- | $1.65 Million | ▼ -17 days |
| 1995 | 698 days | $6.88 Million | $9.86K/day | $- | $2.95 Million | — |