Texas Pacific Land Corporation (TPL) — Net Asset Quality Index
Texas Pacific Land Corporation (TPL) has a Net Asset Quality Index of 88.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.75 Billion minus total liabilities of $195.51 Million yields net assets of $1.56 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See TPL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Texas Pacific Land Corporation Net Asset Quality Index Over Time (1995–2025)
This chart shows how Texas Pacific Land Corporation's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the index stands at 88.8%, representing net assets of $1.56 Billion against total assets of $1.75 Billion USD. Explore TPL cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Texas Pacific Land Corporation (1995–2025)
The table below presents the year-by-year Net Asset Quality Index for Texas Pacific Land Corporation from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Texas Pacific Land Corporation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.9% | $1.46 Billion | $1.62 Billion | $164.37 Million | ▼ -0.9 pp |
| 2024 | 90.7% | $1.13 Billion | $1.25 Billion | $115.56 Million | ▲ +0.5 pp |
| 2023 | 90.2% | $1.04 Billion | $1.16 Billion | $113.20 Million | ▲ +2.1 pp |
| 2022 | 88.1% | $772.89 Million | $877.43 Million | $104.54 Million | ▲ +2.8 pp |
| 2021 | 85.3% | $651.71 Million | $764.06 Million | $112.35 Million | ▲ +0.4 pp |
| 2020 | 84.9% | $485.18 Million | $571.63 Million | $86.45 Million | ▼ -0.7 pp |
| 2019 | 85.6% | $512.14 Million | $598.18 Million | $86.04 Million | ▼ -0.2 pp |
| 2018 | 85.8% | $244.69 Million | $285.07 Million | $40.38 Million | ▲ +23.7 pp |
| 2017 | 62.1% | $79.19 Million | $127.46 Million | $48.27 Million | ▼ -14.1 pp |
| 2016 | 76.3% | $47.62 Million | $62.45 Million | $14.83 Million | ▼ -14.3 pp |
| 2015 | 90.6% | $45.69 Million | $50.44 Million | $4.75 Million | ▲ +9.9 pp |
| 2014 | 80.7% | $26.72 Million | $33.10 Million | $6.38 Million | ▲ +0.5 pp |
| 2013 | 80.2% | $17.93 Million | $22.36 Million | $4.43 Million | ▲ +6.6 pp |
| 2012 | 73.6% | $15.60 Million | $21.19 Million | $5.59 Million | ▼ -1.3 pp |
| 2011 | 74.9% | $20.55 Million | $27.43 Million | $6.89 Million | ▲ +1.7 pp |
| 2010 | 73.2% | $18.30 Million | $24.99 Million | $6.69 Million | ▼ -0.3 pp |
| 2009 | 73.6% | $19.70 Million | $26.79 Million | $7.08 Million | ▼ -2.9 pp |
| 2008 | 76.4% | $23.52 Million | $30.79 Million | $7.26 Million | ▲ +0.2 pp |
| 2007 | 76.2% | $24.89 Million | $32.66 Million | $7.77 Million | ▲ +0.9 pp |
| 2006 | 75.3% | $24.44 Million | $32.47 Million | $8.03 Million | ▼ -0.9 pp |
| 2005 | 76.2% | $24.61 Million | $32.30 Million | $7.69 Million | ▲ +3.3 pp |
| 2004 | 72.9% | $22.71 Million | $31.15 Million | $8.44 Million | ▼ -3.5 pp |
| 2003 | 76.4% | $13.99 Million | $18.32 Million | $4.33 Million | ▲ +1.7 pp |
| 2002 | 74.6% | $13.98 Million | $18.74 Million | $4.75 Million | ▼ -0.2 pp |
| 2001 | 74.9% | $13.20 Million | $17.63 Million | $4.43 Million | ▲ +1.4 pp |
| 2000 | 73.5% | $11.27 Million | $15.33 Million | $4.06 Million | ▼ -0.5 pp |
| 1999 | 74.0% | $11.75 Million | $15.88 Million | $4.13 Million | ▲ +1.6 pp |
| 1998 | 72.3% | $13.64 Million | $18.86 Million | $5.21 Million | ▼ -1.0 pp |
| 1997 | 73.3% | $12.22 Million | $16.67 Million | $4.45 Million | ▼ -0.6 pp |
| 1996 | 73.9% | $10.13 Million | $13.71 Million | $3.58 Million | ▼ -0.2 pp |
| 1995 | 74.1% | $10.29 Million | $13.90 Million | $3.61 Million | — |