Texas Pacific Land Trust (TPL) - Total Assets
Based on the latest financial reports, Texas Pacific Land Trust (TPL) holds total assets worth $1.52 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Texas Pacific Land Trust for net asset value and shareholders' equity analysis.
Texas Pacific Land Trust - Total Assets Trend (1985–2024)
This chart illustrates how Texas Pacific Land Trust's total assets have evolved over time, based on quarterly financial data.
Texas Pacific Land Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
Texas Pacific Land Trust's total assets of $1.52 Billion consist of 40.3% current assets and 59.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $369.83 Million | 29.6% |
| Accounts Receivable | $126.67 Million | 10.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $699.32 Million | 56.0% |
| Intangible Assets | $35.19 Million | 2.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how Texas Pacific Land Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Texas Pacific Land Trust (TPL) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Texas Pacific Land Trust's current assets represent 40.3% of total assets in 2024, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 29.6% of total assets in 2024, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 56.0% of total assets.
Texas Pacific Land Trust Competitors by Total Assets
Key competitors of Texas Pacific Land Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Canadian Natural Resources Ltd
TO:CNQ
|
Canada | CA$85.59 Billion |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
Australia | AU$66.55 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$1.98 Billion |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.52 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$2.50 Billion |
Texas Pacific Land Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 9.75 | 9.95 | 8.41 |
| Quick Ratio | 9.75 | 9.95 | 5.66 |
| Cash Ratio | 7.03 | 7.49 | 0.00 |
| Working Capital | $661.54 Million | $637.71 Million | $292.98 Million |
Texas Pacific Land Trust - Advanced Valuation Insights
This section examines the relationship between Texas Pacific Land Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 18.87 |
| Latest Market Cap to Assets Ratio | 7.98 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | $1.25 Billion |
| Market Capitalization | $9.96 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Texas Pacific Land Trust's assets at a significant premium (7.98x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Texas Pacific Land Trust's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Texas Pacific Land Trust (1985–2024)
The table below shows the annual total assets of Texas Pacific Land Trust from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.25 Billion | +7.92% |
| 2023-12-31 | $1.16 Billion | +31.79% |
| 2022-12-31 | $877.43 Million | +14.84% |
| 2021-12-31 | $764.06 Million | +33.66% |
| 2020-12-31 | $571.63 Million | -4.44% |
| 2019-12-31 | $598.18 Million | +109.83% |
| 2018-12-31 | $285.07 Million | +123.66% |
| 2017-12-31 | $127.46 Million | +104.09% |
| 2016-12-31 | $62.45 Million | +23.83% |
| 2015-12-31 | $50.44 Million | +52.36% |
| 2014-12-31 | $33.10 Million | +48.06% |
| 2013-12-31 | $22.36 Million | +5.52% |
| 2012-12-31 | $21.19 Million | -22.77% |
| 2011-12-31 | $27.43 Million | +9.78% |
| 2010-12-31 | $24.99 Million | -6.71% |
| 2009-12-31 | $26.79 Million | -12.98% |
| 2008-12-31 | $30.79 Million | -5.73% |
| 2007-12-31 | $32.66 Million | +0.58% |
| 2006-12-31 | $32.47 Million | +0.50% |
| 2005-12-31 | $32.30 Million | +3.71% |
| 2004-12-31 | $31.15 Million | +70.01% |
| 2003-12-31 | $18.32 Million | -2.21% |
| 2002-12-31 | $18.74 Million | +6.28% |
| 2001-12-31 | $17.63 Million | +15.00% |
| 2000-12-31 | $15.33 Million | -3.45% |
| 1999-12-31 | $15.88 Million | -15.80% |
| 1998-12-31 | $18.86 Million | +13.09% |
| 1997-12-31 | $16.67 Million | +21.61% |
| 1996-12-31 | $13.71 Million | -1.38% |
| 1995-12-31 | $13.90 Million | -7.32% |
| 1994-12-31 | $15.00 Million | +12.78% |
| 1993-12-31 | $13.30 Million | -6.34% |
| 1992-12-31 | $14.20 Million | -7.79% |
| 1991-12-31 | $15.40 Million | -5.52% |
| 1990-12-31 | $16.30 Million | -16.41% |
| 1989-12-31 | $19.50 Million | -2.99% |
| 1988-12-31 | $20.10 Million | -3.83% |
| 1987-12-31 | $20.90 Million | -10.68% |
| 1986-12-31 | $23.40 Million | -3.70% |
| 1985-12-31 | $24.30 Million | -- |
About Texas Pacific Land Trust
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements.… Read more