Texas Pacific Land Corporation (TPL)

Texas Pacific Land Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	533.91	725.17	510.83	428.24	281.05	303.65
Cash & Short-Term Investments	533.91	725.17	510.83	428.24	281.05	303.65
Cash Growth	-18.38%	41.96%	19.29%	52.37%	-7.44%	153.78%
Receivables	122.63	128.97	103.98	95.22	48.22	63
Prepaid Expenses	48.43	2.94	7.43	3.05	1.29	-
Other Current Assets	4	5.38	11.16	-	1.98	-
Total Current Assets	708.97	862.46	633.4	526.51	332.53	366.64
Property, Plant & Equipment	119.11	91.45	88	81.55	81.74	91.42
Long-Term Investments	164.03	46.61	45.03	44.39	45.65	29.06
Other Intangible Assets	35.77	21.03	-	-	-	-
Other Long-Term Assets	147.69	134.85	111	111.61	111.72	111.06
Total Assets	1,176	1,156	877.43	764.06	571.64	598.18
Accounts Payable	40.56	21.65	23.44	17.91	13.33	19.19
Accrued Expenses	7.86	10.76	8.5	0.1	-	-
Current Portion of Leases	-	0.85	-	-	-	-
Current Income Taxes Payable	2.22	4.8	3.17	29.08	4.05	5.27
Current Unearned Revenue	6.69	6.33	4.49	3.81	4	-
Total Current Liabilities	57.33	44.39	39.6	50.9	21.38	24.46
Long-Term Leases	0.95	1.17	1.96	1.45	2.03	3.37
Long-Term Unearned Revenue	20.63	25.01	21.71	20.45	22.17	17.38
Long-Term Deferred Tax Liabilities	44.53	42.37	41.15	38.95	38.73	40.83
Other Long-Term Liabilities	-	0.27	0.13	0.61	2.15	-
Total Liabilities	123.44	113.2	104.54	112.35	86.45	86.04
Common Stock	0.23	0.08	0.08	0.08	487.88	513.6
Additional Paid-In Capital	16.39	14.61	8.29	0.03	-	-
Retained Earnings	1,196	1,172	866.14	668.03	-	-
Treasury Stock	-162.42	-145	-104.14	-15.42	-	-
Comprehensive Income & Other	1.77	1.83	2.52	-1.01	-2.69	-1.46
Shareholders' Equity	1,052	1,043	772.89	651.71	485.18	512.14
Total Liabilities & Equity	1,176	1,156	877.43	764.06	571.64	598.18
Total Debt	0.95	2.02	1.96	1.45	2.03	3.37
Net Cash (Debt)	532.96	723.15	508.88	426.8	279.02	300.28
Net Cash Growth	-18.33%	42.11%	19.23%	52.96%	-7.08%	150.97%
Net Cash Per Share	23.15	31.36	21.95	18.35	11.99	12.90
Filing Date Shares Outstanding	22.97	23.01	23.09	23.24	23.27	7.76
Total Common Shares Outstanding	22.98	23.01	23.09	23.23	7.76	7.76
Working Capital	651.64	818.08	593.81	475.61	311.15	342.18
Book Value Per Share	45.79	45.34	33.48	28.05	62.55	66.03
Tangible Book Value	1,016	1,022	772.89	651.71	485.18	512.14
Tangible Book Value Per Share	44.23	44.43	33.48	28.05	62.55	66.03
Machinery	10.02	9.8	9.72	9.07	6.13	5.94

Source: S&P Capital IQ. Standard template. Financial Sources.